Solar Panel Cost Guide in Kingsbury, NY (2024 Update)
- Kingsbury Solar Installation Cost: $11,763
- 25-Year Savings: $6,419
- Payback Period: 18.5 Years
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Average Cost of Solar Panels in Kingsbury
Find out what the average cost of solar panels are in Kingsbury.
The average cost of a solar system in Kingsbury is 4 per watt.Since a 4.6-kW system is needed to cover the energy usage of a typical home in Kingsbury, the average price of going solar will be about $11,763 after claiming the federal solar tax credit of 0.
These figures are just estimates, and the cost of going solar for you will differ based on the amount of energy your home requires and what company you choose to go with.Many homeowners find adopting solar power is a rewarding investment. The average homeowner in Kingsbury can save about $13,000 on their power bills over 20 years.
You can click the button below to get connected with a pre-vetted solar company in Kingsbury that can help you get a more accurate cost estimate for your home.
Solar savings over time in Kingsbury
| Year | Return on Investment |
|---|---|
| 1 years | $-10,875 |
| 3 years | $-9,099 |
| 5 years | $-7,323 |
| 7 years | $-5,548 |
| 9 years | $-3,772 |
| 11 years | $-1,996 |
| 13 years | $-220 |
| 15 years | $1,556 |
| 17 years | $3,332 |
| 19 years | $5,107 |
| 21 years | $6,883 |
| 23 years | $8,659 |
| 25 years | $10,435 |
Top Solar Installers in Kingsbury
Many homeowners opt for a solar installer since trying to install solar panels on your own can be a labor-intensive endeavor. Some solar companies, particularly local ones, can help you better understand incentives in Kingsbury, thereby optimizing your ROI.
If you're on the hunt for a solar installer in Kingsbury, we've 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 Kingsbury
Factors that Affect Solar Panel Costs in Kingsbury
The cost of installing a solar system in Kingsbury can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power generation require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,650.The kind of solar panels and equipment you get is another factor that will significantly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more pricey. Furthermore, solar equipment consists of more than just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking for a solar system that falls within your budget.
Solar Financing Terms
Most solar installers in Kingsbury 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 a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Kingsbury is the company you choose to install your PV system. Similar to choosing a company to renovate your kitchen, for instance, there are plenty of solar installers that offer a range of services for different budgets.The size of the company can sometimes play the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger companies.
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 | $4,812 | 19.2 years |
| 8 kW | $3.72 | $20,849 | $6,824 | 18.8 years |
| 10 kW | $3.65 | $25,550 | $9,041 | 18.5 years |
| 12 kW | $3.58 | $30,047 | $11,463 | 18.1 years |
| 14 kW | $3.50 | $34,339 | $14,089 | 17.7 years |
| 16 kW | $3.43 | $38,427 | $16,919 | 17.4 years |
| 18 kW | $3.36 | $42,311 | $19,954 | 17.0 years |
| 20 kW | $3.29 | $45,990 | $23,193 | 16.6 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 models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Warranty: Warranties that provide coverage for replacement parts and repairs over a couple decades are the gold standard in the business, and offering that kind of warranty is one mark of a quality company.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years in most cases provide quality solar panel installation and expertise.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be done and how long it will take.
- Solar Panel Brands: Different companies offer different brands and kinds of panels. If you want a specific brand, make sure the solar installer you’re considering has it.
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 Kingsbury, NY Solar Cost FAQs
What is the average cost of installing solar panels in Kingsbury?
This is a hard question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $18,250 for a 5-kW system and $36,500 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Kingsbury?
You can’t get solar panels for free in Kingsbury. 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.
How much can I save on energy bills after switching to solar?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Kingsbury, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Kingsbury?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger 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.