Solar Panel Cost Guide in Solebury, PA (Mar 2023)
- Solebury Solar Installation Cost: $11,745
- 25-Year Savings: $14,638
- Payback Period: 11.1 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated March 14, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Solebury
Find out how much it might cost to go solar in Solebury.
The average cost of a solar system in Solebury is 2.55 per watt. To cover the typical energy usage of the average home in Solebury, most homeowners require a 6.6-kilowatt system. Using the figure above, a solar installation costs about $11,745, or $16,795 before the federal solar tax credit of 30% is applied.
Remember that the numbers above are only averages. The price you'll end up paying for solar will differ based on your household energy needs, the type of equipment you want to get, your solar contractor and more. But, after you've paid the initial cost of installation, the payback for most homeowners is usually rewarding, with a net average savings of about $15,000 over 20 years on energy bills.
You can click the button below to get connected with a top solar company in Solebury that can help you get a more accurate cost estimate for your home.
Solar savings over time in Solebury
| Year | Return on Investment |
|---|---|
| 1 years | $-10,690 |
| 3 years | $-8,579 |
| 5 years | $-6,469 |
| 7 years | $-4,358 |
| 9 years | $-2,247 |
| 11 years | $-137 |
| 13 years | $1,974 |
| 15 years | $4,085 |
| 17 years | $6,195 |
| 19 years | $8,306 |
| 21 years | $10,417 |
| 23 years | $12,528 |
| 25 years | $14,638 |
Top Solar Installers in Solebury
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Hiring an installer can make swapping over to solar power much easier. A solar company can also help save you money in the long run by providing warranties, repairs and part replacements.
There are a number of licensed solar professionals that can take care of your solar installation project. 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
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 Solebury
Factors that Affect Solar Panel Costs in Solebury
There are a number of criteria that can affect your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
When it comes to estimating the cost of a solar panel system in Solebury, 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 determine 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 equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your energy bills. In addition, extra products, such as solar batteries, can bring your total well above the Solebury average.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are offered by most installers in Solebury, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more affordable. However, the interest on solar loans also increases your total costs, so it's crucial to consider that as well. You can always lower the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The last major cost factor you should consider is the installer you choose. Given the booming popularity of renewable energy solutions in Solebury, you'll have plenty of options to choose from, but each comes at varying price points for labor and equipment. Larger national companies generally have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra 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 | $12,907 | 11.6 years |
| 8 kW | $2.60 | $14,566 | $17,495 | 11.4 years |
| 10 kW | $2.55 | $17,850 | $22,225 | 11.1 years |
| 12 kW | $2.50 | $20,992 | $27,099 | 10.9 years |
| 14 kW | $2.45 | $23,990 | $32,115 | 10.7 years |
| 16 kW | $2.40 | $26,846 | $37,274 | 10.5 years |
| 18 kW | $2.35 | $29,560 | $42,576 | 10.2 years |
| 20 kW | $2.29 | $32,130 | $48,021 | 10.0 years |
How to Save on Solar Panels
The solar panel company you choose will affect 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 keep in mind, including:
- Installation Process: Make sure you're on the same page with the installer in regard to how the installation process will go and what needs to be done before your solar system is installed, such as updating your electrical system or roof.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
- Contract: It's important to look over your solar installer's contract fully to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, durability and energy efficiency. They will come at different price points as well. The company you choose has an impact on 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
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 Solebury, PA Solar Cost FAQs
What is the average cost of installing solar panels in Solebury?
The average cost of solar panels in Solebury is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Solebury?
You can't get solar panels for free in Solebury. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
How much can I save on power bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $801.51 per year.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires 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 household 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.