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.
Although the national average of solar panels is $2.66 per watt, solar panels in Patterson generally cost about 4.To cover the typical energy usage of the average home in Patterson, most homeowners require a 4.3-kilowatt system. Using the figure above, a solar installation costs around $11,042, or $15,790 before the federal solar tax credit of 0 is applied.
These figures are just averages, and the cost of going solar for you may differ based on your specific situation and what company you go with.With average savings of about $15,000 on electricity bills over 20 years, many homeowners in Patterson find installing solar panels has a decent ROI.
You can click the button below to get connected with a pre-vetted solar installer in Patterson that can help you get a more accurate cost estimate for your home.
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
Trying to put up solar panels on your own can be a challenging task, which is why getting a solar installer is a good option for many homeowners. Companies can also provide access to quality options of the best solar panels and help you choose which one will be right for you.
If you’d like to make the switch to solar but still aren’t certain which solar system installer to go with, here are our suggestions for providers near you:
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Patterson
Factors that Affect Solar Panel Costs in Patterson
Although the average cost of a solar system in Patterson is $11,042, your final cost may be above or below the average. There are quite a few factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
When it comes to estimating the cost of a solar system 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 primarily based on your home’s energy consumption, which you can figure out by looking at past power bills. Your total cost can increase by around $3,650 for each additional kilowatt you need.The model of solar panels and equipment you want is another factor that will substantially affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more costly. Further, solar equipment is more than just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a big investment. That’s why many Patterson homeowners choose to finance their solar panel systems to make going solar more affordable.It’s a good idea to factor the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panel system can influence how much you pay. Patterson’s solar companies all have different labor costs and add varying upcharges to equipment. 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 cost more. It’s best to do some research and go with the company that has the products, warranties and services you’re looking for and also fits 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 | $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
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because selecting a company can be a challenge, we have some tips to help you, such as:
- Solar Panel Brands: The kind of solar panel you want plays a part in which company you should opt for, since different companies have access to different panels.
- 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: Before signing a contract with a solar installer, be sure to look it over carefully so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Warranty: Warranties that cover replacement parts and repairs over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one sign of a good company.
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
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 certain factors like the kind of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Patterson?
Leasing solar panels can be an attractive choice, because it typically 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 incentives and your home value won’t increase. Buying solar panels is a better way to go 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 either receive compensation for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Patterson?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can choose 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.