Solar Panel Cost Guide in Sellersville, PA (Mar 2023)
- Sellersville Solar Installation Cost: $11,745
- 25-Year Savings: $12,565
- Payback Period: 12.1 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Sellersville
We break down average solar pricing in Sellersville.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Sellersville, the typical cost of a solar system is 2.55 per watt. The average solar panel system size in Sellersville is around 6.6 kilowatts, meaning a cost of about $11,745 for a solar installation, or $16,795 before the 30% federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Sellersville homeowners. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. For many homeowners, the upfront investment in solar power is worth paying. On average you could be looking at about $14,000 in savings on electricity bills over 20 years.
You can click the button below to get connected with a vetted solar company in Sellersville that can help you get a more accurate cost estimate for your home.
Solar savings over time in Sellersville
| Year | Return on Investment |
|---|---|
| 1 years | $-10,773 |
| 3 years | $-8,828 |
| 5 years | $-6,883 |
| 7 years | $-4,938 |
| 9 years | $-2,993 |
| 11 years | $-1,049 |
| 13 years | $896 |
| 15 years | $2,841 |
| 17 years | $4,786 |
| 19 years | $6,731 |
| 21 years | $8,676 |
| 23 years | $10,621 |
| 25 years | $12,565 |
Top Solar Installers in Sellersville
Many homeowners choose to hire a solar panel company since trying to put up solar panels yourself can be hard. Companies can also offer access to quality options of the best solar panels and help you choose which one will be right for you.
Working with a licensed solar company can make going solar easier. 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 Sellersville
Factors that Affect Solar Panel Costs in Sellersville
For many Sellersville homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Sellersville, with typical prices between $20,000 to $40,000. There are numerous factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar energy system in Sellersville, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy usage, which you can gauge by looking at past energy bills. Your overall cost can increase by about $2,550 for each additional kilowatt you need. The kind of solar panels and equipment you want is another factor that will greatly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Moreover, solar equipment is more than just the solar panels themselves. You'll also need to make decisions about 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's in your budget.
Solar Financing Terms
If paying for a solar system in cash is too expensive, solar loans are an affordable option because they reduce your upfront costs and allow you to pay for your system over five to seven years on average. While solar loans make going solar more accessible for Sellersville homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar installation company you pick will impact your total cost to go solar. Different companies will bill different amounts for the equipment and labor. Additionally, some companies in Sellersville have more knowledge about local solar incentives and can help you make good use 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 | $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 company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since choosing a company can be difficult, we have some tips to help you, such as:
- Installation Process: An important thing to understand when adopting solar energy is the installation process itself. Be sure to align on any details you need to know with your solar installer, such as what permits you should acquire and what the project timeline is.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
- Contract: When reading through your solar company's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios like a system component breaking or the company going out of business.
- Reputation: Long-standing companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
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 Sellersville, PA Solar Cost FAQs
How much does it cost to install solar panels in Sellersville?
This is a tough question to answer exactly, because the cost depends on many 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 additional solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Sellersville?
Leasing solar panels can be an option if you can't afford 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 savings from going solar.
Do solar panels increase your property value?
Solar panels can increase the value of your home considerably as long as you buy or finance your panels and don't opt 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?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher 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.