Solar Panel Cost Guide in Pennsbury, PA (2024 Update)
- Pennsbury Solar Installation Cost: $16,246
- 25-Year Savings: $14,976
- Payback Period: 15.2 Years
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Average Cost of Solar Panels in Pennsbury
Let’s take a look at the average cost of solar panels in Pennsbury.
The national average cost of solar panels is $2.66 per watt, but in Pennsbury it’s 4 per watt.To account for the typical energy needs of the average home in Pennsbury, most homeowners require a 6.5-kilowatt system. Using the per-watt figure above, a solar installation costs around $16,246, or $23,232 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 what size system you need, your energy consumption and what company you go with.Many homeowners find adopting solar power is a sound investment. The average homeowner in Pennsbury can save around $15,000 on their electricity bills over 20 years.
Click the button below to get connected to a highly rated solar panel company in your area for a custom quote.
Solar savings over time in Pennsbury
| Year | Return on Investment |
|---|---|
| 1 years | $-14,955 |
| 3 years | $-12,375 |
| 5 years | $-9,794 |
| 7 years | $-7,214 |
| 9 years | $-4,633 |
| 11 years | $-2,053 |
| 13 years | $528 |
| 15 years | $3,108 |
| 17 years | $5,689 |
| 19 years | $8,270 |
| 21 years | $10,850 |
| 23 years | $13,431 |
| 25 years | $16,011 |
Top Solar Installers in Pennsbury
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Taking advantage of a solar company can make your swap to solar power much easier. Since solar panels are exposed to the elements every day, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by reducing potential costs down the line.
There are various 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 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 Pennsbury
Factors that Affect Solar Panel Costs in Pennsbury
The cost of installing a solar system in Pennsbury can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
When it comes to estimating the cost of solar panels in Pennsbury, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy usage, which you can gauge by looking at past power bills. Your overall cost can increase by about $3,550 for each additional kilowatt you need.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Pennsbury, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Pennsbury to be prohibitively steep, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides access to financing options. Solar loans drastically decrease upfront costs in most cases, but they also lead to a higher cost over time due to interest.When figuring out your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar company you choose to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar installation companies in Pennsbury, and each can charge different amounts for labor and equipment.The size of the company sometimes plays the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger companies.
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 | $8,948 | 15.9 years |
| 8 kW | $3.62 | $20,278 | $12,329 | 15.5 years |
| 10 kW | $3.55 | $24,850 | $15,908 | 15.2 years |
| 12 kW | $3.48 | $29,224 | $19,686 | 14.9 years |
| 14 kW | $3.41 | $33,398 | $23,662 | 14.6 years |
| 16 kW | $3.34 | $37,374 | $27,838 | 14.3 years |
| 18 kW | $3.27 | $41,152 | $32,212 | 14.0 years |
| 20 kW | $3.19 | $44,730 | $36,785 | 13.7 years |
How to Save on Solar Panels
Since the kind of solar panels and the company you choose significantly impacts your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: Your solar installer should have a solid 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 satisfied reviews from previous customers.
- Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Not all solar companies carry 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.
- Contract: Even though reading through a contract can take a lot of time, it’s important to do it fully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
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 Pennsbury, PA Solar Cost FAQs
What is the average cost of installing solar panels in Pennsbury?
The average cost of solar panels in Pennsbury is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Pennsbury?
You can’t get solar panels for free in Pennsbury. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
How will installing solar panels impact my home value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Pennsbury is currently $558,532, so you can expect a value of about $22,900 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Pennsbury is a rewarding investment.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you need to know 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 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.