Solar Panel Cost Guide in Castle Shannon, PA (Dec 2022)

  • Castle Shannon Solar Installation Cost: $12,441
  • 25-Year Savings: $12,938
  • Payback Period: 12.3 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Castle Shannon

We go over average solar pricing in Castle Shannon.

In Castle Shannon, solar panels cost about $3 per watt on average. The average Castle Shannon homeowner needs a 7.0-kilowatt system, which would cost about $12,441, or $9,206 after the federal solar tax credit of 30% is applied.

Bear in mind that the figures above are only estimates based on the average Castle Shannon homeowner. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. For most homeowners, the upfront investment in solar is worth paying. On average homeowners in Castle Shannon see about $14,000 in savings on energy bills over 20 years.

Click the button below to get connected to a vetted solar panel company in your area for a customized quote.

Solar savings over time in Castle Shannon

Year Return on Investment
1 years $-11,426
3 years $-9,396
5 years $-7,366
7 years $-5,335
9 years $-3,305
11 years $-1,275
13 years $756
15 years $2,786
17 years $4,816
19 years $6,847
21 years $8,877
23 years $10,907
25 years $12,938

Top Solar Installers in Castle Shannon

Although it's possible to install solar panels on your own, it takes extra labor and expertise. That's why almost all homeowners choose to hire a solar panel installer. Because solar panels are exposed to temperature swings and extreme weather, warranties and repairs from your solar installer can help you get the most out of your investment in solar panels by avoiding potential costs down the line.

There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

See all of the solar companies in Castle Shannon

Factors that Affect Solar Panel Costs in Castle Shannon

Cost is typically one of the most important factors for homeowners who want to invest in solar. There are a few key factors that affect your total cost in Castle Shannon: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.

Solar Equipment

The cost of solar panels varies by thousands of dollars due to a few different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,550. There are several different solar panel brands and the one you choose also affects the cost. In many cases, the brands that are more efficient tend to also cost more. In addition, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are provided by most installers in Castle Shannon, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible. While solar loans make going solar more accessible for Castle Shannon homeowners, they can also raise 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 cut back on how much interest you have to pay.

Solar Panel Installation Company

The final major cost factor you should keep in mind is the installer you choose. Given the growing popularity of clean energy solutions in Castle Shannon, you'll have many options to choose from, but each comes at varying price points for labor and equipment. You may see national solar installers that have lower prices because of their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.

Solar Panel Cost Data by System Size

System size Cost per system watt Solar system cost 25-Year savings Payback period
6 kW $2.65 $11,138 $10,709 12.7 years
8 kW $2.60 $14,566 $14,564 12.5 years
10 kW $2.55 $17,850 $18,562 12.3 years
12 kW $2.50 $20,992 $22,702 12.0 years
14 kW $2.45 $23,990 $26,986 11.8 years
16 kW $2.40 $26,846 $31,412 11.5 years
18 kW $2.35 $29,560 $35,981 11.3 years
20 kW $2.29 $32,130 $40,693 11.0 years

How to Save on Solar Panels

The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be a challenge, we have some tips to help you, such as:

  • Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should acquire and how long the project will take.
  • Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
  • Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like the EcoWatch team.
  • Contract: Though reading through a contract can take a lot of time, it's important to do it fully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

EcoWatch's Castle Shannon, PA Solar Cost FAQs

How much does it cost to install solar panels in Castle Shannon?

The average cost of solar panels in Castle Shannon is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the real cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you use.

Should I lease or buy solar panels in Castle Shannon?

Leasing solar panels can be an attractive 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 incentives and your home value won't increase. Buying solar panels is a better way to go if you want to maximize your savings.

Do solar panels increase your property value?

Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Castle Shannon is currently $133,700, so you can look forward to a value of about $5,482 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Castle Shannon is a fruitful investment.

How many solar panels should I get to power my home?

To figure out how many solar panels you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.

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.

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