Solar Panel Cost Guide in Manhattan, KS (Dec 2022)

  • Manhattan Solar Installation Cost: $14,069
  • 25-Year Savings: $32,763
  • Payback Period: 7.5 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Manhattan

Find out what the average cost of installing solar panels is in Manhattan.

In Manhattan, solar panels cost about $3 per watt on average. To cover the typical energy usage of the average home in Manhattan, most homeowners require a 7.8-kilowatt system. Using the per-watt figure above, a solar installation costs around $14,069, or $10,411 after the federal solar tax credit of 30% is applied.

Remember that the numbers above are only averages. The price you'll end up paying for solar will differ based on your household energy consumption, the type of solar system you choose, your solar contractor and more. Despite the high initial cost, the average Manhattan homeowner can save about $23,000 on their energy bills over 20 years, which is one of the advantages of solar.

To see your potential ROI and connect with a local solar installer, click the button below.

Solar savings over time in Manhattan

Year Return on Investment
1 years $-12,196
3 years $-8,449
5 years $-4,702
7 years $-956
9 years $2,791
11 years $6,537
13 years $10,284
15 years $14,030
17 years $17,777
19 years $21,523
21 years $25,270
23 years $29,017
25 years $32,763

Top Solar Installers in Manhattan

Many homeowners choose to use a solar installer since trying to install solar panels by yourself can be a lot of work. A solar installer can also help save you money over time by offering warranties, repairs and system component replacements.

You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some in Manhattan:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 Manhattan

Factors that Affect Solar Panel Costs in Manhattan

There are a number of factors that can play into your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.

Solar Equipment

The cost of solar panels varies by thousands of dollars due to some different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production use 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 $2,590. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more in the long run on your energy bills. Additionally, add-on products, like solar batteries, can bump up your total well above the Manhattan average.

Solar Financing Terms

If paying for a solar system in cash is out of reach, solar loans are a popular route because they reduce your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay back the loan.

Solar Panel Installation Company

The final major cost factor you should take into consideration is the installer you choose. Given the booming popularity of clean energy solutions in Manhattan, you'll have lots of options to choose from, but each comes at various price points for labor and equipment. Some companies 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 cost more. It's best to do some research and find a company that has the products, warranties and services you want 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 $2.69 $11,313 $24,885 7.8 years
8 kW $2.64 $14,794 $33,470 7.7 years
10 kW $2.59 $18,130 $42,200 7.5 years
12 kW $2.54 $21,321 $51,075 7.4 years
14 kW $2.49 $24,367 $60,096 7.2 years
16 kW $2.43 $27,268 $69,261 7.1 years
18 kW $2.38 $30,023 $78,571 6.9 years
20 kW $2.33 $32,634 $88,027 6.8 years

How to Save on Solar Panels

There are a large number of companies available in Manhattan, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:

  • Warranty: Many companies offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
  • Solar Panel Brands: The model of solar panel you need to get plays a part in which installer you should choose, since different companies have different panels.
  • Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
  • Contract: It's important to read your solar installer's contract well to understand what services they will provide, what the warranty covers and what you can expect about your solar system's energy production.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 Manhattan, KS Solar Cost FAQs

What is the average cost of installing solar panels in Manhattan?

The average cost of solar panels in Manhattan is about $12,950 for a 5-kW system and $25,900 for a 10-kW system before the ITC, but the real cost will depend on certain factors like 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?

Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.

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 in Manhattan, that will require at least a 10-kW system. Not all homes will have the roof space for 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 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 needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average house 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.

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