Solar Savings Calculator for Philadelphia, PA
Homeowners in Philadelphia pay an average of $158/month for electricity through PECO Energy. With 4.1 peak sun hours per day, solar panels can significantly reduce your energy costs.
$158
Avg Monthly Bill
18.5¢/kWh
Electricity Rate
4.1h/day
Peak Sun Hours
$51,666
Est. 25-Year Savings
Calculate Your Savings in Philadelphia
Adjust Your Details for Philadelphia, PA
$
$50$1,000
50010,000
5¢50¢
Your Estimated Solar Savings
System Size
7.2 kW
Panel Count
18 panels
Total System Cost
$20,520
Federal Tax Credit (30%)
-$6,156
Net Cost
$14,364
Annual Savings
$1,896
Payback Period
7.6 years
25-Year Savings
$51,666
Return on Investment
360%
* Estimates based on 4.1 peak sun hours/day in Philadelphia, PA, system cost of $2.85/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.
Local Solar Details for Philadelphia
Utility & Permits
- Utility Company
- PECO Energy
- Permit Cost
- $500
- Permit Timeline
- 4-8 weeks
- Net Metering
- full
System Estimates
- Recommended Size
- 7.2 kW
- Panel Count
- 18 panels
- Gross Cost
- $20,520
- Net Cost (after credits)
- $14,364
Available Incentives for Philadelphia, PA
Federal Solar Investment Tax Credit (ITC)
Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.
Pennsylvania SREC Program
SRECs earned for solar electricity generation, tradeable on the market.
Other Cities in Pennsylvania
More Solar Tools for Philadelphia
Philadelphia Solar IncentivesAll available tax credits and rebatesPhiladelphia Cost ComparisonSolar vs. grid costs over 25 yearsPhiladelphia System SizingHow many panels your home needsPhiladelphia Permits & RegulationsLocal permit requirementsIs Solar Worth It in Philadelphia?Data-driven analysis for your cityPhiladelphia Financing OptionsCompare loans, leases, and PPAs
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