Solar Panel Cost Guide in Plumstead, PA (2025 Update)
- Plumstead Solar Installation Cost: $16,360
- 25-Year Savings: $14,285
- Payback Period: 15.7 Years
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Average Cost of Solar Panels in Plumstead
See how much it might cost to install solar panels in Plumstead.
The average cost of a solar panel system in Plumstead is 4 per watt.To account for the typical energy usage of the average home in Plumstead, most homeowners require a 6.6-kilowatt system. Using the figure above, a solar installation costs around $16,360, or $23,395 before the federal solar tax credit of 0 is applied.
These figures are only averages, and how much solar costs for you will most likely vary based on the amount of energy your home requires and what company you want to go with.Many homeowners find installing solar panels is a rewarding investment. The average homeowner in Plumstead can save around $15,000 on their energy bills over 20 years.
You can click the button below to get connected with a pre-vetted solar installer in Plumstead that can help you get a more accurate cost estimate for your home.
Solar savings over time in Plumstead
| Year | Return on Investment |
|---|---|
| 1 years | $-15,086 |
| 3 years | $-12,539 |
| 5 years | $-9,992 |
| 7 years | $-7,445 |
| 9 years | $-4,898 |
| 11 years | $-2,351 |
| 13 years | $196 |
| 15 years | $2,743 |
| 17 years | $5,290 |
| 19 years | $7,838 |
| 21 years | $10,385 |
| 23 years | $12,932 |
| 25 years | $15,479 |
Top Solar Installers in Plumstead
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Hiring an installer can make your switch to solar power much easier. Another good thing about choosing a top solar installer is that it'll usually provide warranties and free repairs, which help protect your solar investment.
If you're looking for a solar company in Plumstead, we've compiled a list of our top suggestions here:
See all of the solar companies in Plumstead
Factors that Affect Solar Panel Costs in Plumstead
For many Plumstead homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Plumstead, with typical prices between $20,000 to $40,000. There are a few factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That’s why it’s important to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs.The brand and type of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive 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 will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar installers in Plumstead offer solar loans, which reduce your upfront costs of installing a solar system.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 APR could reduce your costs remarkably.
Solar Panel Installation Company
The solar installer you choose will play a role in your total cost to adopt solar energy. Different companies will bill different amounts for the equipment and labor.Larger national companies generally have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric car 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 | $8,223 | 16.3 years |
| 8 kW | $3.62 | $20,278 | $11,361 | 16.0 years |
| 10 kW | $3.55 | $24,850 | $14,699 | 15.7 years |
| 12 kW | $3.48 | $29,224 | $18,235 | 15.4 years |
| 14 kW | $3.41 | $33,398 | $21,970 | 15.1 years |
| 16 kW | $3.34 | $37,374 | $25,903 | 14.8 years |
| 18 kW | $3.27 | $41,152 | $30,036 | 14.5 years |
| 20 kW | $3.19 | $44,730 | $34,367 | 14.1 years |
How to Save on Solar Panels
The solar company you go with will affect not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should consider, including:
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. Although there are many options for which model 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 take a look at their list of options before deciding.
- Warranty: Warranties that cover defective panels and repairs over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one indication of a quality company.
- Installation Process: Make sure you’re aligned with the company regarding how the installation process will go and what you need to do before your solar panel system is installed, such as updating your electrical system or roof.
- Contract: Read the contract terms thoroughly to make sure you understand the cost breakdown, project completion timeline incentives and warranties.
EcoWatch's Plumstead, PA Solar Cost FAQs
What is the average cost of installing solar panels in Plumstead?
This is a hard question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $17,750 for a 5-kW system and $35,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have above-average energy needs. On the other hand, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
How will installing solar panels impact the value of my home?
Solar panels can increase your property’s value considerably as long as you buy or finance your panels and don’t go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is how much energy they produce will have decreased significantly after that point. You can replace them once you've had 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.