Solar Panel Cost Guide in Colesville, NY (Jan 2023)
- Colesville Solar Installation Cost: $9,582
- 25-Year Savings: $4,875
- Payback Period: 16.6 Years
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Top Solar Installers in Colesville
Installing solar panels by yourself can be a dangerous undertaking, which is why getting a solar installer is a good option for many homeowners. The expertise that solar installers offer can be valuable as well, particularly if you aren't sure what brand of solar equipment would be right for your home.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
See all of the solar companies in Colesville
Factors that Affect Solar Panel Costs in Colesville
The cost of installing a solar system in Colesville can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar installer you choose.
The size of the solar energy system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,950. The brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar companies in Colesville provide solar loans, which reduce the initial cost of installing solar. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
Finally, the company you choose to install your solar panel system can impact your pricing. Colesville's solar companies all have different labor costs and add varying upcharges to equipment. You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials 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||$3.07||$12,886||$5,804||17.2 years|
|8 kW||$3.01||$16,850||$8,070||16.9 years|
|10 kW||$2.95||$20,650||$10,500||16.6 years|
|12 kW||$2.89||$24,284||$13,096||16.2 years|
|14 kW||$2.83||$27,754||$15,856||15.9 years|
|16 kW||$2.77||$31,058||$18,782||15.6 years|
|18 kW||$2.71||$34,196||$21,874||15.2 years|
|20 kW||$2.66||$37,170||$25,130||14.9 years|
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: The type of solar panel you need to install plays a role in which installer you should opt for, since different companies provide different panels.
- Reputation: Long-running companies likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Warranty: If you're worried about the endurance of your solar panels, ensuring your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Contract: It's important to look over your solar installer's contract closely to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
EcoWatch's Colesville, NY Solar Cost FAQs
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.