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 about 4.The average solar panel system size in Sharpsville is around 7.0 kilowatts, meaning a cost of about $17,503 for a solar installation, or $25,029 before the 0 federal solar tax credit is applied.
The true price you pay can be higher or lower than the average in Sharpsville depending on a variety of factors, such as the type of solar panels you choose and the solar installer you hire.For most homeowners, the upfront investment in solar power is worth paying. On average you could be looking at about $13,000 in savings on electricity bills over 20 years.
For a free quote from a local solar company that has been pre-vetted by EcoWatch, 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
Installing solar panels on your own can be a time-consuming undertaking, which is why using a solar installation company is a good option for many homeowners. Also, companies with a high reputation that cost more upfront could actually save you money in the long run with their warranties, repair services and expert design.
Working with a licensed solar installer can help you make the most of your investment in solar. Here are our recommendations:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
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 depends on several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
The size of the solar panel system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $3,550. There are many different solar panel brands and the one you choose also affects the cost. Generally speaking, 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 far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for solar panels out of pocket is out of reach, solar loans are an affordable option because they lower your upfront costs and allow you to pay for your system over five to seven years on average.You’ll have to consider the long-term cost of financing options, including the amount of 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 getting a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The solar panel installation company you pick will impact your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and decide on the company that provides the products, warranties and services you’re looking for and also is within your budget.
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
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be a challenge, we have some tips to help you, such as:
- 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 National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
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 like the kind of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to keep in mind when buying solar panels?
Cost is a crucial factor to consider, but whether it’s the most important for you depends on your goals for going solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
How will installing solar panels impact my property value?
Solar panels can increase your property’s value remarkably as long as you buy or finance your panels and don’t choose 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 a solar system."
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average home 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.