Solar Panel Cost Guide in Limerick, PA (2023 Update)
- Limerick Solar Installation Cost: $11,755
- 25-Year Savings: $14,471
- Payback Period: 11.2 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Limerick
Let's take a look at the average cost of solar in Limerick.
The national average cost of solar panels is $2.66 per watt, but in Limerick it's 2.55 per watt. Using this figure, a typical 6.6-kW system would cost about $11,763 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The exact cost of going solar can vary based on multiple factors, such as what size system you need, your energy consumption and what installation company you go with. Despite the large upfront cost, the average Limerick 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 company in your area for a personalized quote.
Solar savings over time in Limerick
| Year | Return on Investment |
|---|---|
| 1 years | $-11,667 |
| 3 years | $-11,493 |
| 5 years | $-11,318 |
| 7 years | $-11,143 |
| 9 years | $-10,968 |
| 11 years | $-10,793 |
| 13 years | $-10,618 |
| 15 years | $-10,444 |
| 17 years | $-10,269 |
| 19 years | $-10,094 |
| 21 years | $-9,919 |
| 23 years | $-9,744 |
| 25 years | $-9,569 |
Top Solar Installers in Limerick
When making the switch to solar, many homeowners opt to hire a solar installer since installing solar panels yourself can be a difficult project. Plus, if you'd like to maximize your investment in solar energy, opting for a solar installer can help with that too. Different providers can offer warranties, expertise on installation and sometimes even information on local incentives and net metering programs.
You can get a free quote from a local solar installer on how much solar panels could cost 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
See all of the solar companies in Limerick
Factors that Affect Solar Panel Costs in Limerick
There are several criteria that can play into your solar panel 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
The size of the solar energy system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,550. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your electric bills. In addition, add-on products, such as solar batteries, can bump up your total well above the Limerick average.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are available from most installers in Limerick, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more affordable. However, the interest on solar loans also adds to your all-in costs, so it's crucial to take that into consideration as well. You can always reduce the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
A final factor to keep in mind when trying to estimate the cost of solar for your home or business in Limerick is the company you hire to install your solar panel system. As with choosing a company to build a deck or pool, for instance, there are plenty of solar installers that provide a range of services at different costs. Additionally, some companies in Limerick have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $12,757 | 11.7 years |
| 8 kW | $2.60 | $14,566 | $17,294 | 11.4 years |
| 10 kW | $2.55 | $17,850 | $21,975 | 11.2 years |
| 12 kW | $2.50 | $20,992 | $26,798 | 11.0 years |
| 14 kW | $2.45 | $23,990 | $31,764 | 10.8 years |
| 16 kW | $2.40 | $26,846 | $36,873 | 10.5 years |
| 18 kW | $2.35 | $29,560 | $42,125 | 10.3 years |
| 20 kW | $2.29 | $32,130 | $47,520 | 10.1 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Contract: Before you sign a contract with a solar installer, make sure you read it through completely so you understand the terms. Also, ask questions if you're not certain about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Reputation: Your solar installer should have a good reputation as a company and have proven expertise in the field. Two 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 positive reviews from previous customers.
- Solar Panel Brands: The brand of solar panel you'd like to get plays a role in which company you should opt for, since different companies have different panels.
- Warranty: Warranties that provide coverage for replacement parts and repairs over a long period of time such as 25 years are the best you can get in the business, and offering such a warranty is one sign of a good company.
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 Limerick, PA Solar Cost FAQs
How much does it cost to install solar panels in Limerick?
The average cost of solar panels in Limerick is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the real cost will depend on things such as the kind of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Limerick?
Leasing solar panels can be an option if you can't pay upfront or secure a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your home value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
How much can I save on power bills after switching to solar?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Limerick, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can choose 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.