Solar Panel Cost Guide in Poestenkill, NY (2023 Update)
- Poestenkill Solar Installation Cost: $9,416
- 25-Year Savings: $6,165
- Payback Period: 15.1 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Poestenkill
Let's have a look at the average cost of solar in Poestenkill.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Poestenkill, the average cost of solar panels is 2.95 per watt. Because a 4.6-kW system is needed to cover the energy usage of a typical home in Poestenkill, the average price of going solar will be about $9,416 after claiming the federal solar tax credit of 30%.
Bear in mind that the figures above are only estimates based on the average energy use of Poestenkill homeowners. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. Even with the significant initial cost, the average Poestenkill homeowner can save around $13,000 on their power bills over 20 years, which is one of the positives of solar.
You can click the button below to get connected with a top solar installer in Poestenkill that can help you get a more accurate cost estimate for your home.
Solar savings over time in Poestenkill
| Year | Return on Investment |
|---|---|
| 1 years | $-8,793 |
| 3 years | $-7,547 |
| 5 years | $-6,300 |
| 7 years | $-5,054 |
| 9 years | $-3,807 |
| 11 years | $-2,560 |
| 13 years | $-1,314 |
| 15 years | $-67 |
| 17 years | $1,179 |
| 19 years | $2,426 |
| 21 years | $3,672 |
| 23 years | $4,919 |
| 25 years | $6,165 |
Top Solar Installers in Poestenkill
Although you can install solar panels on your own, it involves extra labor and handiness. That's why most homeowners choose to hire a solar panel installer. The payback period of solar panels will vary based on factors like your roof configuration and energy needs, but going with a solar company can shorten that period. Your provider will be able to help you identify incentives available in your area.
If you're on the hunt for a solar company in Poestenkill, the EcoWatch team has put together 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
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 Poestenkill
Factors that Affect Solar Panel Costs in Poestenkill
There are a number of factors that can determine your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Poestenkill, 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 power bills. Your total cost can increase by about $2,950 for each additional kilowatt you need. The brand and kind of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar companies in Poestenkill offer solar loans, which reduce your upfront costs of installing a solar system. However, the interest on solar loans also increases your overall costs, so it's vital to take that into consideration as well. You can always lower the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The solar panel installer you choose will affect your total cost to go solar. Different companies will bill different amounts for the equipment and labor. Additionally, some companies in Poestenkill know more about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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 | $7,606 | 15.7 years |
| 8 kW | $3.01 | $16,850 | $10,472 | 15.4 years |
| 10 kW | $2.95 | $20,650 | $13,503 | 15.1 years |
| 12 kW | $2.89 | $24,284 | $16,699 | 14.8 years |
| 14 kW | $2.83 | $27,754 | $20,061 | 14.5 years |
| 16 kW | $2.77 | $31,058 | $23,587 | 14.2 years |
| 18 kW | $2.71 | $34,196 | $27,279 | 13.9 years |
| 20 kW | $2.66 | $37,170 | $31,136 | 13.6 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since picking a company can be difficult, we have some tips to help you, such as:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to install your solar system. Another way you can research your installer's reputation is by reading reviews.
- Contract: Even though reading through a contract can take a lot of time, it's important to do it carefully so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose impacts which solar panel brands you have access to.
- Warranty: A comprehensive, long-term warranty can help keep your solar system running for years to come and save you money on part replacement and repairs.
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 Poestenkill, NY Solar Cost FAQs
How much does it cost to install solar panels in Poestenkill?
This is a hard question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $14,750 for a 5-kW system and $29,500 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Should I lease or buy solar panels in Poestenkill?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don't own the system, you don't have access to 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 financial benefits from going solar.
Can solar panels eliminate my electricity bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Poestenkill, that will require at least a 10-kW system. Not all homes 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.
How long do solar panels last in Poestenkill?
On average, the lifespan of solar panels is 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 level 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.