Solar Panel Cost Guide in Jerusalem, NY (Mar 2023)
- Jerusalem Solar Installation Cost: $9,540
- 25-Year Savings: $5,260
- Payback Period: 16.1 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Jerusalem
Here's how much it might cost to make the switch to solar in Jerusalem.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Jerusalem, the average cost of a solar system is 2.95 per watt. Because a 4.6-kW system is needed to cover the energy needs of a typical home in Jerusalem, the average price of going solar will be about $9,540 after claiming the federal solar tax credit of 30%.
The true cost of your system can be above or below the average in Jerusalem depending on a variety of factors, such as the brand of solar panels you choose and the solar contractor you hire. For most homeowners, the upfront investment in solar panels is worth paying. On average Jerusalem homeowners see about $12,000 in savings on energy bills over 20 years.
Click the button below to get connected to a top solar panel company in Jerusalem for a customized estimate.
Solar savings over time in Jerusalem
| Year | Return on Investment |
|---|---|
| 1 years | $-8,948 |
| 3 years | $-7,764 |
| 5 years | $-6,580 |
| 7 years | $-5,396 |
| 9 years | $-4,212 |
| 11 years | $-3,028 |
| 13 years | $-1,844 |
| 15 years | $-660 |
| 17 years | $524 |
| 19 years | $1,708 |
| 21 years | $2,892 |
| 23 years | $4,076 |
| 25 years | $5,260 |
Top Solar Installers in Jerusalem
Putting up solar panels yourself can be a difficult project, which is why using a solar installer is a good option for many homeowners. The payback period on a solar system will vary depending on factors like your roof configuration and energy use, but working with a solar installer can shorten that period. Your provider will be able to help you identify incentives available in your area.
Working with a professional solar company can make going solar easier. 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 Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Jerusalem
Factors that Affect Solar Panel Costs in Jerusalem
Although the average cost of a solar system in Jerusalem is $9,540, your actual cost may differ. There are quite a few factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with better 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. There are several different solar panel brands and the one you choose also affects the cost. Generally speaking, the brands that offer higher efficiency tend to also cost more. In addition, the type of equipment you're looking to get can affect your total cost. If you just 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 panels out of pocket can be difficult. Solar loans are offered by most installers in Jerusalem, which can lower, or in some cases totally eliminate, your upfront costs to make solar more affordable. You'll have to consider the long-term cost of financing options, including the total interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The solar installer you select will influence your total cost to make the switch to solar . Different companies will charge different amounts for the equipment and labor. Larger national companies typically have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.
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 | $6,317 | 16.8 years |
| 8 kW | $3.01 | $16,850 | $8,753 | 16.5 years |
| 10 kW | $2.95 | $20,650 | $11,354 | 16.1 years |
| 12 kW | $2.89 | $24,284 | $14,120 | 15.8 years |
| 14 kW | $2.83 | $27,754 | $17,052 | 15.5 years |
| 16 kW | $2.77 | $31,058 | $20,149 | 15.2 years |
| 18 kW | $2.71 | $34,196 | $23,411 | 14.8 years |
| 20 kW | $2.66 | $37,170 | $26,838 | 14.5 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Contract: It's important to read your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
- Solar Panel Brands: The brand of solar panel you'd like plays a part in which installer you should choose, since different companies offer different panels.
- Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like EcoWatch.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Jerusalem, NY Solar Cost FAQs
How much does it cost to install solar panels in Jerusalem?
The average cost of solar panels in Jerusalem is about $14,750 for a 5-kW system and $29,500 for a 10-kW system before the ITC, but the actual cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
The upfront cost is a key factor to consider, but whether it's the most important for you depends on your reasons for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
How will solar panels impact the value of my home?
Solar panels can increase your home value considerably 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 solar panels."
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.