Solar Panel Cost Guide in Pleasant Valley, NY (2023 Update)
- Pleasant Valley Solar Installation Cost: $8,985
- 25-Year Savings: $13,015
- Payback Period: 10.2 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Pleasant Valley
Let's have a look at the average cost of solar in Pleasant Valley.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Pleasant Valley, the typical cost of solar panels is 2.95 per watt. To account for the typical energy usage of the average home in Pleasant Valley, most homeowners require a 4.3-kilowatt system. Using the figure above, a solar installation costs around $8,983, or $12,846 before the federal solar tax credit of 30% is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The actual cost of making the switch to solar can vary depending on multiple factors, such as how many panels you need, your energy consumption and what company you go with. With average savings of about $19,000 on utility bills over 20 years, many homeowners in Pleasant Valley find investing in solar has a decent ROI.
You can click the button below to get connected with a vetted solar company in Pleasant Valley that can help you get a more accurate cost estimate for your home.
Solar savings over time in Pleasant Valley
| Year | Return on Investment |
|---|---|
| 1 years | $-8,912 |
| 3 years | $-8,765 |
| 5 years | $-8,619 |
| 7 years | $-8,472 |
| 9 years | $-8,325 |
| 11 years | $-8,179 |
| 13 years | $-8,032 |
| 15 years | $-7,885 |
| 17 years | $-7,738 |
| 19 years | $-7,592 |
| 21 years | $-7,445 |
| 23 years | $-7,298 |
| 25 years | $-7,152 |
Top Solar Installers in Pleasant Valley
Installing solar panels on your own can be a dangerous project, which is why getting a solar installation company is a good option for many homeowners. The payback period of solar panels will vary depending on factors like your roof configuration and energy needs, but working with a solar installer can shorten that period. Your provider will be able to help you get the most out of incentives available in your area.
If you'd like to start using solar energy but still aren't sure which solar panel installer to go with, here are our recommendations for providers nearby:
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 Pleasant Valley
Factors that Affect Solar Panel Costs in Pleasant Valley
Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few major factors that determine your overall cost in Pleasant Valley: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. For that reason, it's a priority to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Pleasant Valley, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, 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
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are offered by most installers in Pleasant Valley, which can lower, or in some cases totally eliminate, your upfront costs to make solar more accessible. It's wise to include the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay back the loan.
Solar Panel Installation Company
The solar panel installation company you choose will impact your total cost to make the switch to solar . Different companies will charge different amounts for the equipment and labor. Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and decide on the company that offers the products, warranties and services you're looking for and also fits within your budget.
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 | $17,451 | 10.6 years |
| 8 kW | $3.01 | $16,850 | $23,599 | 10.4 years |
| 10 kW | $2.95 | $20,650 | $29,912 | 10.2 years |
| 12 kW | $2.89 | $24,284 | $36,389 | 10.0 years |
| 14 kW | $2.83 | $27,754 | $43,033 | 9.8 years |
| 16 kW | $2.77 | $31,058 | $49,841 | 9.6 years |
| 18 kW | $2.71 | $34,196 | $56,814 | 9.4 years |
| 20 kW | $2.66 | $37,170 | $63,953 | 9.2 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- 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 how part repairs and replacements will be handled.
- Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like the EcoWatch team.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you go with.
- Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
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 Pleasant Valley, NY Solar Cost FAQs
How much does it cost to install solar panels in Pleasant Valley?
The average cost of solar panels in Pleasant Valley 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 model of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Pleasant Valley?
Leasing solar panels can be an option if you can't afford to pay upfront or get a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your home 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 financial benefits from going solar.
How much can I save on energy bills after switching to solar?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Pleasant Valley, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can 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.