Solar Panel Cost Guide in Shamokin, PA (2023 Update)
- Shamokin Solar Installation Cost: $12,301
- 25-Year Savings: $12,010
- Payback Period: 12.7 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Shamokin
See how much it might cost to install solar panels in Shamokin.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Shamokin, the average cost of solar panels is 2.55 per watt. To account for the typical energy usage of the average home in Shamokin, most homeowners require a 6.9-kilowatt system. Using the figure above, a solar installation costs around $12,299, or $17,588 before the federal solar tax credit of 30% is applied.
Keep in mind that the numbers above are only averages. The price you'll pay for solar may vary based on your household energy needs, the type of solar system you choose, your solar contractor and more. Many homeowners find adopting solar power is a sound investment. The average homeowner in Shamokin can save around $13,000 on their power bills over 20 years.
To see your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Shamokin
| Year | Return on Investment |
|---|---|
| 1 years | $-12,220 |
| 3 years | $-12,058 |
| 5 years | $-11,896 |
| 7 years | $-11,734 |
| 9 years | $-11,572 |
| 11 years | $-11,410 |
| 13 years | $-11,248 |
| 15 years | $-11,086 |
| 17 years | $-10,923 |
| 19 years | $-10,761 |
| 21 years | $-10,599 |
| 23 years | $-10,437 |
| 25 years | $-10,275 |
Top Solar Installers in Shamokin
Many homeowners opt for a solar panel company since trying to put up solar panels by yourself can be challenging. The payback period of solar panels will vary based on factors like your roof configuration and energy usage, but going with a solar installer can shorten it. Your provider will be able to help you apply for incentives available in your area.
If you'd like to go solar but still aren't sure which solar panel company to go with, here are our suggestions for providers near you:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Shamokin
Factors that Affect Solar Panel Costs in Shamokin
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few major factors that determine your overall cost in Shamokin: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss 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 most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power generation need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,550. Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Shamokin, where sunlight isn't as abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don't have a lot of 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
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That's why many Shamokin homeowners opt to finance their solar panel systems to make paying for solar more affordable. However, the interest on solar loans also increases your all-in costs, so it's vital to include that in your estimate as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Shamokin is the company you hire to install your solar panel system. Similar to choosing a company to build a deck or pool, for instance, there are plenty of solar installers that provide a range of services at different costs. Companies that 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 find a company that provides the products, warranties and services you're looking for 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 | $2.65 | $11,138 | $10,028 | 13.2 years |
| 8 kW | $2.60 | $14,566 | $13,656 | 12.9 years |
| 10 kW | $2.55 | $17,850 | $17,427 | 12.7 years |
| 12 kW | $2.50 | $20,992 | $21,340 | 12.4 years |
| 14 kW | $2.45 | $23,990 | $25,397 | 12.1 years |
| 16 kW | $2.40 | $26,846 | $29,596 | 11.9 years |
| 18 kW | $2.35 | $29,560 | $33,938 | 11.6 years |
| 20 kW | $2.29 | $32,130 | $38,423 | 11.4 years |
How to Save on Solar Panels
The solar installer you choose will affect not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, including:
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you opt for.
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: When reading through your solar installer's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios like a system component breaking or the company going out of business.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to do the job well. Another way you can look into your installer's reputation is by reading reviews.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Shamokin, PA Solar Cost FAQs
What is the average cost of installing solar panels in Shamokin?
The average cost of solar panels in Shamokin 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 things like the model of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider aside from cost when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels eliminate my electricity bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Shamokin, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically 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.