Solar Panel Cost Guide in Jefferson Valley-Yorktown, NY (2024 Update)
- Jefferson Valley-Yorktown Solar Installation Cost: $10,696
- 25-Year Savings: $15,425
- Payback Period: 11.1 Years
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Average Cost of Solar Panels in Jefferson Valley-Yorktown
We go over average solar pricing in Jefferson Valley-Yorktown.
The national average cost of solar panels is $2.66 per watt, but in Jefferson Valley-Yorktown it’s 4 per watt.The average Jefferson Valley-Yorktown homeowner needs a 4.2-kilowatt system, which would cost about $10,696 with the federal tax credit, or $15,295 before the 0 tax credit is applied.
These figures are just estimates, and how much solar costs for you may vary based on your energy needs and what company you go with.Even with the large upfront cost, the average Jefferson Valley-Yorktown homeowner can save around $22,000 on their energy bills over 20 years, which is one of the benefits of solar.
Click the button below to get connected to a highly rated solar installer in your area for a personalized quote.
Solar savings over time in Jefferson Valley-Yorktown
| Year | Return on Investment |
|---|---|
| 1 years | $-8,816 |
| 3 years | $-5,057 |
| 5 years | $-1,298 |
| 7 years | $2,462 |
| 9 years | $6,221 |
| 11 years | $9,981 |
| 13 years | $13,740 |
| 15 years | $17,499 |
| 17 years | $21,259 |
| 19 years | $25,018 |
| 21 years | $28,777 |
| 23 years | $32,537 |
| 25 years | $36,296 |
Top Solar Installers in Jefferson Valley-Yorktown
Although you can install solar panels by yourself, it requires extra energy and knowledge. For that reason, almost all homeowners choose to go with a solar panel installer. The payback period on an investment in solar panels will vary based on factors like your location and energy usage, but working with a solar company can shorten it. Your provider will be able to help you apply for incentives available in your area.
If you're looking for a solar installer in Jefferson Valley-Yorktown, 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
See all of the solar companies in Jefferson Valley-Yorktown
Factors that Affect Solar Panel Costs in Jefferson Valley-Yorktown
Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that will push your cost above or below the average in Jefferson Valley-Yorktown: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. For that reason, it’s important to accurately assess 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 increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more over time on your power bills. Additionally, add-on products, like solar batteries, can bring your total well above the Jefferson Valley-Yorktown average.
Solar Financing Terms
Most solar installers in Jefferson Valley-Yorktown offer solar loans, which reduce your upfront costs of installing a solar system.When considering your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The remaining significant cost factor you should consider is the installer you choose. Given the booming popularity of renewable energy solutions in Jefferson Valley-Yorktown, you’ll have many options to choose from, but each comes at varying price points for labor and equipment.You may see national solar installers that have lower prices due to their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $18,554 | 11.6 years |
| 8 kW | $3.72 | $20,849 | $25,148 | 11.3 years |
| 10 kW | $3.65 | $25,550 | $31,946 | 11.1 years |
| 12 kW | $3.58 | $30,047 | $38,949 | 10.9 years |
| 14 kW | $3.50 | $34,339 | $46,155 | 10.7 years |
| 16 kW | $3.43 | $38,427 | $53,567 | 10.4 years |
| 18 kW | $3.36 | $42,311 | $61,182 | 10.2 years |
| 20 kW | $3.29 | $45,990 | $69,002 | 10.0 years |
How to Save on Solar Panels
The solar installer you choose will influence 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 some important things you should take into account, including:
- Reputation: Solar companies 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.
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you hire.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
- Contract: When looking through 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 part breaking or if the company goes out of business.
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 Jefferson Valley-Yorktown, NY Solar Cost FAQs
How much does it cost to install solar panels in Jefferson Valley-Yorktown?
The average cost of solar panels in Jefferson Valley-Yorktown is about $18,250 for a 5-kW system and $36,500 for a 10-kW system before the ITC, but the real cost will depend on things like the model of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider aside from cost when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Jefferson Valley-Yorktown have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future utility bills.
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 the amount of energy they produce will have decreased significantly after that point. You can choose to replace them after having them for that long or you can keep using 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.