Solar Panel Cost Guide in LaGrange, NY (2023 Update)
- LaGrange Solar Installation Cost: $8,985
- 25-Year Savings: $10,958
- Payback Period: 11.3 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in LaGrange
Find out how much it might cost to make the switch to solar in LaGrange.
The average cost of a solar system in LaGrange is 2.95 per watt. To account for the typical energy needs of the average home in LaGrange, most homeowners require a 4.3-kilowatt system. Using the per-watt figure above, a solar installation costs about $8,983, or $12,846 before the federal solar tax credit of 30% is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of installing solar panels can vary quite a bit based on a few factors, such as how many panels you need, your energy consumption and what installation company you go with. With average savings of about $17,000 on utility bills over 20 years, many homeowners in LaGrange find investing in solar has a decent ROI.
For a free quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in LaGrange
| Year | Return on Investment |
|---|---|
| 1 years | $-7,722 |
| 3 years | $-5,196 |
| 5 years | $-2,669 |
| 7 years | $-143 |
| 9 years | $2,384 |
| 11 years | $4,910 |
| 13 years | $7,436 |
| 15 years | $9,963 |
| 17 years | $12,489 |
| 19 years | $15,016 |
| 21 years | $17,542 |
| 23 years | $20,068 |
| 25 years | $22,595 |
Top Solar Installers in LaGrange
Installing solar panels yourself can be a stressful task, which is why getting a solar installation company is a good option for many homeowners. Another advantage of working with a solar company is that they can help you optimize your return of investment by lowering your future costs of repairs and replacements with the help of warranties and giving you information on local incentives you can take advantage of.
If you'd like to start using solar energy but still aren't certain which solar panel installer to go with, here are our suggestions 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
There are many factors that can determine your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
The size of the solar panel system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $2,950. The type of solar panels and equipment you choose is another factor that will considerably affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Furthermore, solar equipment consists of more than just the solar panels themselves. You'll also need to make decisions about 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 into a solar system that's in your budget.
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 switching to solar energy more accessible for LaGrange homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
Lastly, the company you choose to install your solar system can impact the cost. LaGrange's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in LaGrange know more about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. 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 | $3.07 | $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 company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be a tough decision, we have some tips to help you, such as:
- Warranty: If you're concerned about the durability of your solar panel system, ensuring your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- 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.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its number of years 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
EcoWatch's LaGrange, NY Solar Cost FAQs
What is the average cost of installing solar panels in LaGrange?
This is a tough question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $14,750 for a 5-kW system and $29,500 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in LaGrange?
Solar panels aren't free in LaGrange, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
How will solar panels impact how much my home is worth?
Solar panels can increase the value of your home remarkably as long as you buy or finance your panels and don't go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
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.