Solar Panel Cost Guide in Perkasie, PA (2023 Update)
- Perkasie Solar Installation Cost: $16,360
- 25-Year Savings: $13,766
- Payback Period: 16.0 Years
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Updated October 25, 2023
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Average Cost of Solar Panels in Perkasie
Here's how much it might cost to go solar in Perkasie.
The average cost of a solar system in Perkasie is 2.55 per watt.The average Perkasie homeowner needs a 6.6-kilowatt system, which would cost about $11,745 with the federal tax credit, or $16,795 before the 30% tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Perkasie homeowners. The price 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, once you've paid the upfront cost of installation, the return on investment for most homeowners is quite good, with a net average savings of about $15,000 over 20 years on energy bills.
To receive a free quote from a pre-vetted solar company in Perkasie, you can click the button below.
Solar savings over time in Perkasie
| Year | Return on Investment |
|---|---|
| 1 years | $-15,117 |
| 3 years | $-12,631 |
| 5 years | $-10,145 |
| 7 years | $-7,659 |
| 9 years | $-5,173 |
| 11 years | $-2,687 |
| 13 years | $-201 |
| 15 years | $2,285 |
| 17 years | $4,771 |
| 19 years | $7,257 |
| 21 years | $9,743 |
| 23 years | $12,229 |
| 25 years | $14,715 |
Top Solar Installers in Perkasie
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can take a lot of hard work. Hiring a solar panel installer can make your swap to solar power much easier. The expertise that solar companies provide can be helpful as well, especially if you aren't sure what type of solar equipment you need.
Working with a licensed solar installer can make going solar easier. Here are our recommendations:
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 Perkasie
Factors that Affect Solar Panel Costs in Perkasie
Though the average cost of a solar system in Perkasie is $11,745, your actual cost may be higher or lower than that. There are many factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to pay around $2,550 per kilowatt in Perkasie.The brand and kind 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 come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you can expect 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
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That's why many Perkasie homeowners decide to finance their solar panel systems to offset upfront costs.You'll have to consider the long-term cost of loans, including the amount of 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 interest rate could reduce your costs considerably.
Solar Panel Installation Company
The solar panel installer you select will affect your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.Larger national companies usually have lower costs, but some local companies compete with them by promoting 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 | $7,750 | 16.7 years |
| 8 kW | $3.62 | $20,278 | $10,731 | 16.3 years |
| 10 kW | $3.55 | $24,850 | $13,911 | 16.0 years |
| 12 kW | $3.48 | $29,224 | $17,289 | 15.7 years |
| 14 kW | $3.41 | $33,398 | $20,866 | 15.4 years |
| 16 kW | $3.34 | $37,374 | $24,642 | 15.1 years |
| 18 kW | $3.27 | $41,152 | $28,617 | 14.7 years |
| 20 kW | $3.19 | $44,730 | $32,791 | 14.4 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Reputation: Well-established companies likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you hire.
- Contract: Look through the contract terms thoroughly to make sure you understand the overall cost, project timeline incentives and warranties.
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 Perkasie, PA Solar Cost FAQs
How much does it cost to install solar panels in Perkasie?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Broadly 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 additional solar equipment or higher quality panels, or if you have above-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Is cost the most important consideration when buying solar panels?
The upfront cost is a key factor to consider, but whether it's the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
How will installing solar panels impact the value of my home?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Perkasie is currently $322,200, so you can expect a value of about $13,210 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Perkasie is a worthwhile investment.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to account for their typical energy usage.
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.