Solar Panel Cost Guide in Grandyle Village, NY (2024 Update)
- Grandyle Village Solar Installation Cost: $11,696
- 25-Year Savings: $6,754
- Payback Period: 18.0 Years
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Average Cost of Solar Panels in Grandyle Village
We go over average solar pricing in Grandyle Village.
In Grandyle Village, solar panels cost about 4 per watt on average.Because a 4.6-kW system is needed to cover the energy usage of a typical home in Grandyle Village, the average price of going solar will be about $11,696 after claiming the federal solar tax credit of 0.
These figures are just estimates, and your own solar costs will most likely differ based on your specific situation and what company you want to go with.Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Grandyle Village can save around $13,000 on their power bills over 20 years.
You can click the button below to get connected with a top solar company in Grandyle Village for a quote for your home.
Solar savings over time in Grandyle Village
| Year | Return on Investment |
|---|---|
| 1 years | $-10,787 |
| 3 years | $-8,970 |
| 5 years | $-7,153 |
| 7 years | $-5,336 |
| 9 years | $-3,519 |
| 11 years | $-1,702 |
| 13 years | $116 |
| 15 years | $1,933 |
| 17 years | $3,750 |
| 19 years | $5,567 |
| 21 years | $7,384 |
| 23 years | $9,201 |
| 25 years | $11,018 |
Top Solar Installers in Grandyle Village
Installing solar panels by yourself can be a time-consuming undertaking, which is why getting a solar installer is a good option for many homeowners. Plus, warranties and repairs from your solar panel company can protect your investment and lower the cost of maintenance over the lifespan of your panels.
If you're on the hunt for a solar installer in Grandyle Village, the EcoWatch team has compiled a list of our top suggestions here:
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Grandyle Village
Factors that Affect Solar Panel Costs in Grandyle Village
For many Grandyle Village homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in Grandyle Village, 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
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to spend around $3,650 per kilowatt in Grandyle Village.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Grandyle Village, where sunlight isn’t as abundant, efficiency can quickly pay off. Plus, 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
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are provided by most installers in Grandyle Village, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable.While solar loans make switching to solar energy more accessible for Grandyle Village homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The remaining key cost factor you should keep in mind is the installer you choose. Given the growing popularity of sustainable energy solutions in Grandyle Village, you’ll have many options to choose from, but each comes at different price points for labor and equipment.Additionally, some companies in Grandyle Village are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
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 | $5,299 | 18.8 years |
| 8 kW | $3.72 | $20,849 | $7,475 | 18.4 years |
| 10 kW | $3.65 | $25,550 | $9,854 | 18.0 years |
| 12 kW | $3.58 | $30,047 | $12,438 | 17.7 years |
| 14 kW | $3.50 | $34,339 | $15,227 | 17.3 years |
| 16 kW | $3.43 | $38,427 | $18,220 | 17.0 years |
| 18 kW | $3.36 | $42,311 | $21,417 | 16.6 years |
| 20 kW | $3.29 | $45,990 | $24,819 | 16.2 years |
How to Save on Solar Panels
Since the model 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 select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Warranty: If you’re worried about the durability of your solar panels, ensuring your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to get the job done well. Another way you can research your installer’s reputation is by reading reviews.
- Contract: Review the contract terms thoroughly to make sure you understand the cost breakdown, completion timeline rebates and warranties.
- Solar Panel Brands: Not all solar companies 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 hire.
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Grandyle Village, NY Solar Cost FAQs
What is the average cost of installing solar panels in Grandyle Village?
The average cost of solar panels in Grandyle Village 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 stuff like the model of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Grandyle Village?
Leasing solar panels can be an option if you can’t pay upfront or secure a solar loan, but since you don’t own the system, you can’t take advantage of 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.
Can you sell solar power back to the grid in Grandyle Village?
The majority of states have net metering programs of some kind. Through these, you can get paid for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
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 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.
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.