Solar Panel Cost Guide in Mooers, NY (2023 Update)
- Mooers Solar Installation Cost: $9,602
- 25-Year Savings: $5,198
- Payback Period: 16.2 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Mooers
Let's take a look at the average cost of solar in Mooers.
The national average cost of solar panels is $2.66 per watt, but in Mooers it's 2.95 per watt. The average solar panel system size in Mooers is around 4.7 kilowatts, meaning a cost of about $9,602 for a solar installation, or $13,731 before the 30% federal solar tax credit is applied.
The true price you pay can be above or below the average in Mooers based on a few factors, such as the kind of solar panels you choose and the solar installer you hire. Many homeowners find adopting solar power is a sound investment. The average homeowner in Mooers can save around $12,000 on their electricity bills over 20 years.
To get a free quote from a top solar installation company in Mooers, you can click the button below.
Solar savings over time in Mooers
Year | Return on Investment |
---|---|
1 years | $-9,010 |
3 years | $-7,826 |
5 years | $-6,642 |
7 years | $-5,458 |
9 years | $-4,274 |
11 years | $-3,090 |
13 years | $-1,906 |
15 years | $-722 |
17 years | $462 |
19 years | $1,646 |
21 years | $2,830 |
23 years | $4,014 |
25 years | $5,198 |
Top Solar Installers in Mooers
Putting up solar panels on your own can be a difficult task, which is why hiring a solar installation company is a good option for many homeowners. A solar company can also help save you money over time by offering warranties, repairs and component replacements.
There are a number of licensed solar professionals that can take care of your solar installation project. 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 Mooers
Factors that Affect Solar Panel Costs in Mooers
For many Mooers homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Mooers, with typical prices between $20,000 to $40,000. There are a few factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to pay around $2,950 per kilowatt in Mooers. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Mooers, where sunlight isn't as abundant, efficiency can quickly pay off. In addition, 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 solar panels out of pocket is difficult, solar loans are a popular route because they cut back your upfront costs and let you pay for your system over five to seven years on average. While solar loans make switching to solar energy more accessible for Mooers homeowners, they can also add to 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
Lastly, the company you hire to install your solar system can influence your pricing. Mooers' solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies typically have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric car charger installation, they might be cheaper overall.
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 | $6,213 | 16.9 years |
8 kW | $3.01 | $16,850 | $8,615 | 16.5 years |
10 kW | $2.95 | $20,650 | $11,181 | 16.2 years |
12 kW | $2.89 | $24,284 | $13,913 | 15.9 years |
14 kW | $2.83 | $27,754 | $16,810 | 15.6 years |
16 kW | $2.77 | $31,058 | $19,872 | 15.2 years |
18 kW | $2.71 | $34,196 | $23,100 | 14.9 years |
20 kW | $2.66 | $37,170 | $26,493 | 14.6 years |
How to Save on Solar Panels
Since the brand of solar panels and the installer you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. Even though there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to peruse their list of options before deciding.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the completion timeline.
- Contract: Though reading through a contract can take a lot of time, it's important to do it carefully so you can make sure you understand what services your solar company will provide and the terms of the warranty.
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 Mooers, NY Solar Cost FAQs
What is the average cost of installing solar panels in Mooers?
The average cost of solar panels in Mooers 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 stuff such as the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Mooers?
You can't get solar panels for free in Mooers. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.
Can you sell solar power back to the grid in Mooers?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future electricity bills.
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.