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Solar Panel Cost in Philadelphia, Pennsylvania
Local pricing, savings, and net metering data for Philadelphia homeowners.
$1,460
Annual Savings
9.3 yrs
Payback Period
$13,591
Net Cost
$36,279
25-Year Savings
Cost & Savings Breakdown
Based on $150/month electric bill in Philadelphia
System Size
6.7 kW
Annual Production
8,639 kWh
Gross System Cost
$20,845
Federal Tax Credit (30%)
-$6,253
State Incentive
-$1,000
Net Cost
$13,591
Monthly Savings
$122
CO₂ Offset/yr
7,948 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityPECO
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity Limit110% of annual consumption
Electricity Rate$0.169/kWh
Peak Sun Hours4.4 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$1,000
Pennsylvania State Incentive — Pennsylvania offers a Solar Renewable Energy Credit (SREC) program.
Common Questions
How much does solar cost in Philadelphia?
Solar in Philadelphia, Pennsylvania costs approximately $20,845 for a 6.7 kW system. After the 30% federal tax credit, your net cost is about $13,591.
What is the solar payback period in Philadelphia?
The estimated payback period for solar in Philadelphia is 9.3 years, based on a $150/month electric bill and local sun hours of 4.4 hrs/day.
Does PECO offer net metering?
PECO offers Full Retail net metering. Full retail rate.