Solar Panel Cost Guide in Whitemarsh, PA (2023 Update)
- Whitemarsh Solar Installation Cost: $11,763
- 25-Year Savings: $14,882
- Payback Period: 11.0 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Whitemarsh
We go over average solar pricing in Whitemarsh.
In Whitemarsh, solar panels cost about 2.55 per watt on average. Since a 6.6-kW system is needed to cover the energy consumption of a typical home in Whitemarsh, the average price of going solar will be about $11,763 after claiming the federal solar tax credit of 30%.
Keep in mind that the figures above are only estimates based on the average energy use of Whitemarsh homeowners. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. For many homeowners, the upfront cost of solar power is worth paying. On average homeowners in Whitemarsh see about $15,000 in savings on electricity bills over 20 years.
To calculate your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Whitemarsh
Year | Return on Investment |
---|---|
1 years | $-10,697 |
3 years | $-8,566 |
5 years | $-6,434 |
7 years | $-4,302 |
9 years | $-2,171 |
11 years | $-39 |
13 years | $2,093 |
15 years | $4,224 |
17 years | $6,356 |
19 years | $8,487 |
21 years | $10,619 |
23 years | $12,751 |
25 years | $14,882 |
Top Solar Installers in Whitemarsh
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Hiring a solar company can make your switch to solar power much easier. In addition, if you'd like to maximize your investment in solar energy, opting for a solar company can help with that too. Different providers can offer repairs, expertise on installation and sometimes even information on local incentives, rebates and net metering programs.
If you'd like to start using solar energy but still aren't sure which solar panel company to go with, here are our recommendations for providers near you:
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 Whitemarsh
Factors that Affect Solar Panel Costs in Whitemarsh
Even though the average cost of a solar system in Whitemarsh is $11,763, your actual cost may be higher or lower than that. There are many factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
When it comes to estimating the price of a solar system in Whitemarsh, one of the most important 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 consumption, which you can figure out by looking at past power bills. Your total cost can increase by about $2,550 for each additional kilowatt you need. The brand of solar panels and equipment you want is another factor that will significantly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment consists of 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 into a solar system that falls within your budget.
Solar Financing Terms
Most solar companies in Whitemarsh offer solar loans, which reduce your upfront costs of installing a solar system. It's a good idea to factor the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it'll take to pay off the loan.
Solar Panel Installation Company
The solar installer you choose to handle your switch to sustainable energy can play a role in your total costs. There are about 3 solar installation companies in Whitemarsh, and each can charge varying amounts for labor and equipment. Additionally, some companies in Whitemarsh know more about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $13,139 | 11.5 years |
8 kW | $2.60 | $14,566 | $17,804 | 11.2 years |
10 kW | $2.55 | $17,850 | $22,612 | 11.0 years |
12 kW | $2.50 | $20,992 | $27,562 | 10.8 years |
14 kW | $2.45 | $23,990 | $32,656 | 10.6 years |
16 kW | $2.40 | $26,846 | $37,892 | 10.4 years |
18 kW | $2.35 | $29,560 | $43,271 | 10.1 years |
20 kW | $2.29 | $32,130 | $48,793 | 9.9 years |
How to Save on Solar Panels
There are numerous companies to choose from in Whitemarsh, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Reputation: Long-running companies likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Contract: Look through the contract terms thoroughly to make sure you understand the cost breakdown, completion timeline incentives and warranties.
- Warranty: Warranties that cover replacement parts and repairs over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one mark of a quality company.
- Solar Panel Brands: Different companies will carry different brands and models of panels. If you want a specific brand, make sure the solar panel installer you're considering has it.
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 Whitemarsh, PA Solar Cost FAQs
What is the average cost of installing solar panels in Whitemarsh?
The average cost of solar panels in Whitemarsh is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the model of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Whitemarsh?
Leasing solar panels can be an appealing choice, because it often comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better way to go if you want to get the most savings.
Can solar panels significantly reduce my power bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $809.23 per year.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can keep using them at a lower efficiency.
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.