Solar Panel Cost Guide in Clarendon, NY (2023 Update)
- Clarendon Solar Installation Cost: $8,508
- 25-Year Savings: $7,699
- Payback Period: 13.1 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Clarendon
We break down average solar pricing in Clarendon.
Although the national average of solar panels is $2.66 per watt, solar panels in Clarendon generally cost around 2.95. To account for the typical energy needs of the average home in Clarendon, most homeowners require a 4.1-kilowatt system. Using the per-watt figure above, a solar installation costs about $8,508, or $12,166 before the federal solar tax credit of 30% is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The exact cost of installing solar panels can vary quite a bit depending on multiple factors, such as how many panels you need, your energy consumption and what installation company you go with. But, once you've paid the initial cost of installation, the return on investment for most homeowners is typically good, with a net average savings of about $15,000 over 20 years on power bills.
To see your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Clarendon
| Year | Return on Investment |
|---|---|
| 1 years | $-7,860 |
| 3 years | $-6,563 |
| 5 years | $-5,266 |
| 7 years | $-3,970 |
| 9 years | $-2,673 |
| 11 years | $-1,377 |
| 13 years | $-80 |
| 15 years | $1,216 |
| 17 years | $2,513 |
| 19 years | $3,810 |
| 21 years | $5,106 |
| 23 years | $6,403 |
| 25 years | $7,699 |
Top Solar Installers in Clarendon
When going solar, many homeowners opt to use a solar company since putting up solar panels yourself can be a time-consuming project. A solar company can also help save you money over time by offering warranties, repairs and system component replacements.
There are a number of licensed solar professionals that can install solar panels for you. 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
See all of the solar companies in Clarendon
Factors that Affect Solar Panel Costs in Clarendon
For many Clarendon homeowners, the decision to install solar panels depends on cost. However, the range of solar installation costs can be quite wide in Clarendon, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
One of the most important 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 consumes, the larger your system will likely need to be. You can expect to pay about $2,950 per kilowatt in Clarendon. The kind of solar panels and equipment you choose is another factor that will greatly impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more pricey. Furthermore, solar equipment consists of more than just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that's in your budget.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a significant investment. That's why many Clarendon homeowners choose to finance their solar panel systems to make paying for solar more affordable. However, the interest on solar loans also increases your all-in costs, so it's important to take that into consideration as well. You can always bring down the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panel system can affect how much you pay. Clarendon's solar companies all have different labor costs and add varying upcharges to equipment. Some companies 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 at a higher cost. It's best to do some research and decide on the company that offers the products, warranties and services you want and also fits within 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 | $10,690 | 13.7 years |
| 8 kW | $3.01 | $16,850 | $14,584 | 13.4 years |
| 10 kW | $2.95 | $20,650 | $18,643 | 13.1 years |
| 12 kW | $2.89 | $24,284 | $22,867 | 12.9 years |
| 14 kW | $2.83 | $27,754 | $27,257 | 12.6 years |
| 16 kW | $2.77 | $31,058 | $31,811 | 12.4 years |
| 18 kW | $2.71 | $34,196 | $36,531 | 12.1 years |
| 20 kW | $2.66 | $37,170 | $41,416 | 11.8 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Clarendon, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Installation Process: When going solar, it's necessary to maintain an open line of communication with your solar company. See to it that you understand how the installation process will go and the project timeline.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you go with.
- Contract: Read the contract terms carefully to make sure you understand the cost breakdown, project timeline incentives and warranties.
- Warranty: Warranties that provide coverage for defective panels and repairs over around 25 years are the gold standard in the business, and offering such a warranty is one mark of a good company.
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 Clarendon, NY Solar Cost FAQs
How much does it cost to install solar panels in Clarendon?
The average cost of solar panels in Clarendon is about $14,750 for a 5-kW system and $29,500 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Clarendon?
A solar panel system isn't free in Clarendon, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Does Clarendon have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future energy bills.
How long do solar panels last in Clarendon?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount 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.
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.