Solar Panel Cost Guide in Schroeppel, NY (2024 Update)

  • Schroeppel Solar Installation Cost: $11,706
  • 25-Year Savings: $6,962
  • Payback Period: 17.8 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Schroeppel

We go over average solar pricing in Schroeppel.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Schroeppel, the average cost of a solar system is 4 per watt.To account for the typical energy usage of the average home in Schroeppel, most homeowners require a 4.6-kilowatt system. Using the per-watt figure above, a solar installation costs around $11,706, or $16,740 before the federal solar tax credit of 0 is applied.

Keep in mind that the figures above are only estimates based on the average Schroeppel homeowner. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.But, after you've paid the initial cost of installation, the ROI for most homeowners is usually fruitful, with a net average savings of about $14,000 over 20 years on power bills.

To calculate your potential ROI and connect with a local solar company, click the button below.

Solar savings over time in Schroeppel

Year Return on Investment
1 years $-10,797
3 years $-8,980
5 years $-7,163
7 years $-5,346
9 years $-3,529
11 years $-1,712
13 years $106
15 years $1,923
17 years $3,740
19 years $5,557
21 years $7,374
23 years $9,191
25 years $11,008

Top Solar Installers in Schroeppel

Installing solar panels on your own can be a stressful undertaking, which is why using a solar installer is a good option for many homeowners. A solar installer can also help save you money over the lifespan of your system by offering warranties, repairs and component replacements.

Working with a professional solar installer can help you make the most of your investment in solar. Here are our recommendations:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best for Leasing

Sunrun

★★★★★
4.0

  • 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 Schroeppel

Factors that Affect Solar Panel Costs in Schroeppel

While the average cost of a solar system in Schroeppel is $11,706, your actual cost may be above or below the average. There are quite a few factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more crucial things to take into consideration.

Solar Equipment

When it comes to estimating the price of a solar system in Schroeppel, 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 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.The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted 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 limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.

Solar Financing Terms

If paying for a solar system out of pocket is out of reach, solar loans are an affordable option because they cut back your upfront costs and let you pay for your system over a term of, on average, between five and seven years.However, the interest on solar loans also adds to your total costs, so it’s crucial to keep that in mind as well. You can always bring down the total you pay in interest and sometimes even your APR by making a larger down payment.

Solar Panel Installation Company

The solar installer you choose to handle your switch to solar energy can play a role in your total costs. There are about 3 solar panel companies in Schroeppel, and each can charge different amounts for labor and equipment.You may see national solar installers that have lower prices because of their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those larger 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 $5,564 18.5 years
8 kW $3.72 $20,849 $7,827 18.2 years
10 kW $3.65 $25,550 $10,295 17.8 years
12 kW $3.58 $30,047 $12,967 17.5 years
14 kW $3.50 $34,339 $15,844 17.1 years
16 kW $3.43 $38,427 $18,925 16.8 years
18 kW $3.36 $42,311 $22,210 16.4 years
20 kW $3.29 $45,990 $25,700 16.0 years

How to Save on Solar Panels

There are many companies to choose from in Schroeppel, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:

  • Contract: It’s important to look over your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
  • Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
  • Installation Process: When going solar, it’s crucial to keep an open line of communication with your solar panel company. Confirm that you understand how the installation process will go and the project timeline.
  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to get the job done well. Another way you can verify your installer’s reputation is by reading reviews.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

EcoWatch's Schroeppel, NY Solar Cost FAQs

How much does it cost to install solar panels in Schroeppel?

This is a tough question to answer precisely, because the cost depends on a variety of factors. Generally speaking, it costs about $18,250 for a 5-kW system and $36,500 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you go with a smaller solar panel system or cheaper solar panels.

What other factors should I consider apart from cost when buying solar panels?

Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.

Do solar panels increase the value of your home?

Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Schroeppel is currently $220,056, so you can expect a value of about $9,022 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Schroeppel is a fruitful investment.

What solar power system size is right for my home?

To figure out what solar panel system size you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.

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.

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