Solar Panel Cost Guide in Blooming Grove, NY (2025 Update)
- Blooming Grove Solar Installation Cost: $11,058
- 25-Year Savings: $16,123
- Payback Period: 11.0 Years
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Average Cost of Solar Panels in Blooming Grove
Find out what the average cost of installing solar panels is in Blooming Grove.
In Blooming Grove, solar panels cost about 4 per watt on average.Since a 4.3-kW system is needed to cover the energy usage of a typical home in Blooming Grove, the average price of going solar will be about $11,058 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 the amount of energy your home requires and what company you go with.With typical savings of about $22,000 on electricity bills over 20 years, many homeowners in Blooming Grove find installing solar panels can pay off big.
To calculate your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Blooming Grove
| Year | Return on Investment |
|---|---|
| 1 years | $-9,772 |
| 3 years | $-7,201 |
| 5 years | $-4,631 |
| 7 years | $-2,060 |
| 9 years | $511 |
| 11 years | $3,082 |
| 13 years | $5,653 |
| 15 years | $8,223 |
| 17 years | $10,794 |
| 19 years | $13,365 |
| 21 years | $15,936 |
| 23 years | $18,506 |
| 25 years | $21,077 |
Top Solar Installers in Blooming Grove
Trying to install solar panels on your own can be a dangerous undertaking, which is why hiring a solar installer is a good option for many homeowners. Because solar panels are exposed to the elements every day, warranties and repairs from your solar installer can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
There are various licensed solar professionals that can help you install your solar panels. Here are our suggestions:
See all of the solar companies in Blooming Grove
Factors that Affect Solar Panel Costs in Blooming Grove
For many Blooming Grove homeowners, the decision to install solar panels depends on cost. However, the range of solar installation costs can be quite wide in Blooming Grove, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the cost of solar panels in Blooming Grove, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy consumption, 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.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Blooming Grove, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for solar panels out of pocket is difficult, solar loans are an affordable choice because they cut back your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.Though solar loans make going solar more accessible for Blooming Grove homeowners, they can also increase the total you pay for your system due to interest. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final factor to keep in mind when trying to estimate the cost of solar for your home or business in Blooming Grove is the company you choose to install your solar panel system. As with choosing a company to install new cabinets, for instance, there are plenty of solar installers that provide a range of services at different costs.Additionally, some companies in Blooming Grove have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. 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 | $18,799 | 11.5 years |
| 8 kW | $3.72 | $20,849 | $25,474 | 11.3 years |
| 10 kW | $3.65 | $25,550 | $32,354 | 11.0 years |
| 12 kW | $3.58 | $30,047 | $39,438 | 10.8 years |
| 14 kW | $3.50 | $34,339 | $46,726 | 10.6 years |
| 16 kW | $3.43 | $38,427 | $54,219 | 10.4 years |
| 18 kW | $3.36 | $42,311 | $61,916 | 10.1 years |
| 20 kW | $3.29 | $45,990 | $69,818 | 9.9 years |
How to Save on Solar Panels
There are numerous companies to choose from in Blooming Grove, 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: If you’re concerned about the endurance of your solar panel system, making sure your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Contract: Before signing a contract with a solar installer, make sure to read it through carefully so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what to do if a component breaks or malfunctions and if there are any guarantees about energy production.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can check your installer’s reputation is by reading reviews.
- Installation Process: When making the switch to solar energy, it’s essential to maintain an open line of communication with your solar installer. Make sure you understand how the installation process works and the completion timeline.
EcoWatch's Blooming Grove, NY Solar Cost FAQs
How much does it cost to install solar panels in Blooming Grove?
This is a difficult question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $18,250 for a 5-kW system and $36,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have above-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Blooming Grove?
Leasing solar panels can be an attractive choice, as it usually comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better option if you want to maximize your savings.
Can solar panels completely eradicate my energy bills?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Blooming Grove, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases 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.