Solar Panel Cost Guide in Lansdale, PA (2023 Update)
- Lansdale Solar Installation Cost: $11,763
- 25-Year Savings: $18,022
- Payback Period: 9.9 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Lansdale
Let's have a look at the average cost of solar panels in Lansdale.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Lansdale, the average cost of a solar system is 2.55 per watt. The average solar panel system size in Lansdale 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.
The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of installing solar panels can vary quite a bit depending on a few factors, such as how many panels you need, your energy consumption and what solar installer you go with. Even with the significant upfront cost, the average Lansdale homeowner can save around $17,000 on their electricity bills over 20 years, which is one of the positives of solar.
To see your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Lansdale
| Year | Return on Investment |
|---|---|
| 1 years | $-10,572 |
| 3 years | $-8,189 |
| 5 years | $-5,806 |
| 7 years | $-3,423 |
| 9 years | $-1,041 |
| 11 years | $1,342 |
| 13 years | $3,725 |
| 15 years | $6,108 |
| 17 years | $8,490 |
| 19 years | $10,873 |
| 21 years | $13,256 |
| 23 years | $15,639 |
| 25 years | $18,022 |
Top Solar Installers in Lansdale
When switching to solar energy, many homeowners prefer to use a solar installer since overseeing your solar installation yourself can be a time-consuming project. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long run with their warranties, repair services and expert design.
You can work with a local solar installer to get a free quote on the cost of solar panels for your home. Here are some in Lansdale:
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 Lansdale
Factors that Affect Solar Panel Costs in Lansdale
There are several criteria that can determine your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
When it comes to estimating the price of a solar energy system in Lansdale, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy consumption, which you can gauge by looking at past energy bills. Your total cost can increase by around $2,550 for each additional kilowatt you need. There are a lot of different solar panel brands and the one you pick also changes the cost. Generally speaking, the brands that are more efficient tend to also cost more. Plus, the type of equipment you're looking to get can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are a solid choice because they cut back your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. It's a good idea to factor 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 the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
The remaining major cost factor you should consider is the installer you choose. Given the booming popularity of renewable energy solutions in Lansdale, you'll have a great number of options to choose from, but each comes at different price points for labor and equipment. You may see national solar installers that have lower prices due to their larger brand name and access to bulk equipment pricing, 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 | $2.65 | $11,138 | $15,999 | 10.3 years |
| 8 kW | $2.60 | $14,566 | $21,617 | 10.1 years |
| 10 kW | $2.55 | $17,850 | $27,379 | 9.9 years |
| 12 kW | $2.50 | $20,992 | $33,283 | 9.7 years |
| 14 kW | $2.45 | $23,990 | $39,330 | 9.5 years |
| 16 kW | $2.40 | $26,846 | $45,519 | 9.3 years |
| 18 kW | $2.35 | $29,560 | $51,852 | 9.1 years |
| 20 kW | $2.29 | $32,130 | $58,327 | 8.9 years |
How to Save on Solar Panels
There are a lot of companies available in Lansdale, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Contract: Review the contract terms thoroughly to make sure you understand the overall cost, project timeline rebates and warranties.
- Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years likely provide high-quality solar panel installation and expertise.
- Solar Panel Brands: The brand of solar panel you need to install plays a role in which company you should go with, since different companies have access to different panels.
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 Lansdale, PA Solar Cost FAQs
What is the average cost of installing solar panels in Lansdale?
This is a tough 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 more efficient panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Are solar panels free in Lansdale?
Solar panels aren't free in Lansdale, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Do solar panels increase the value of your home?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Lansdale is currently $332,600, which means you can expect a value of about $13,637 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Lansdale is a rewarding investment.
How long do solar panels last in Lansdale?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can continue to use them at a lower efficiency.
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.