Solar Panel Cost Guide in East Greenbush, NY (2024 Update)
- East Greenbush Solar Installation Cost: $11,657
- 25-Year Savings: $6,082
- Payback Period: 18.8 Years
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Average Cost of Solar Panels in East Greenbush
Find out what the average cost of solar panel installation is in East Greenbush.
Currently, the national average cost of solar panels is $2.66 per watt. However, in East Greenbush, the typical cost of a solar system is 4 per watt.The average solar panel system size in East Greenbush is around 4.6 kilowatts, meaning a cost of about $11,657 for a solar installation, or $16,670 before the 0 federal solar tax credit is applied.
How much you pay can go higher or lower than the average in East Greenbush depending on several factors, such as the type of solar panels you choose and the solar company you hire.But, after you've paid the initial cost of installation, the savings for most homeowners is usually fruitful, with a net average savings of about $13,000 over 20 years on utility bills.
To calculate your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in East Greenbush
| Year | Return on Investment |
|---|---|
| 1 years | $-10,721 |
| 3 years | $-8,851 |
| 5 years | $-6,980 |
| 7 years | $-5,110 |
| 9 years | $-3,239 |
| 11 years | $-1,369 |
| 13 years | $501 |
| 15 years | $2,372 |
| 17 years | $4,242 |
| 19 years | $6,113 |
| 21 years | $7,983 |
| 23 years | $9,854 |
| 25 years | $11,724 |
Top Solar Installers in East Greenbush
Although you can install solar panels yourself, it takes extra effort and knowledge. That's why the majority of homeowners choose to go with a solar panel installer. Another perk of going with a solar installer is that they can help you optimize your investment by bringing down your future costs of repairs and replacements with the help of warranties and helping you learn about local incentives you can take advantage of.
Working with a licensed solar company can help your solar project go smoothly. Here are our recommendations:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
See all of the solar companies in East Greenbush
Factors that Affect Solar Panel Costs in East Greenbush
For many East Greenbush homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in East Greenbush, with typical prices between $20,000 to $40,000. There are several factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. Because of that, it’s crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.There are a lot of different solar panel brands and the one you pick also affects the cost. Generally, the brands that have better efficiency tend to also cost more. Plus, the type of equipment you’re looking to get can affect your total cost. If you only need panels, your system will be much 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 challenging. Solar loans are available from most installers in East Greenbush, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable.However, the interest on solar loans also increases your total costs, so it’s crucial to consider that as well. You can always reduce the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The final major cost factor you should keep in mind is the installer you choose. Given the growing popularity of renewable energy solutions in East Greenbush, you’ll have lots of options to choose from, but each comes at various price points for labor and equipment.You may see 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 | $3.80 | $15,943 | $4,446 | 19.5 years |
| 8 kW | $3.72 | $20,849 | $6,337 | 19.2 years |
| 10 kW | $3.65 | $25,550 | $8,432 | 18.8 years |
| 12 kW | $3.58 | $30,047 | $10,731 | 18.4 years |
| 14 kW | $3.50 | $34,339 | $13,235 | 18.0 years |
| 16 kW | $3.43 | $38,427 | $15,943 | 17.7 years |
| 18 kW | $3.36 | $42,311 | $18,856 | 17.3 years |
| 20 kW | $3.29 | $45,990 | $21,973 | 16.9 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 select the right company for you, here are some tips to keep in mind:
- Warranty: If you’re worried about the endurance of your solar energy system, verifying that your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, longevity and energy efficiency. They will come at different costs as well. The company you choose impacts which solar panel brands you have access to.
- Contract: Before signing a contract with a solar company, be sure to read it through 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 if there are any guarantees about energy production.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
EcoWatch's East Greenbush, NY Solar Cost FAQs
What is the average cost of installing solar panels in East Greenbush?
The average cost of solar panels in East Greenbush 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 type of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in East Greenbush?
A solar panel system isn’t free in East Greenbush, 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 can further reduce the cost.
Can solar panels eliminate my electricity bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout East Greenbush, 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, solar panels can last 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 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.