Solar Panel Cost Guide in Phoenixville, PA (2024 Update)
- Phoenixville Solar Installation Cost: $16,246
- 25-Year Savings: $14,976
- Payback Period: 15.2 Years
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Average Cost of Solar Panels in Phoenixville
We go over average solar pricing in Phoenixville.
The national average cost of solar panels is $2.66 per watt, but in Phoenixville it’s 4 per watt.To account for the typical energy usage of the average home in Phoenixville, most homeowners require a 6.5-kilowatt system. Using the figure above, a solar installation costs around $16,246, or $23,232 before the federal solar tax credit of 0 is applied.
How much you pay can be above or below the average in Phoenixville depending on several factors, such as the type of solar panels you choose and the solar company you hire.Even with the large initial cost, the average Phoenixville homeowner can save about $15,000 on their energy bills over 20 years, which is one of the perks of solar.
For a customized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Phoenixville
| Year | Return on Investment |
|---|---|
| 1 years | $-14,955 |
| 3 years | $-12,375 |
| 5 years | $-9,794 |
| 7 years | $-7,214 |
| 9 years | $-4,633 |
| 11 years | $-2,053 |
| 13 years | $528 |
| 15 years | $3,108 |
| 17 years | $5,689 |
| 19 years | $8,270 |
| 21 years | $10,850 |
| 23 years | $13,431 |
| 25 years | $16,011 |
Top Solar Installers in Phoenixville
Many homeowners decide to hire a solar installation company since installing solar panels yourself can be time-consuming. Some solar installers, especially local ones, can help you make the most of incentives in Phoenixville, optimizing your ROI.
If you’d like to make the switch to solar but still aren’t sure which solar system company to go with, here are our suggestions for providers near you:
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 Phoenixville
Factors that Affect Solar Panel Costs in Phoenixville
Although the average cost of a solar system in Phoenixville is $16,246, your actual cost may be above or below the average. There are quite a few factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more important things to consider.
Solar Equipment
The size of the solar energy system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $3,550. The brand of solar panels and equipment you want is another factor that will substantially affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Moreover, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions about 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’s in your budget.
Solar Financing Terms
Most solar installers in Phoenixville have solar loans, which reduce the initial cost of installing solar.Even though solar loans make switching to solar energy more accessible for Phoenixville homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar panel installation company you pick will affect your total cost to make the switch to solar energy. Different companies will bill different amounts for the equipment and labor.Larger national companies typically have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle 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 | $8,948 | 15.9 years |
| 8 kW | $3.62 | $20,278 | $12,329 | 15.5 years |
| 10 kW | $3.55 | $24,850 | $15,908 | 15.2 years |
| 12 kW | $3.48 | $29,224 | $19,686 | 14.9 years |
| 14 kW | $3.41 | $33,398 | $23,662 | 14.6 years |
| 16 kW | $3.34 | $37,374 | $27,838 | 14.3 years |
| 18 kW | $3.27 | $41,152 | $32,212 | 14.0 years |
| 20 kW | $3.19 | $44,730 | $36,785 | 13.7 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because choosing a company can be a tough decision, we have some tips to help you, such as:
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years in most cases provide high-quality solar panel installation and expertise.
- Warranty: If you care about the durability of your solar panels, checking if your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Contract: Before signing a contract with a solar installer, make sure to look it over fully so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
- Solar Panel Brands: Different companies will carry various brands and kinds of panels. If you want a specific brand, make sure the solar installer you’re considering has it.
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 Phoenixville, PA Solar Cost FAQs
How much does it cost to install solar panels in Phoenixville?
This is a tough question to answer precisely, because the cost depends on a few different 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. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Are solar panels free in Phoenixville?
A solar panel system isn’t free in Phoenixville, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How will having solar panels impact my property value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Phoenixville is currently $465,154, which means you can look forward to a value of about $19,071 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Phoenixville is a worthwhile investment.
How long do solar panels last in Phoenixville?
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 amount 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.