Solar Panel Cost Guide in Shiloh, PA (2023 Update)
- Shiloh Solar Installation Cost: $11,779
- 25-Year Savings: $15,365
- Payback Period: 10.8 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Shiloh
Find out how much it might cost to make the switch to solar in Shiloh.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Shiloh, the typical cost of solar panels is 2.55 per watt. The average Shiloh homeowner needs a 6.6-kilowatt system, which would cost about $11,781 with the federal tax credit, or $16,847 before the 30% tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Shiloh homeowner. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. Despite the high upfront cost, the average Shiloh homeowner can save around $16,000 on their electricity bills over 20 years, which is one of the advantages of solar.
Click the button below to get connected to a highly rated solar panel company in Shiloh for a customized quote.
Solar savings over time in Shiloh
| Year | Return on Investment |
|---|---|
| 1 years | $-11,689 |
| 3 years | $-11,508 |
| 5 years | $-11,327 |
| 7 years | $-11,146 |
| 9 years | $-10,965 |
| 11 years | $-10,784 |
| 13 years | $-10,603 |
| 15 years | $-10,422 |
| 17 years | $-10,241 |
| 19 years | $-10,060 |
| 21 years | $-9,879 |
| 23 years | $-9,698 |
| 25 years | $-9,517 |
Top Solar Installers in Shiloh
Many homeowners opt for a solar panel installer since installing solar panels yourself can be a labor-intensive endeavor. Companies can also offer access to a large variety of the best solar panels and help you pick which one will be best for your family.
There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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 Shiloh
Factors that Affect Solar Panel Costs in Shiloh
For many Shiloh homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Shiloh, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the cost of solar panels in Shiloh, 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 consumption, which you can gauge by looking at past energy bills. Your total cost can increase by around $2,550 for each additional kilowatt you need. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Shiloh, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system in cash is difficult, solar loans are a popular option because they decrease your upfront costs and let you pay for your system over a term of, on average, between five and seven years. You'll have to consider the long-term cost of financing options, including the total interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Shiloh is the company you hire to install your solar panel system. As with choosing a company to build a deck or pool, for example, there are plenty of solar installers that offer a range of services for different budgets. The company's size can sometimes play the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to more 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 | $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 a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:
- Contract: Although reading through a contract can take a lot of time, it's important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to get the job done well. Another way you can look into your installer's reputation is by reading reviews.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over around 25 years are the gold standard in the business, and offering that kind of warranty is one mark of a quality company.
- Solar Panel Brands: Different companies have different brands and models of panels. If you want a specific brand, make sure the solar installer you're considering has it.
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 Shiloh, PA Solar Cost FAQs
How much does it cost to install 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 real cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider in addition to cost when buying solar panels?
The initial cost is a key factor to consider, but whether it's the most important for you depends on your reasons for going solar. In cities 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.
How much can I save on power bills after installing solar panels?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Shiloh, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Shiloh?
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 amount 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.