Solar Panel Cost Guide in Warminster, PA (2023 Update)
- Warminster Solar Installation Cost: $11,751
- 25-Year Savings: $14,894
- Payback Period: 11.0 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Warminster
Let's have a look at the average cost of solar in Warminster.
The average cost of solar panels in Warminster is 2.55 per watt. Since a 6.6-kW system is needed to cover the energy usage of a typical home in Warminster, the average price of going solar will be about $11,745 after claiming the federal solar tax credit of 30%.
The true price you pay can go higher or lower than the average in Warminster depending on a few factors, such as the type of solar panels you choose and the solar installer you hire. But, once you've paid the initial cost of installation, the ROI for most homeowners is usually rewarding, with a net average savings of about $15,000 over 20 years on utility bills.
Click the button below to get connected to a top solar installer in your area for a personalized estimate.
Solar savings over time in Warminster
| Year | Return on Investment |
|---|---|
| 1 years | $-10,461 |
| 3 years | $-7,881 |
| 5 years | $-5,300 |
| 7 years | $-2,719 |
| 9 years | $-139 |
| 11 years | $2,442 |
| 13 years | $5,022 |
| 15 years | $7,603 |
| 17 years | $10,183 |
| 19 years | $12,764 |
| 21 years | $15,344 |
| 23 years | $17,925 |
| 25 years | $20,505 |
Top Solar Installers in Warminster
Although it's possible to install solar panels by yourself, it involves extra effort and handiness. That's why most people choose a solar panel installer. A solar company can also help save you money over the lifespan of your system by providing warranties, repairs and part replacements.
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
See all of the solar companies in Warminster
Factors that Affect Solar Panel Costs in Warminster
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few major factors that affect your total cost in Warminster: 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
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. Because of that, it's important to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use. The brand and type of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
If paying for solar panels out of pocket is difficult, solar loans are a popular route because they lower your upfront costs and let you pay for your system over a term of, on average, between five and seven years. When figuring out your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panels can play a part in determining how much you pay. Warminster's solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell products with high efficiency and therefore a higher price point — 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 go with the company that offers the products, warranties and services you want and also fits within 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 | $13,146 | 11.5 years |
| 8 kW | $2.60 | $14,566 | $17,813 | 11.2 years |
| 10 kW | $2.55 | $17,850 | $22,623 | 11.0 years |
| 12 kW | $2.50 | $20,992 | $27,576 | 10.8 years |
| 14 kW | $2.45 | $23,990 | $32,672 | 10.6 years |
| 16 kW | $2.40 | $26,846 | $37,911 | 10.4 years |
| 18 kW | $2.35 | $29,560 | $43,293 | 10.1 years |
| 20 kW | $2.29 | $32,130 | $48,817 | 9.9 years |
How to Save on Solar Panels
The solar installer you choose will influence not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should consider, such as:
- Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: The type of solar panel you need plays a role in which installer you should choose, since different companies have access to different panels.
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like EcoWatch.
- Contract: Look through the contract terms carefully to make sure you understand how much it will cost, project timeline rebates and warranties.
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 Warminster, PA Solar Cost FAQs
How much does it cost to install solar panels in Warminster?
The average cost of solar panels in Warminster 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 certain factors such as the type of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
The initial cost is a crucial factor to consider, but whether it's the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Does Warminster have a net metering program?
The majority of states have net metering programs of some kind. Through these, you can either get paid for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average house 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.