Solar Panel Cost Guide in Plattekill, NY (2023 Update)
- Plattekill Solar Installation Cost: $9,002
- 25-Year Savings: $12,765
- Payback Period: 10.3 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Plattekill
Let's have a look at the average cost of solar panels in Plattekill.
The national average cost of solar panels is $2.66 per watt, but in Plattekill it's 2.95 per watt. Since a 4.4-kW system is needed to cover the energy costs of a typical home in Plattekill, the average price of going solar will be about $9,003 after claiming the federal solar tax credit of 30%.
Remember that the numbers above are only averages. The price you'll end up paying for solar will differ based on your household energy use, the type of solar system you choose, your solar contractor and more. Many homeowners find going solar is a rewarding investment. The average homeowner in Plattekill can save about $19,000 on their electricity bills over 20 years.
You can click the button below to get connected with a pre-vetted solar company in Plattekill that can help you get a more accurate cost estimate for your home.
Solar savings over time in Plattekill
| Year | Return on Investment |
|---|---|
| 1 years | $-8,929 |
| 3 years | $-8,784 |
| 5 years | $-8,639 |
| 7 years | $-8,494 |
| 9 years | $-8,348 |
| 11 years | $-8,203 |
| 13 years | $-8,058 |
| 15 years | $-7,913 |
| 17 years | $-7,768 |
| 19 years | $-7,623 |
| 21 years | $-7,478 |
| 23 years | $-7,333 |
| 25 years | $-7,188 |
Top Solar Installers in Plattekill
Many homeowners decide to hire a solar panel installer since trying to install solar panels on your own can be challenging. Also, companies with an outstanding reputation that are more expensive upfront could actually save you money in the long run because of their warranties, repair services and expert design.
Working with a licensed solar company can make going solar easier. 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
See all of the solar companies in Plattekill
Factors that Affect Solar Panel Costs in Plattekill
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 performs the installation.
Solar Equipment
When it comes to estimating the price of a solar energy system in Plattekill, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy usage, which you can figure out by looking at past power bills. Your total cost can increase by about $2,950 for each additional kilowatt you need. The brand of solar panels and equipment you get is another factor that will considerably impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Moreover, solar equipment is more than just the solar panels themselves. You'll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that falls within your budget.
Solar Financing Terms
Most solar companies in Plattekill offer solar loans, which reduce your upfront costs of installing solar panels. It's wise to add the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it'll take to pay back the loan.
Solar Panel Installation Company
The solar installer you choose to handle your switch to solar energy can play a part in your total costs. There are about 3 solar installation companies in Plattekill, and each can charge varying amounts for labor and equipment. The company's size can sometimes play the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to greater 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 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 | $3.07 | $12,886 | $17,075 | 10.8 years |
| 8 kW | $3.01 | $16,850 | $23,097 | 10.5 years |
| 10 kW | $2.95 | $20,650 | $29,284 | 10.3 years |
| 12 kW | $2.89 | $24,284 | $35,637 | 10.1 years |
| 14 kW | $2.83 | $27,754 | $42,155 | 9.9 years |
| 16 kW | $2.77 | $31,058 | $48,837 | 9.7 years |
| 18 kW | $2.71 | $34,196 | $55,685 | 9.5 years |
| 20 kW | $2.66 | $37,170 | $62,699 | 9.3 years |
How to Save on Solar Panels
There are many companies to choose from in Plattekill, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to align on any details you should know with your solar company, such as what permits you should acquire and how long the project will take.
- Warranty: Warranties that provide coverage for replacement parts and repairs over a long period of time such as 25 years are the gold standard in the business, and offering that kind of warranty is one mark of a quality company.
- Contract: Review the contract terms closely to make sure you understand how much it will cost, completion timeline incentives and warranties.
- Solar Panel Brands: Different companies offer different brands and kinds of panels. If you prefer a specific brand, make sure the solar panel installer you're considering has it.
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 Plattekill, NY Solar Cost FAQs
What is the average cost of installing solar panels in Plattekill?
This is a hard question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $14,750 for a 5-kW system and $29,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have above-average energy consumption. Conversely, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Is it better to lease or buy solar panels in Plattekill?
Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Is switching to solar power worth it?
Solar panels can be a great investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your energy bills are already reasonably low, solar panels might not be for you.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and the amount of 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 get 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.