Solar Panel Cost Guide in Endwell, NY (Mar 2023)
- Endwell Solar Installation Cost: $9,582
- 25-Year Savings: $5,218
- Payback Period: 16.2 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Endwell
We break down average solar pricing in Endwell.
Although the national average of solar panels is $2.66 per watt, solar panels in Endwell generally cost around 2.95. To cover the typical energy usage of the average home in Endwell, most homeowners require a 4.6-kilowatt system. Using the figure above, a solar installation costs around $9,582, or $13,702 before the federal solar tax credit of 30% is applied.
Bear in mind that the figures above are only estimates based on the average Endwell homeowner. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. With typical savings of about $12,000 on electricity bills over 20 years, many homeowners in Endwell find investing in solar can pay off big.
Click the button below to get connected to a vetted solar installer in your area for a custom estimate.
Solar savings over time in Endwell
| Year | Return on Investment |
|---|---|
| 1 years | $-8,990 |
| 3 years | $-7,806 |
| 5 years | $-6,622 |
| 7 years | $-5,438 |
| 9 years | $-4,254 |
| 11 years | $-3,070 |
| 13 years | $-1,886 |
| 15 years | $-702 |
| 17 years | $482 |
| 19 years | $1,666 |
| 21 years | $2,850 |
| 23 years | $4,034 |
| 25 years | $5,218 |
Top Solar Installers in Endwell
Many homeowners opt for a solar installer since installing solar panels on your own can be hard. The expertise that solar companies provide can be useful as well, especially if you don't quite know what kind of solar equipment you need.
Working with a licensed solar installer can make going solar easier. Here are our recommendations:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Endwell
Factors that Affect Solar Panel Costs in Endwell
The cost of installing a solar system in Endwell can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. For that reason, it's a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Endwell, where sunlight isn't as abundant, efficiency can quickly pay off. Also, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Endwell to be prohibitively steep, even if the investment pays off over time. Thankfully, almost every solar company in the area provides access to financing options. Solar loans greatly decrease upfront costs in most cases, but they also result in paying more over time because of interest. It's wise to include the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
The solar company you hire to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar panel companies operating throughout Endwell, and each can charge varying amounts for labor and equipment. Larger national companies typically have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
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 | $6,249 | 16.8 years |
| 8 kW | $3.01 | $16,850 | $8,662 | 16.5 years |
| 10 kW | $2.95 | $20,650 | $11,241 | 16.2 years |
| 12 kW | $2.89 | $24,284 | $13,984 | 15.9 years |
| 14 kW | $2.83 | $27,754 | $16,893 | 15.5 years |
| 16 kW | $2.77 | $31,058 | $19,967 | 15.2 years |
| 18 kW | $2.71 | $34,196 | $23,207 | 14.9 years |
| 20 kW | $2.66 | $37,170 | $26,611 | 14.6 years |
How to Save on Solar Panels
Since the type of solar panels and the company you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: Though reading through a contract can be tedious, it's important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Warranty: Companies typically offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: Make sure you're on the same page with the company regarding how the installation process will go and what needs to be done before your solar system is installed, such as repairing your electrical system or roof.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you choose.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Endwell, NY Solar Cost FAQs
How much does it cost to install solar panels in Endwell?
This is a hard question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $14,750 for a 5-kW system and $29,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have above-average energy consumption. On the other hand, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Are solar panels free in Endwell?
A solar panel system isn't free in Endwell, 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 you can take advantage of.
Is going solar worth it?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
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 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.