Solar Panel Cost Guide in Mamakating, NY (2025 Update)
- Mamakating Solar Installation Cost: $11,236
- 25-Year Savings: $14,152
- Payback Period: 12.1 Years
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Average Cost of Solar Panels in Mamakating
Find out what the average cost of solar panel installation is in Mamakating.
While the national average of solar panels is $2.66 per watt, solar panels in Mamakating generally cost around 4.The average Mamakating homeowner needs a 4.4-kilowatt system, which would cost about $11,236 with the federal tax credit, or $16,067 before the 0 tax credit is applied.
These figures are just averages, and your own solar costs may vary based on your specific situation and what company you want to go with.With average savings of about $20,000 on utility bills over 20 years, many homeowners in Mamakating find investing in solar can pay off big.
For a personalized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Mamakating
| Year | Return on Investment |
|---|---|
| 1 years | $-9,923 |
| 3 years | $-7,298 |
| 5 years | $-4,673 |
| 7 years | $-2,047 |
| 9 years | $578 |
| 11 years | $3,203 |
| 13 years | $5,828 |
| 15 years | $8,454 |
| 17 years | $11,079 |
| 19 years | $13,704 |
| 21 years | $16,329 |
| 23 years | $18,955 |
| 25 years | $21,580 |
Top Solar Installers in Mamakating
DIY solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Going with a solar panel installer can make swapping over to solar power much easier. Some solar companies, particularly local ones, can help you better understand incentives in Mamakating, thereby optimizing your ROI.
There are a number of licensed solar professionals that can help you install your solar system. Here are our suggestions:
See all of the solar companies in Mamakating
Factors that Affect Solar Panel Costs in Mamakating
Cost is typically one of the most important factors for homeowners who want to invest in solar. There are a few major factors that determine your overall cost in Mamakating: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
When it comes to estimating the price of solar panels in Mamakating, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy consumption, which you can figure out by looking at past energy bills. Your total cost can increase by about $3,650 for each additional kilowatt you need.The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more over time on your electric bills. Additionally, extra products, such as solar batteries, can bring your total well above the Mamakating average.
Solar Financing Terms
Many homeowners find the average cost of solar in Mamakating to be prohibitively expensive, even if the investment pays off over time. Thankfully, nearly every solar company in the area offers financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to a higher cost over time because of interest.It’s wise to factor 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 back the loan.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Mamakating is the company you get to install your solar panel system. Similar to choosing a company to build a deck or pool, for instance, you’ll have many options for solar installers that offer a range of services at different price points.The company’s size sometimes plays the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing because of 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 discount can bring their pricing lower 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 | $15,756 | 12.6 years |
| 8 kW | $3.72 | $20,849 | $21,417 | 12.3 years |
| 10 kW | $3.65 | $25,550 | $27,282 | 12.1 years |
| 12 kW | $3.58 | $30,047 | $33,351 | 11.8 years |
| 14 kW | $3.50 | $34,339 | $39,625 | 11.6 years |
| 16 kW | $3.43 | $38,427 | $46,104 | 11.4 years |
| 18 kW | $3.36 | $42,311 | $52,787 | 11.1 years |
| 20 kW | $3.29 | $45,990 | $59,674 | 10.9 years |
How to Save on Solar Panels
There are numerous companies available in Mamakating, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Contract: Before signing a contract with a solar company, be sure to read it through fully so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what the warranty covers and what services you can expect from them.
- 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 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 peruse their list of offerings before deciding.
- Installation Process: An important thing to understand when adopting solar energy is the installation process itself. Be sure to clarify any details you need to know with your solar company, such as what permits you should secure and what the project timeline is.
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
EcoWatch's Mamakating, NY Solar Cost FAQs
What is the average cost of installing solar panels in Mamakating?
The average cost of solar panels in Mamakating is about $18,250 for a 5-kW system and $36,500 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Mamakating?
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 don’t have access to 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 bang for your buck from going solar.
Does Mamakating have a net metering program?
Each state has some form 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 power bills.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can 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 buy 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.