Solar Panel Cost Guide in Liberty, NY (2024 Update)

  • Liberty Solar Installation Cost: $11,236
  • 25-Year Savings: $7,159
  • Payback Period: 17.3 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Liberty

Let’s take a look at the average cost of solar in Liberty.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Liberty, the typical cost of solar panels is 4 per watt.The average solar panel system size in Liberty is around 4.4 kilowatts, meaning a cost of about $11,236 for a solar installation, or $16,067 before the 0 federal solar tax credit is applied.

The true price you pay can go higher or lower than the average in Liberty based on several factors, such as the model of solar panels you choose and the solar contractor you hire.But, once you've paid the initial cost of installation, the ROI for most homeowners is typically good, with a net average savings of about $14,000 over 20 years on energy bills.

To calculate your potential ROI and connect with a local solar expert, click the button below.

Solar savings over time in Liberty

Year Return on Investment
1 years $-10,313
3 years $-8,466
5 years $-6,620
7 years $-4,774
9 years $-2,928
11 years $-1,082
13 years $765
15 years $2,611
17 years $4,457
19 years $6,303
21 years $8,149
23 years $9,995
25 years $11,842

Top Solar Installers in Liberty

Many homeowners decide to use a solar panel company since trying to install solar panels yourself can be time-consuming. Because solar panels are exposed to temperature swings and extreme weather, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by reducing potential costs down the line.

You can work with a local solar installer to get a free quote on the cost of solar panels for your home. Here are some nearby:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best for Leasing

Sunrun

★★★★★
4.0

  • 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 Liberty

Factors that Affect Solar Panel Costs in Liberty

The cost of installing a solar system in Liberty can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is the size of the system you need, 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 key factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production 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 $3,650.The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your electric bills. In addition, add-on products, such as solar batteries, can bump up your total well above the Liberty average.

Solar Financing Terms

If paying for a solar system in cash is difficult, solar loans are a popular choice because they reduce your upfront costs and allow you to pay for your system over five to seven years on average.It’s wise to include the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it’ll take to pay off the loan.

Solar Panel Installation Company

The solar panel installation company you select will influence your total cost to go solar. Different companies will charge different amounts for the equipment and labor.You may come across national solar installers that have lower prices due to their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those larger 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 $6,215 18.0 years
8 kW $3.72 $20,849 $8,695 17.6 years
10 kW $3.65 $25,550 $11,380 17.3 years
12 kW $3.58 $30,047 $14,269 17.0 years
14 kW $3.50 $34,339 $17,363 16.6 years
16 kW $3.43 $38,427 $20,661 16.3 years
18 kW $3.36 $42,311 $24,163 15.9 years
20 kW $3.29 $45,990 $27,870 15.6 years

How to Save on Solar Panels

The solar company you choose will affect not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should take into account, such as:

  • Contract: Read the contract terms closely to make sure you understand the overall cost, project completion timeline rebates and warranties.
  • Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. Even though there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so make sure you ask for their list of options before making your decision.
  • Warranty: Many companies offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
  • Reputation: Your solar installer should have a good reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

EcoWatch's Liberty, NY Solar Cost FAQs

What is the average cost of installing solar panels in Liberty?

This is a difficult question to answer exactly, because the cost depends on a variety of 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. You can expect to pay 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 go with a smaller solar panel system or less expensive solar panels.

Is cost the most important consideration when buying solar panels?

The upfront cost is a very important factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.

Is making the switch to solar worth it?

Solar panels can be a beneficial investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already reasonably low, solar panels might not be for you.

How many solar panels do I need to power my home?

The exact number of solar panels you need depends on your household energy consumption and the average daily sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to cover their typical energy usage.

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.

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