Solar Panel Cost Guide in Towamencin, PA (2025 Update)
- Towamencin Solar Installation Cost: $16,365
- 25-Year Savings: $16,814
- Payback Period: 14.7 Years
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Average Cost of Solar Panels in Towamencin
We go over average solar pricing in Towamencin.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Towamencin, the average cost of solar panels is 4 per watt.The average Towamencin homeowner needs a 6.6-kilowatt system, which would cost about $16,365 with the federal tax credit, or $23,402 before the 0 tax credit is applied.
The true price you pay can go above or below the average in Towamencin based on several factors, such as the model of solar panels you choose and the solar company you hire.For most homeowners, the upfront cost of solar is worth paying. On average you could be looking at about $16,000 in savings on utility bills over 20 years.
To see your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Towamencin
| Year | Return on Investment |
|---|---|
| 1 years | $-15,037 |
| 3 years | $-12,383 |
| 5 years | $-9,729 |
| 7 years | $-7,075 |
| 9 years | $-4,420 |
| 11 years | $-1,766 |
| 13 years | $888 |
| 15 years | $3,543 |
| 17 years | $6,197 |
| 19 years | $8,851 |
| 21 years | $11,506 |
| 23 years | $14,160 |
| 25 years | $16,814 |
Top Solar Installers in Towamencin
Many homeowners opt for a solar panel installer since figuring out how to install solar panels on your own can be a labor-intensive endeavor. Local solar installers can also help you maximize your return on investment by assisting with any local incentives and by offering warranties and repairs.
If you’d like to go solar but still aren’t sure which solar panel company to go with, here are our suggestions for providers near you:
See all of the solar companies in Towamencin
Factors that Affect Solar Panel Costs in Towamencin
Cost is usually one of the most important factors for homeowners considering investing in solar. There are a few primary factors that determine your overall cost in Towamencin: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation need 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 $3,550.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Towamencin, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system out of pocket is out of reach, solar loans are an affordable choice because they cut back your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.However, the interest on solar loans also adds to your overall costs, so it’s vital to include that in your estimate as well. You can always bring down the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The solar installation company you choose will impact your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor.You may come across national solar installers that have lower prices due to their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those major players.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.69 | $15,506 | $9,887 | 15.3 years |
| 8 kW | $3.62 | $20,278 | $13,580 | 15.0 years |
| 10 kW | $3.55 | $24,850 | $17,472 | 14.7 years |
| 12 kW | $3.48 | $29,224 | $21,563 | 14.4 years |
| 14 kW | $3.41 | $33,398 | $25,852 | 14.1 years |
| 16 kW | $3.34 | $37,374 | $30,341 | 13.8 years |
| 18 kW | $3.27 | $41,152 | $35,028 | 13.5 years |
| 20 kW | $3.19 | $44,730 | $39,914 | 13.2 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- 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 satisfied reviews from past customers.
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Before signing a contract with a solar company, make sure to look it over carefully so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Solar Panel Brands: The model of solar panel you want to get plays a part in which installer you should opt for, since different companies have different panels.
EcoWatch's Towamencin, PA Solar Cost FAQs
How much does it cost to install solar panels in Towamencin?
The average cost of solar panels in Towamencin is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Towamencin?
A solar panel system isn’t free in Towamencin, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
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 go for 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 should I get to power my home?
The exact number of solar panels you need depends on your household energy needs and the average daily 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 get 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.