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Top Solar Installers in Raton
When going solar, many homeowners decide to use a solar installation company since putting up a solar system yourself can be a difficult project. Companies can also offer access to various kinds of the best solar panels and help you choose which one will be best for your home.
Working with a licensed solar installer can make going solar easier. Here are our recommendations:
See all of the solar companies in Raton
Factors that Affect Solar Panel Costs in Raton
Though the average cost of solar panels in Raton is $10,843, your actual cost may be above or below the average. There are many factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment Size
When it comes to estimating the price of a solar energy system in Raton, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy usage, which you can figure out by looking at past energy bills. Your total cost can increase by around $2,680 for each additional kilowatt you need. The kind of solar panels and equipment you choose is another factor that will substantially affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment goes beyond just the solar panels themselves. You'll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are offered by most installers in Raton, which can lower, or in some cases completely eliminate, your upfront costs to make solar more affordable. 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 finding a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
Finally, the company you hire to install your solar system can affect your pricing. Raton's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Raton have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save 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||$2.79||$11,706||$44,611||5.2 years|
|8 kW||$2.73||$15,308||$59,782||5.1 years|
|10 kW||$2.68||$18,760||$75,103||5.0 years|
|12 kW||$2.63||$22,062||$90,573||4.9 years|
|14 kW||$2.57||$25,213||$106,194||4.8 years|
|16 kW||$2.52||$28,215||$121,965||4.7 years|
|18 kW||$2.47||$31,067||$137,886||4.6 years|
|20 kW||$2.41||$33,768||$153,957||4.5 years|
Solar Incentives in Raton
How to Save on Solar Panels
The solar installer you choose will influence not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should keep in mind, such as:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to install your solar system. Another way you can check your installer's reputation is by reading reviews.
- Solar Panel Brands: Different companies offer various brands and models of panels. If you want a specific brand, make sure the solar installer you're considering has it.
- Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Although reading through a contract can take a lot of time, it's important to do it fully so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
EcoWatch's Raton, NM Solar Cost FAQs
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.