Solar Panel Cost Guide in Marbletown, NY (2024 Update)
- Marbletown Solar Installation Cost: $11,137
- 25-Year Savings: $12,999
- Payback Period: 12.7 Years
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Average Cost of Solar Panels in Marbletown
Let’s have a look at the average cost of solar panels in Marbletown.
The national average cost of solar panels is $2.66 per watt, but in Marbletown it’s 4 per watt.The average solar panel system size in Marbletown is around 4.4 kilowatts, meaning a cost of about $11,137 for a solar installation, or $15,926 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The exact cost of going solar can vary quite a bit based on several factors, such as what size system you need, your energy usage and what installation company you go with.Despite the large upfront cost, the average Marbletown homeowner can save about $19,000 on their energy bills over 20 years, which is one of the benefits of solar.
To calculate your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Marbletown
| Year | Return on Investment |
|---|---|
| 1 years | $-9,874 |
| 3 years | $-7,348 |
| 5 years | $-4,821 |
| 7 years | $-2,295 |
| 9 years | $231 |
| 11 years | $2,758 |
| 13 years | $5,284 |
| 15 years | $7,810 |
| 17 years | $10,337 |
| 19 years | $12,863 |
| 21 years | $15,390 |
| 23 years | $17,916 |
| 25 years | $20,442 |
Top Solar Installers in Marbletown
Although you can install solar panels on your own, it requires extra time and knowledge. For that reason, most homeowners choose to go with a solar panel installer. The expertise that solar installers provide can be helpful as well, especially if you aren’t sure what brand of solar equipment would be right for your home.
If you’d like to go solar but still aren’t sure which solar system installer to go with, here are our recommendations for providers nearby:
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 Marbletown
Factors that Affect Solar Panel Costs in Marbletown
Though the average cost of a solar system in Marbletown is $11,137, your actual cost may be higher or lower than that. There are several factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
When it comes to estimating the price of a solar panel system in Marbletown, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy usage, which you can determine by looking at past power bills. Your total cost can increase by around $3,650 for each additional kilowatt you need.There are several different solar panel brands and the one you pick also affects the cost. In many cases, the brands that have better efficiency tend to also cost more. Additionally, the type of equipment you’re looking to install can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in Marbletown offer solar loans, which reduce your upfront costs of installing solar panels.It’s wise to add the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
The solar installation company you select will affect your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor.Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and go with the company that has the products, warranties and services you’re looking for and also is within your budget.
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 | $14,339 | 13.2 years |
| 8 kW | $3.72 | $20,849 | $19,527 | 12.9 years |
| 10 kW | $3.65 | $25,550 | $24,920 | 12.7 years |
| 12 kW | $3.58 | $30,047 | $30,517 | 12.4 years |
| 14 kW | $3.50 | $34,339 | $36,319 | 12.1 years |
| 16 kW | $3.43 | $38,427 | $42,325 | 11.9 years |
| 18 kW | $3.36 | $42,311 | $48,535 | 11.6 years |
| 20 kW | $3.29 | $45,990 | $54,950 | 11.4 years |
How to Save on Solar Panels
The company that does your 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 challenge, we have some tips to help you, such as:
- Solar Panel Brands: The model of solar panel you want to install plays a part in which installer you should go with, since different companies have different panels.
- Contract: When reading through your solar company’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar installer, such as what permits you should secure and what the project timeline is.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to do the job well. Another way you can look into your installer’s reputation is by reading reviews.
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 Marbletown, NY Solar Cost FAQs
What is the average cost of installing solar panels in Marbletown?
The average cost of solar panels in Marbletown 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 stuff such as the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to consider when buying solar panels?
The initial cost is a crucial factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Do solar panels increase your home value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Marbletown is currently $443,916, so you can expect a value of about $18,201 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Marbletown is a worthwhile investment.
How long do solar panels last in Marbletown?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount 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.