Solar Panel Cost Guide in Jenkintown, PA (2024 Update)
- Jenkintown 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 Jenkintown
Find out what the average cost of installing solar panels is in Jenkintown.
The national average cost of solar panels is $2.66 per watt, but in Jenkintown it’s 4 per watt.The average Jenkintown 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.
The true cost of your system can go above or below the average in Jenkintown based on a variety of factors, such as the model of solar panels you choose and the solar company you hire.For most homeowners, the upfront cost of solar is worth paying. On average Jenkintown homeowners see about $15,000 in savings on electricity bills over 20 years.
To receive a free estimate from a highly rated solar installer in Jenkintown, you can click the button below.
Solar savings over time in Jenkintown
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 Jenkintown
Many homeowners decide to use a solar installer since trying to install solar panels on your own can be challenging. A solar installer can also help save you money over the lifespan of your system by providing warranties, repairs and component replacements.
If you’d like to start using solar energy but still aren’t certain which solar installer to go with, here are our suggestions for providers in Jenkintown:
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 Jenkintown
Factors that Affect Solar Panel Costs in Jenkintown
For many Jenkintown homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Jenkintown, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use.There are many different solar panel brands and the one you choose also changes the cost. Generally speaking, the brands that offer higher efficiency tend to also be more expensive. Plus, the type of equipment you’re looking to get can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a big investment. That’s why many Jenkintown homeowners opt to finance their solar panel systems to offset upfront costs.When considering your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The last significant cost factor you should keep in mind is the installer you choose. Given the booming popularity of green energy solutions in Jenkintown, you’ll have plenty of options to choose from, but each comes at different price points for labor and equipment.Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and find a company that offers the products, warranties and services you want and also fits within your budget.
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. Since choosing a company can be a tough decision, we have some tips to help you, such as:
- Installation Process: Make sure you’re on the same page with the company regarding how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you go with.
- Contract: It’s important to look over your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to get the job done well. Another way you can research your installer’s reputation is by reading reviews.
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 Jenkintown, PA Solar Cost FAQs
What is the average cost of installing solar panels in Jenkintown?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $17,750 for a 5-kW system and $35,500 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or more efficient panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
What other factors should I consider aside from cost when buying solar panels?
The upfront cost is a crucial factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Can solar panels completely eradicate my energy bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Jenkintown, 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?
To figure out how many solar panels you need, you should find out 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 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.