Solar Panel Cost Guide in Fort Washington, PA (2023 Update)
- Fort Washington Solar Installation Cost: $16,365
- 25-Year Savings: $14,891
- Payback Period: 15.4 Years
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Updated October 25, 2023
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Average Cost of Solar Panels in Fort Washington
Find out how much it might cost to go solar in Fort Washington.
The national average cost of solar panels is $2.66 per watt, but in Fort Washington it's 2.55 per watt.The average solar panel system size in Fort Washington is around 6.6 kilowatts, meaning a cost of about $11,763 for a solar installation, or $16,821 before the 30% federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Fort Washington homeowners. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.With average savings of about $15,000 on utility bills over 20 years, many homeowners in Fort Washington find installing solar panels has a decent ROI.
You can click the button below to get connected with a pre-vetted solar company in Fort Washington for a quote for your home.
Solar savings over time in Fort Washington
| Year | Return on Investment |
|---|---|
| 1 years | $-15,074 |
| 3 years | $-12,494 |
| 5 years | $-9,913 |
| 7 years | $-7,333 |
| 9 years | $-4,752 |
| 11 years | $-2,172 |
| 13 years | $409 |
| 15 years | $2,990 |
| 17 years | $5,570 |
| 19 years | $8,151 |
| 21 years | $10,731 |
| 23 years | $13,312 |
| 25 years | $15,892 |
Top Solar Installers in Fort Washington
When going solar, many homeowners opt to hire a solar company since DIY solar panel installation can be a difficult project. The expertise that solar installers offer can be useful as well, particularly if you aren't sure what type of solar equipment you need.
If you're looking for a solar installer in Fort Washington, the EcoWatch team has put together a list of our top suggestions here:
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 Fort Washington
Factors that Affect Solar Panel Costs in Fort Washington
For many Fort Washington homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Fort Washington, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,550.There are many different solar panel brands and the one you choose also affects the cost. Typically, the brands that offer higher efficiency tend to also cost more. Additionally, the type of equipment you choose can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in Fort Washington provide solar loans, which reduce the initial cost of installing solar panels.However, the interest on solar loans also increases your overall costs, so it's crucial to keep that in mind as well. You can always lower the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The solar company you opt for to handle your switch to green energy can play a role in your total costs. There are about 3 solar installation companies in Fort Washington, and each can charge different amounts for labor and equipment.Larger national companies typically have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle charger installation, they might be cheaper overall.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.69 | $15,506 | $8,771 | 16.0 years |
| 8 kW | $3.62 | $20,278 | $12,092 | 15.7 years |
| 10 kW | $3.55 | $24,850 | $15,612 | 15.4 years |
| 12 kW | $3.48 | $29,224 | $19,330 | 15.0 years |
| 14 kW | $3.41 | $33,398 | $23,248 | 14.7 years |
| 16 kW | $3.34 | $37,374 | $27,364 | 14.4 years |
| 18 kW | $3.27 | $41,152 | $31,679 | 14.1 years |
| 20 kW | $3.19 | $44,730 | $36,193 | 13.8 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose has an impact on your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be completed and how long it will take.
- Solar Panel Brands: Different companies have various brands and models of panels. If you want a specific brand, make sure the solar panel company you're considering has it.
- Contract: When looking over your solar company's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
- Reputation: Well-established companies likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
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 Fort Washington, PA Solar Cost FAQs
What is the average cost of installing solar panels in Fort Washington?
The average cost of solar panels in Fort Washington 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 things like the kind of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Fort Washington have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future utility bills.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you need to know how much energy your home requires 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.