Solar Panel Cost Guide in Mohawk, NY (2024 Update)
- Mohawk Solar Installation Cost: $11,377
- 25-Year Savings: $7,012
- Payback Period: 17.5 Years
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Average Cost of Solar Panels in Mohawk
See how much it might cost to make the switch to solar in Mohawk.
The national average cost of solar panels is $2.66 per watt, but in Mohawk it’s 4 per watt.Using this figure, a typical 4.5-kW system would cost about $11,377 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of making the switch to solar can vary quite a bit based on a few factors, such as how many panels you need, your energy consumption and what installation company you go with.Many homeowners find installing a solar panel system is a solid investment. The average homeowner in Mohawk can save about $14,000 on their energy bills over 20 years.
To get a free quote from a pre-vetted solar installer in Mohawk, you can click the button below.
Solar savings over time in Mohawk
| Year | Return on Investment |
|---|---|
| 1 years | $-10,468 |
| 3 years | $-8,651 |
| 5 years | $-6,834 |
| 7 years | $-5,017 |
| 9 years | $-3,200 |
| 11 years | $-1,382 |
| 13 years | $435 |
| 15 years | $2,252 |
| 17 years | $4,069 |
| 19 years | $5,886 |
| 21 years | $7,703 |
| 23 years | $9,520 |
| 25 years | $11,338 |
Top Solar Installers in Mohawk
Although it's possible to install solar panels by yourself, it involves extra labor and know-how. For that reason, most homeowners choose a solar panel installer. Plus, if you’re unsure what type of solar panels and equipment you may need, a solar installer can help you figure that out after a site survey and consultation.
If you're looking for a solar company in Mohawk, we've put together a list of our top suggestions here:
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 Mohawk
Factors that Affect Solar Panel Costs in Mohawk
The cost of installing a solar system in Mohawk can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The size of the solar system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $3,650. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your power bills. Additionally, add-on products, like solar batteries, can bump up your total well above the Mohawk average.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are available from most installers in Mohawk, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also increases your overall costs, so it’s crucial to keep that in mind as well. You can always bring down the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Mohawk is the company you get to install your PV system. Similar to choosing a company to install new cabinets, for instance, there’s no shortage of solar installers that provide a range of services for different budgets.You may notice national solar installers that have lower prices due to their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $5,895 | 18.3 years |
| 8 kW | $3.72 | $20,849 | $8,269 | 17.9 years |
| 10 kW | $3.65 | $25,550 | $10,847 | 17.5 years |
| 12 kW | $3.58 | $30,047 | $13,630 | 17.2 years |
| 14 kW | $3.50 | $34,339 | $16,617 | 16.8 years |
| 16 kW | $3.43 | $38,427 | $19,809 | 16.5 years |
| 18 kW | $3.36 | $42,311 | $23,205 | 16.1 years |
| 20 kW | $3.29 | $45,990 | $26,805 | 15.8 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Installation Process: When going solar, it’s necessary to keep an open line of communication with your solar panel installer. See to it that you understand how the installation process will go and the completion timeline.
- Contract: When looking over your solar installer’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years most likely offer good-quality solar panel installation and expertise.
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you choose.
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 Mohawk, NY Solar Cost FAQs
How much does it cost to install solar panels in Mohawk?
This is a hard question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $18,250 for a 5-kW system and $36,500 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or more efficient panels, or if you have above-average energy needs. Conversely, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
What other factors should I consider aside from cost when buying solar panels?
Cost is a crucial factor to consider, but whether it’s the most important for you depends on your goals for going solar. In places 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 Mohawk?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
How long do solar panels last in Mohawk?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can replace them after having them for that long or you can continue to use them at a lower efficiency.
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.