Solar Panel Cost Guide in Shillington, PA (2023 Update)
- Shillington Solar Installation Cost: $11,872
- 25-Year Savings: $13,082
- Payback Period: 11.9 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Shillington
We go over average solar pricing in Shillington.
The average cost of a solar system in Shillington is 2.55 per watt. Because a 6.7-kW system is needed to cover the energy needs of a typical home in Shillington, the average price of going solar will be about $11,870 after claiming the federal solar tax credit of 30%.
Keep in mind that the figures above are only estimates based on the average energy use of Shillington homeowners. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. But, after you've paid the initial cost of installation, the ROI for most homeowners is quite good, with a net average savings of about $14,000 over 20 years on utility bills.
To calculate your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Shillington
| Year | Return on Investment |
|---|---|
| 1 years | $-11,789 |
| 3 years | $-11,623 |
| 5 years | $-11,456 |
| 7 years | $-11,290 |
| 9 years | $-11,123 |
| 11 years | $-10,957 |
| 13 years | $-10,791 |
| 15 years | $-10,624 |
| 17 years | $-10,458 |
| 19 years | $-10,292 |
| 21 years | $-10,125 |
| 23 years | $-9,959 |
| 25 years | $-9,793 |
Top Solar Installers in Shillington
Putting up solar panels on your own can be a difficult project, which is why using a solar installation company is a good option for many homeowners. The expertise that solar companies offer can be valuable as well, particularly if you don't quite know what brand of solar equipment you need.
If you're looking for a solar company in Shillington, the EcoWatch team has organized a list of our top suggestions here:
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 Shillington
Factors that Affect Solar Panel Costs in Shillington
Even though the average cost of a solar system in Shillington is $11,870, your actual cost may be above or below the average. There are quite a few factors that can have a major impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power generation need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,550. There are several different solar panel brands and the one you pick also changes the cost. Typically, the brands that have better efficiency tend to also be more expensive. Plus, the type of equipment you're looking to get can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for solar panels in cash is out of reach, solar loans are an affordable route because they decrease your upfront costs and let you pay for your system over a term of, on average, between five and seven years. Even though solar loans make adopting solar energy more accessible for Shillington homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
Lastly, the company you choose to install your solar system can play a role in determining the cost. Shillington's solar companies all have different labor costs and add varying upcharges to equipment. The company's size sometimes plays the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower 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 | $11,373 | 12.4 years |
| 8 kW | $2.60 | $14,566 | $15,449 | 12.1 years |
| 10 kW | $2.55 | $17,850 | $19,669 | 11.9 years |
| 12 kW | $2.50 | $20,992 | $24,031 | 11.7 years |
| 14 kW | $2.45 | $23,990 | $28,536 | 11.4 years |
| 16 kW | $2.40 | $26,846 | $33,184 | 11.2 years |
| 18 kW | $2.35 | $29,560 | $37,974 | 10.9 years |
| 20 kW | $2.29 | $32,130 | $42,908 | 10.7 years |
How to Save on Solar Panels
Since the kind of solar panels and the company you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Solar Panel Brands: Different companies have various brands and types of panels. If you prefer a specific brand, make sure the solar installer you're considering has it.
- Contract: When reading over your solar installer's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
- Installation Process: When making the switch to solar power, it's important to keep an open line of communication with your solar installer. Make sure you understand how the installation process will go and the project timeline.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years in most cases provide good-quality solar panel installation and expertise.
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 Shillington, PA Solar Cost FAQs
What is the average cost of installing solar panels in Shillington?
This is a tough question to answer exactly, because the cost depends on many factors. Generally 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 consumption. On the flip side, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in Shillington?
Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
Can solar panels significantly reduce my power bills?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $750.38 per year.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to cover their typical energy usage.
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.