Solar Panel Cost Guide in Lower Pottsgrove, PA (Mar 2023)
- Lower Pottsgrove Solar Installation Cost: $11,763
- 25-Year Savings: $14,358
- Payback Period: 11.3 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Lower Pottsgrove
See how much it might cost to make the switch to solar in Lower Pottsgrove.
In Lower Pottsgrove, solar panels cost about 2.55 per watt on average. Using this figure, a typical 6.6-kW system would cost about $11,763 before the 30% federal solar tax credit is applied.
The true cost of your system can be higher or lower than the average in Lower Pottsgrove based on a variety of factors, such as the kind of solar panels you choose and the solar company you hire. With typical savings of about $15,000 on utility bills over 20 years, many homeowners in Lower Pottsgrove find installing solar panels can pay off big.
For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Lower Pottsgrove
| Year | Return on Investment |
|---|---|
| 1 years | $-10,718 |
| 3 years | $-8,629 |
| 5 years | $-6,539 |
| 7 years | $-4,449 |
| 9 years | $-2,359 |
| 11 years | $-270 |
| 13 years | $1,820 |
| 15 years | $3,910 |
| 17 years | $5,999 |
| 19 years | $8,089 |
| 21 years | $10,179 |
| 23 years | $12,269 |
| 25 years | $14,358 |
Top Solar Installers in Lower Pottsgrove
When going solar, many homeowners choose to use a solar installer since overseeing your solar installation yourself can be a challenging project. The expertise that solar installers provide can be helpful as well, particularly if you don't quite know what type of solar equipment you need.
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 Lower Pottsgrove:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Lower Pottsgrove
Factors that Affect Solar Panel Costs in Lower Pottsgrove
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that affect your total cost in Lower Pottsgrove: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation need 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 $2,550. There are a lot of different solar panel brands and the one you choose also affects the cost. In general, the brands that offer higher efficiency tend to also cost more. Additionally, the type of equipment you want to install 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
Many homeowners find the average cost of solar in Lower Pottsgrove to be too costly, even if the investment pays off over time. Thankfully, almost every solar installer in the area offers financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to higher prices over time due to interest. While solar loans make going solar more accessible for Lower Pottsgrove homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
Lastly, the company you choose to install your solar system can play a role in determining how much it costs. Lower Pottsgrove's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies keep up with 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 | $2.65 | $11,138 | $12,661 | 11.7 years |
| 8 kW | $2.60 | $14,566 | $17,167 | 11.5 years |
| 10 kW | $2.55 | $17,850 | $21,816 | 11.3 years |
| 12 kW | $2.50 | $20,992 | $26,607 | 11.0 years |
| 14 kW | $2.45 | $23,990 | $31,542 | 10.8 years |
| 16 kW | $2.40 | $26,846 | $36,619 | 10.6 years |
| 18 kW | $2.35 | $29,560 | $41,839 | 10.4 years |
| 20 kW | $2.29 | $32,130 | $47,201 | 10.1 years |
How to Save on Solar Panels
There are numerous companies to choose from in Lower Pottsgrove, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Solar Panel Brands: The kind of solar panel you want to get plays a part in which installer you should choose, since different companies offer different panels.
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be completed and how long it will take.
- Contract: Before you sign a contract with a solar installer, be sure to look it over carefully so you understand the terms. Also, ask questions if you're not certain about some of the terms, such as what to do if a component breaks or malfunctions and if there are any guarantees about energy production.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Lower Pottsgrove, PA Solar Cost FAQs
What is the average cost of installing solar panels in Lower Pottsgrove?
This is a difficult question to answer exactly, because the cost depends on a few different 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 be more expensive if you want other solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Lower Pottsgrove?
Leasing solar panels can be an appealing choice, as it typically comes with low or $0 upfront payments. The downside 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 get the most savings.
Do solar panels increase your home value?
Solar panels can increase your home value significantly 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."
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average house 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.