Solar Panel Cost Guide in Ogdensburg, NY (2024 Update)
- Ogdensburg Solar Installation Cost: $12,141
- 25-Year Savings: $6,395
- Payback Period: 18.7 Years
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Average Cost of Solar Panels in Ogdensburg
Let’s take a look at the average cost of solar panels in Ogdensburg.
In Ogdensburg, solar panels cost about 4 per watt on average.The average solar panel system size in Ogdensburg is around 4.8 kilowatts, meaning a cost of about $12,141 for a solar installation, or $17,362 before the 0 federal solar tax credit is applied.
The true cost of your system can go above or below the average in Ogdensburg based on several factors, such as the brand of solar panels you choose and the solar installer you hire.For most homeowners, the upfront cost of solar panels is worth paying. On average homeowners in Ogdensburg see about $13,000 in savings on electricity bills over 20 years.
To receive a free estimate from a pre-vetted solar installer in Ogdensburg, you can click the button below.
Solar savings over time in Ogdensburg
| Year | Return on Investment |
|---|---|
| 1 years | $-11,232 |
| 3 years | $-9,415 |
| 5 years | $-7,598 |
| 7 years | $-5,781 |
| 9 years | $-3,964 |
| 11 years | $-2,147 |
| 13 years | $-329 |
| 15 years | $1,488 |
| 17 years | $3,305 |
| 19 years | $5,122 |
| 21 years | $6,939 |
| 23 years | $8,756 |
| 25 years | $10,574 |
Top Solar Installers in Ogdensburg
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a pain. Using an installer can make swapping over to solar power much easier. Another advantage of going with a solar company is that they can help you make the most of your investment by bringing down your future costs of repairs and replacements due to warranties and giving you information on local incentives you can take advantage of.
Working with a vetted solar installer can help your solar project go smoothly. Here are our recommendations:
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 Ogdensburg
Factors that Affect Solar Panel Costs in Ogdensburg
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few major factors that will push your cost above or below the average in Ogdensburg: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
When it comes to estimating the cost of a solar system in Ogdensburg, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy consumption, which you can gauge by looking at past electricity bills. Your total cost can increase by about $3,650 for each additional kilowatt you need.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. On the other hand, higher efficiency could save you more over time on your energy bills. Additionally, extra products, such as solar batteries, can bump up your total well above the Ogdensburg average.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are offered by most installers in Ogdensburg, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more affordable.However, the interest on solar loans also adds to your all-in costs, so it’s crucial to take that into consideration as well. You can always lower the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Ogdensburg is the company you hire to install your PV system. As with choosing a company to build a deck or pool, for instance, there are plenty of solar installers that provide a range of services for different budgets.Companies that 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 come with an above-average cost. It’s best to do some research and choose a company that provides the products, warranties and services you’re looking for and also is within 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 | $3.80 | $15,943 | $4,521 | 19.5 years |
| 8 kW | $3.72 | $20,849 | $6,437 | 19.1 years |
| 10 kW | $3.65 | $25,550 | $8,557 | 18.7 years |
| 12 kW | $3.58 | $30,047 | $10,881 | 18.4 years |
| 14 kW | $3.50 | $34,339 | $13,410 | 18.0 years |
| 16 kW | $3.43 | $38,427 | $16,144 | 17.6 years |
| 18 kW | $3.36 | $42,311 | $19,082 | 17.2 years |
| 20 kW | $3.29 | $45,990 | $22,224 | 16.9 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Ogdensburg, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like EcoWatch.
- Installation Process: When making the switch to solar energy, it’s necessary to maintain an open line of communication with your solar panel company. Make sure you understand how the installation process will go and the project completion timeline.
- Solar Panel Brands: The type of solar panel you need to install plays a part in which installer you should opt for, since different companies have different panels.
- Warranty: If you’re worried about the endurance of your solar system, ensuring your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
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 Ogdensburg, NY Solar Cost FAQs
How much does it cost to install solar panels in Ogdensburg?
This is a hard question to answer exactly, because the cost depends on many factors. Generally 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 additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in Ogdensburg?
Leasing solar panels can be an attractive choice, as it commonly 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 way to go if you want to get the most savings.
Do solar panels increase the value of your home?
Solar panels can increase your property’s value significantly as long as you buy or finance your panels and don’t go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
How often do you have to replace solar panels?
On average, solar panels can last 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 larger 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.