Solar Panel Cost Guide in Horsham, PA (2024 Update)
- Horsham Solar Installation Cost: $16,365
- 25-Year Savings: $14,891
- Payback Period: 15.4 Years
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Average Cost of Solar Panels in Horsham
Find out what the average cost of a solar system is in Horsham.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Horsham, the typical cost of solar panels is 4 per watt.The average Horsham homeowner needs a 6.6-kilowatt system, which would cost about $16,365 with the federal tax credit, or $23,402 before the 0 tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may look quite different based on your household energy needs, the type of equipment you choose, your solar contractor and more.Despite the large upfront cost, the average Horsham homeowner can save about $15,000 on their energy bills over 20 years, which is one of the perks of solar.
To receive a free estimate from a highly rated solar installer in Horsham, you can click the button below.
Solar savings over time in Horsham
Year | Return on Investment |
---|---|
1 years | $-15,063 |
3 years | $-12,461 |
5 years | $-9,858 |
7 years | $-7,255 |
9 years | $-4,653 |
11 years | $-2,050 |
13 years | $553 |
15 years | $3,155 |
17 years | $5,758 |
19 years | $8,361 |
21 years | $10,964 |
23 years | $13,566 |
25 years | $16,169 |
Top Solar Installers in Horsham
When making the switch to solar, many homeowners opt to go with a solar installation company since installing solar panels yourself can be a challenging project. Solar installers offer key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.
If you’d like to start using solar energy but still aren’t certain which solar panel company to go with, here are our recommendations for providers in Horsham:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Horsham
Factors that Affect Solar Panel Costs in Horsham
The cost of installing a solar system in Horsham can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power production use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,550.There are several different solar panel brands and the one you pick also affects the cost. Generally speaking, the brands that are more efficient tend to also be more expensive. Additionally, the type of equipment you’re looking to get 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
For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are offered by most installers in Horsham, which can lower, or in some cases totally eliminate, your upfront costs to make solar more affordable.It’s a good idea to include the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
Lastly, the company you choose to install your solar system can impact the cost. Horsham’s solar companies all have different labor costs and add varying upcharges to equipment. You may see national solar installers that have lower prices because of their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be a tough decision, we have some tips to help you, such as:
- Reputation: Your solar installer should have a sound reputation as a company and have proven 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 satisfied reviews from past customers.
- Warranty: Companies typically offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Look through the contract terms thoroughly to make sure you understand the cost breakdown, project timeline incentives and warranties.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you should know with your solar company, such as what permits you should acquire and how long the project will take.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Horsham, PA Solar Cost FAQs
How much does it cost to install solar panels in Horsham?
The average cost of solar panels in Horsham is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the actual cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Horsham?
You can’t get solar panels for free in Horsham. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Can you sell solar power back to the grid in Horsham?
Most states have net metering programs of some kind. Through these, you can either get paid for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and the average daily 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 account for 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.