Solar Panel Cost Guide in Mendon, NY (Jan 2023)
- Mendon Solar Installation Cost: $8,611
- 25-Year Savings: $8,315
- Payback Period: 12.7 Years
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Top Solar Installers in Mendon
Although you can install solar panels by yourself, it takes extra time and knowledge. For that reason, almost all homeowners choose to hire a solar panel installer. Companies can also offer access to quality options of the best solar panels and help you decide which one will be right for your family.
There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
See all of the solar companies in Mendon
Factors that Affect Solar Panel Costs in Mendon
Even though the average cost of a solar system in Mendon is $8,611, your actual cost may differ. There are quite a few factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more crucial things to consider.
The size of the solar system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $2,950. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Mendon, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are a popular route because they reduce your upfront costs and let you pay for your system over five to seven years on average. You'll have to consider the long-term cost of financing options, including the total interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Mendon is the company you get to install your solar panel system. As with choosing a company to build a deck or pool, for example, there's no shortage of solar installers that offer a range of services at different price points. The company's size sometimes plays the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to more resources and better 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 promotion can bring their pricing down 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||$3.07||$12,886||$11,473||13.2 years|
|8 kW||$3.01||$16,850||$15,627||13.0 years|
|10 kW||$2.95||$20,650||$19,947||12.7 years|
|12 kW||$2.89||$24,284||$24,432||12.5 years|
|14 kW||$2.83||$27,754||$29,082||12.2 years|
|16 kW||$2.77||$31,058||$33,897||12.0 years|
|18 kW||$2.71||$34,196||$38,878||11.7 years|
|20 kW||$2.66||$37,170||$44,024||11.4 years|
How to Save on Solar Panels
Since the brand of solar panels and the installation company you choose considerably influences your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Solar Panel Brands: The model of solar panel you need plays a role in which installer you should choose, since different companies offer different panels.
- Installation Process: When making the switch to solar power, it's necessary to keep an open line of communication with your solar company. Make sure you understand how the installation process will go and the completion timeline.
- Contract: Before you sign a contract with a solar installer, make sure you read it through fully so you understand the terms. Also, ask questions if you're not certain about some of the terms, such as what to do if a component breaks or malfunctions and if there are any guarantees about energy production.
- Reputation: Companies that have been in business for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
EcoWatch's Mendon, NY Solar Cost FAQs
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.