Solar Panel Cost Guide in Amenia, NY (Jan 2023)
- Amenia Solar Installation Cost: $8,983
- 25-Year Savings: $9,418
- Payback Period: 12.2 Years
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Top Solar Installers in Amenia
Although you can install solar panels yourself, it involves extra time and expertise. For that reason, most people choose a solar panel installer. The payback period of solar panels will vary depending on factors like your roof configuration and energy usage, but working with a solar company can help you reach a break-even point sooner. Your provider will be able to help you apply for incentives available in your area.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
See all of the solar companies in Amenia
Factors that Affect Solar Panel Costs in Amenia
For many Amenia homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Amenia, with typical prices between $20,000 to $40,000. There are a few factors that greatly influence the price you'll pay, which we'll go over below.
The size of the solar panel system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $2,950. There are many different solar panel brands and the one you pick also changes the cost. Usually, the brands that have better efficiency tend to also be more expensive. In addition, the type of equipment you choose can affect your total cost. If you just need panels, your system will be much 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 a popular choice because they reduce your upfront costs and let you pay for your system over a term of, on average, between five and seven years. However, the interest on solar loans also adds to your overall costs, so it's vital to consider that as well. You can always reduce the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you choose will play a role in your total cost to make the switch to solar energy. Different companies will bill different amounts for the equipment and labor. You may see national solar installers that have lower prices because of their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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||$12,487||12.7 years|
|8 kW||$3.01||$16,850||$16,980||12.5 years|
|10 kW||$2.95||$20,650||$21,637||12.2 years|
|12 kW||$2.89||$24,284||$26,460||12.0 years|
|14 kW||$2.83||$27,754||$31,449||11.7 years|
|16 kW||$2.77||$31,058||$36,602||11.5 years|
|18 kW||$2.71||$34,196||$41,921||11.2 years|
|20 kW||$2.66||$37,170||$47,405||11.0 years|
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because choosing a company can be a tough decision, we have some tips to help you, such as:
- Warranty: Warranties that cover defective panels and repairs over a couple decades are the gold standard in the business, and offering such a warranty is one indication of a good company.
- Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
- Solar Panel Brands: Different companies will carry various brands and kinds of panels. If you prefer a specific brand, make sure the solar installer you're considering has it.
- Contract: When reading through your solar company's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
EcoWatch's Amenia, NY 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.