Solar Panel Cost Guide in Lagrange, NY (2023 Update)
- Lagrange Solar Installation Cost: $8,983
- 25-Year Savings: $10,961
- Payback Period: 11.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Lagrange
We go over average solar pricing in Lagrange.
The average cost of solar panels in Lagrange is 2.95 per watt. The average solar panel system size in Lagrange is around 4.3 kilowatts, meaning a cost of about $8,983 for a solar installation, or $12,846 before the 30% federal solar tax credit is applied.
These figures are just averages, and your own solar costs will differ based on your specific situation and what company you go with. Many homeowners find installing a solar panel system is a solid investment. The average homeowner in Lagrange can save around $17,000 on their energy bills over 20 years.
To see your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Lagrange
| Year | Return on Investment |
|---|---|
| 1 years | $-8,185 |
| 3 years | $-6,590 |
| 5 years | $-4,994 |
| 7 years | $-3,399 |
| 9 years | $-1,803 |
| 11 years | $-208 |
| 13 years | $1,388 |
| 15 years | $2,983 |
| 17 years | $4,579 |
| 19 years | $6,174 |
| 21 years | $7,770 |
| 23 years | $9,365 |
| 25 years | $10,961 |
Top Solar Installers in Lagrange
When going solar, many homeowners choose to go with a solar company since installing solar panels yourself can be a challenging project. The payback period of solar panels will vary depending on factors like your location and energy use, but going with a solar installer can help you reach a break-even point sooner. Your provider will be able to help you apply for incentives available in your area.
If you'd like to switch to solar energy but still aren't certain which solar installer to go with, here are our recommendations for providers in Lagrange:
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 Lagrange
Factors that Affect Solar Panel Costs in Lagrange
The cost of installing a solar system in Lagrange can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest 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 panel systems varies by thousands of dollars due to a variety of factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation need 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 $2,950. The brand and kind of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are offered by most installers in Lagrange, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible. Although solar loans make going solar more accessible for Lagrange homeowners, they can also increase the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar company you choose to handle your switch to green energy can play a part in your total costs. There are about 3 solar panel companies in Lagrange, and each can charge different amounts for labor and equipment. The size of the company can sometimes play the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices due to more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount 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 | $3.07 | $12,886 | $14,614 | 11.7 years |
| 8 kW | $3.01 | $16,850 | $19,816 | 11.5 years |
| 10 kW | $2.95 | $20,650 | $25,183 | 11.3 years |
| 12 kW | $2.89 | $24,284 | $30,716 | 11.0 years |
| 14 kW | $2.83 | $27,754 | $36,413 | 10.8 years |
| 16 kW | $2.77 | $31,058 | $42,276 | 10.6 years |
| 18 kW | $2.71 | $34,196 | $48,304 | 10.4 years |
| 20 kW | $2.66 | $37,170 | $54,497 | 10.1 years |
How to Save on Solar Panels
The solar panel company you go with will impact not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, including:
- Contract: Before you sign a contract with a solar company, be sure to read it through carefully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. Even though there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to take a look at their list of offerings before making your decision.
- Warranty: If you're concerned about the durability of your solar energy system, ensuring your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by previous 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
EcoWatch's Lagrange, NY Solar Cost FAQs
How much does it cost to install solar panels in Lagrange?
The average cost of solar panels in Lagrange 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 use.
Is it better to lease or buy solar panels in Lagrange?
Leasing solar panels can be an option if you can't pay upfront or get a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Can you sell solar power back to the grid in Lagrange?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future electricity bills.
How long do solar panels last in Lagrange?
On average, the lifespan of solar panels is 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 larger level 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.