Solar Panel Cost Guide in Canton, PA (2024 Update)
- Canton Solar Installation Cost: $17,152
- 25-Year Savings: $8,723
- Payback Period: 20.4 Years
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Average Cost of Solar Panels in Canton
Let’s take a look at the average cost of solar in Canton.
In Canton, solar panels cost about 4 per watt on average.The average Canton homeowner needs a 6.9-kilowatt system, which would cost about $17,152 with the federal tax credit, or $24,527 before the 0 tax credit is applied.
How much you pay can be above or below the average in Canton based on a variety of factors, such as the type of solar panels you choose and the solar contractor you hire.For many homeowners, the upfront investment in solar power is worth paying. On average homeowners in Canton see about $12,000 in savings on utility bills over 20 years.
Click the button below to get connected to a vetted solar installer in your area for a custom quote.
Solar savings over time in Canton
Year | Return on Investment |
---|---|
1 years | $-16,069 |
3 years | $-13,904 |
5 years | $-11,738 |
7 years | $-9,572 |
9 years | $-7,406 |
11 years | $-5,240 |
13 years | $-3,075 |
15 years | $-909 |
17 years | $1,257 |
19 years | $3,423 |
21 years | $5,589 |
23 years | $7,754 |
25 years | $9,920 |
Top Solar Installers in Canton
DIY solar panel installation is a way to cut costs, but it's an undertaking that can use up a lot of your time and energy. Taking advantage of an installer can make your switch to solar power much easier. A solar company can also help save you money over time by offering warranties, repairs and part replacements.
If you’d like to switch to solar energy but still aren’t certain which solar company to go with, here are our suggestions for providers in Canton:
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Canton
Factors that Affect Solar Panel Costs in Canton
There are a number of factors that can influence your 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
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to spend about $3,550 per kilowatt in Canton.The type of solar panels and equipment you want is another factor that will largely influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. 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 for a solar system that falls within your budget.
Solar Financing Terms
Most solar companies in Canton have solar loans, which reduce your upfront costs of installing solar panels.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
Finally, the company you hire to install your solar panel system can play a part in determining the cost. Canton’s solar companies all have different labor costs and add varying upcharges to equipment. Some companies 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 choose a company that provides the products, warranties and services you want and also fit into 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 | $2,786 | 21.2 years |
8 kW | $3.62 | $20,278 | $4,112 | 20.8 years |
10 kW | $3.55 | $24,850 | $5,638 | 20.4 years |
12 kW | $3.48 | $29,224 | $7,362 | 20.0 years |
14 kW | $3.41 | $33,398 | $9,284 | 19.6 years |
16 kW | $3.34 | $37,374 | $11,406 | 19.2 years |
18 kW | $3.27 | $41,152 | $13,726 | 18.7 years |
20 kW | $3.19 | $44,730 | $16,245 | 18.3 years |
How to Save on Solar Panels
There are a lot of companies available in Canton, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
- Solar Panel Brands: Not all solar installers 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 choose.
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Look through the contract terms closely to make sure you understand the cost breakdown, project completion timeline rebates and warranties.
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Canton, PA Solar Cost FAQs
What is the average cost of installing solar panels in Canton?
This is a difficult question to answer exactly, because the cost depends on many 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 more efficient panels, or if you have above-average energy needs. On the flip side, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
What other factors should I consider other than cost when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on electricity bills after switching to solar?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Canton, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Canton?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level 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.