Solar Panel Cost Guide in Mahopac, NY (2024 Update)
- Mahopac Solar Installation Cost: $11,042
- 25-Year Savings: $5,876
- Payback Period: 18.7 Years
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Average Cost of Solar Panels in Mahopac
We break down average solar pricing in Mahopac.
In Mahopac, solar panels cost about 4 per watt on average.Using this figure, a typical 4.3-kW system would cost about $11,042 before the 0 federal solar tax credit is applied.
These figures are just averages, and how much solar costs for you may differ based on your specific situation and what company you choose to go with.For many homeowners, the upfront cost of solar is worth paying. On average you could be looking at about $13,000 in savings on electricity bills over 20 years.
You can click the button below to get connected with a top solar company in Mahopac for a quote for your home.
Solar savings over time in Mahopac
| Year | Return on Investment |
|---|---|
| 1 years | $-10,216 |
| 3 years | $-8,564 |
| 5 years | $-6,912 |
| 7 years | $-5,260 |
| 9 years | $-3,608 |
| 11 years | $-1,957 |
| 13 years | $-305 |
| 15 years | $1,347 |
| 17 years | $2,999 |
| 19 years | $4,651 |
| 21 years | $6,303 |
| 23 years | $7,954 |
| 25 years | $9,606 |
Top Solar Installers in Mahopac
Although you can install solar panels by yourself, it requires extra effort and expertise. That's one of the reasons almost all homeowners choose to go with a solar panel installer. Solar installers offer key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
If you’d like to switch to solar energy but still aren’t sure which solar panel company to go with, here are our recommendations for providers near you:
Best National Provider
SunPower
- 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
- 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 Mahopac
Factors that Affect Solar Panel Costs in Mahopac
Even though the average cost of a solar system in Mahopac is $11,042, your final cost may be above or below the average. There are several factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. That’s why it’s important to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use.The brand and type of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a big investment. That’s why many Mahopac homeowners choose to finance their solar panel systems to make going solar more affordable.While solar loans make adopting solar energy more accessible for Mahopac homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
Lastly, the company you choose to install your solar system can influence how much it costs. Mahopac’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Mahopac are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. 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 | $3.80 | $15,943 | $4,605 | 19.4 years |
| 8 kW | $3.72 | $20,849 | $6,548 | 19.0 years |
| 10 kW | $3.65 | $25,550 | $8,696 | 18.7 years |
| 12 kW | $3.58 | $30,047 | $11,049 | 18.3 years |
| 14 kW | $3.50 | $34,339 | $13,606 | 17.9 years |
| 16 kW | $3.43 | $38,427 | $16,367 | 17.5 years |
| 18 kW | $3.36 | $42,311 | $19,332 | 17.2 years |
| 20 kW | $3.29 | $45,990 | $22,502 | 16.8 years |
How to Save on Solar Panels
Since the brand of solar panels and the installation company you choose significantly affects your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, such as when the site survey will be done and how long it will take.
- Warranty: Warranties that provide coverage for defective panels and repairs over around 25 years are the gold standard in the business, and offering that kind of warranty is one indication of a quality company.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, durability and energy efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
Best National Provider
SunPower
- 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
- 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 Mahopac, NY Solar Cost FAQs
What is the average cost of installing solar panels in Mahopac?
The average cost of solar panels in Mahopac is about $18,250 for a 5-kW system and $36,500 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
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 trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Is it worth going solar in Mahopac?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and how much direct sunlight your roof gets.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.