Solar Panel Cost Guide in Warminster Heights, PA (2024 Update)
- Warminster Heights Solar Installation Cost: $16,360
- 25-Year Savings: $14,894
- Payback Period: 15.3 Years
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Average Cost of Solar Panels in Warminster Heights
Let’s have a look at the average cost of solar in Warminster Heights.
In Warminster Heights, solar panels cost about 4 per watt on average.The average Warminster Heights homeowner needs a 6.6-kilowatt system, which would cost about $16,360 with the federal tax credit, or $23,395 before the 0 tax credit is applied.
These figures are just estimates, and how much solar costs for you will look different based on your energy needs and what company you want to go with.With average savings of about $15,000 on power bills over 20 years, many homeowners in Warminster Heights find investing in solar can pay off big.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Warminster Heights
| 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 Warminster Heights
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can use up a lot of your time and energy. Taking advantage of a solar company can make your switch to solar power much easier. Another great thing about using a reliable solar installer is that it'll usually provide warranties and free repairs, which help protect your investment.
If you're on the hunt for a solar installer in Warminster Heights, the EcoWatch team has organized 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 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 Warminster Heights
Factors that Affect Solar Panel Costs in Warminster Heights
There are several criteria that can affect your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
When it comes to estimating the price of a solar system in Warminster Heights, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy consumption, which you can figure out by looking at past power bills. Your total cost can increase by around $3,550 for each additional kilowatt you need.There are several different solar panel brands and the one you pick also changes the cost. Usually, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you’re looking to install can affect your total cost. If you only 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 power bills over time, but they can also be a big investment. That’s why many Warminster Heights homeowners choose to finance their solar panel systems to make going solar more affordable.Even though solar loans make switching to solar energy more accessible for Warminster Heights homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The final significant cost factor you should keep in mind is the installer you choose. Given the booming popularity of green energy solutions in Warminster Heights, you’ll have lots of options to choose from, but each comes at different price points for labor and equipment.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and find a company that offers the products, warranties and services you want and also is within your budget.
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
The solar installer you go with will affect not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should take into account, including:
- Warranty: If you care about the endurance of your solar energy system, ensuring your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Contract: It’s important to look over your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you opt for.
- Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
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 Warminster Heights, PA Solar Cost FAQs
How much does it cost to install solar panels in Warminster Heights?
The average cost of solar panels in Warminster Heights is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like 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 Warminster Heights?
Leasing solar panels can be an appealing choice, as it typically comes with low or $0 upfront payments. The drawback 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 option if you want to get the most savings.
How will having solar panels impact the value of my home?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Warminster Heights is currently $508,074, so you can expect a value of about $20,831 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Warminster Heights is a worthwhile investment.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can choose 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.