Solar Panel Cost Guide in Quakertown, PA (2023 Update)
- Quakertown Solar Installation Cost: $11,751
- 25-Year Savings: $14,619
- Payback Period: 11.1 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Quakertown
Let's take a look at the average cost of solar panels in Quakertown.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Quakertown, the typical cost of solar panels is 2.55 per watt. Because a 6.6-kW system is needed to cover the energy usage of a typical home in Quakertown, the average price of going solar will be about $11,745 after claiming the federal solar tax credit of 30%.
These figures are only estimates, and how much solar costs for you may look different based on factors unique to your home and what company you want to go with. For most homeowners, the upfront investment in solar power is worth paying. On average homeowners in Quakertown see about $15,000 in savings on electricity bills over 20 years.
To see your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Quakertown
| Year | Return on Investment |
|---|---|
| 1 years | $-11,664 |
| 3 years | $-11,488 |
| 5 years | $-11,312 |
| 7 years | $-11,136 |
| 9 years | $-10,960 |
| 11 years | $-10,785 |
| 13 years | $-10,609 |
| 15 years | $-10,433 |
| 17 years | $-10,257 |
| 19 years | $-10,081 |
| 21 years | $-9,906 |
| 23 years | $-9,730 |
| 25 years | $-9,554 |
Top Solar Installers in Quakertown
Trying to put up solar panels on your own can be a challenging task, which is why using a solar installation company is a good option for many homeowners. Also, companies with an outstanding reputation that are more expensive upfront could actually save you money in the long run with their warranties, repair services and expert design.
There are a number of licensed solar professionals that can install solar panels for you. 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 Quakertown
Factors that Affect Solar Panel Costs in Quakertown
For many Quakertown homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Quakertown, with typical prices between $20,000 to $40,000. There are a few factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
The size of the solar panel system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,550. The brand of solar panels and equipment you choose is another factor that will largely influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Further, solar equipment goes beyond just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking for a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are provided by most installers in Quakertown, which can lower, or in some cases completely eliminate, your upfront costs to make solar more accessible. You'll have to consider the long-term cost of financing options, including the total 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 more than the principal cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
Finally, the company you get to install your solar panels can influence how much it costs. Quakertown's solar companies all have different labor costs and add varying upcharges to equipment. The company's size sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger names.
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 | $12,895 | 11.6 years |
| 8 kW | $2.60 | $14,566 | $17,479 | 11.4 years |
| 10 kW | $2.55 | $17,850 | $22,206 | 11.1 years |
| 12 kW | $2.50 | $20,992 | $27,075 | 10.9 years |
| 14 kW | $2.45 | $23,990 | $32,087 | 10.7 years |
| 16 kW | $2.40 | $26,846 | $37,243 | 10.5 years |
| 18 kW | $2.35 | $29,560 | $42,540 | 10.2 years |
| 20 kW | $2.29 | $32,130 | $47,981 | 10.0 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because picking a company can be a tough decision, we have some tips to help you, such as:
- Contract: Before signing a contract with a solar installer, make sure you look it over completely so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
- Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you opt for.
- Installation Process: Make sure you're aligned with the installer with regard to how the installation process will go and what you need to do before your solar system is installed, such as updating or replacing your electrical system or roof.
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 Quakertown, PA Solar Cost FAQs
What is the average cost of installing solar panels in Quakertown?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Generally 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 extra solar equipment or more efficient 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 efficient solar panels.
Should I lease or buy solar panels in Quakertown?
Leasing solar panels can be an attractive choice, as it commonly comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better way to go if you want to maximize your savings.
Is going solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and how much direct sunlight your roof gets.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy consumption 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 buy between 20 and 35 panels to cover 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.