Solar Panel Cost Guide in Sellersville, PA (2023 Update)
- Sellersville Solar Installation Cost: $11,751
- 25-Year Savings: $12,559
- Payback Period: 12.1 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Sellersville
Here's how much it might cost to go solar in Sellersville.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Sellersville, the average cost of a solar system is 2.55 per watt. Using this figure, a typical 6.6-kW system would cost about $11,745 before the 30% federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you'll pay for solar will differ based on your household energy use, the type of solar panels you want, your solar contractor and more. Many homeowners find going solar is a fruitful investment. The average homeowner in Sellersville can save around $14,000 on their power bills over 20 years.
To receive a free estimate from a highly rated solar installation company in Sellersville, you can click the button below.
Solar savings over time in Sellersville
| Year | Return on Investment |
|---|---|
| 1 years | $-10,406 |
| 3 years | $-7,715 |
| 5 years | $-5,023 |
| 7 years | $-2,332 |
| 9 years | $359 |
| 11 years | $3,050 |
| 13 years | $5,741 |
| 15 years | $8,432 |
| 17 years | $11,124 |
| 19 years | $13,815 |
| 21 years | $16,506 |
| 23 years | $19,197 |
| 25 years | $21,888 |
Top Solar Installers in Sellersville
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a headache. Hiring a solar panel installer can make switching to solar power much easier. Companies can also have access to a large variety of the best solar panels and help you choose which one will be best for your home.
If you're looking for a solar company in Sellersville, the EcoWatch team has 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
See all of the solar companies in Sellersville
Factors that Affect Solar Panel Costs in Sellersville
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few key factors that affect your total cost in Sellersville: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,550. The brand of solar panels and equipment you want is another factor that will substantially impact costs. Solar panels that are more efficient, 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 searching for a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That's why many Sellersville homeowners decide to finance their solar panel systems to make paying for solar more affordable. You'll have to consider the long-term cost of loans, including the total interest you'll pay over the length of the loan. If you can only 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 finding a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The solar company you opt for to handle your switch to renewable energy can play a part in your total costs. There are about 3 solar installation companies operating throughout Sellersville, and each can charge different amounts for labor and equipment. 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 | $2.65 | $11,138 | $11,018 | 12.6 years |
| 8 kW | $2.60 | $14,566 | $14,976 | 12.3 years |
| 10 kW | $2.55 | $17,850 | $19,077 | 12.1 years |
| 12 kW | $2.50 | $20,992 | $23,321 | 11.8 years |
| 14 kW | $2.45 | $23,990 | $27,707 | 11.6 years |
| 16 kW | $2.40 | $26,846 | $32,237 | 11.4 years |
| 18 kW | $2.35 | $29,560 | $36,909 | 11.1 years |
| 20 kW | $2.29 | $32,130 | $41,724 | 10.9 years |
How to Save on Solar Panels
The solar company you choose will impact not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, including:
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should acquire and what the project timeline is.
- Reputation: Your solar installer should have a good reputation as a company and have proven expertise in the field. A couple of 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 positive reviews from previous customers.
- Contract: Although reading through a contract can take a lot of time, it's important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
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 Sellersville, PA Solar Cost FAQs
What is the average cost of installing solar panels in Sellersville?
The average cost of solar panels in Sellersville is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Sellersville?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
Is making the switch to solar worth it?
Solar panels can be a good investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your electricity bills are already reasonably low, solar panels might not be for you.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home needs 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 home 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.