Solar Panel Cost Guide in Skippack, PA (2023 Update)
- Skippack Solar Installation Cost: $11,763
- 25-Year Savings: $14,319
- Payback Period: 11.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Skippack
Find out what the average cost of a solar system is in Skippack.
The average cost of a solar panel system in Skippack is 2.55 per watt. Using this figure, a typical 6.6-kW system would cost about $11,763 before the 30% federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Skippack homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. With average savings of about $15,000 on utility bills over 20 years, many homeowners in Skippack find investing in solar can be quite rewarding.
You can click the button below to get connected with a pre-vetted solar company in Skippack that can help you get a more accurate cost estimate for your home.
Solar savings over time in Skippack
| Year | Return on Investment |
|---|---|
| 1 years | $-10,720 |
| 3 years | $-8,633 |
| 5 years | $-6,547 |
| 7 years | $-4,460 |
| 9 years | $-2,374 |
| 11 years | $-287 |
| 13 years | $1,799 |
| 15 years | $3,886 |
| 17 years | $5,972 |
| 19 years | $8,059 |
| 21 years | $10,146 |
| 23 years | $12,232 |
| 25 years | $14,319 |
Top Solar Installers in Skippack
Many homeowners decide to use a solar installer since installing solar panels by yourself can be a labor-intensive endeavor. Some solar companies, especially local ones, can help you take advantage of incentives in Skippack, optimizing your ROI.
If you're on the hunt for a solar company in Skippack, we've 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 Skippack
Factors that Affect Solar Panel Costs in Skippack
There are many criteria that can affect your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. Because of that, it's important to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. The model of solar panels and equipment you get is another factor that will largely influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more costly. Furthermore, solar equipment is more than just the solar panels themselves. You'll also need to decide on 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
Most solar installers in Skippack provide solar loans, which reduce your upfront costs of installing solar. When figuring out your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Skippack is the company you get to install your solar system. Similar to choosing a company to install new cabinets, for instance, there are plenty of solar installers that offer a range of services for different budgets. Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and find a company that has the products, warranties and services you want and also fit into 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 | $12,625 | 11.7 years |
| 8 kW | $2.60 | $14,566 | $17,119 | 11.5 years |
| 10 kW | $2.55 | $17,850 | $21,755 | 11.3 years |
| 12 kW | $2.50 | $20,992 | $26,535 | 11.0 years |
| 14 kW | $2.45 | $23,990 | $31,457 | 10.8 years |
| 16 kW | $2.40 | $26,846 | $36,522 | 10.6 years |
| 18 kW | $2.35 | $29,560 | $41,730 | 10.4 years |
| 20 kW | $2.29 | $32,130 | $47,081 | 10.1 years |
How to Save on Solar Panels
There are many companies available in Skippack, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Reputation: Companies that have been operating for many years likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. Although there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so be sure to ask for their list of options before deciding.
- Contract: It's important to read through your solar installer's contract closely to understand what services they will provide, what the warranty covers and what you can expect about your solar system's energy production.
- Warranty: A comprehensive, long-term warranty can help keep your solar panel system running for a long time and save you money on repairs and maintenance.
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 Skippack, PA Solar Cost FAQs
How much does it cost to install solar panels in Skippack?
This is a hard question to answer precisely, 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 be more expensive if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Is cost the most important thing to think about when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How will having solar panels impact my property value?
Solar panels can increase the value of your home significantly as long as you buy or finance your panels and don't choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and the average daily sunlight your roof gets. You can 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 install between 20 and 35 panels to account for 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.