Solar Panel Cost Guide in Franconia, PA (2023 Update)
- Franconia Solar Installation Cost: $11,763
- 25-Year Savings: $13,715
- Payback Period: 11.5 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Franconia
We break down average solar pricing in Franconia.
While the national average of solar panels is $2.66 per watt, solar panels in Franconia generally cost about 2.55. The average solar panel system size in Franconia 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.
Keep in mind that the figures above are only estimates based on the average Franconia homeowner. The cost 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. Despite the high initial cost, the average Franconia homeowner can save about $15,000 on their power bills over 20 years, which is one of the advantages of solar.
Click the button below to get connected to a vetted solar installer in your area for a custom estimate.
Solar savings over time in Franconia
| Year | Return on Investment |
|---|---|
| 1 years | $-10,744 |
| 3 years | $-8,706 |
| 5 years | $-6,668 |
| 7 years | $-4,629 |
| 9 years | $-2,591 |
| 11 years | $-553 |
| 13 years | $1,486 |
| 15 years | $3,524 |
| 17 years | $5,562 |
| 19 years | $7,600 |
| 21 years | $9,639 |
| 23 years | $11,677 |
| 25 years | $13,715 |
Top Solar Installers in Franconia
When going solar, many homeowners prefer to use a solar installer since putting up a solar system yourself can be a challenging project. Some solar installers, especially local ones, can help you take advantage of incentives in Franconia, thereby optimizing your ROI.
If you'd like to switch to solar energy but still aren't sure which solar panel installer to go with, here are our recommendations for providers in Franconia:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- 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 Franconia
Factors that Affect Solar Panel Costs in Franconia
Although the average cost of a solar system in Franconia is $11,763, your final cost may be higher or lower than that. There are quite a few factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. That's why it's crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs. The solar equipment you choose can increase or decrease your cost 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, more efficient panels could save you more over time on your energy bills. Additionally, extra products, like solar batteries, can bring your total well above the Franconia average.
Solar Financing Terms
Most solar companies in Franconia provide solar loans, which reduce your upfront costs of installing a solar system. It's wise to add the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Franconia is the company you get to install your PV system. As with choosing a company to install new cabinets, for instance, there are plenty of solar installers that provide a range of services at different costs. Larger national companies generally have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric car 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 | $2.65 | $11,138 | $12,075 | 12.0 years |
| 8 kW | $2.60 | $14,566 | $16,386 | 11.8 years |
| 10 kW | $2.55 | $17,850 | $20,839 | 11.5 years |
| 12 kW | $2.50 | $20,992 | $25,435 | 11.3 years |
| 14 kW | $2.45 | $23,990 | $30,174 | 11.1 years |
| 16 kW | $2.40 | $26,846 | $35,056 | 10.8 years |
| 18 kW | $2.35 | $29,560 | $40,080 | 10.6 years |
| 20 kW | $2.29 | $32,130 | $45,248 | 10.4 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because selecting a company can be a challenge, we have some tips to help you, such as:
- Warranty: A comprehensive, long-term warranty can help keep your solar system running smoothly and save you money on part replacement and repairs.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years likely offer quality solar panel installation and expertise.
- Contract: Look through the contract terms carefully to make sure you understand how much it will cost, completion timeline incentives and warranties.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you hire.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- 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 Franconia, PA Solar Cost FAQs
What is the average cost of installing solar panels in Franconia?
This is a difficult question to answer exactly, because the cost depends on a few different 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 extra solar equipment or higher quality panels, or if you have higher-than-average energy usage. On the flip side, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Is cost the most important thing to keep in mind when buying solar panels?
Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and how much direct sunlight your roof gets.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average home 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.