Solar Panel Cost Guide in Pendleton, NY (2024 Update)
- Pendleton Solar Installation Cost: $10,627
- 25-Year Savings: $7,149
- Payback Period: 16.9 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Pendleton
Find out what the average cost of installing solar panels is in Pendleton.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Pendleton, the average cost of solar panels is 4 per watt.The average Pendleton homeowner needs a 4.2-kilowatt system, which would cost about $10,627 with the federal tax credit, or $15,197 before the 0 tax credit is applied.
Remember that the numbers above are only averages. The price you’ll end up paying for solar will differ based on your household energy needs, the type of equipment you want, your solar contractor and more.Despite the large initial cost, the average Pendleton homeowner can save about $14,000 on their power bills over 20 years, which is one of the advantages of solar.
Click the button below to get connected to a reputable solar company in your area for a customized estimate.
Solar savings over time in Pendleton
| Year | Return on Investment |
|---|---|
| 1 years | $-9,760 |
| 3 years | $-8,026 |
| 5 years | $-6,291 |
| 7 years | $-4,557 |
| 9 years | $-2,822 |
| 11 years | $-1,088 |
| 13 years | $647 |
| 15 years | $2,381 |
| 17 years | $4,116 |
| 19 years | $5,850 |
| 21 years | $7,585 |
| 23 years | $9,319 |
| 25 years | $11,054 |
Top Solar Installers in Pendleton
When switching to solar energy, many homeowners decide to go with a solar company since putting up a solar system yourself can be a difficult project. Another advantage of working with a solar company is that they can help you make the most of your investment by lowering your future costs of repairs and replacements because of warranties and giving you information on local incentives you can take advantage of.
If you’d like to switch to solar energy but still aren’t sure which solar installer to go with, here are our recommendations for providers 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 Pendleton
Factors that Affect Solar Panel Costs in Pendleton
For many Pendleton homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Pendleton, with typical prices between $20,000 to $40,000. There are numerous factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,650.The brand and type of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Most solar companies in Pendleton provide solar loans, which reduce the initial cost of installing solar.When figuring out your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The remaining major cost factor you should keep in mind is the installer you choose. Given the booming popularity of sustainable energy solutions in Pendleton, you’ll have many options to choose from, but each comes at various price points for labor and equipment.The company’s size can sometimes play the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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 | $6,759 | 17.6 years |
| 8 kW | $3.72 | $20,849 | $9,420 | 17.2 years |
| 10 kW | $3.65 | $25,550 | $12,286 | 16.9 years |
| 12 kW | $3.58 | $30,047 | $15,357 | 16.5 years |
| 14 kW | $3.50 | $34,339 | $18,632 | 16.2 years |
| 16 kW | $3.43 | $38,427 | $22,111 | 15.9 years |
| 18 kW | $3.36 | $42,311 | $25,795 | 15.5 years |
| 20 kW | $3.29 | $45,990 | $29,683 | 15.2 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you go with.
- Installation Process: When making the switch to solar energy, it’s crucial to keep an open line of communication with your solar panel company. See to it that you understand how the installation process works and the project completion timeline.
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years in most cases offer high-quality solar panel installation and expertise.
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
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 Pendleton, NY Solar Cost FAQs
What is the average cost of installing solar panels in Pendleton?
This is a tough question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $18,250 for a 5-kW system and $36,500 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Are solar panels free in Pendleton?
A solar panel system isn’t free in Pendleton, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Is going solar worth it?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.