Solar Panel Cost Guide in Oswegatchie, NY (Mar 2023)
- Oswegatchie Solar Installation Cost: $9,809
- 25-Year Savings: $6,398
- Payback Period: 15.1 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Oswegatchie
Here's how much it might cost to make the switch to solar in Oswegatchie.
The average cost of a solar system in Oswegatchie is 2.95 per watt. Using this figure, a typical 4.8-kW system would cost about $9,809 before the 30% federal solar tax credit is applied.
These figures are just estimates, and how much solar costs for you will vary based on your energy needs and what company you go with. With typical savings of about $13,000 on energy bills over 20 years, many homeowners in Oswegatchie find investing in solar can be quite rewarding.
To calculate your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Oswegatchie
| Year | Return on Investment |
|---|---|
| 1 years | $-9,160 |
| 3 years | $-7,864 |
| 5 years | $-6,567 |
| 7 years | $-5,271 |
| 9 years | $-3,974 |
| 11 years | $-2,678 |
| 13 years | $-1,381 |
| 15 years | $-85 |
| 17 years | $1,212 |
| 19 years | $2,509 |
| 21 years | $3,805 |
| 23 years | $5,102 |
| 25 years | $6,398 |
Top Solar Installers in Oswegatchie
When going solar, many homeowners prefer to go with a solar installation company since DIY solar panel installation can be a difficult project. Also, companies with a good reputation that cost more upfront could actually save you money in the long term with their warranties, repair services and expert design.
If you're searching for a solar company in Oswegatchie, the EcoWatch team has organized 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 Technology
Tesla Energy
- 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 Oswegatchie
Factors that Affect Solar Panel Costs in Oswegatchie
For many Oswegatchie homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in Oswegatchie, with typical prices between $20,000 to $40,000. There are a few factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That's why it's important to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your power bills. In addition, extra products, like solar batteries, can bring your total well above the Oswegatchie average.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are available from most installers in Oswegatchie, which can lower, or in some cases totally eliminate, your upfront costs to make solar more accessible. Even though solar loans make switching to solar energy more accessible for Oswegatchie homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The last key cost factor you should keep in mind is the installer you choose. Given the growing popularity of green energy solutions in Oswegatchie, you'll have plenty of options to choose from, but each comes at different price points for labor and equipment. Additionally, some companies in Oswegatchie know more about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $7,579 | 15.7 years |
| 8 kW | $3.01 | $16,850 | $10,435 | 15.4 years |
| 10 kW | $2.95 | $20,650 | $13,457 | 15.1 years |
| 12 kW | $2.89 | $24,284 | $16,644 | 14.8 years |
| 14 kW | $2.83 | $27,754 | $19,996 | 14.5 years |
| 16 kW | $2.77 | $31,058 | $23,513 | 14.2 years |
| 18 kW | $2.71 | $34,196 | $27,196 | 13.9 years |
| 20 kW | $2.66 | $37,170 | $31,044 | 13.6 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because choosing a company can be a challenge, we have some tips to help you, such as:
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years likely provide good-quality solar panel installation and expertise.
- Installation Process: Make sure you're on the same page with the installer with regard to how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.
- Contract: Look through the contract terms closely to make sure you understand the total cost, project completion timeline rebates and warranties.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you go with.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- 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 Oswegatchie, NY Solar Cost FAQs
What is the average cost of installing solar panels in Oswegatchie?
This is a hard question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $14,750 for a 5-kW system and $29,500 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
What other factors should I consider aside from cost when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is going solar worth it?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and the amount of direct sunlight your roof gets.
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 goes down 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.