Solar Panel Cost Guide in Marshall, PA (2024 Update)
- Marshall Solar Installation Cost: $17,320
- 25-Year Savings: $13,292
- Payback Period: 16.8 Years
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Average Cost of Solar Panels in Marshall
We go over average solar pricing in Marshall.
While the national average of solar panels is $2.66 per watt, solar panels in Marshall typically cost about 4.The average Marshall homeowner needs a 7.0-kilowatt system, which would cost about $17,320 with the federal tax credit, or $24,768 before the 0 tax credit is applied.
These figures are only estimates, and how much solar costs for you will most likely look different based on your specific situation and what company you go with.For many homeowners, the upfront cost of solar panels is worth paying. On average Marshall homeowners see about $14,000 in savings on energy bills over 20 years.
For a free quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Marshall
| Year | Return on Investment |
|---|---|
| 1 years | $-15,922 |
| 3 years | $-13,125 |
| 5 years | $-10,329 |
| 7 years | $-7,532 |
| 9 years | $-4,736 |
| 11 years | $-1,939 |
| 13 years | $858 |
| 15 years | $3,654 |
| 17 years | $6,451 |
| 19 years | $9,248 |
| 21 years | $12,044 |
| 23 years | $14,841 |
| 25 years | $17,637 |
Top Solar Installers in Marshall
Many homeowners opt for a solar installer since trying to install solar panels by yourself can be a labor-intensive endeavor. Companies can also have access to various kinds of the best solar panels and help you decide which one will be best for you.
If you’d like to make the switch to solar but still aren’t sure which solar system company to go with, here are our recommendations for providers nearby:
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 Marshall
Factors that Affect Solar Panel Costs in Marshall
For many Marshall homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Marshall, with typical prices between $20,000 to $40,000. There are a number of factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar energy system in Marshall, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy usage, which you can determine by looking at past energy bills. Your overall cost can increase by around $3,550 for each additional kilowatt you need.Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Marshall, where sunlight isn’t as abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in Marshall provide solar loans, which reduce your upfront costs of installing a solar system.It’s wise to include the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
The solar installer you select will impact your total cost to make the switch to solar . Different companies will charge different amounts for the equipment and labor.The size of the company can sometimes play the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger names.
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 | $6,646 | 17.5 years |
| 8 kW | $3.62 | $20,278 | $9,259 | 17.2 years |
| 10 kW | $3.55 | $24,850 | $12,070 | 16.8 years |
| 12 kW | $3.48 | $29,224 | $15,081 | 16.5 years |
| 14 kW | $3.41 | $33,398 | $18,290 | 16.2 years |
| 16 kW | $3.34 | $37,374 | $21,698 | 15.8 years |
| 18 kW | $3.27 | $41,152 | $25,305 | 15.5 years |
| 20 kW | $3.19 | $44,730 | $29,111 | 15.1 years |
How to Save on Solar Panels
The solar installer you opt for will impact not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should take into account, including:
- Contract: Though reading through a contract can take a lot of time, it’s important to do it fully so you can make sure you understand what services your solar company will provide and the terms of the warranty.
- Solar Panel Brands: The model of solar panel you’d like to get plays a part in which company you should choose, since different companies have access to different panels.
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years most likely offer high-quality solar panel installation and expertise.
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 Marshall, PA Solar Cost FAQs
What is the average cost of installing solar panels in Marshall?
This is a tough question to answer precisely, because the cost depends on a few different 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 higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Is it better to lease or buy solar panels in Marshall?
Leasing solar panels can be an option if you can’t pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
Can solar panels eliminate my power bills?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $738.41 per year.
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 requires 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 house 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.