Solar Panel Cost Guide in Warminster, PA (2023 Update)
- Warminster Solar Installation Cost: $11,745
- 25-Year Savings: $14,900
- Payback Period: 11.0 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Warminster
Find out what the average cost of installing solar panels is in Warminster.
The average cost of solar panels in Warminster is 2.55 per watt. The average solar panel system size in Warminster 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.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The exact cost of going solar can vary based on several factors, such as what size system you need, your energy usage and what solar installer you go with. But, after you've paid the initial cost of installation, the savings for most homeowners is typically good, with a net average savings of about $15,000 over 20 years on power bills.
To receive a free quote from a vetted solar company in Warminster, you can click the button below.
Solar savings over time in Warminster
| Year | Return on Investment |
|---|---|
| 1 years | $-10,679 |
| 3 years | $-8,548 |
| 5 years | $-6,416 |
| 7 years | $-4,285 |
| 9 years | $-2,153 |
| 11 years | $-21 |
| 13 years | $2,110 |
| 15 years | $4,242 |
| 17 years | $6,374 |
| 19 years | $8,505 |
| 21 years | $10,637 |
| 23 years | $12,769 |
| 25 years | $14,900 |
Top Solar Installers in Warminster
Although you can install solar panels on your own, it involves extra time and know-how. That's one of the reasons the majority of homeowners choose to hire a solar panel installer. A solar company can also help save you money in the long run by providing warranties, repairs and part replacements.
If you're looking for a solar installer in Warminster, we've compiled 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
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 Warminster
Factors that Affect Solar Panel Costs in Warminster
For many Warminster homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Warminster, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the cost of a solar panel system in Warminster, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy usage, which you can determine by looking at past energy bills. Your overall cost can increase by around $2,550 for each additional kilowatt you need. There are a lot of different solar panel brands and the one you choose also affects the cost. Usually, the brands that have better efficiency tend to also be more expensive. Plus, the type of equipment you're looking to get can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are provided by most installers in Warminster, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more accessible. You'll have to consider the long-term cost of financing options, including the amount of interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
Lastly, the company you get to install your solar panels can play a part in determining the cost. Warminster's solar companies all have different labor costs and add varying upcharges to equipment. You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk equipment pricing, 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 | $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
There are many companies available in Warminster, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like the EcoWatch team.
- Solar Panel Brands: The type of solar panel you need to get plays a part in which installer you should choose, since different companies offer different panels.
- Contract: Before signing a contract with a solar company, make sure you read it through completely so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Warranty: A comprehensive, long-term warranty can help keep your solar system running for years to come 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
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 Warminster, PA Solar Cost FAQs
How much does it cost to install solar panels in Warminster?
This is a hard question to answer exactly, because the cost depends on a few different factors. Generally 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 extra solar equipment or more efficient panels, or if you have above-average energy needs. On the flip side, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Are solar panels free in Warminster?
Solar panels aren't free in Warminster, 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 you can take advantage of.
Is it worth going solar in Warminster?
Solar panels can be a fruitful investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already pretty low, solar panels might not be for you.
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 amount of 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.