Solar Panel Cost Guide in Middleburgh, NY (2023 Update)
- Middleburgh Solar Installation Cost: $9,251
- 25-Year Savings: $8,410
- Payback Period: 13.1 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Middleburgh
Find out what the average cost of installing solar panels is in Middleburgh.
While the national average of solar panels is $2.66 per watt, solar panels in Middleburgh typically cost about 2.95. Because a 4.5-kW system is needed to cover the energy needs of a typical home in Middleburgh, the average price of going solar will be about $9,251 after claiming the federal solar tax credit of 30%.
These figures are just averages, and your own solar costs will most likely vary based on your energy needs and what company you go with. Despite the large initial cost, the average Middleburgh homeowner can save about $15,000 on their electricity bills over 20 years, which is one of the perks of solar.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Middleburgh
| Year | Return on Investment |
|---|---|
| 1 years | $-8,545 |
| 3 years | $-7,132 |
| 5 years | $-5,719 |
| 7 years | $-4,306 |
| 9 years | $-2,893 |
| 11 years | $-1,480 |
| 13 years | $-67 |
| 15 years | $1,346 |
| 17 years | $2,758 |
| 19 years | $4,171 |
| 21 years | $5,584 |
| 23 years | $6,997 |
| 25 years | $8,410 |
Top Solar Installers in Middleburgh
Although it's possible to install solar panels by yourself, it requires extra energy and handiness. Because of that, almost all homeowners choose a solar panel installer. Another benefit of working with a solar installer is that they can help you optimize your investment by cutting back on future costs of repairs and replacements with the help of warranties and helping you learn about local incentives you can take advantage of.
There are several licensed solar professionals that can help you install your solar panels. Here are our suggestions:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Middleburgh
Factors that Affect Solar Panel Costs in Middleburgh
There are several criteria that can influence your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
The size of the solar system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $2,950. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Middleburgh, where sunlight isn't as abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are offered by most installers in Middleburgh, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay back the loan.
Solar Panel Installation Company
The solar company you pick will affect your total cost to go solar. Different companies will bill different amounts for the equipment and labor. You may see national solar installers that have lower prices because of their larger 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 | $3.07 | $12,886 | $10,769 | 13.6 years |
| 8 kW | $3.01 | $16,850 | $14,689 | 13.4 years |
| 10 kW | $2.95 | $20,650 | $18,774 | 13.1 years |
| 12 kW | $2.89 | $24,284 | $23,025 | 12.8 years |
| 14 kW | $2.83 | $27,754 | $27,441 | 12.6 years |
| 16 kW | $2.77 | $31,058 | $32,021 | 12.3 years |
| 18 kW | $2.71 | $34,196 | $36,768 | 12.0 years |
| 20 kW | $2.66 | $37,170 | $41,679 | 11.8 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Middleburgh, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Contract: It's important to look over your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about your solar system's energy production.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years likely provide good-quality solar panel installation and expertise.
- Warranty: An all-inclusive, long-term warranty can help keep your solar panels running smoothly and save you money on repairs and maintenance.
- Solar Panel Brands: Different companies will carry different brands and types of panels. If you prefer a specific brand, make sure the solar panel company you're considering has it.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Middleburgh, NY Solar Cost FAQs
How much does it cost to install solar panels in Middleburgh?
The average cost of solar panels in Middleburgh is about $14,750 for a 5-kW system and $29,500 for a 10-kW system before the ITC, but the actual cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Middleburgh?
Leasing solar panels can be an appealing choice, because it usually comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better option if you want to maximize your savings.
Can you sell solar power back to the grid in Middleburgh?
The majority of states offer net metering programs of some kind. Through these, you can either receive compensation for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Middleburgh?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level 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.