Solar Panel Cost Guide in Adams, NY (2023 Update)
- Adams Solar Installation Cost: $9,517
- 25-Year Savings: $6,690
- Payback Period: 14.7 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Adams
Find out what the average cost of solar panel installation is in Adams.
The national average cost of solar panels is $2.66 per watt, but in Adams it's 2.95 per watt. Since a 4.6-kW system is needed to cover the energy costs of a typical home in Adams, the average price of going solar will be about $9,520 after claiming the federal solar tax credit of 30%.
How much you pay can go above or below the average in Adams depending on several factors, such as the model of solar panels you choose and the solar installer you hire. With average savings of about $13,000 on utility bills over 20 years, many homeowners in Adams find going solar has a decent ROI.
To receive a free estimate from a pre-vetted solar installation company in Adams, you can click the button below.
Solar savings over time in Adams
| Year | Return on Investment |
|---|---|
| 1 years | $-9,463 |
| 3 years | $-9,355 |
| 5 years | $-9,246 |
| 7 years | $-9,138 |
| 9 years | $-9,030 |
| 11 years | $-8,922 |
| 13 years | $-8,814 |
| 15 years | $-8,706 |
| 17 years | $-8,598 |
| 19 years | $-8,490 |
| 21 years | $-8,382 |
| 23 years | $-8,274 |
| 25 years | $-8,166 |
Top Solar Installers in Adams
When making the switch to solar, many homeowners prefer to go with a solar installer since handling can be a time-consuming project. Another benefit of utilizing a solar installer is that they can help you optimize your investment by bringing down your future costs of repairs and replacements because of warranties and informing you of local incentives you can take advantage of.
If you're on the hunt for a solar installer in Adams, we've put together a list of our top suggestions here:
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 Adams
Factors that Affect Solar Panel Costs in Adams
While the average cost of a solar system in Adams is $9,520, your final cost may differ. There are several factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. Because of that, it's a priority to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get 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, higher efficiency could save you more in the long run on your power bills. Additionally, add-on products, like solar batteries, can bring your total well above the Adams average.
Solar Financing Terms
Many homeowners find the average cost of solar in Adams to be too expensive, even if the investment pays off over time. Fortunately, almost every solar company in the area provides financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also result in a higher cost over time because of interest. 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 more than the principal cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The solar installer you go with to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar installation companies operating in Adams, and each can charge varying amounts for labor and equipment. Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and go with the company that offers the products, warranties and services you're looking for and also fits 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 | $3.07 | $12,886 | $8,215 | 15.3 years |
| 8 kW | $3.01 | $16,850 | $11,283 | 15.0 years |
| 10 kW | $2.95 | $20,650 | $14,517 | 14.7 years |
| 12 kW | $2.89 | $24,284 | $17,916 | 14.4 years |
| 14 kW | $2.83 | $27,754 | $21,481 | 14.1 years |
| 16 kW | $2.77 | $31,058 | $25,210 | 13.8 years |
| 18 kW | $2.71 | $34,196 | $29,105 | 13.5 years |
| 20 kW | $2.66 | $37,170 | $33,165 | 13.2 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Adams, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- 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.
- Contract: It's important to look over your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you opt for.
- Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
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 Adams, NY Solar Cost FAQs
How much does it cost to install solar panels in Adams?
The average cost of solar panels in Adams is about $14,750 for a 5-kW system and $29,500 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as 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?
A solar panel system isn't free in Adams, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Is it worth going solar in Adams?
Solar panels can be a fruitful investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already fairly low, solar panels might not be for you.
How often do you have to replace solar panels?
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 higher level 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.