Solar Panel Cost Guide in Philipstown, NY (2024 Update)
- Philipstown Solar Installation Cost: $11,042
- 25-Year Savings: $14,096
- Payback Period: 12.0 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 Philipstown
See how much it might cost to make the switch to solar in Philipstown.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Philipstown, the typical cost of solar panels is 4 per watt.The average Philipstown homeowner needs a 4.3-kilowatt system, which would cost about $11,042 with the federal tax credit, or $15,790 before the 0 tax credit is applied.
These figures are only estimates, and your own solar costs will differ based on factors unique to your home and what company you want to go with.Many homeowners find going solar is a rewarding investment. The average homeowner in Philipstown can save about $20,000 on their electricity bills over 20 years.
Click the button below to get connected to a vetted solar company in Philipstown for a custom estimate.
Solar savings over time in Philipstown
| Year | Return on Investment |
|---|---|
| 1 years | $-9,779 |
| 3 years | $-7,252 |
| 5 years | $-4,726 |
| 7 years | $-2,199 |
| 9 years | $327 |
| 11 years | $2,853 |
| 13 years | $5,380 |
| 15 years | $7,906 |
| 17 years | $10,433 |
| 19 years | $12,959 |
| 21 years | $15,485 |
| 23 years | $18,012 |
| 25 years | $20,538 |
Top Solar Installers in Philipstown
When switching to solar energy, many homeowners opt to go with a solar installation company since handling can be a challenging project. Some solar installers, especially local ones, can help you make the most of incentives in Philipstown, thereby optimizing your ROI.
If you're searching for a solar installer in Philipstown, we've organized a list of our top suggestions here:
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 Philipstown
Factors that Affect Solar Panel Costs in Philipstown
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few key factors that affect your total cost in Philipstown: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Philipstown, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy consumption, which you can gauge by looking at past energy bills. Your total cost can increase by about $3,650 for each additional kilowatt you need.There are a lot of different solar panel brands and the one you choose also affects the cost. Usually, the brands that have better efficiency tend to also cost more. Plus, the type of equipment you’re looking to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Philipstown have solar loans, which reduce the initial cost of installing solar panels.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Philipstown is the company you hire to install your solar system. Similar to choosing a company to install new cabinets, for example, there are plenty of solar installers that provide a range of services for different budgets.The size of the company sometimes plays the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices because of 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 down to compete with bigger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.80 | $15,943 | $16,017 | 12.5 years |
| 8 kW | $3.72 | $20,849 | $21,765 | 12.2 years |
| 10 kW | $3.65 | $25,550 | $27,717 | 12.0 years |
| 12 kW | $3.58 | $30,047 | $33,873 | 11.8 years |
| 14 kW | $3.50 | $34,339 | $40,234 | 11.5 years |
| 16 kW | $3.43 | $38,427 | $46,800 | 11.3 years |
| 18 kW | $3.36 | $42,311 | $53,569 | 11.0 years |
| 20 kW | $3.29 | $45,990 | $60,543 | 10.8 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose greatly impacts your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years most likely provide good-quality solar panel installation and expertise.
- Solar Panel Brands: The model of solar panel you’d like to get plays a part in which company you should choose, since different companies have different panels.
- Contract: Look through the contract terms thoroughly to make sure you understand the cost breakdown, completion timeline rebates and warranties.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, including when the site survey will be done and what the project timeline is.
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 Philipstown, NY Solar Cost FAQs
How much does it cost to install solar panels in Philipstown?
The average cost of solar panels in Philipstown is about $18,250 for a 5-kW system and $36,500 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the model of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Philipstown?
Solar panels aren’t free in Philipstown, but there are some options that can make getting them more affordable, 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 making the switch to solar worth it?
Solar panels can be a beneficial investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your electricity bills are already fairly low, solar panels might not be for you.
How often do you have to replace solar panels?
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 amount 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.