Solar Panel Cost Guide in Perkiomen, PA (2024 Update)
- Perkiomen Solar Installation Cost: $16,365
- 25-Year Savings: $14,541
- Payback Period: 15.6 Years
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Average Cost of Solar Panels in Perkiomen
Find out what the average cost of solar panels are in Perkiomen.
The average cost of solar panels in Perkiomen is 4 per watt.Using this figure, a typical 6.6-kW system would cost about $16,365 before the 0 federal solar tax credit is applied.
These figures are only averages, and how much solar costs for you will most likely differ based on factors unique to your home and what company you choose to go with.For most homeowners, the upfront cost of solar power is worth paying. On average Perkiomen homeowners see about $15,000 in savings on energy bills over 20 years.
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 | $-15,098 |
| 3 years | $-12,565 |
| 5 years | $-10,031 |
| 7 years | $-7,498 |
| 9 years | $-4,965 |
| 11 years | $-2,432 |
| 13 years | $102 |
| 15 years | $2,635 |
| 17 years | $5,168 |
| 19 years | $7,701 |
| 21 years | $10,235 |
| 23 years | $12,768 |
| 25 years | $15,301 |
Top Solar Installers in Perkiomen
Trying to put up solar panels on your own can be a stressful task, which is why getting a solar installation company is a good option for many homeowners. The payback period of solar panels will vary depending on factors like your roof configuration and energy needs, but working with a solar installer can shorten that period. Your provider will be able to help you identify incentives available in your area.
If you're searching for a solar company in Perkiomen, we've organized a list of our top suggestions here:
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 Perkiomen
Factors that Affect Solar Panel Costs in Perkiomen
Though the average cost of a solar system in Perkiomen is $16,365, your final cost may be higher or lower than that. There are quite a few factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more important things to consider.
Solar Equipment
When it comes to estimating the price of a solar energy system in Perkiomen, one of the most crucial 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 determine by looking at past electricity bills. Your overall cost can increase by about $3,550 for each additional kilowatt you need.There are several different solar panel brands and the one you choose also affects the cost. In general, the brands that have better efficiency tend to also be more expensive. Additionally, the type of equipment you’re looking to get can affect your total cost. If you only 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 financially overwhelming. Solar loans are offered by most installers in Perkiomen, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable.However, the interest on solar loans also adds to your overall costs, so it’s vital to keep that in mind as well. You can always bring down the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar panel companies operating in Perkiomen, and each can charge different amounts for labor and equipment.Additionally, some companies in Perkiomen are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $8,452 | 16.2 years |
| 8 kW | $3.62 | $20,278 | $11,667 | 15.9 years |
| 10 kW | $3.55 | $24,850 | $15,081 | 15.6 years |
| 12 kW | $3.48 | $29,224 | $18,694 | 15.2 years |
| 14 kW | $3.41 | $33,398 | $22,505 | 14.9 years |
| 16 kW | $3.34 | $37,374 | $26,515 | 14.6 years |
| 18 kW | $3.27 | $41,152 | $30,724 | 14.3 years |
| 20 kW | $3.19 | $44,730 | $35,132 | 14.0 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 select the right company for you, here are some tips to keep in mind:
- Installation Process: Make sure you’re aligned with the company in regard to how the installation process will go and what you need to do before your solar panels are installed, such as repairing your electrical system or roof.
- Contract: Before you sign a contract with a solar company, be sure to read it through carefully so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Warranty: Each company may offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. 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 peruse their list of options before making your decision.
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 Perkiomen, PA Solar Cost FAQs
How much does it cost to install solar panels in Perkiomen?
The average cost of solar panels in Perkiomen 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 certain factors like the type of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
How long do solar panels last in Perkiomen?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down 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.