Solar Panel Cost Guide in Pawling, NY (2023 Update)
- Pawling Solar Installation Cost: $8,983
- 25-Year Savings: $9,418
- Payback Period: 12.2 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Pawling
See how much it might cost to switch to solar power in Pawling.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Pawling, the typical cost of solar panels is 2.95 per watt. To cover the typical energy usage of the average home in Pawling, most homeowners require a 4.3-kilowatt system. Using the figure above, a solar installation costs about $8,983, or $12,846 before the federal solar tax credit of 30% is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Pawling homeowners. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. But, once you've paid the upfront cost of installation, the ROI for most homeowners is quite rewarding, with a net average savings of about $16,000 over 20 years on power bills.
Click the button below to get connected to a highly rated solar company in your area for a customized quote.
Solar savings over time in Pawling
Year | Return on Investment |
---|---|
1 years | $-8,247 |
3 years | $-6,775 |
5 years | $-5,303 |
7 years | $-3,831 |
9 years | $-2,359 |
11 years | $-887 |
13 years | $585 |
15 years | $2,057 |
17 years | $3,529 |
19 years | $5,001 |
21 years | $6,473 |
23 years | $7,945 |
25 years | $9,418 |
Top Solar Installers in Pawling
Many homeowners decide to hire a solar panel company since installing solar panels on your own can be a lot of work. A solar installer can also help save you money in the long run by offering warranties, repairs and component replacements.
If you're searching for a solar company in Pawling, 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
See all of the solar companies in Pawling
Factors that Affect Solar Panel Costs in Pawling
Cost is usually one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that determine your overall cost in Pawling: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
One of the most significant 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 power your household consumes, the larger your system will likely need to be. You can expect to pay around $2,950 per kilowatt in Pawling. There are several different solar panel brands and the one you choose also affects the cost. Generally speaking, the brands that have better efficiency tend to also cost more. Additionally, the type of equipment you're looking to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are offered by most installers in Pawling, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible. Even though solar loans make going solar more accessible for Pawling homeowners, they can also raise the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar company you choose to handle your switch to solar energy can play a part in your total costs. There are about 3 solar installation companies operating in Pawling, and each can charge different amounts for labor and equipment. You may notice national solar installers that have lower prices due to their larger brand name and access to bulk equipment 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 | $3.07 | $12,886 | $12,487 | 12.7 years |
8 kW | $3.01 | $16,850 | $16,980 | 12.5 years |
10 kW | $2.95 | $20,650 | $21,637 | 12.2 years |
12 kW | $2.89 | $24,284 | $26,460 | 12.0 years |
14 kW | $2.83 | $27,754 | $31,449 | 11.7 years |
16 kW | $2.77 | $31,058 | $36,602 | 11.5 years |
18 kW | $2.71 | $34,196 | $41,921 | 11.2 years |
20 kW | $2.66 | $37,170 | $47,405 | 11.0 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be a tough decision, we have some tips to help you, such as:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to get the job done well. Another way you can look into your installer's reputation is by reading reviews.
- Contract: Read the contract terms closely to make sure you understand the cost breakdown, project timeline rebates and warranties.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose impacts which solar panel brands you have access to.
- Warranty: If you're concerned about the durability of your solar system, checking if your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
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 Pawling, NY Solar Cost FAQs
What is the average cost of installing solar panels in Pawling?
The average cost of solar panels in Pawling 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 stuff such as the type of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Pawling?
You can't get solar panels for free in Pawling. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Can solar panels significantly reduce my electricity bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $845.75 per year.
How long do solar panels last in Pawling?
On average, solar panels can last 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 level 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.