Solar Panel Cost Guide in Myers Corner, NY (Nov 2022)

  • Myers Corner Solar Installation Cost: $8,983
  • 25-Year Savings: $13,018
  • Payback Period: 10.2 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

Why you can trust EcoWatch

We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Myers Corner

We break down average solar pricing in Myers Corner.

The average cost of a solar system in Myers Corner is $3 per watt. To account for the typical energy needs of the average home in Myers Corner, most homeowners require a 4.3-kilowatt system. Using the per-watt figure above, a solar installation costs around $8,983, or $6,647 after the federal solar tax credit of 30% is applied.

The true cost of your system can be above or below the average in Myers Corner depending on several factors, such as the brand of solar panels you choose and the solar contractor you hire. But, once you've paid the initial cost of installation, the savings for most homeowners is typically fruitful, with a net average savings of about $19,000 over 20 years on utility bills.

For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.

Solar savings over time in Myers Corner

Year Return on Investment
1 years $-8,103
3 years $-6,343
5 years $-4,583
7 years $-2,823
9 years $-1,063
11 years $697
13 years $2,458
15 years $4,218
17 years $5,978
19 years $7,738
21 years $9,498
23 years $11,258
25 years $13,018

Top Solar Installers in Myers Corner

When switching to solar energy, many homeowners choose to go with a solar installer since DIY solar panel installation can be a time-consuming project. Plus, if you aren't sure what brand of solar panels and equipment you need, a solar company can help you find the right equipment for you after a site survey and consultation.

If you'd like to start using solar energy but still aren't sure which solar panel company to go with, here are our recommendations for providers in Myers Corner:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

See all of the solar companies in Myers Corner

Factors that Affect Solar Panel Costs in Myers Corner

Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that affect your total cost in Myers Corner: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.

Solar Equipment

The size of the solar system you need for your household is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $2,950. The kind of solar panels and equipment you want is another factor that will considerably impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment consists of more than just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking into a solar system that's in your budget.

Solar Financing Terms

For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are provided by most installers in Myers Corner, 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 total costs, so it's important to keep that in mind as well. You can always bring down the total you pay in interest and sometimes even your APR by making a larger down payment.

Solar Panel Installation Company

A final factor to consider when trying to estimate the cost of solar for your home or business in Myers Corner is the company you get to install your solar panel system. Similar to choosing a company to build a deck or pool, for example, there are plenty of solar installers that provide a range of services for different budgets. Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and choose a company that offers the products, warranties and services you want and also fit into your budget.

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 $17,451 10.6 years
8 kW $3.01 $16,850 $23,599 10.4 years
10 kW $2.95 $20,650 $29,912 10.2 years
12 kW $2.89 $24,284 $36,389 10.0 years
14 kW $2.83 $27,754 $43,033 9.8 years
16 kW $2.77 $31,058 $49,841 9.6 years
18 kW $2.71 $34,196 $56,814 9.4 years
20 kW $2.66 $37,170 $63,953 9.2 years

How to Save on Solar Panels

The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be difficult, we have some tips to help you, such as:

  • Contract: Review the contract terms closely to make sure you understand the overall cost, project timeline incentives and warranties.
  • Solar Panel Brands: The kind of solar panel you want plays a role in which company you should choose, since different companies offer different panels.
  • Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like the EcoWatch team.
  • Warranty: Warranties that cover defective panels and repairs over around 25 years are the best you can get in the business, and offering such a warranty is one indication of a good company.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

EcoWatch's Myers Corner, NY Solar Cost FAQs

What is the average cost of installing solar panels in Myers Corner?

The average cost of solar panels in Myers Corner is about $14,750 for a 5-kW system and $29,500 for a 10-kW system before the ITC, but the real 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 Myers Corner?

You can't get solar panels for free in Myers Corner. 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.

Does Myers Corner have a net metering program?

Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future power bills.

What solar power system size is right for my home?

The exact number of solar panels you need depends on your household energy usage and how much sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to account for their typical energy usage.

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.

solar panel and sunny sky
Invest in clean solar energy, save thousands of dollars.

Save $$ on your electricity bill by getting a free quote today.

Follow us