Solar Panel Cost Guide in Fort Ann, NY (2023 Update)
- Fort Ann Solar Installation Cost: $9,507
- 25-Year Savings: $6,278
- Payback Period: 15.1 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Fort Ann
Find out what the average cost of solar panel installation is in Fort Ann.
While the national average of solar panels is $2.66 per watt, solar panels in Fort Ann typically cost around 2.95. Using this figure, a typical 4.6-kW system would cost about $9,499 before the 30% federal solar tax credit is applied.
The actual price you pay can be higher or lower than the average in Fort Ann based on a variety of factors, such as the kind of solar panels you choose and the solar contractor you hire. Even with the large initial cost, the average Fort Ann homeowner can save around $13,000 on their energy bills over 20 years, which is one of the advantages of solar.
Click the button below to get connected to a highly rated solar panel company in your area for a customized quote.
Solar savings over time in Fort Ann
| Year | Return on Investment |
|---|---|
| 1 years | $-9,454 |
| 3 years | $-9,349 |
| 5 years | $-9,244 |
| 7 years | $-9,139 |
| 9 years | $-9,033 |
| 11 years | $-8,928 |
| 13 years | $-8,823 |
| 15 years | $-8,718 |
| 17 years | $-8,613 |
| 19 years | $-8,507 |
| 21 years | $-8,402 |
| 23 years | $-8,297 |
| 25 years | $-8,192 |
Top Solar Installers in Fort Ann
Trying to put up solar panels on your own can be a difficult task, which is why getting a solar installer is a good option for many homeowners. Local solar companies can also help you optimize your return on investment by walking you through any local incentives and by offering warranties and repairs.
There are a number of licensed solar professionals that can take care of your solar installation project. 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 Fort Ann
Factors that Affect Solar Panel Costs in Fort Ann
The cost of installing a solar system in Fort Ann can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power production use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,950. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Fort Ann, where sunlight isn't as abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited 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
Most solar companies in Fort Ann offer solar loans, which reduce your upfront costs of installing solar. However, the interest on solar loans also increases your total costs, so it's important to keep that in mind 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 solar installer you choose will affect your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor. Companies that 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 find a 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 | $7,686 | 15.7 years |
| 8 kW | $3.01 | $16,850 | $10,578 | 15.4 years |
| 10 kW | $2.95 | $20,650 | $13,636 | 15.1 years |
| 12 kW | $2.89 | $24,284 | $16,858 | 14.8 years |
| 14 kW | $2.83 | $27,754 | $20,246 | 14.5 years |
| 16 kW | $2.77 | $31,058 | $23,799 | 14.2 years |
| 18 kW | $2.71 | $34,196 | $27,518 | 13.9 years |
| 20 kW | $2.66 | $37,170 | $31,401 | 13.6 years |
How to Save on Solar Panels
Since the model of solar panels and the installer you choose significantly influences your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like the EcoWatch team.
- Warranty: A comprehensive, 25-year warranty can help keep your solar system running for a long time and save you money on part replacement and repairs.
- Contract: Before you sign a contract with a solar company, be sure to look it over carefully so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a considerable 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
EcoWatch's Fort Ann, NY Solar Cost FAQs
How much does it cost to install solar panels in Fort Ann?
This is a tough 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 higher quality panels, or if you have above-average energy consumption. On the flip side, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
What other factors should I consider aside from cost when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels eliminate my electricity bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $685.71 per year.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.