Solar Panel Cost Guide in Hartland, NY (2023 Update)
- Hartland Solar Installation Cost: $8,590
- 25-Year Savings: $7,215
- Payback Period: 13.6 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Hartland
Find out what the average cost of a solar system is in Hartland.
The national average cost of solar panels is $2.66 per watt, but in Hartland it's 2.95 per watt. Because a 4.2-kW system is needed to cover the energy consumption of a typical home in Hartland, the average price of going solar will be about $8,590 after claiming the federal solar tax credit of 30%.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar may look quite different based on your household energy needs, the type of solar panels you want to get, your solar contractor and more. Despite the large initial cost, the average Hartland homeowner can save about $14,000 on their energy bills over 20 years, which is one of the advantages of solar.
For a personalized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Hartland
| Year | Return on Investment |
|---|---|
| 1 years | $-7,958 |
| 3 years | $-6,694 |
| 5 years | $-5,429 |
| 7 years | $-4,165 |
| 9 years | $-2,901 |
| 11 years | $-1,636 |
| 13 years | $-372 |
| 15 years | $893 |
| 17 years | $2,157 |
| 19 years | $3,421 |
| 21 years | $4,686 |
| 23 years | $5,950 |
| 25 years | $7,215 |
Top Solar Installers in Hartland
Trying to put up solar panels on your own can be a time-consuming project, which is why hiring a solar installer is a good option for many homeowners. The payback period of solar panels will vary based on factors like your roof configuration and energy usage, but working with a solar installer can shorten that period. Your provider will be able to help you get the most out of incentives available in your area.
If you'd like to switch to solar energy but still aren't certain which solar panel company to go with, here are our recommendations for providers near you:
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 Hartland
Factors that Affect Solar Panel Costs in Hartland
Even though the average cost of a solar system in Hartland is $8,590, your final cost may be higher or lower than that. There are several factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation 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 $2,950. The brand of solar panels and equipment you choose is another factor that will largely influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Moreover, solar equipment goes beyond just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Hartland to be too expensive, even if the investment pays off over time. Fortunately, nearly every solar installer in the area provides financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also lead to paying more over time due to interest. It's wise to add the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
The solar installer you choose to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar panel companies operating throughout Hartland, and each can charge varying amounts for labor and equipment. Additionally, some companies in Hartland know more about local solar incentives and can help you learn about 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 end up saving you 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 | $3.07 | $12,886 | $9,913 | 14.1 years |
| 8 kW | $3.01 | $16,850 | $13,548 | 13.9 years |
| 10 kW | $2.95 | $20,650 | $17,347 | 13.6 years |
| 12 kW | $2.89 | $24,284 | $21,313 | 13.3 years |
| 14 kW | $2.83 | $27,754 | $25,443 | 13.0 years |
| 16 kW | $2.77 | $31,058 | $29,738 | 12.8 years |
| 18 kW | $2.71 | $34,196 | $34,199 | 12.5 years |
| 20 kW | $2.66 | $37,170 | $38,825 | 12.2 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because picking a company can be a tough decision, we have some tips to help you, such as:
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running smoothly and save you money on part replacement and repairs.
- Reputation: Long-standing companies likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Contract: When looking over your solar installer's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose impacts which solar panel brands you have access to.
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 Hartland, NY Solar Cost FAQs
What is the average cost of installing solar panels in Hartland?
This is a difficult question to answer precisely, because the cost depends on many factors. Generally 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 more efficient 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 Hartland?
Leasing solar panels can be an appealing choice, because it often comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better way to go if you want to maximize your savings.
How will solar panels impact my home value?
Solar panels can increase your property's value significantly as long as you buy or finance your panels and don't opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
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 typically 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.