Solar Panel Cost Guide in Folsom, PA (Sep 2022)

  • Folsom Solar Installation Cost: $11,620
  • 25-Year Savings: $15,025
  • Payback Period: 10.9 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Folsom

We break down average solar pricing in Folsom.

In Folsom, solar panels cost about $3 per watt on average. Since a 6.5-kW system is needed to cover the energy consumption of a typical home in Folsom, the average price of going solar will be about $11,620 before claiming the federal solar tax credit of 30%.

The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of making the switch to solar can vary based on a few factors, such as what size system you need, your energy consumption and what installation company you go with. With typical savings of about $16,000 on energy bills over 20 years, many homeowners in Folsom find investing in solar can pay off big.

To calculate your potential ROI and connect with a local solar company, click the button below.

Solar savings over time in Folsom

Year Return on Investment
1 years $-10,555
3 years $-8,423
5 years $-6,291
7 years $-4,160
9 years $-2,028
11 years $104
13 years $2,235
15 years $4,367
17 years $6,499
19 years $8,630
21 years $10,762
23 years $12,894
25 years $15,025

Top Solar Installers in Folsom

Many homeowners choose to hire a solar installer since trying to put up solar panels by yourself can be time-consuming. The expertise that solar installers provide can be helpful as well, particularly if you aren't sure what type of solar equipment you need.

If you'd like to switch to solar energy but still aren't sure which solar system installer to go with, here are our recommendations for providers near you:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

The Green Panel

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

See all of the solar companies in Folsom

Factors that Affect Solar Panel Costs in Folsom

For many Folsom homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Folsom, with typical prices between $20,000 to $40,000. There are several factors that greatly influence the price you'll pay, which we'll go over below.

Solar Equipment Size

One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to pay about $2,550 per kilowatt in Folsom. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your electric bills. Additionally, add-on products, such as solar batteries, can bump up your total well above the Folsom average.

Solar Financing Terms

For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are offered by most installers in Folsom, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable. However, the interest on solar loans also adds to your overall costs, so it's vital to include that in your estimate as well. You can always reduce the total you pay in interest and in some cases even your APR by putting more money down.

Solar Panel Installation Company

The remaining significant cost factor you should keep in mind is the installer you choose. Given the booming popularity of renewable energy solutions in Folsom, you'll have a great number of options to choose from, but each comes at various price points for labor and equipment. Additionally, some companies in Folsom know more about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.

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 $13,415 11.3 years
8 kW $2.60 $14,566 $18,172 11.1 years
10 kW $2.55 $17,850 $23,072 10.9 years
12 kW $2.50 $20,992 $28,114 10.7 years
14 kW $2.45 $23,990 $33,300 10.5 years
16 kW $2.40 $26,846 $38,628 10.3 years
18 kW $2.35 $29,560 $44,100 10.0 years
20 kW $2.29 $32,130 $49,713 9.8 years

Solar Incentives in Folsom

Name High Performance Buildings Incentive Program
Website Visit here
More Info Click here

Name City of Philadelphia - Solar Rebate Program
Website Visit here
More Info Click here

Name Wind and Geothermal Incentives Program
Website Visit here
More Info Click here

Name Solar Alternative Energy Credits
Website Visit here
More Info Click here

Name High Performance Building Incentives Program
Website Visit here
More Info Click here

Name Residential Renewable Energy Tax Credit
Website Visit here
More Info Click here

How to Save on Solar Panels

Since the type of solar panels and the installer you choose has an impact on your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:

  • Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years likely offer quality solar panel installation and expertise.
  • Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the completion timeline.
  • Contract: Look through the contract terms carefully to make sure you understand the cost breakdown, project timeline incentives and warranties.
  • Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose plays a role in which solar panel brands you have access to.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

The Green Panel

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

EcoWatch's Folsom, PA Solar Cost FAQs

What is the average cost of installing solar panels in Folsom?

This is a difficult question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $12,750 for a 5-kW system and $25,500 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you choose a smaller solar panel system or cheaper solar panels.

Is cost the most important consideration when buying solar panels?

Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.

Is it worth going solar in Folsom?

Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and the amount of direct sunlight your roof gets.

What solar power system size is right for my home?

To figure out how many solar panels you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.

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.

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