Solar Panel Cost Guide in Frankfort, NY (2024 Update)
- Frankfort Solar Installation Cost: $11,934
- 25-Year Savings: $5,959
- Payback Period: 19.1 Years
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Average Cost of Solar Panels in Frankfort
Find out what the average cost of solar panel installation is in Frankfort.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Frankfort, the average cost of a solar system is 4 per watt.Using this figure, a typical 4.7-kW system would cost about $11,934 before the 0 federal solar tax credit is applied.
How much you pay can be higher or lower than the average in Frankfort based on a variety of factors, such as the kind of solar panels you choose and the solar installer you hire.Many homeowners find going solar is a rewarding investment. The average homeowner in Frankfort can save about $13,000 on their energy bills over 20 years.
To receive a free estimate from a top solar installation company in Frankfort, you can click the button below.
Solar savings over time in Frankfort
| Year | Return on Investment |
|---|---|
| 1 years | $-11,087 |
| 3 years | $-9,394 |
| 5 years | $-7,701 |
| 7 years | $-6,008 |
| 9 years | $-4,314 |
| 11 years | $-2,621 |
| 13 years | $-928 |
| 15 years | $765 |
| 17 years | $2,458 |
| 19 years | $4,151 |
| 21 years | $5,845 |
| 23 years | $7,538 |
| 25 years | $9,231 |
Top Solar Installers in Frankfort
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Going with a solar panel installer can make swapping over to solar power much easier. Since solar panels are exposed to the elements every day, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by reducing potential costs down the line.
If you're searching for a solar installer in Frankfort, we've organized a list of our top suggestions here:
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 Frankfort
Factors that Affect Solar Panel Costs in Frankfort
The cost of installing a solar system in Frankfort 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 the equipment you choose, financing options and the solar company you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production require 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 $3,650.The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your power bills. Additionally, extra products, such as solar batteries, can bump up your total well above the Frankfort average.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are offered by most installers in Frankfort, which can lower, or in some cases eliminate, your upfront costs to make solar more accessible.It’s a good idea to add the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
The solar company you choose will influence your total cost to go solar. Different companies will bill different amounts for the equipment and labor.You may see national solar installers that have lower prices due to their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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 | $4,102 | 19.9 years |
| 8 kW | $3.72 | $20,849 | $5,878 | 19.5 years |
| 10 kW | $3.65 | $25,550 | $7,858 | 19.1 years |
| 12 kW | $3.58 | $30,047 | $10,043 | 18.7 years |
| 14 kW | $3.50 | $34,339 | $12,432 | 18.4 years |
| 16 kW | $3.43 | $38,427 | $15,026 | 18.0 years |
| 18 kW | $3.36 | $42,311 | $17,824 | 17.6 years |
| 20 kW | $3.29 | $45,990 | $20,826 | 17.2 years |
How to Save on Solar Panels
There are a lot of 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:
- Contract: It’s important to look over your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about your solar system’s energy production.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project timeline.
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years likely provide quality solar panel installation and expertise.
- Solar Panel Brands: Different companies will carry various brands and kinds of panels. If you know you want a specific brand, make sure the solar installer you’re considering has it.
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 Frankfort, NY Solar Cost FAQs
How much does it cost to install solar panels in Frankfort?
The average cost of solar panels in Frankfort 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 such as the type of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Frankfort?
Solar panels aren’t free in Frankfort, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Can solar panels completely eradicate my power bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Frankfort, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
To figure out how many solar panels 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.