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
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Mohawk
See how much it might cost to make the switch to solar in Mohawk.
Although the national average of solar panels is $2.66 per watt, solar panels in Mohawk generally cost around 4.Using this figure, a typical 4.5-kW system would cost about $11,377 before the 0 federal solar tax credit is applied.
How much you pay can be above or below the average in Mohawk based on several factors, such as the brand of solar panels you choose and the solar contractor you hire.With typical savings of about $14,000 on power bills over 20 years, many homeowners in Mohawk find installing solar panels can pay off big.
Click the button below to get connected to a reputable solar installer in your area for a personalized quote.
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
Putting up solar panels yourself can be a difficult project, which is why hiring a solar installation company is a good option for many homeowners. Also, companies with a high reputation that are more expensive upfront could actually save you money in the long term due to their warranties, repair services and expert design.
If you're looking for a solar installer in Mohawk, the EcoWatch team has put together a list of our top suggestions here:
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
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 biggest one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to pay around $3,650 per kilowatt in Mohawk.The type of solar panels and equipment you get is another factor that will greatly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Further, solar equipment goes beyond just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that’s in your budget.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are a popular choice because they lower your upfront costs and let you pay for your system over five to seven years on average.Even though solar loans make switching to solar energy more accessible for Mohawk homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
Finally, the company you hire to install your solar system can impact how much it costs. Mohawk’s solar companies all have different labor costs and add varying upcharges to equipment. 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 | $3.80 | $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
The solar installer you opt for will be a major factor in determining not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should keep in mind, including:
- Installation Process: One of the most important things to understand when adopting solar power is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should secure and how long the project will take.
- Contract: Before you sign a contract with a solar installer, 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.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years likely provide quality solar panel installation and expertise.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. Although there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you take a look at their list of options before deciding.
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Mohawk, NY Solar Cost FAQs
What is the average cost of installing solar panels in Mohawk?
This is a difficult question to answer exactly, because the cost depends on many 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 usage. On the flip side, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Is cost the most important thing to keep in mind when buying solar panels?
The upfront cost is a key 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 be more important than 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?
Solar panels can be a good investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already fairly low, solar panels might not be for you.
How often do you have to replace solar panels?
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 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.