Solar Panel Cost Guide in Adams, NY (2024 Update)
- Adams Solar Installation Cost: $11,775
- 25-Year Savings: $6,690
- Payback Period: 18.2 Years
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Average Cost of Solar Panels in Adams
Let’s have a look at the average cost of solar in Adams.
The national average cost of solar panels is $2.66 per watt, but in Adams it’s 4 per watt.The average solar panel system size in Adams is around 4.6 kilowatts, meaning a cost of about $11,775 for a solar installation, or $16,838 before the 0 federal solar tax credit is applied.
How much you pay can go above or below the average in Adams based on several factors, such as the kind of solar panels you choose and the solar company you hire.Many homeowners find installing a solar panel system is a rewarding investment. The average homeowner in Adams can save about $13,000 on their electricity bills over 20 years.
Click the button below to get connected to a top solar installer in your area for a custom estimate.
Solar savings over time in Adams
| Year | Return on Investment |
|---|---|
| 1 years | $-10,866 |
| 3 years | $-9,049 |
| 5 years | $-7,232 |
| 7 years | $-5,415 |
| 9 years | $-3,598 |
| 11 years | $-1,780 |
| 13 years | $37 |
| 15 years | $1,854 |
| 17 years | $3,671 |
| 19 years | $5,488 |
| 21 years | $7,305 |
| 23 years | $9,122 |
| 25 years | $10,940 |
Top Solar Installers in Adams
Many homeowners opt for a solar panel company since installing solar panels by yourself can be a lot of work. Plus, if you aren’t sure what type of solar panels and equipment you want, a solar company can help you find the right equipment for you after a site survey and consultation.
If you’d like to make the switch to solar but still aren’t certain which solar system company to go with, here are our suggestions for providers near you:
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 Adams
Factors that Affect Solar Panel Costs in Adams
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that affect your total cost in Adams: 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 determines the overall cost of installing solar panels. Because of that, it’s important to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use.The model of solar panels and equipment you get is another factor that will substantially influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Moreover, solar equipment goes beyond just the solar panels themselves. You’ll also need to consider 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 solar out of pocket can be a challenge. Solar loans are available from most installers in Adams, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you’re only able to 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 interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The solar panel installation company you select will impact your total cost to go solar. Different companies will bill different amounts for the equipment and labor.The company’s size sometimes plays the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices due 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 discount can bring their pricing lower to compete with bigger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.80 | $15,943 | $5,157 | 18.9 years |
| 8 kW | $3.72 | $20,849 | $7,285 | 18.5 years |
| 10 kW | $3.65 | $25,550 | $9,617 | 18.2 years |
| 12 kW | $3.58 | $30,047 | $12,154 | 17.8 years |
| 14 kW | $3.50 | $34,339 | $14,895 | 17.4 years |
| 16 kW | $3.43 | $38,427 | $17,841 | 17.1 years |
| 18 kW | $3.36 | $42,311 | $20,990 | 16.7 years |
| 20 kW | $3.29 | $45,990 | $24,345 | 16.3 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because choosing a company can be a challenge, we have some tips to help you, such as:
- Solar Panel Brands: The kind of solar panel you need to get plays a part in which installer you should opt for, since different companies provide different panels.
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to get the job done well. Another way you can research your installer’s reputation is by reading reviews.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
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 Adams, NY Solar Cost FAQs
What is the average cost of installing solar panels in Adams?
The average cost of solar panels in Adams is about $18,250 for a 5-kW system and $36,500 for a 10-kW system before the ITC, but the real cost will depend on stuff like the model of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Adams?
You can’t get solar panels for free in Adams. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Adams?
Solar panels can be a great investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already reasonably low, solar panels might not be for you.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you need to know how much energy your home uses 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.