Solar Panel Cost Guide in Sharpsville, PA (2023 Update)
- Sharpsville Solar Installation Cost: $12,566
- 25-Year Savings: $11,677
- Payback Period: 13.0 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Sharpsville
Find out what the average cost of solar panel installation is in Sharpsville.
The average cost of a solar panel system in Sharpsville is 2.55 per watt. Using this figure, a typical 7.0-kW system would cost about $12,566 before the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar may vary based on your household energy consumption, the type of solar system you want to get, your solar contractor and more. But, once you've paid the initial cost of installation, the savings for most homeowners is typically rewarding, with a net average savings of about $13,000 over 20 years on power bills.
For a free quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Sharpsville
| Year | Return on Investment |
|---|---|
| 1 years | $-11,597 |
| 3 years | $-9,657 |
| 5 years | $-7,718 |
| 7 years | $-5,778 |
| 9 years | $-3,839 |
| 11 years | $-1,899 |
| 13 years | $40 |
| 15 years | $1,980 |
| 17 years | $3,919 |
| 19 years | $5,858 |
| 21 years | $7,798 |
| 23 years | $9,737 |
| 25 years | $11,677 |
Top Solar Installers in Sharpsville
DIY solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Hiring a solar company can make your swap to solar power much easier. The payback period on an investment in solar panels will vary based on factors like your location and energy use, but working with a solar installer can shorten that period. Your provider will be able to help you identify incentives available in your area.
If you'd like to go solar but still aren't sure which solar panel installer 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
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Sharpsville
Factors that Affect Solar Panel Costs in Sharpsville
There are many criteria that can determine your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
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 about $2,550 per kilowatt in Sharpsville. There are many different solar panel brands and the one you choose also changes the cost. In general, the brands that have better efficiency tend to also cost more. Plus, the type of equipment you're looking to get can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are offered by most installers in Sharpsville, which can lower, or in some cases totally eliminate, your upfront costs to make solar more accessible. When figuring out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The final key cost factor you should take into consideration is the installer you choose. Given the growing popularity of clean energy solutions in Sharpsville, you'll have many options to choose from, but each comes at varying price points for labor and equipment. The company's size can sometimes play the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices due to access to greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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 installer you opt for will affect not only your overall costs, but also the types 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:
- Reputation: Well-established companies likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: Different companies have various brands and kinds of panels. If you prefer a specific brand, make sure the solar company you're considering has it.
- Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Even though reading through a contract can be tedious, it's important to do it carefully so you can make sure you understand what services your solar company will provide and the terms of the warranty.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Sharpsville, PA Solar Cost FAQs
What is the average cost of installing solar panels in Sharpsville?
This is a tough question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $12,750 for a 5-kW system and $25,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have above-average energy usage. Conversely, you can spend less if you want a smaller solar panel system or less efficient solar panels.
What other factors should I consider apart from cost when buying solar panels?
Cost is a very important factor to consider, but whether it's the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Does Sharpsville have a net metering program?
The majority of states offer net metering programs of some kind. Through these, you can receive compensation for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Sharpsville?
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 larger 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.