Solar Panel Cost Guide in Shamokin, PA (2024 Update)
- Shamokin Solar Installation Cost: $17,125
- 25-Year Savings: $12,010
- Payback Period: 17.6 Years
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Average Cost of Solar Panels in Shamokin
We go over average solar pricing in Shamokin.
In Shamokin, solar panels cost about 4 per watt on average.Since a 6.9-kW system is needed to cover the energy usage of a typical home in Shamokin, the average price of going solar will be about $17,125 after claiming the federal solar tax credit of 0.
Bear in mind that the figures above are only estimates based on the average energy use of Shamokin homeowners. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.With average savings of about $13,000 on power bills over 20 years, many homeowners in Shamokin find investing in solar can pay off big.
For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Shamokin
Year | Return on Investment |
---|---|
1 years | $-15,780 |
3 years | $-13,088 |
5 years | $-10,397 |
7 years | $-7,706 |
9 years | $-5,015 |
11 years | $-2,324 |
13 years | $368 |
15 years | $3,059 |
17 years | $5,750 |
19 years | $8,441 |
21 years | $11,132 |
23 years | $13,823 |
25 years | $16,515 |
Top Solar Installers in Shamokin
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a pain. Taking advantage of a solar panel installer can make swapping over to solar power much easier. Plus, warranties and repairs from your solar panel installer can protect your investment and reduce the cost of maintenance in the long run.
If you’d like to make the switch to solar but still aren’t certain which solar system installer to go with, here are our suggestions 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 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 primary factors that will push your cost above or below the average in Shamokin: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. For that reason, it’s important to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Shamokin, where sunlight isn’t as abundant, efficiency can quickly pay off. Also, 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
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are available from most installers in Shamokin, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more affordable.However, the interest on solar loans also adds to your overall costs, so it’s vital to include that in your estimate as well. You can always lower the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
A final factor to keep in mind when trying to evaluate the cost of solar for your home or business in Shamokin is the company you choose to install your solar panel system. As with choosing a company to install new cabinets, for example, you’ll have many options for solar installers that offer a range of services at different costs.Additionally, some companies in Shamokin are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $5,660 | 18.3 years |
8 kW | $3.62 | $20,278 | $7,944 | 18.0 years |
10 kW | $3.55 | $24,850 | $10,427 | 17.6 years |
12 kW | $3.48 | $29,224 | $13,108 | 17.3 years |
14 kW | $3.41 | $33,398 | $15,989 | 16.9 years |
16 kW | $3.34 | $37,374 | $19,068 | 16.6 years |
18 kW | $3.27 | $41,152 | $22,346 | 16.2 years |
20 kW | $3.19 | $44,730 | $25,823 | 15.8 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Contract: Even though reading through a contract can be tedious, it’s important to do it thoroughly so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- Solar Panel Brands: The kind of solar panel you’d like plays a role in which company you should go with, since different companies provide different panels.
- Warranty: Warranties that cover defective panels and repairs over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one indication of a good company.
- 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 most likely has a good reputation and is qualified to do the job well. Another way you can research 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
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 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 $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the actual cost will depend on things like the type of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to consider when buying solar panels?
The upfront cost is a key factor to consider, but whether it’s the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Do solar panels increase the value of your home?
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 Shamokin is currently $109,167, which means you could be looking at a value of about $4,476 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Shamokin is a fruitful investment.
How often do you have to replace solar panels?
On average, solar panels can last 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 amount 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.