Solar Panel Cost Guide in Shiloh, PA (Mar 2023)
- Shiloh Solar Installation Cost: $11,781
- 25-Year Savings: $15,363
- Payback Period: 10.8 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Shiloh
Find out what the average cost of solar panels are in Shiloh.
In Shiloh, solar panels cost about 2.55 per watt on average. Because a 6.6-kW system is needed to cover the energy costs of a typical home in Shiloh, the average price of going solar will be about $11,781 after claiming the federal solar tax credit of 30%.
Remember that the numbers above are only averages. The price you'll end up paying for solar may look quite different based on your household energy use, the type of solar system you choose, your solar contractor and more. Many homeowners find installing a solar panel system is a fruitful investment. The average homeowner in Shiloh can save about $16,000 on their electricity bills over 20 years.
For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Shiloh
Year | Return on Investment |
---|---|
1 years | $-10,695 |
3 years | $-8,524 |
5 years | $-6,352 |
7 years | $-4,181 |
9 years | $-2,009 |
11 years | $162 |
13 years | $2,334 |
15 years | $4,506 |
17 years | $6,677 |
19 years | $8,849 |
21 years | $11,020 |
23 years | $13,192 |
25 years | $15,363 |
Top Solar Installers in Shiloh
Installing solar panels by yourself can be a stressful project, which is why hiring a solar installation company is a good option for many homeowners. Companies can also provide access to quality options of the best solar panels and help you decide which one will be right for your home.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some nearby:
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 Shiloh
Factors that Affect Solar Panel Costs in Shiloh
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few key factors that will push your cost above or below the average in Shiloh: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. That's why it's a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs. The brand and type of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar companies in Shiloh provide solar loans, which reduce your upfront costs of installing a solar system. When figuring out your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The last major cost factor you should take into consideration is the installer you choose. Given the booming popularity of sustainable energy solutions in Shiloh, you'll have plenty of options to choose from, but each comes at various price points for labor and equipment. Additionally, some companies in Shiloh know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you 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 | $2.65 | $11,138 | $13,542 | 11.3 years |
8 kW | $2.60 | $14,566 | $18,342 | 11.1 years |
10 kW | $2.55 | $17,850 | $23,284 | 10.8 years |
12 kW | $2.50 | $20,992 | $28,369 | 10.6 years |
14 kW | $2.45 | $23,990 | $33,597 | 10.4 years |
16 kW | $2.40 | $26,846 | $38,968 | 10.2 years |
18 kW | $2.35 | $29,560 | $44,481 | 10.0 years |
20 kW | $2.29 | $32,130 | $50,138 | 9.8 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 decide on the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Different companies carry various brands and types of panels. If you prefer a specific brand, make sure the solar panel 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: Review the contract terms thoroughly to make sure you understand how much it will cost, project timeline incentives and warranties.
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like EcoWatch.
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 Shiloh, PA Solar Cost FAQs
What is the average cost of installing solar panels in Shiloh?
The average cost of solar panels in Shiloh is about $12,750 for a 5-kW system and $25,500 for a 10-kW system before the ITC, but the actual cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you consume.
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 places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
How will having solar panels impact the value of my home?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Shiloh is currently $151,108, so you could be looking at a value of about $6,195 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Shiloh is a worthwhile investment.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the average daily sunlight your roof gets. You can take a 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 account for 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.