Solar Panel Cost Guide in Montgomeryville, PA (2024 Update)
- Montgomeryville Solar Installation Cost: $16,365
- 25-Year Savings: $16,635
- Payback Period: 14.4 Years
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Average Cost of Solar Panels in Montgomeryville
Find out what the average cost of a solar system is in Montgomeryville.
Although the national average of solar panels is $2.66 per watt, solar panels in Montgomeryville generally cost about 4.To cover the typical energy usage of the average home in Montgomeryville, most homeowners require a 6.6-kilowatt system. Using the per-watt figure above, a solar installation costs about $16,365, or $23,402 before the federal solar tax credit of 0 is applied.
These figures are only estimates, and how much solar costs for you will differ based on your energy needs and what company you go with.With typical savings of about $16,000 on utility bills over 20 years, many homeowners in Montgomeryville find investing in solar has a decent ROI.
To see your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Montgomeryville
| Year | Return on Investment |
|---|---|
| 1 years | $-15,047 |
| 3 years | $-12,411 |
| 5 years | $-9,775 |
| 7 years | $-7,139 |
| 9 years | $-4,503 |
| 11 years | $-1,867 |
| 13 years | $769 |
| 15 years | $3,404 |
| 17 years | $6,040 |
| 19 years | $8,676 |
| 21 years | $11,312 |
| 23 years | $13,948 |
| 25 years | $16,584 |
Top Solar Installers in Montgomeryville
Although it's possible to install solar panels yourself, it requires extra time and handiness. Because of that, most people choose to hire a solar panel installer. Solar warranties and repairs are usually included in the cost of installation when you go with a solar company as well, which can save you more money over time.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Montgomeryville
Factors that Affect Solar Panel Costs in Montgomeryville
The cost of installing a solar system in Montgomeryville can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to spend around $3,550 per kilowatt in Montgomeryville.There are a lot of different solar panel brands and the one you choose also affects the cost. In many cases, the brands that offer higher efficiency tend to also cost more. Plus, the type of equipment you’re looking to get can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That’s why many Montgomeryville homeowners decide to finance their solar panel systems to offset upfront costs.It’s a good idea to factor the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Montgomeryville is the company you choose to install your solar system. As with choosing a company to build a deck or pool, for instance, you’ll have many options for solar installers that provide a range of services at different price points.Additionally, some companies in Montgomeryville have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save 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 | $3.69 | $15,506 | $10,360 | 15.0 years |
| 8 kW | $3.62 | $20,278 | $14,210 | 14.7 years |
| 10 kW | $3.55 | $24,850 | $18,260 | 14.4 years |
| 12 kW | $3.48 | $29,224 | $22,508 | 14.1 years |
| 14 kW | $3.41 | $33,398 | $26,955 | 13.8 years |
| 16 kW | $3.34 | $37,374 | $31,601 | 13.5 years |
| 18 kW | $3.27 | $41,152 | $36,446 | 13.3 years |
| 20 kW | $3.19 | $44,730 | $41,490 | 13.0 years |
How to Save on Solar Panels
The solar panel company you choose will be a major factor in determining not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should consider, such as:
- Installation Process: When going solar, it’s essential to maintain an open line of communication with your solar installer. Confirm that you understand how the installation process will go and the project completion timeline.
- Warranty: Many companies offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- 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 EcoWatch.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. While there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so make sure you ask for their list of options before making your decision.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Montgomeryville, PA Solar Cost FAQs
How much does it cost to install solar panels in Montgomeryville?
The average cost of solar panels in Montgomeryville is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider in addition to cost when buying solar panels?
The initial cost is a crucial factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Montgomeryville?
Most states have net metering programs of some kind. Through these, you can be compensated for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.