Solar Panel Cost Guide in Montgomeryville, PA (2023 Update)
- Montgomeryville Solar Installation Cost: $11,763
- 25-Year Savings: $16,626
- Payback Period: 10.4 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Montgomeryville
We go over average solar pricing in Montgomeryville.
The average cost of solar panels in Montgomeryville is 2.55 per watt. To account for the typical energy usage of the average home in Montgomeryville, most homeowners require a 6.6-kilowatt system. Using the figure above, a solar installation costs around $11,763, or $16,821 before the federal solar tax credit of 30% is applied.
Keep in mind that the figures above are only estimates based on the average Montgomeryville homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. But, after you've paid the initial cost of installation, the savings for most homeowners is quite good, with a net average savings of about $16,000 over 20 years on power bills.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Montgomeryville
| Year | Return on Investment |
|---|---|
| 1 years | $-10,628 |
| 3 years | $-8,356 |
| 5 years | $-6,085 |
| 7 years | $-3,814 |
| 9 years | $-1,543 |
| 11 years | $728 |
| 13 years | $2,999 |
| 15 years | $5,271 |
| 17 years | $7,542 |
| 19 years | $9,813 |
| 21 years | $12,084 |
| 23 years | $14,355 |
| 25 years | $16,626 |
Top Solar Installers in Montgomeryville
Many homeowners decide to hire a solar installation company since trying to install solar panels yourself can be hard. A solar installer can also help save you money over the lifespan of your system by offering warranties, repairs and part replacements.
There are a number of licensed solar professionals that can help you install your solar panels. Here are our suggestions:
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 Montgomeryville
Factors that Affect Solar Panel Costs in Montgomeryville
Although the average cost of a solar system in Montgomeryville is $11,763, your final cost may differ. There are many factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. Because of that, it's important to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs. The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more over time on your power bills. Additionally, add-on products, like solar batteries, can bump up your total well above the Montgomeryville average.
Solar Financing Terms
If paying for solar panels in cash is difficult, solar loans are a popular choice because they lower your upfront costs and let you pay for your system over a term of, on average, between five and seven years. Though solar loans make adopting solar energy more accessible for Montgomeryville homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panel system can play a part in determining how much you pay. Montgomeryville's solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and go with the company that has the products, warranties and services you want and also is 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 | $2.65 | $11,138 | $14,728 | 10.8 years |
| 8 kW | $2.60 | $14,566 | $19,922 | 10.6 years |
| 10 kW | $2.55 | $17,850 | $25,260 | 10.4 years |
| 12 kW | $2.50 | $20,992 | $30,740 | 10.1 years |
| 14 kW | $2.45 | $23,990 | $36,363 | 9.9 years |
| 16 kW | $2.40 | $26,846 | $42,129 | 9.7 years |
| 18 kW | $2.35 | $29,560 | $48,038 | 9.5 years |
| 20 kW | $2.29 | $32,130 | $54,090 | 9.3 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 models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Contract: It's important to look over your solar installer's contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system's energy production.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
- 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 large role in the company you go with.
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. A couple of 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 positive reviews from previous customers.
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 Montgomeryville, PA Solar Cost FAQs
How much does it cost to install solar panels in Montgomeryville?
The average cost of solar panels in Montgomeryville is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the actual cost will depend on things like the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Montgomeryville?
You can't get solar panels for free in Montgomeryville. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Does Montgomeryville have a net metering program?
The majority of states have net metering programs of some kind. Through these, you can either get paid for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.