Solar Panel Cost Guide in Elmsford, NY (2025 Update)
- Elmsford Solar Installation Cost: $10,696
- 25-Year Savings: $24,695
- Payback Period: 8.0 Years
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Average Cost of Solar Panels in Elmsford
See how much it might cost to install solar panels in Elmsford.
In Elmsford, solar panels cost about 4 per watt on average.The average Elmsford homeowner needs a 4.2-kilowatt system, which would cost about $10,696 with the federal tax credit, or $15,295 before the 0 tax credit is applied.
These figures are only estimates, and the cost of going solar for you will differ based on your energy needs and what company you go with.Despite the significant initial cost, the average Elmsford homeowner can save about $30,000 on their electricity bills over 20 years, which is one of the perks of solar.
Click the button below to get connected to a vetted solar installer in your area for a customized quote.
Solar savings over time in Elmsford
Year | Return on Investment |
---|---|
1 years | $-8,816 |
3 years | $-5,057 |
5 years | $-1,298 |
7 years | $2,462 |
9 years | $6,221 |
11 years | $9,981 |
13 years | $13,740 |
15 years | $17,499 |
17 years | $21,259 |
19 years | $25,018 |
21 years | $28,777 |
23 years | $32,537 |
25 years | $36,296 |
Top Solar Installers in Elmsford
When making the switch to solar, many homeowners choose to use a solar company since putting up solar panels yourself can be a time-consuming project. Companies can also have access to a large variety of the best solar panels and help you choose which one will be right for your home.
Working with a vetted solar company can make going solar easier. Here are our recommendations:
See all of the solar companies in Elmsford
Factors that Affect Solar Panel Costs in Elmsford
While the average cost of a solar system in Elmsford is $10,696, your actual cost may differ. There are quite a few factors that can have a significant impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.
Solar Equipment
The size of the solar panel system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $3,650. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Elmsford, 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
For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are available from most installers in Elmsford, which can lower, or in some cases eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also adds to your total costs, so it’s crucial to keep that in mind as well. You can always bring down the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The final major cost factor you should take into consideration is the installer you choose. Given the booming popularity of sustainable energy solutions in Elmsford, you’ll have a great number of options to choose from, but each comes at varying price points for labor and equipment.You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk pricing, 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 | $31,840 | 8.3 years |
8 kW | $3.72 | $20,849 | $42,863 | 8.2 years |
10 kW | $3.65 | $25,550 | $54,089 | 8.0 years |
12 kW | $3.58 | $30,047 | $65,520 | 7.9 years |
14 kW | $3.50 | $34,339 | $77,156 | 7.7 years |
16 kW | $3.43 | $38,427 | $88,995 | 7.5 years |
18 kW | $3.36 | $42,311 | $101,040 | 7.4 years |
20 kW | $3.29 | $45,990 | $113,288 | 7.2 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years most likely offer high-quality solar panel installation and expertise.
- Solar Panel Brands: The kind of solar panel you need plays a part in which company you should go with, since different companies have access to different panels.
- Contract: Although reading through a contract can take a lot of time, it’s important to do it thoroughly so you can make sure you understand what services your solar company will provide and the terms of the warranty.
- Warranty: If you’re concerned about the durability of your solar panels, verifying that your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
EcoWatch's Elmsford, NY Solar Cost FAQs
What is the average cost of installing solar panels in Elmsford?
The average cost of solar panels in Elmsford 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 model of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Elmsford?
You can’t get solar panels for free in Elmsford. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Is switching to solar power worth it?
Solar panels can be a great investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already fairly low, solar panels might not be for you.
How long do solar panels last in Elmsford?
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 higher 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.