Solar Panel Cost Guide in Limerick, PA (2024 Update)
- Limerick Solar Installation Cost: $16,365
- 25-Year Savings: $15,006
- Payback Period: 15.6 Years
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Average Cost of Solar Panels in Limerick
Find out how much it might cost to install solar panels in Limerick.
The national average cost of solar panels is $2.66 per watt, but in Limerick it’s 4 per watt.To account for the typical energy needs of the average home in Limerick, most homeowners require a 6.6-kilowatt system. Using the per-watt figure above, a solar installation costs about $16,365, or $23,402 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of making the switch to solar can vary based on multiple factors, such as how many panels you need, your energy usage and what installation company you go with.For most homeowners, the upfront investment in solar power is worth paying. On average homeowners in Limerick see about $15,000 in savings on energy bills over 20 years.
You can click the button below to get connected with a vetted solar company in Limerick for a quote for your home.
Solar savings over time in Limerick
| Year | Return on Investment |
|---|---|
| 1 years | $-15,110 |
| 3 years | $-12,600 |
| 5 years | $-10,091 |
| 7 years | $-7,581 |
| 9 years | $-5,071 |
| 11 years | $-2,562 |
| 13 years | $-52 |
| 15 years | $2,457 |
| 17 years | $4,967 |
| 19 years | $7,477 |
| 21 years | $9,986 |
| 23 years | $12,496 |
| 25 years | $15,006 |
Top Solar Installers in Limerick
Many homeowners opt for a solar installer since trying to put up solar panels by yourself can be time-consuming. Some solar companies, particularly local ones, can help you better understand incentives in Limerick, thereby optimizing your ROI.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some in Limerick:
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 Limerick
Factors that Affect Solar Panel Costs in Limerick
Even though the average cost of a solar system in Limerick is $16,365, your actual cost may differ. There are quite a few factors that can have a major impact on the cost of a 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. For that reason, it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use.The brand and type of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are offered by most installers in Limerick, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more affordable.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
Lastly, the company you get to install your solar system can impact the cost. Limerick’s solar companies all have different labor costs and add varying upcharges to equipment. 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 add-on 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 | $8,389 | 16.2 years |
| 8 kW | $3.62 | $20,278 | $11,582 | 15.9 years |
| 10 kW | $3.55 | $24,850 | $14,975 | 15.6 years |
| 12 kW | $3.48 | $29,224 | $18,566 | 15.3 years |
| 14 kW | $3.41 | $33,398 | $22,356 | 15.0 years |
| 16 kW | $3.34 | $37,374 | $26,345 | 14.7 years |
| 18 kW | $3.27 | $41,152 | $30,533 | 14.4 years |
| 20 kW | $3.19 | $44,730 | $34,920 | 14.0 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be done and what the project timeline is.
- Contract: It’s important to read your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about your solar system’s energy production.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose affects which solar panel brands you have access to.
- 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 likely has a solid reputation and is qualified to do the job well. Another way you can verify 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 Limerick, PA Solar Cost FAQs
How much does it cost to install solar panels in Limerick?
This is a tough question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $17,750 for a 5-kW system and $35,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in Limerick?
Leasing solar panels can be an attractive choice, as it often comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better option if you want to maximize your savings.
Do solar panels increase your home value?
Solar panels can increase your property’s value considerably as long as you buy or finance your panels and don’t go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
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 needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household 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.