Solar Panel Cost Guide in Kinderhook, NY (2023 Update)
- Kinderhook Solar Installation Cost: $11,344
- 25-Year Savings: $6,335
- Payback Period: 18.3 Years
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Updated October 25, 2023
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Average Cost of Solar Panels in Kinderhook
Here's how much it might cost to make the switch to solar in Kinderhook.
In Kinderhook, solar panels cost about 2.95 per watt on average.The average Kinderhook homeowner needs a 4.4-kilowatt system, which would cost about $9,169 with the federal tax credit, or $13,112 before the 30% tax credit is applied.
Remember that the numbers above are only averages. The price you'll pay for solar will differ based on your household energy consumption, the type of equipment you want, your solar contractor and more.Many homeowners find installing a solar system is a rewarding investment. The average homeowner in Kinderhook can save around $13,000 on their electricity bills over 20 years.
Click the button below to get connected to a highly rated solar panel company in Kinderhook for a customized estimate.
Solar savings over time in Kinderhook
Year | Return on Investment |
---|---|
1 years | $-10,431 |
3 years | $-8,604 |
5 years | $-6,777 |
7 years | $-4,950 |
9 years | $-3,124 |
11 years | $-1,297 |
13 years | $530 |
15 years | $2,357 |
17 years | $4,183 |
19 years | $6,010 |
21 years | $7,837 |
23 years | $9,664 |
25 years | $11,490 |
Top Solar Installers in Kinderhook
Installing solar panels on your own can be a difficult project, which is why using a solar installation company is a good option for many homeowners. Solar warranties and repairs are usually included in the cost of installation when you go with a solar contractor too, which can save you more money over time.
If you're looking for a solar company in Kinderhook, the EcoWatch team has put together 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
See all of the solar companies in Kinderhook
Factors that Affect Solar Panel Costs in Kinderhook
Cost is usually one of the most important factors for homeowners wanting to invest in solar. There are a few primary factors that affect your total cost in Kinderhook: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to pay about $2,950 per kilowatt in Kinderhook.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Kinderhook, where sunlight isn't as abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are provided by most installers in Kinderhook, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible.While solar loans make going solar more accessible for Kinderhook 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 avoid paying as much in interest.
Solar Panel Installation Company
The final significant cost factor you should keep in mind is the installer you choose. Given the growing popularity of sustainable energy solutions in Kinderhook, you'll have plenty of options to choose from, but each comes at varying price points for labor and equipment.Larger national companies usually have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric car 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 | $3.80 | $15,943 | $5,007 | 19.0 years |
8 kW | $3.72 | $20,849 | $7,085 | 18.7 years |
10 kW | $3.65 | $25,550 | $9,368 | 18.3 years |
12 kW | $3.58 | $30,047 | $11,855 | 17.9 years |
14 kW | $3.50 | $34,339 | $14,546 | 17.6 years |
16 kW | $3.43 | $38,427 | $17,441 | 17.2 years |
18 kW | $3.36 | $42,311 | $20,541 | 16.8 years |
20 kW | $3.29 | $45,990 | $23,846 | 16.5 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 decide on the right company for you, here are some tips to keep in mind:
- Contract: Even though reading through a contract can be tedious, it's important to do it thoroughly so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Solar Panel Brands: Different companies will carry various brands and types of panels. If you prefer a specific brand, make sure the solar panel installer you're considering has it.
- Warranty: Companies typically offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: Make sure you're on the same page with the company in regard to how the installation process will go and what you need to do before your solar system is installed, such as repairing your electrical system or roof.
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 Kinderhook, NY Solar Cost FAQs
How much does it cost to install solar panels in Kinderhook?
The average cost of solar panels in Kinderhook 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 stuff such as 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 Kinderhook?
You can't get solar panels for free in Kinderhook. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and the amount of direct sunlight your roof gets.
How long do solar panels last in Kinderhook?
Though 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 their energy production will have decreased significantly after that point. You can choose to replace them once you've had them for that long or you can continue to use 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.