Solar Panel Cost Guide in Jamestown, NY (2024 Update)
- Jamestown Solar Installation Cost: $11,849
- 25-Year Savings: $4,502
- Payback Period: 21.0 Years
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Average Cost of Solar Panels in Jamestown
Find out what the average cost of solar panel installation is in Jamestown.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Jamestown, the average cost of solar panels is 4 per watt.Because a 4.6-kW system is needed to cover the energy consumption of a typical home in Jamestown, the average price of going solar will be about $11,849 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of making the switch to solar can vary quite a bit based on multiple factors, such as what size system you need, your energy usage and what installation company you go with.But, after you've paid the upfront cost of installation, the return on investment for most homeowners is quite fruitful, with a net average savings of about $12,000 over 20 years on utility bills.
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 Jamestown
| Year | Return on Investment |
|---|---|
| 1 years | $-10,940 |
| 3 years | $-9,123 |
| 5 years | $-7,306 |
| 7 years | $-5,489 |
| 9 years | $-3,672 |
| 11 years | $-1,855 |
| 13 years | $-38 |
| 15 years | $1,780 |
| 17 years | $3,597 |
| 19 years | $5,414 |
| 21 years | $7,231 |
| 23 years | $9,048 |
| 25 years | $10,865 |
Top Solar Installers in Jamestown
When making the switch to solar, many homeowners prefer to go with a solar company since putting up a solar system yourself can be a challenging project. Plus, warranties and repairs from your solar panel company can protect your investment and reduce the cost of maintenance over time.
You can work with a local solar installer to get a free quote on the cost of solar panels for your home. Here are some in Jamestown:
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 Jamestown
Factors that Affect Solar Panel Costs in Jamestown
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few key factors that will push your cost above or below the average in Jamestown: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. Because of that, it’s a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.The type of solar panels and equipment you want is another factor that will substantially impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Moreover, solar equipment goes beyond just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when researching a solar system that’s in your budget.
Solar Financing Terms
Most solar companies in Jamestown provide solar loans, which reduce your upfront costs of installing solar panels.When figuring out your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar company you choose to handle your switch to renewable energy can play a role in your total costs. There are about 3 solar panel companies in Jamestown, and each can charge different amounts for labor and equipment.Additionally, some companies in Jamestown know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. 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 | $2,271 | 21.9 years |
| 8 kW | $3.72 | $20,849 | $3,437 | 21.5 years |
| 10 kW | $3.65 | $25,550 | $4,807 | 21.0 years |
| 12 kW | $3.58 | $30,047 | $6,382 | 20.6 years |
| 14 kW | $3.50 | $34,339 | $8,161 | 20.2 years |
| 16 kW | $3.43 | $38,427 | $10,144 | 19.8 years |
| 18 kW | $3.36 | $42,311 | $12,332 | 19.4 years |
| 20 kW | $3.29 | $45,990 | $14,724 | 18.9 years |
How to Save on Solar Panels
The solar installer you opt for will affect not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should keep in mind, including:
- Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Solar Panel Brands: The brand of solar panel you want to install plays a role in which company you should opt for, since different companies have different panels.
- Warranty: If you’re concerned about the durability of your solar system, checking if your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: Well-established companies likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
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 Jamestown, NY Solar Cost FAQs
How much does it cost to install solar panels in Jamestown?
The average cost of solar panels in Jamestown 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 like the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Jamestown?
A solar panel system isn’t free in Jamestown, but there are some options that can make getting them more viable, 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 significantly reduce my power bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Jamestown, 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 contact 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 what solar panel system size you need, you need to know how much energy your home requires 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 house 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.