Is Solar Worth It in Philadelphia, PA?
A data-driven analysis based on Philadelphia's electricity rates, sun exposure, and available incentives.
Yes, Solar Is Worth It in Philadelphia
With a 7.6-year payback and 360% ROI, solar is an excellent investment in Philadelphia.
7.6 years
Payback Period
$51,666
25-Year Savings
360%
Return on Investment
$14,364
Net System Cost
$158
Monthly Savings
$1,896
Annual Savings
7.2 kW
System Size
$821
Home Value Boost
Why Solar Works in Philadelphia
- +High electricity rates (18.5¢/kWh) mean bigger savings
- +Full net metering — get retail credit for excess energy
- +SRECs available — earn additional income from solar production
- +Estimated $821 increase in home value
- +30% federal tax credit reduces upfront cost significantly
- +Protection against future electricity rate increases (avg 3%/year)
Considerations
No significant drawbacks for solar in Philadelphia.
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