Solar Panel Cost Guide in Baldwin, NY (2025 Update)
- Baldwin Solar Installation Cost: $9,833
- 25-Year Savings: $13,334
- Payback Period: 11.6 Years
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Average Cost of Solar Panels in Baldwin
We go over average solar pricing in Baldwin.
The average cost of a solar panel system in Baldwin is 4 per watt.Because a 3.8-kW system is needed to cover the energy consumption of a typical home in Baldwin, the average price of going solar will be about $9,833 after claiming the federal solar tax credit of 0.
These figures are just estimates, and the cost of going solar for you will vary based on your specific situation and what company you choose to go with.Many homeowners find adopting solar power is a sound investment. The average homeowner in Baldwin can save about $21,000 on their electricity bills over 20 years.
You can click the button below to get connected with a top solar company in Baldwin that can help you get a more accurate cost estimate for your home.
Solar savings over time in Baldwin
| Year | Return on Investment |
|---|---|
| 1 years | $-8,930 |
| 3 years | $-7,124 |
| 5 years | $-5,319 |
| 7 years | $-3,513 |
| 9 years | $-1,708 |
| 11 years | $98 |
| 13 years | $1,903 |
| 15 years | $3,709 |
| 17 years | $5,514 |
| 19 years | $7,320 |
| 21 years | $9,125 |
| 23 years | $10,931 |
| 25 years | $12,737 |
Top Solar Installers in Baldwin
When making the switch to solar, many homeowners prefer to hire a solar company since overseeing your solar installation yourself can be a difficult project. Companies can also provide access to a large variety of the best solar panels and help you pick which one will be right for your home.
If you're searching for a solar installer in Baldwin, we've organized a list of our top suggestions here:
See all of the solar companies in Baldwin
Factors that Affect Solar Panel Costs in Baldwin
Even though the average cost of a solar system in Baldwin is $9,833, your final cost may differ. There are quite a few factors that can have a significant impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.
Solar Equipment
When it comes to estimating the price of a solar energy system in Baldwin, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy usage, which you can figure out by looking at past energy bills. Your total cost can increase by about $3,650 for each additional kilowatt you need.There are many different solar panel brands and the one you pick also changes the cost. In general, the brands that are more efficient tend to also cost more. Additionally, the type of equipment you’re looking to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are provided by most installers in Baldwin, which can lower, or in some cases totally eliminate, your upfront costs to make solar more affordable.It’s a good idea to add the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
Finally, the company you choose to install your solar panels can influence your pricing. Baldwin’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Baldwin have more knowledge about local solar incentives and can help you make good use 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 | $3.80 | $15,943 | $17,236 | 12.0 years |
| 8 kW | $3.72 | $20,849 | $23,390 | 11.8 years |
| 10 kW | $3.65 | $25,550 | $29,748 | 11.6 years |
| 12 kW | $3.58 | $30,047 | $36,311 | 11.3 years |
| 14 kW | $3.50 | $34,339 | $43,078 | 11.1 years |
| 16 kW | $3.43 | $38,427 | $50,050 | 10.9 years |
| 18 kW | $3.36 | $42,311 | $57,226 | 10.6 years |
| 20 kW | $3.29 | $45,990 | $64,606 | 10.4 years |
How to Save on Solar Panels
Since the kind of solar panels and the installation company you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Solar Panel Brands: Different companies will offer various brands and models of panels. If you want a specific brand, make sure the solar panel installer you’re considering has it.
- Contract: Before signing a contract with a solar company, make sure to look it over completely so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Installation Process: When going solar, it’s crucial to keep an open line of communication with your solar installer. Confirm that you understand how the installation process works and the project timeline.
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like the EcoWatch team.
EcoWatch's Baldwin, NY Solar Cost FAQs
What is the average cost of installing solar panels in Baldwin?
The average cost of solar panels in Baldwin 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 things like the kind of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Baldwin?
Solar panels aren’t free in Baldwin, 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.
Can solar panels eliminate my electricity bills?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $1,105.96 per year.
What solar power system size is right for my home?
To figure out how many solar panels 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 generally produce about 250 to 400 watt-hours per hour, the average home 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.