Solar Panel Cost Guide in Perry, NY (2023 Update)
- Perry Solar Installation Cost: $9,499
- 25-Year Savings: $6,259
- Payback Period: 15.1 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Perry
Let's take a look at the average cost of solar panels in Perry.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Perry, the average cost of a solar system is 2.95 per watt. The average solar panel system size in Perry is around 4.6 kilowatts, meaning a cost of about $9,499 for a solar installation, or $13,584 before the 30% federal solar 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 consumption, the type of equipment you choose, your solar contractor and more. For many homeowners, the upfront cost of solar is worth paying. On average you could be looking at about $13,000 in savings on energy bills over 20 years.
You can click the button below to get connected with a vetted solar installer in Perry for a quote for your home.
Solar savings over time in Perry
| Year | Return on Investment |
|---|---|
| 1 years | $-8,869 |
| 3 years | $-7,608 |
| 5 years | $-6,347 |
| 7 years | $-5,087 |
| 9 years | $-3,826 |
| 11 years | $-2,565 |
| 13 years | $-1,305 |
| 15 years | $-44 |
| 17 years | $1,217 |
| 19 years | $2,477 |
| 21 years | $3,738 |
| 23 years | $4,999 |
| 25 years | $6,259 |
Top Solar Installers in Perry
Although it's possible to install solar panels on your own, it requires extra labor and handiness. For that reason, the majority of homeowners choose to hire a solar panel installer. Companies can also provide access to quality options of the best solar panels and help you decide which one will be best for you.
Working with a professional solar company can help you make the most of your investment in solar. 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
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Perry
Factors that Affect Solar Panel Costs in Perry
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few primary factors that determine your overall cost in Perry: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
The size of the solar system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $2,950. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your electric bills. In addition, extra products, such as solar batteries, can bring your total well above the Perry average.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a significant investment. That's why many Perry homeowners opt to finance their solar panel systems to make going solar more affordable. However, the interest on solar loans also adds to your all-in costs, so it's important to include that in your estimate as well. You can always reduce the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The remaining major cost factor you should take into consideration is the installer you choose. Given the growing popularity of sustainable energy solutions in Perry, you'll have a great number of options to choose from, but each comes at different price points for labor and equipment. 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 promotions to compete with those larger companies.
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 | $7,660 | 15.7 years |
| 8 kW | $3.01 | $16,850 | $10,544 | 15.4 years |
| 10 kW | $2.95 | $20,650 | $13,592 | 15.1 years |
| 12 kW | $2.89 | $24,284 | $16,807 | 14.8 years |
| 14 kW | $2.83 | $27,754 | $20,186 | 14.5 years |
| 16 kW | $2.77 | $31,058 | $23,730 | 14.2 years |
| 18 kW | $2.71 | $34,196 | $27,440 | 13.9 years |
| 20 kW | $2.66 | $37,170 | $31,315 | 13.6 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 pick the right company for you, here are some tips to keep in mind:
- Contract: Review the contract terms thoroughly to make sure you understand the cost breakdown, project timeline incentives and warranties.
- Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- 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 has an impact on which solar panel brands you have access to.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Perry, NY Solar Cost FAQs
How much does it cost to install solar panels in Perry?
The average cost of solar panels in Perry 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 like the type of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Perry?
Solar panels aren't free in Perry, 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 can help lower the cost.
Do solar panels increase your home value?
Solar panels can increase your property's value remarkably as long as you buy or finance your panels and don't go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption and the average daily sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to account for their typical energy usage.
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.