Solar Panel Cost Guide in Hamptonburgh, NY (2024 Update)
- Hamptonburgh Solar Installation Cost: $11,058
- 25-Year Savings: $14,735
- Payback Period: 11.7 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Hamptonburgh
We go over average solar pricing in Hamptonburgh.
The average cost of solar panels in Hamptonburgh is 4 per watt.Using this figure, a typical 4.3-kW system would cost about $11,058 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy use, the type of equipment you want to get, your solar contractor and more.For many homeowners, the upfront investment in solar power is worth paying. On average you could be looking at about $21,000 in savings on electricity bills over 20 years.
For a free quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Hamptonburgh
Year | Return on Investment |
---|---|
1 years | $-9,794 |
3 years | $-7,268 |
5 years | $-4,742 |
7 years | $-2,215 |
9 years | $311 |
11 years | $2,838 |
13 years | $5,364 |
15 years | $7,890 |
17 years | $10,417 |
19 years | $12,943 |
21 years | $15,470 |
23 years | $17,996 |
25 years | $20,522 |
Top Solar Installers in Hamptonburgh
DIY solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Taking advantage of a solar company can make your swap to solar power much easier. Some solar installers, particularly local ones, can help you make the most of incentives in Hamptonburgh, optimizing your ROI.
If you’d like to start using solar energy but still aren’t certain which solar 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 Hamptonburgh
Factors that Affect Solar Panel Costs in Hamptonburgh
For many Hamptonburgh homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in Hamptonburgh, with typical prices between $20,000 to $40,000. There are a few factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. Because of that, it’s important to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.The type 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 in the long run on your power bills. Additionally, extra products, like solar batteries, can bump up your total well above the Hamptonburgh average.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are offered by most installers in Hamptonburgh, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also increases your overall costs, so it’s vital to consider that as well. You can always bring down the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar panels can influence your pricing. Hamptonburgh’s solar companies all have different labor costs and add varying upcharges to equipment. The company’s size can sometimes play the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing due to more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger 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 | $16,874 | 12.1 years |
8 kW | $3.72 | $20,849 | $22,908 | 11.9 years |
10 kW | $3.65 | $25,550 | $29,146 | 11.7 years |
12 kW | $3.58 | $30,047 | $35,588 | 11.4 years |
14 kW | $3.50 | $34,339 | $42,235 | 11.2 years |
16 kW | $3.43 | $38,427 | $49,086 | 11.0 years |
18 kW | $3.36 | $42,311 | $56,142 | 10.7 years |
20 kW | $3.29 | $45,990 | $63,402 | 10.5 years |
How to Save on Solar Panels
There are a large number of companies available in Hamptonburgh, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Warranty: If you’re concerned about the longevity of your solar system, making sure your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Solar Panel Brands: Different companies have different brands and types of panels. If you want a specific brand, make sure the solar company you’re considering has it.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, including when the site survey will be completed and how long it will take.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years most likely provide high-quality solar panel installation and expertise.
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 Hamptonburgh, NY Solar Cost FAQs
How much does it cost to install solar panels in Hamptonburgh?
This is a difficult question to answer exactly, 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. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in Hamptonburgh?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your home 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 bang for your buck from going solar.
Is going solar worth it?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and how much direct sunlight your roof gets.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally 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.