Solar Panel Cost Guide in Perkiomen, PA (2023 Update)
- Perkiomen Solar Installation Cost: $11,763
- 25-Year Savings: $14,533
- Payback Period: 11.2 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Perkiomen
We break down average solar pricing in Perkiomen.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Perkiomen, the typical cost of solar panels is 2.55 per watt. Because a 6.6-kW system is needed to cover the energy needs of a typical home in Perkiomen, the average price of going solar will be about $11,763 after claiming the federal solar tax credit of 30%.
Keep in mind that the figures above are only estimates based on the average energy use of Perkiomen homeowners. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. But, after you've paid the upfront cost of installation, the return on investment for most homeowners is usually rewarding, with a net average savings of about $15,000 over 20 years on power bills.
To calculate your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Perkiomen
| Year | Return on Investment |
|---|---|
| 1 years | $-10,711 |
| 3 years | $-8,608 |
| 5 years | $-6,504 |
| 7 years | $-4,400 |
| 9 years | $-2,296 |
| 11 years | $-193 |
| 13 years | $1,911 |
| 15 years | $4,015 |
| 17 years | $6,118 |
| 19 years | $8,222 |
| 21 years | $10,326 |
| 23 years | $12,429 |
| 25 years | $14,533 |
Top Solar Installers in Perkiomen
Although you can install solar panels by yourself, it involves extra effort and knowledge. That's why most people choose a solar panel installer. Plus, if you aren't sure what kind of solar panels and equipment you want, a solar expert can help you find the right equipment for you after a site survey and consultation.
There are a number of licensed solar professionals that can take care of your solar installation project. 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
See all of the solar companies in Perkiomen
Factors that Affect Solar Panel Costs in Perkiomen
While the average cost of a solar system in Perkiomen is $11,763, your final cost may be above or below the average. There are many factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
When it comes to estimating the cost of solar panels in Perkiomen, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy usage, which you can figure out by looking at past power bills. Your total cost can increase by about $2,550 for each additional kilowatt you need. There are several different solar panel brands and the one you pick also changes the cost. In general, the brands that have better efficiency tend to also be more expensive. In addition, the type of equipment you're looking to get can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are provided by most installers in Perkiomen, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible. However, the interest on solar loans also increases your overall costs, so it's crucial to keep that in mind as well. You can always lower the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The solar company you opt for to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar panel companies in Perkiomen, and each can charge varying amounts for labor and equipment. The company's size sometimes plays the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to 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 | $2.65 | $11,138 | $12,820 | 11.6 years |
| 8 kW | $2.60 | $14,566 | $17,379 | 11.4 years |
| 10 kW | $2.55 | $17,850 | $22,081 | 11.2 years |
| 12 kW | $2.50 | $20,992 | $26,926 | 11.0 years |
| 14 kW | $2.45 | $23,990 | $31,913 | 10.7 years |
| 16 kW | $2.40 | $26,846 | $37,043 | 10.5 years |
| 18 kW | $2.35 | $29,560 | $42,316 | 10.3 years |
| 20 kW | $2.29 | $32,130 | $47,732 | 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 pick the right company for you, here are some tips to keep in mind:
- Installation Process: When making the switch to solar, it's necessary to maintain an open line of communication with your solar panel installer. See to it that you understand how the installation process will go and the project completion timeline.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years likely offer good-quality solar panel installation and expertise.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. While there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so make sure you ask for their list of offerings before making your decision.
- Contract: Though reading through a contract can take a lot of time, it's important to do it thoroughly so you can make sure you understand what services your solar company will provide 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
EcoWatch's Perkiomen, PA Solar Cost FAQs
What is the average cost of installing solar panels in Perkiomen?
This is a hard 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. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have above-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
What other factors should I consider in addition to cost when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on energy bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $798.62 per year.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally 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.