Solar Panel Cost Guide in Patterson, NY (2024 Update)
- Patterson Solar Installation Cost: $11,042
- 25-Year Savings: $8,276
- Payback Period: 16.0 Years
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Average Cost of Solar Panels in Patterson
Let’s have a look at the average cost of solar in Patterson.
In Patterson, solar panels cost about 4 per watt on average.To cover the typical energy usage of the average home in Patterson, most homeowners require a 4.3-kilowatt system. Using the per-watt figure above, a solar installation costs about $11,042, or $15,790 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The actual cost of making the switch to solar can vary quite a bit based on a few factors, such as how many panels you need, your energy consumption and what company you go with.For many homeowners, the upfront cost of solar is worth paying. On average homeowners in Patterson see about $15,000 in savings on electricity bills over 20 years.
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Solar savings over time in Patterson
| Year | Return on Investment |
|---|---|
| 1 years | $-9,997 |
| 3 years | $-7,908 |
| 5 years | $-5,819 |
| 7 years | $-3,730 |
| 9 years | $-1,641 |
| 11 years | $448 |
| 13 years | $2,538 |
| 15 years | $4,627 |
| 17 years | $6,716 |
| 19 years | $8,805 |
| 21 years | $10,894 |
| 23 years | $12,983 |
| 25 years | $15,072 |
Top Solar Installers in Patterson
Installing solar panels yourself can be a stressful task, which is why getting a solar installation company is a good option for many homeowners. Plus, if you’re unsure what brand of solar panels and equipment you need, a solar expert can help you find the right equipment for you after a site survey and consultation.
You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some nearby:
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 Patterson
Factors that Affect Solar Panel Costs in Patterson
There are several factors that can influence your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
When it comes to estimating the cost of solar panels in Patterson, one of the most important 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 power bills. Your total cost can increase by about $3,650 for each additional kilowatt you need.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Patterson, where sunlight is relatively abundant, efficiency can quickly pay off. Also, 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
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That’s why many Patterson homeowners choose to finance their solar panel systems to make paying for solar more affordable.When considering your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar installation company you pick will impact your total cost to make the switch to solar energy. Different companies will bill different amounts for the equipment and labor.You may see national solar installers that have lower prices because of their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $7,937 | 16.7 years |
| 8 kW | $3.72 | $20,849 | $10,991 | 16.4 years |
| 10 kW | $3.65 | $25,550 | $14,250 | 16.0 years |
| 12 kW | $3.58 | $30,047 | $17,713 | 15.7 years |
| 14 kW | $3.50 | $34,339 | $21,381 | 15.4 years |
| 16 kW | $3.43 | $38,427 | $25,253 | 15.1 years |
| 18 kW | $3.36 | $42,311 | $29,329 | 14.8 years |
| 20 kW | $3.29 | $45,990 | $33,610 | 14.4 years |
How to Save on Solar Panels
Since the brand of solar panels and the installation company you choose has an impact on your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Different companies will carry various brands and models of panels. If you want a specific brand, make sure the solar company you’re considering has it.
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Contract: When reading over your solar company’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios like a system part breaking or the company going out of business.
- Warranty: An all-inclusive, long-term warranty can help keep your solar system running for a long time and save you money on part replacement and repairs.
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 Patterson, NY Solar Cost FAQs
How much does it cost to install solar panels in Patterson?
The average cost of solar panels in Patterson is about $18,250 for a 5-kW system and $36,500 for a 10-kW system before the ITC, but the real cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Patterson?
Leasing solar panels can be an appealing choice, as it commonly comes with low or $0 upfront payments. The drawback 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 incentives and your home value won’t increase. Buying solar panels is a better option if you want to get the most savings.
Can you sell solar power back to the grid in Patterson?
The majority of states offer net metering programs of some kind. Through these, you can get paid for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can replace them once you've had them for that long or you can continue to use them at a lower efficiency.
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.