Solar Panel Cost Guide in Patterson, NY (2023 Update)
- Patterson Solar Installation Cost: $8,924
- 25-Year Savings: $8,276
- Payback Period: 13.0 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Patterson
We break down average solar pricing in Patterson.
The average cost of a solar system in Patterson is 2.95 per watt. To account for the typical energy needs of the average home in Patterson, most homeowners require a 4.3-kilowatt system. Using the figure above, a solar installation costs around $8,921, or $12,757 before the federal solar tax credit of 30% is applied.
The true price you pay can be higher or lower than the average in Patterson based on several factors, such as the brand of solar panels you choose and the solar installer you hire. For many homeowners, the upfront cost of solar power is worth paying. On average homeowners in Patterson see about $15,000 in savings on utility bills over 20 years.
To calculate your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Patterson
| Year | Return on Investment |
|---|---|
| 1 years | $-8,867 |
| 3 years | $-8,752 |
| 5 years | $-8,637 |
| 7 years | $-8,523 |
| 9 years | $-8,408 |
| 11 years | $-8,293 |
| 13 years | $-8,179 |
| 15 years | $-8,064 |
| 17 years | $-7,950 |
| 19 years | $-7,835 |
| 21 years | $-7,720 |
| 23 years | $-7,606 |
| 25 years | $-7,491 |
Top Solar Installers in Patterson
Although you can install solar panels on your own, it involves extra time and expertise. That's one of the reasons almost all homeowners choose a solar panel installer. A solar company can also help save you money over time by providing warranties, repairs and system component replacements.
Working with a licensed solar company can help your solar project go smoothly. Here are our recommendations:
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 Patterson
Factors that Affect Solar Panel Costs in Patterson
The cost of installing a solar system in Patterson can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to spend around $2,950 per kilowatt in Patterson. The brand and type of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
If paying for solar panels in cash is out of reach, solar loans are a solid choice because they cut back your upfront costs and let you pay for your system over five to seven years on average. Though solar loans make switching to solar energy more accessible for Patterson homeowners, they can also add to the total you pay for your system due to interest. 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 choose to install your solar panels can play a part in determining your pricing. Patterson's solar companies all have different labor costs and add varying upcharges to equipment. You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk pricing, 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 | $3.07 | $12,886 | $10,994 | 13.5 years |
| 8 kW | $3.01 | $16,850 | $14,990 | 13.2 years |
| 10 kW | $2.95 | $20,650 | $19,150 | 13.0 years |
| 12 kW | $2.89 | $24,284 | $23,476 | 12.7 years |
| 14 kW | $2.83 | $27,754 | $27,967 | 12.5 years |
| 16 kW | $2.77 | $31,058 | $32,623 | 12.2 years |
| 18 kW | $2.71 | $34,196 | $37,444 | 11.9 years |
| 20 kW | $2.66 | $37,170 | $42,430 | 11.7 years |
How to Save on Solar Panels
The solar company you go with will be a major factor in determining not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should keep in mind, including:
- Contract: Though reading through a contract can be tedious, it's important to do it fully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. While there are many options for which model 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 making your decision.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years likely offer 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 you need to do before your solar panels are installed, such as updating your electrical system or roof.
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 Patterson, NY Solar Cost FAQs
What is the average cost of installing solar panels in Patterson?
The average cost of solar panels in Patterson 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 certain factors such as the model of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
Cost is a very important factor to consider, but whether it's the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
How will having solar panels impact the value of my home?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Patterson is currently $330,530, which means you could be looking at a value of about $13,552 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Patterson is a rewarding investment.
How long do solar panels last in Patterson?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can keep using 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.