Solar Panel Cost Guide in Baldwinsville, NY (2024 Update)
- Baldwinsville Solar Installation Cost: $11,835
- 25-Year Savings: $6,533
- Payback Period: 18.4 Years
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Average Cost of Solar Panels in Baldwinsville
See how much it might cost to install solar panels in Baldwinsville.
While the national average of solar panels is $2.66 per watt, solar panels in Baldwinsville typically cost around 4.Because a 4.6-kW system is needed to cover the energy costs of a typical home in Baldwinsville, the average price of going solar will be about $11,835 after claiming the federal solar tax credit of 0.
These figures are only estimates, and the cost of going solar for you will most likely differ based on factors unique to your home and what company you choose to go with.Despite the significant upfront cost, the average Baldwinsville homeowner can save around $13,000 on their power bills over 20 years, which is one of the positives of solar.
You can click the button below to get connected with a pre-vetted solar installer in Baldwinsville for a quote for your home.
Solar savings over time in Baldwinsville
| Year | Return on Investment |
|---|---|
| 1 years | $-11,009 |
| 3 years | $-9,357 |
| 5 years | $-7,705 |
| 7 years | $-6,053 |
| 9 years | $-4,401 |
| 11 years | $-2,750 |
| 13 years | $-1,098 |
| 15 years | $554 |
| 17 years | $2,206 |
| 19 years | $3,858 |
| 21 years | $5,510 |
| 23 years | $7,161 |
| 25 years | $8,813 |
Top Solar Installers in Baldwinsville
Many homeowners opt for a solar installation company since installing solar panels yourself can be hard. The expertise that solar installers offer can be valuable as well, particularly if you aren’t sure what type of solar equipment you need.
There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Baldwinsville
Factors that Affect Solar Panel Costs in Baldwinsville
Although the average cost of a solar system in Baldwinsville is $11,835, your final cost may be above or below the average. There are several factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power production require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,650.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Baldwinsville, where sunlight isn’t as abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Baldwinsville to be too steep, even if the investment pays off over time. Fortunately, almost every solar company in the area offers financing options. Solar loans remarkably decrease upfront costs in most cases, but they also lead to higher prices over time due to interest.It’s wise to factor the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
The solar company you choose will play a role in your total cost to go solar. Different companies will charge different amounts for the equipment and labor.You may see national solar installers that have lower prices due to their larger brand name and access to bulk pricing, 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 | $3.80 | $15,943 | $4,909 | 19.1 years |
| 8 kW | $3.72 | $20,849 | $6,954 | 18.7 years |
| 10 kW | $3.65 | $25,550 | $9,203 | 18.4 years |
| 12 kW | $3.58 | $30,047 | $11,657 | 18.0 years |
| 14 kW | $3.50 | $34,339 | $14,315 | 17.6 years |
| 16 kW | $3.43 | $38,427 | $17,178 | 17.3 years |
| 18 kW | $3.36 | $42,311 | $20,245 | 16.9 years |
| 20 kW | $3.29 | $45,990 | $23,516 | 16.5 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because selecting a company can be a tough decision, we have some tips to help you, such as:
- Solar Panel Brands: Different companies offer different brands and kinds of panels. If you know you want a specific brand, make sure the solar panel company you’re considering has it.
- Contract: Before signing a contract with a solar installer, make sure you read it through carefully so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Baldwinsville, NY Solar Cost FAQs
What is the average cost of installing solar panels in Baldwinsville?
The average cost of solar panels in Baldwinsville is about $18,250 for a 5-kW system and $36,500 for a 10-kW system before the ITC, but the actual cost will depend on things like the kind of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider in addition to cost when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels completely eradicate my energy bills?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $695.06 per year.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy consumption and the average daily sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to cover their typical energy usage.
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.