Solar Panel Cost Guide in Morrisville, PA (2024 Update)

  • Morrisville Solar Installation Cost: $16,360
  • 25-Year Savings: $14,894
  • Payback Period: 15.3 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

Why you can trust EcoWatch

We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Morrisville

Find out what the average cost of solar panels are in Morrisville.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Morrisville, the typical cost of solar panels is 4 per watt.Using this figure, a typical 6.6-kW system would cost about $16,360 before the 0 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 true cost of installing solar panels can vary based on multiple factors, such as what size system you need, your energy usage and what solar installer you go with.For many homeowners, the upfront investment in solar power is worth paying. On average you could be looking at about $15,000 in savings on electricity bills over 20 years.

To get a free quote from a top solar company in Morrisville, you can click the button below.

Solar savings over time in Morrisville

Year Return on Investment
1 years $-15,070
3 years $-12,489
5 years $-9,908
7 years $-7,328
9 years $-4,747
11 years $-2,167
13 years $414
15 years $2,994
17 years $5,575
19 years $8,155
21 years $10,736
23 years $13,317
25 years $15,897

Top Solar Installers in Morrisville

Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can use up a lot of your time and energy. Using a solar company can make converting to solar power much easier. Plus, if you’d like to maximize your investment in solar power, opting for a solar installer can help with that as well. Different providers can offer warranties, expertise on installation and sometimes even information on local incentives.

There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best for Leasing

Sunrun

★★★★★
4.0

  • 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 Morrisville

Factors that Affect Solar Panel Costs in Morrisville

The cost of installing a solar system in Morrisville can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is the size of the system you need, and other factors include equipment choices, financing options and the solar installer you choose.

Solar Equipment

When it comes to estimating the price of solar panels in Morrisville, 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 usage, which you can determine by looking at past power bills. Your overall cost can increase by around $3,550 for each additional kilowatt you need.There are a lot of different solar panel brands and the one you choose also affects the cost. In general, the brands that offer higher efficiency tend to also cost more. Plus, the type of equipment you’re looking to install 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

Many homeowners find the average cost of solar in Morrisville to be too expensive, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also result in higher prices over time because of interest.However, the interest on solar loans also increases your total costs, so it’s important to keep that in mind as well. You can always reduce the total you pay in interest and possibly even your APR by making a larger down payment.

Solar Panel Installation Company

The remaining major cost factor you should keep in mind is the installer you choose. Given the booming popularity of clean energy solutions in Morrisville, you’ll have many options to choose from, but each comes at different price points for labor and equipment.Larger national companies usually have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric car charger installation, they might be cheaper overall.

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 $8,778 16.0 years
8 kW $3.62 $20,278 $12,101 15.7 years
10 kW $3.55 $24,850 $15,623 15.3 years
12 kW $3.48 $29,224 $19,344 15.0 years
14 kW $3.41 $33,398 $23,264 14.7 years
16 kW $3.34 $37,374 $27,383 14.4 years
18 kW $3.27 $41,152 $31,701 14.1 years
20 kW $3.19 $44,730 $36,217 13.8 years

How to Save on Solar Panels

Since the kind of solar panels and the installation company you choose significantly impacts your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:

  • Warranty: Warranties that provide coverage for replacement parts and repairs over a long period of time such as 25 years are the gold standard in the business, and offering that kind of warranty is one indication of a good company.
  • Solar Panel Brands: The model of solar panel you want to install plays a part in which installer you should choose, since different companies provide different panels.
  • Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be done and how long it will take.
  • Contract: It’s important to look over your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

EcoWatch's Morrisville, PA Solar Cost FAQs

What is the average cost of installing solar panels in Morrisville?

This is a difficult question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $17,750 for a 5-kW system and $35,500 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you go with a smaller solar panel system or less efficient solar panels.

Are solar panels free in Morrisville?

Solar panels aren’t free in Morrisville, 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 further reduce the cost.

How will installing solar panels impact how much my home is worth?

Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Morrisville is currently $499,375, which means you can expect a value of about $20,474 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Morrisville is a rewarding investment.

How many solar panels do I need to power my home?

To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally 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.

Follow us