Solar Panel Cost Guide in Argyle, NY (2023 Update)
- Argyle Solar Installation Cost: $9,507
- 25-Year Savings: $6,075
- Payback Period: 15.3 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Argyle
Let's take a look at the average cost of solar panels in Argyle.
Although the national average of solar panels is $2.66 per watt, solar panels in Argyle generally cost about 2.95. To cover the typical energy needs of the average home in Argyle, most homeowners require a 4.6-kilowatt system. Using the figure above, a solar installation costs around $9,499, or $13,584 before the federal solar tax credit of 30% is applied.
These figures are only estimates, and your own solar costs may differ based on the amount of energy your home requires and what company you want to go with. For many homeowners, the upfront cost of solar is worth paying. On average homeowners in Argyle see about $13,000 in savings on electricity bills over 20 years.
For a customized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Argyle
| Year | Return on Investment |
|---|---|
| 1 years | $-8,660 |
| 3 years | $-6,967 |
| 5 years | $-5,274 |
| 7 years | $-3,581 |
| 9 years | $-1,888 |
| 11 years | $-195 |
| 13 years | $1,499 |
| 15 years | $3,192 |
| 17 years | $4,885 |
| 19 years | $6,578 |
| 21 years | $8,271 |
| 23 years | $9,964 |
| 25 years | $11,658 |
Top Solar Installers in Argyle
Installing solar panels yourself can be a challenging project, which is why hiring a solar installation company is a good option for many homeowners. The expertise that solar installers provide can be useful as well, especially if you don't quite know what brand of solar equipment would be right for your home.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some 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
See all of the solar companies in Argyle
Factors that Affect Solar Panel Costs in Argyle
While the average cost of a solar system in Argyle is $9,499, your final cost may be higher or lower than that. There are many factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to pay about $2,950 per kilowatt in Argyle. There are many different solar panel brands and the one you choose also changes the cost. Typically, the brands that are more efficient tend to also be more expensive. In addition, the type of equipment you're looking to install 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
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are available from most installers in Argyle, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible. When estimating your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Argyle is the company you hire to install your solar system. Similar to choosing a company to build a deck or pool, for instance, there are plenty of solar installers that offer a range of services at different price points. 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 decide on the company that provides the products, warranties and services you're looking for and also fit into 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 | $7,421 | 15.9 years |
| 8 kW | $3.01 | $16,850 | $10,225 | 15.6 years |
| 10 kW | $2.95 | $20,650 | $13,194 | 15.3 years |
| 12 kW | $2.89 | $24,284 | $16,329 | 14.9 years |
| 14 kW | $2.83 | $27,754 | $19,628 | 14.6 years |
| 16 kW | $2.77 | $31,058 | $23,093 | 14.3 years |
| 18 kW | $2.71 | $34,196 | $26,723 | 14.0 years |
| 20 kW | $2.66 | $37,170 | $30,518 | 13.7 years |
How to Save on Solar Panels
Since the type of solar panels and the installation company you choose considerably affects your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you choose.
- 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: Solar system installers that have great reviews from their customers and that have been in business for many years likely provide good-quality solar panel installation and expertise.
- Contract: Review the contract terms carefully to make sure you understand the overall cost, completion timeline rebates and warranties.
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 Argyle, NY Solar Cost FAQs
What is the average cost of installing solar panels in Argyle?
The average cost of solar panels in Argyle is about $14,750 for a 5-kW system and $29,500 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the type of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Argyle?
You can't get solar panels for free in Argyle. However, you may still be able to get 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.
How will solar panels impact the value of my home?
Solar panels can increase the value of your home considerably as long as you buy or finance your panels and don't go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home requires 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.