Solar Panel Cost Guide in Phoenixville, PA (Mar 2023)
- Phoenixville Solar Installation Cost: $11,674
- 25-Year Savings: $14,972
- Payback Period: 10.9 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Phoenixville
Let's take a look at the average cost of solar panels in Phoenixville.
In Phoenixville, solar panels cost about 2.55 per watt on average. The average solar panel system size in Phoenixville is around 6.5 kilowatts, meaning a cost of about $11,674 for a solar installation, or $16,694 before the 30% federal solar tax credit is applied.
How much you pay can be above or below the average in Phoenixville depending on a few factors, such as the kind of solar panels you choose and the solar contractor you hire. But, once you've paid the upfront cost of installation, the savings for most homeowners is typically good, with a net average savings of about $15,000 over 20 years on electricity bills.
You can click the button below to get connected with a pre-vetted solar installer in Phoenixville for a quote for your home.
Solar savings over time in Phoenixville
Year | Return on Investment |
---|---|
1 years | $-10,608 |
3 years | $-8,476 |
5 years | $-6,345 |
7 years | $-4,213 |
9 years | $-2,082 |
11 years | $50 |
13 years | $2,182 |
15 years | $4,313 |
17 years | $6,445 |
19 years | $8,577 |
21 years | $10,708 |
23 years | $12,840 |
25 years | $14,972 |
Top Solar Installers in Phoenixville
Many homeowners decide to use a solar panel company since figuring out how to install solar panels on your own can be a lot of work. A solar installer can also help save you money in the long run by offering warranties, repairs and system component replacements.
Working with a professional solar company can help your solar project go smoothly. 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
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 Phoenixville
Factors that Affect Solar Panel Costs in Phoenixville
The cost of installing a solar system in Phoenixville 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 household needs, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Phoenixville, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy consumption, which you can gauge by looking at past energy bills. Your total cost can increase by around $2,550 for each additional kilowatt you need. There are several different solar panel brands and the one you choose also changes the cost. Usually, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be much 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 a challenge. Solar loans are provided by most installers in Phoenixville, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable. When estimating your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar company you go with to handle your switch to green energy can play a role in your total costs. There are about 3 solar panel companies in Phoenixville, and each can charge different amounts for labor and equipment. Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and find a company that provides the products, warranties and services you want and also fits 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 | $13,316 | 11.4 years |
8 kW | $2.60 | $14,566 | $18,041 | 11.2 years |
10 kW | $2.55 | $17,850 | $22,908 | 10.9 years |
12 kW | $2.50 | $20,992 | $27,918 | 10.7 years |
14 kW | $2.45 | $23,990 | $33,070 | 10.5 years |
16 kW | $2.40 | $26,846 | $38,366 | 10.3 years |
18 kW | $2.35 | $29,560 | $43,804 | 10.1 years |
20 kW | $2.29 | $32,130 | $49,385 | 9.9 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be difficult, we have some tips to help you, such as:
- Contract: It's important to read through your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what you can expect about your solar system's energy production.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. Although there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to ask for their list of options before making your decision.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years in most cases offer good-quality solar panel installation and expertise.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
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 Phoenixville, PA Solar Cost FAQs
How much does it cost to install solar panels in Phoenixville?
This is a difficult question to answer exactly, because the cost depends on a variety of 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 cost more if you want other solar equipment or more efficient panels, or if you have above-average energy usage. On the flip side, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Phoenixville?
A solar panel system isn't free in Phoenixville, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
How will having solar panels impact the value of my home?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Phoenixville is currently $318,700, so you could be looking at a value of about $13,067 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Phoenixville is a rewarding investment.
How long do solar panels last in Phoenixville?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them after having them for that long or you can continue to use them at a lower efficiency.
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.