Solar Panel Cost Guide in Sharpsville, PA (2024 Update)
- Sharpsville Solar Installation Cost: $17,503
- 25-Year Savings: $11,671
- Payback Period: 18.0 Years
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Average Cost of Solar Panels in Sharpsville
We go over average solar pricing in Sharpsville.
Although the national average of solar panels is $2.66 per watt, solar panels in Sharpsville generally cost around 4.The average Sharpsville homeowner needs a 7.0-kilowatt system, which would cost about $17,503 with the federal tax credit, or $25,029 before the 0 tax credit is applied.
These figures are only averages, and the cost of going solar for you may vary based on the amount of energy your home requires and what company you go with.Many homeowners find going solar is a sound investment. The average homeowner in Sharpsville can save around $13,000 on their power bills over 20 years.
To receive a free quote from a pre-vetted solar installation company in Sharpsville, you can click the button below.
Solar savings over time in Sharpsville
| Year | Return on Investment |
|---|---|
| 1 years | $-16,200 |
| 3 years | $-13,595 |
| 5 years | $-10,989 |
| 7 years | $-8,383 |
| 9 years | $-5,777 |
| 11 years | $-3,172 |
| 13 years | $-566 |
| 15 years | $2,040 |
| 17 years | $4,646 |
| 19 years | $7,251 |
| 21 years | $9,857 |
| 23 years | $12,463 |
| 25 years | $15,069 |
Top Solar Installers in Sharpsville
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a pain. Going with an installer can make your switch to solar power much easier. Plus, if you aren’t sure what kind of solar panels and equipment you may need, a solar company can help you find the right equipment for you after a site survey and consultation.
Working with a licensed solar company 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
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 Sharpsville
Factors that Affect Solar Panel Costs in Sharpsville
The cost of installing a solar system in Sharpsville can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Sharpsville, one of the most crucial 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 usage, which you can figure out by looking at past energy bills. Your total cost can increase by about $3,550 for each additional kilowatt you need.The brand of solar panels and equipment you get is another factor that will largely influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Moreover, 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 researching a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are provided by most installers in Sharpsville, which can lower, or in some cases totally eliminate, your upfront costs to make solar more accessible.It’s a good idea to add the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Sharpsville is the company you hire to install your solar system. Similar to choosing a company to install new cabinets, for example, there’s no shortage of solar installers that offer a range of services for different budgets.Additionally, some companies in Sharpsville know more about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save 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 | $5,145 | 18.8 years |
| 8 kW | $3.62 | $20,278 | $7,257 | 18.4 years |
| 10 kW | $3.55 | $24,850 | $9,569 | 18.0 years |
| 12 kW | $3.48 | $29,224 | $12,079 | 17.7 years |
| 14 kW | $3.41 | $33,398 | $14,788 | 17.3 years |
| 16 kW | $3.34 | $37,374 | $17,696 | 17.0 years |
| 18 kW | $3.27 | $41,152 | $20,802 | 16.6 years |
| 20 kW | $3.19 | $44,730 | $24,108 | 16.2 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Different companies will have various brands and models of panels. If you want a specific brand, make sure the solar installer you’re considering has it.
- Reputation: Long-standing 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 support, such as part repairs and replacements.
- Contract: Review the contract terms thoroughly to make sure you understand the total cost, completion timeline incentives and warranties.
- 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.
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 Sharpsville, PA Solar Cost FAQs
How much does it cost to install solar panels in Sharpsville?
The average cost of solar panels in Sharpsville is about $17,750 for a 5-kW system and $35,500 for a 10-kW system before the ITC, but the real cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
The initial 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 places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Do solar panels increase your property value?
Solar panels can increase your property’s value significantly as long as you buy or finance your panels and don’t go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household 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.