Solar Panel Cost Guide in Sharon, PA (2023 Update)
- Sharon Solar Installation Cost: $12,573
- 25-Year Savings: $11,671
- Payback Period: 13.0 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Sharon
We go over average solar pricing in Sharon.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Sharon, the average cost of a solar system is 2.55 per watt. To cover the typical energy needs of the average home in Sharon, most homeowners require a 7.0-kilowatt system. Using the per-watt figure above, a solar installation costs around $12,566, or $17,969 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 look quite different based on your household energy consumption, the type of solar system you want, your solar contractor and more. For most homeowners, the upfront investment in solar power is worth paying. On average Sharon homeowners see about $13,000 in savings on utility bills over 20 years.
To see your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Sharon
| Year | Return on Investment |
|---|---|
| 1 years | $-11,270 |
| 3 years | $-8,664 |
| 5 years | $-6,058 |
| 7 years | $-3,453 |
| 9 years | $-847 |
| 11 years | $1,759 |
| 13 years | $4,365 |
| 15 years | $6,970 |
| 17 years | $9,576 |
| 19 years | $12,182 |
| 21 years | $14,788 |
| 23 years | $17,393 |
| 25 years | $19,999 |
Top Solar Installers in Sharon
Many homeowners opt for a solar panel company since trying to install solar panels by yourself can be a lot of work. The expertise that solar companies offer can be helpful as well, especially if you aren't sure what kind of solar equipment would be right for your home.
Working with a vetted solar installer can make going solar easier. Here are our recommendations:
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 Sharon
Factors that Affect Solar Panel Costs in Sharon
While the average cost of a solar system in Sharon is $12,566, your final cost may be higher or lower than that. There are quite a few factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
When it comes to estimating the price of solar panels in Sharon, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy usage, which you can gauge by looking at past electricity bills. Your total cost can increase by around $2,550 for each additional kilowatt you need. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your electric bills. Additionally, extra products, like solar batteries, can bump up your total well above the Sharon average.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a big investment. That's why many Sharon homeowners opt to finance their solar panel systems to offset upfront costs. Though solar loans make adopting solar energy more accessible for Sharon homeowners, they can also add to the total you pay for your system due to interest. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar company you pick will impact your total cost to make the switch to solar power. Different companies will bill different amounts for the equipment and labor. Some companies 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 decide on the 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 | $2.65 | $11,138 | $9,513 | 13.5 years |
| 8 kW | $2.60 | $14,566 | $12,969 | 13.2 years |
| 10 kW | $2.55 | $17,850 | $16,569 | 13.0 years |
| 12 kW | $2.50 | $20,992 | $20,311 | 12.7 years |
| 14 kW | $2.45 | $23,990 | $24,196 | 12.4 years |
| 16 kW | $2.40 | $26,846 | $28,224 | 12.2 years |
| 18 kW | $2.35 | $29,560 | $32,394 | 11.9 years |
| 20 kW | $2.29 | $32,130 | $36,708 | 11.7 years |
How to Save on Solar Panels
The solar company you choose will influence not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should consider, such as:
- Solar Panel Brands: Different companies have different brands and kinds of panels. If you want a specific brand, make sure the solar installer you're considering has it.
- Contract: Before you sign a contract with a solar company, be sure to look it over carefully so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
- Installation Process: Make sure you're aligned with the company with regard to how the installation process will go and what needs to be done before your solar panels are installed, such as updating your electrical system or roof.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected 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 verify 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 Sharon, PA Solar Cost FAQs
How much does it cost to install solar panels in Sharon?
The average cost of solar panels in Sharon 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 kind of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Sharon?
You can't get solar panels for free in Sharon. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Can you sell solar power back to the grid in Sharon?
The majority of states offer net metering programs of some kind. Through these, you can either get paid for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can opt to replace them after having them for that long or you can keep using them at a lower efficiency.
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.