Solar Panel Cost Guide in Jerusalem, NY (2024 Update)
- Jerusalem Solar Installation Cost: $11,815
- 25-Year Savings: $5,251
- Payback Period: 20.0 Years
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Average Cost of Solar Panels in Jerusalem
Let’s take a look at the average cost of solar panels in Jerusalem.
In Jerusalem, solar panels cost about 4 per watt on average.Using this figure, a typical 4.6-kW system would cost about $11,815 before the 0 federal solar tax credit is applied.
The true cost of your system can go higher or lower than the average in Jerusalem depending on a variety of factors, such as the model of solar panels you choose and the solar contractor you hire.With typical savings of about $12,000 on power bills over 20 years, many homeowners in Jerusalem find going solar has a decent ROI.
To calculate your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Jerusalem
| Year | Return on Investment |
|---|---|
| 1 years | $-10,989 |
| 3 years | $-9,338 |
| 5 years | $-7,686 |
| 7 years | $-6,034 |
| 9 years | $-4,382 |
| 11 years | $-2,730 |
| 13 years | $-1,078 |
| 15 years | $573 |
| 17 years | $2,225 |
| 19 years | $3,877 |
| 21 years | $5,529 |
| 23 years | $7,181 |
| 25 years | $8,833 |
Top Solar Installers in Jerusalem
Many homeowners choose to use a solar panel company since figuring out how to install solar panels on your own can be a lot of work. Some solar installers, particularly local ones, can help you better understand incentives in Jerusalem, thereby optimizing your ROI.
Working with a licensed solar installer can help you make the most of your investment in solar. Here are our recommendations:
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 Jerusalem
Factors that Affect Solar Panel Costs in Jerusalem
Though the average cost of a solar system in Jerusalem is $11,815, your actual cost may differ. There are quite a few factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That’s why it’s important to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use.There are many different solar panel brands and the one you choose also changes the cost. Usually, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are offered by most installers in Jerusalem, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable.While solar loans make switching to solar energy more accessible for Jerusalem homeowners, they can also add to 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 cut back on how much interest you have to pay.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Jerusalem is the company you choose to install your solar system. Similar to choosing a company to renovate your kitchen, for example, there are plenty of solar installers that provide a range of services at different price points.Additionally, some companies in Jerusalem are more knowledgeable 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 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 | $3,259 | 20.8 years |
| 8 kW | $3.72 | $20,849 | $4,754 | 20.4 years |
| 10 kW | $3.65 | $25,550 | $6,454 | 20.0 years |
| 12 kW | $3.58 | $30,047 | $8,358 | 19.6 years |
| 14 kW | $3.50 | $34,339 | $10,466 | 19.2 years |
| 16 kW | $3.43 | $38,427 | $12,779 | 18.8 years |
| 18 kW | $3.36 | $42,311 | $15,296 | 18.4 years |
| 20 kW | $3.29 | $45,990 | $18,018 | 18.0 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the completion timeline.
- Solar Panel Brands: Different companies will offer various brands and types of panels. If you know you want a specific brand, make sure the solar installer you’re considering has it.
- Reputation: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Warranty: An all-inclusive, long-term warranty can help keep your solar panels running for a long time and save you money on part replacement and repairs.
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 Jerusalem, NY Solar Cost FAQs
What is the average cost of installing solar panels in Jerusalem?
The average cost of solar panels in Jerusalem 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 stuff like the type of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider other than 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.
How much can I save on energy bills after switching to solar?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Jerusalem, 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.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to account for their typical energy usage.
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.