Solar Panel Cost Guide in Fairless Hills, PA (2023 Update)
- Fairless Hills Solar Installation Cost: $11,751
- 25-Year Savings: $14,894
- Payback Period: 11.0 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Fairless Hills
We break down average solar pricing in Fairless Hills.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Fairless Hills, the average cost of a solar system is 2.55 per watt. The average Fairless Hills homeowner needs a 6.6-kilowatt system, which would cost about $11,745 with the federal tax credit, or $16,795 before the 30% tax credit is applied.
These figures are just averages, and how much solar costs for you will most likely vary based on factors unique to your home and what company you go with. For many homeowners, the upfront investment in solar panels is worth paying. On average Fairless Hills homeowners see about $15,000 in savings on energy bills over 20 years.
To get a free quote from a pre-vetted solar company in Fairless Hills, you can click the button below.
Solar savings over time in Fairless Hills
| Year | Return on Investment |
|---|---|
| 1 years | $-10,461 |
| 3 years | $-7,881 |
| 5 years | $-5,300 |
| 7 years | $-2,719 |
| 9 years | $-139 |
| 11 years | $2,442 |
| 13 years | $5,022 |
| 15 years | $7,603 |
| 17 years | $10,183 |
| 19 years | $12,764 |
| 21 years | $15,344 |
| 23 years | $17,925 |
| 25 years | $20,505 |
Top Solar Installers in Fairless Hills
Although you can install solar panels by yourself, it takes extra labor and knowledge. Because of that, most homeowners choose to hire a solar panel installer. A solar company can also help save you money in the long run by providing warranties, repairs and system component replacements.
If you'd like to make the switch to solar but still aren't sure which solar system installer to go with, here are our recommendations for providers in Fairless Hills:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Fairless Hills
Factors that Affect Solar Panel Costs in Fairless Hills
Even though the average cost of a solar system in Fairless Hills is $11,745, your actual cost may be higher or lower than that. There are several factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to spend around $2,550 per kilowatt in Fairless Hills. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Fairless Hills, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are available from most installers in Fairless Hills, which can lower, or in some cases eliminate, your upfront costs to make solar more affordable. You'll have to consider the long-term cost of financing options, including the total interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The solar installer you choose will affect your total cost to go solar. Different companies will bill different amounts for the equipment and labor. You may see national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.65 | $11,138 | $13,146 | 11.5 years |
| 8 kW | $2.60 | $14,566 | $17,813 | 11.2 years |
| 10 kW | $2.55 | $17,850 | $22,623 | 11.0 years |
| 12 kW | $2.50 | $20,992 | $27,576 | 10.8 years |
| 14 kW | $2.45 | $23,990 | $32,672 | 10.6 years |
| 16 kW | $2.40 | $26,846 | $37,911 | 10.4 years |
| 18 kW | $2.35 | $29,560 | $43,293 | 10.1 years |
| 20 kW | $2.29 | $32,130 | $48,817 | 9.9 years |
How to Save on Solar Panels
There are a lot of companies available in Fairless Hills, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Reputation: Your solar installer should have a solid reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should acquire and what the project timeline is.
- Solar Panel Brands: The model of solar panel you'd like plays a part in which installer you should opt for, since different companies have access to different panels.
- Contract: Before signing a contract with a solar installer, make sure you read it through carefully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what the warranty covers and what services you can expect from them.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Fairless Hills, PA Solar Cost FAQs
What is the average cost of installing solar panels in Fairless Hills?
The average cost of solar panels in Fairless Hills is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to consider when buying solar panels?
Cost is a key factor to consider, but whether it's the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Can solar panels eliminate my electricity bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Fairless Hills, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to cover their typical energy usage.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.