Solar Panel Cost Guide in Gouverneur, NY (2024 Update)
- Gouverneur Solar Installation Cost: $12,141
- 25-Year Savings: $6,395
- Payback Period: 18.7 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Gouverneur
Find out how much it might cost to install solar panels in Gouverneur.
While the national average of solar panels is $2.66 per watt, solar panels in Gouverneur generally cost about 4.Using this figure, a typical 4.8-kW system would cost about $12,141 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar will differ based on your household energy consumption, the type of solar system you choose, your solar contractor and more.Many homeowners find adopting solar power is a solid investment. The average homeowner in Gouverneur can save around $13,000 on their electricity bills over 20 years.
To get a free estimate from a pre-vetted solar installer in Gouverneur, you can click the button below.
Solar savings over time in Gouverneur
| Year | Return on Investment |
|---|---|
| 1 years | $-11,232 |
| 3 years | $-9,415 |
| 5 years | $-7,598 |
| 7 years | $-5,781 |
| 9 years | $-3,964 |
| 11 years | $-2,147 |
| 13 years | $-329 |
| 15 years | $1,488 |
| 17 years | $3,305 |
| 19 years | $5,122 |
| 21 years | $6,939 |
| 23 years | $8,756 |
| 25 years | $10,574 |
Top Solar Installers in Gouverneur
When switching to solar energy, many homeowners decide to use a solar company since DIY solar panel installation can be a difficult project. Companies can also have access to various kinds of the best solar panels and help you pick which one will be best for your family.
If you’d like to make the switch to solar but still aren’t certain which solar system company to go with, here are our recommendations for providers nearby:
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 Gouverneur
Factors that Affect Solar Panel Costs in Gouverneur
For many Gouverneur homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in Gouverneur, with typical prices between $20,000 to $40,000. There are a number of factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the cost of solar panels in Gouverneur, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy usage, which you can figure out by looking at past electricity bills. Your overall cost can increase by about $3,650 for each additional kilowatt you need.The brand and type of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Most solar companies in Gouverneur offer solar loans, which reduce the initial cost of installing solar panels.Even though solar loans make going solar more accessible for Gouverneur homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
Finally, the company you get to install your solar panels can impact how much you pay. Gouverneur’s solar companies all have different labor costs and add varying upcharges to equipment. 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 cost more. It’s best to do some research and find a company that has the products, warranties and services you’re looking for and also is 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 | $3.80 | $15,943 | $4,521 | 19.5 years |
| 8 kW | $3.72 | $20,849 | $6,437 | 19.1 years |
| 10 kW | $3.65 | $25,550 | $8,557 | 18.7 years |
| 12 kW | $3.58 | $30,047 | $10,881 | 18.4 years |
| 14 kW | $3.50 | $34,339 | $13,410 | 18.0 years |
| 16 kW | $3.43 | $38,427 | $16,144 | 17.6 years |
| 18 kW | $3.36 | $42,311 | $19,082 | 17.2 years |
| 20 kW | $3.29 | $45,990 | $22,224 | 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 decide on the right company for you, here are some tips to keep in mind:
- Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
- Warranty: If you’re concerned about the longevity of your solar energy system, checking if your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. Even though there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to take a look at their list of options before deciding.
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 Gouverneur, NY Solar Cost FAQs
How much does it cost to install solar panels in Gouverneur?
This is a hard question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $18,250 for a 5-kW system and $36,500 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Should I lease or buy solar panels in Gouverneur?
Leasing solar panels can be an option if you can’t afford to pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
How will having solar panels impact how much my home is worth?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Gouverneur is currently $121,630, so you can look forward to a value of about $4,987 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Gouverneur is a rewarding investment.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can continue to use them at a lower efficiency.
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.