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.Because a 6.9-kW system is needed to cover the energy consumption 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.
Keep in mind that the figures above are only estimates based on the average Shamokin homeowner. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.Many homeowners find installing a solar system is a rewarding investment. The average homeowner in Shamokin can save around $13,000 on their power bills over 20 years.
To see your potential savings and connect with a local solar expert, 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
Installing solar panels on your own can be a difficult task, which is why getting a solar installation company is a good option for many homeowners. Solar installers offer key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
Working with a licensed solar installer can help you make the most of your investment in solar. Here are our recommendations:
Best National Provider
SunPower
- 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
- 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
See all of the solar companies in Shamokin
Factors that Affect Solar Panel Costs in Shamokin
There are a number of criteria that can affect your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
When it comes to estimating the price of solar panels in Shamokin, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy consumption, which you can figure out by looking at past electricity bills. Your overall cost can increase by about $3,550 for each additional kilowatt you need.The model of solar panels and equipment you get is another factor that will significantly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Further, solar equipment goes beyond just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that’s in your budget.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are offered by most installers in Shamokin, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible.When estimating your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The last significant cost factor you should take into consideration is the installer you choose. Given the growing popularity of sustainable energy solutions in Shamokin, you’ll have a great number of options to choose from, but each comes at different price points for labor and equipment.Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and find a company that has the products, warranties and services you want and also fits within 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 | $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
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since choosing a company can be difficult, we have some tips to help you, such as:
- Contract: It’s important to read through your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about your solar system’s energy production.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. Even though there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you peruse their list of options before deciding.
- Warranty: Warranties that provide coverage for replacement parts and repairs over around 25 years are the gold standard in the business, and offering that kind of warranty is one indication of a good company.
- Reputation: Long-running companies likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
Best National Provider
SunPower
- 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
- 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
EcoWatch's Shamokin, PA Solar Cost FAQs
How much does it cost to install 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 such as the model of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration 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.
How will solar panels impact my property value?
Solar panels 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, so 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 worthwhile investment.
How long do solar panels last in Shamokin?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level 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.