Solar Panel Cost Guide in Perth, NY (2023 Update)
- Perth Solar Installation Cost: $9,219
- 25-Year Savings: $6,988
- Payback Period: 14.2 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Perth
Here's how much it might cost to install solar panels in Perth.
The average cost of solar panels in Perth is 2.95 per watt. Since a 4.5-kW system is needed to cover the energy consumption of a typical home in Perth, the average price of going solar will be about $9,210 after claiming the federal solar tax credit of 30%.
These figures are only averages, and how much solar costs for you may differ based on the amount of energy your home requires and what company you choose to go with. For many homeowners, the upfront cost of solar is worth paying. On average you could be looking at about $14,000 in savings on electricity bills over 20 years.
To receive a free estimate from a vetted solar installer in Perth, you can click the button below.
Solar savings over time in Perth
| Year | Return on Investment |
|---|---|
| 1 years | $-8,311 |
| 3 years | $-6,493 |
| 5 years | $-4,676 |
| 7 years | $-2,859 |
| 9 years | $-1,042 |
| 11 years | $775 |
| 13 years | $2,592 |
| 15 years | $4,409 |
| 17 years | $6,227 |
| 19 years | $8,044 |
| 21 years | $9,861 |
| 23 years | $11,678 |
| 25 years | $13,495 |
Top Solar Installers in Perth
Many homeowners choose to use a solar installer since trying to put up solar panels by yourself can be hard. Plus, if you'd like to maximize your investment in solar power, using a solar company can help with that as well. Different providers can offer warranties, expertise on installation and sometimes even information on local incentives.
If you're looking for a solar company in Perth, 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 Perth
Factors that Affect Solar Panel Costs in Perth
There are many criteria that can influence your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy 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 spend about $2,950 per kilowatt in Perth. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Perth, where sunlight isn't as abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for solar panels in cash is out of reach, solar loans are a solid choice because they lower your upfront costs and let you pay for your system over a term of, on average, between five and seven years. Even though solar loans make switching to solar energy more accessible for Perth homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Perth is the company you hire to install your PV system. Similar to choosing a company to install new cabinets, for instance, you'll have many options for solar installers that offer a range of services at different costs. The company's size can sometimes play the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to greater resources and better 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 discount can bring their pricing lower 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 | $3.07 | $12,886 | $8,895 | 14.8 years |
| 8 kW | $3.01 | $16,850 | $12,191 | 14.5 years |
| 10 kW | $2.95 | $20,650 | $15,652 | 14.2 years |
| 12 kW | $2.89 | $24,284 | $19,278 | 13.9 years |
| 14 kW | $2.83 | $27,754 | $23,069 | 13.7 years |
| 16 kW | $2.77 | $31,058 | $27,025 | 13.4 years |
| 18 kW | $2.71 | $34,196 | $31,147 | 13.1 years |
| 20 kW | $2.66 | $37,170 | $35,433 | 12.8 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 challenge, we have some tips to help you, such as:
- Contract: Though reading through a contract can be tedious, it's important to do it fully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- Warranty: Companies typically offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you hire.
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years likely offer quality solar panel installation and expertise.
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 Perth, NY Solar Cost FAQs
How much does it cost to install solar panels in Perth?
The average cost of solar panels in Perth is about $14,750 for a 5-kW system and $29,500 for a 10-kW system before the ITC, but the real cost will depend on things like the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Perth?
You can't get solar panels for free in Perth. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Perth?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and how much direct sunlight your roof gets.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is how much 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 continue to use 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.