Solar Panel Cost Guide in Shaler, PA (Jan 2023)
- Shaler Solar Installation Cost: $12,441
- 25-Year Savings: $15,679
- Payback Period: 11.1 Years
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Top Solar Installers in Shaler
When making the switch to solar, many homeowners prefer to go with a solar installation company since handling can be a challenging project. The expertise that solar companies provide can be useful as well, especially if you don't quite know what brand of solar equipment you need.
If you're searching for a solar company in Shaler, the EcoWatch team has organized a list of our top suggestions here:
See all of the solar companies in Shaler
Factors that Affect Solar Panel Costs in Shaler
Cost is usually one of the most important factors for homeowners who are considering investing in solar. There are a few primary factors that determine your overall cost in Shaler: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
One of the most important 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 power your household consumes, the larger your system will likely need to be. You can expect to spend around $2,550 per kilowatt in Shaler. The kind of solar panels and equipment you want is another factor that will substantially influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more expensive. Furthermore, solar equipment consists of more than just the solar panels themselves. You'll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when searching for a solar system that's in your budget.
Solar Financing Terms
If paying for a solar system in cash is too expensive, solar loans are an affordable route because they lower your upfront costs and let you pay for your system over five to seven years on average. You'll have to consider the long-term cost of financing options, including the amount of interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panel system can affect your pricing. Shaler's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies typically have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.
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||$13,069||11.5 years|
|8 kW||$2.60||$14,566||$17,710||11.3 years|
|10 kW||$2.55||$17,850||$22,495||11.1 years|
|12 kW||$2.50||$20,992||$27,422||10.8 years|
|14 kW||$2.45||$23,990||$32,493||10.6 years|
|16 kW||$2.40||$26,846||$37,706||10.4 years|
|18 kW||$2.35||$29,560||$43,061||10.2 years|
|20 kW||$2.29||$32,130||$48,560||10.0 years|
How to Save on Solar Panels
There are numerous companies available in Shaler, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Contract: When looking through your solar installer's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like EcoWatch.
- Solar Panel Brands: The type of solar panel you need to install plays a part in which installer you should choose, since different companies provide different panels.
- Installation Process: When making the switch to solar power, it's essential to maintain an open line of communication with your solar panel company. Confirm that you understand how the installation process works and the project completion timeline.
EcoWatch's Shaler, PA Solar Cost FAQs
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.