Solar Panel Cost Guide in Seneca Falls, NY (2024 Update)
- Seneca Falls Solar Installation Cost: $11,850
- 25-Year Savings: $5,692
- Payback Period: 19.4 Years
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Average Cost of Solar Panels in Seneca Falls
Let’s take a look at the average cost of solar in Seneca Falls.
The average cost of solar panels in Seneca Falls is 4 per watt.The average solar panel system size in Seneca Falls is around 4.6 kilowatts, meaning a cost of about $11,850 for a solar installation, or $16,946 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Seneca Falls homeowners. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.With typical savings of about $13,000 on power bills over 20 years, many homeowners in Seneca Falls find going solar has a decent ROI.
For a customized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Seneca Falls
Year | Return on Investment |
---|---|
1 years | $-10,996 |
3 years | $-9,289 |
5 years | $-7,582 |
7 years | $-5,876 |
9 years | $-4,169 |
11 years | $-2,462 |
13 years | $-755 |
15 years | $952 |
17 years | $2,659 |
19 years | $4,366 |
21 years | $6,073 |
23 years | $7,780 |
25 years | $9,487 |
Top Solar Installers in Seneca Falls
Many homeowners opt for a solar panel company since installing solar panels yourself can be hard. Companies can also offer access to quality options of the best solar panels and help you choose which one will be right for your home.
Working with a licensed solar company can help your solar project go smoothly. Here are our recommendations:
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 Seneca Falls
Factors that Affect Solar Panel Costs in Seneca Falls
There are several criteria that can affect your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. Because of that, it’s a priority to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs.The brand and kind of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive 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. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are available from most installers in Seneca Falls, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also increases your all-in costs, so it’s crucial to take that into consideration as well. You can always reduce the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar system can impact the cost. Seneca Falls’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Seneca Falls know more about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. 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 | $3.80 | $15,943 | $3,810 | 20.2 years |
8 kW | $3.72 | $20,849 | $5,489 | 19.8 years |
10 kW | $3.65 | $25,550 | $7,372 | 19.4 years |
12 kW | $3.58 | $30,047 | $9,460 | 19.0 years |
14 kW | $3.50 | $34,339 | $11,752 | 18.6 years |
16 kW | $3.43 | $38,427 | $14,248 | 18.2 years |
18 kW | $3.36 | $42,311 | $16,949 | 17.8 years |
20 kW | $3.29 | $45,990 | $19,854 | 17.5 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Reputation: Companies that have been operating for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should acquire and what the project timeline is.
- Contract: It’s important to look over your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Solar Panel Brands: Different companies carry different brands and models of panels. If you prefer a specific brand, make sure the solar panel company you’re considering has it.
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 Seneca Falls, NY Solar Cost FAQs
How much does it cost to install solar panels in Seneca Falls?
The average cost of solar panels in Seneca Falls is about $18,250 for a 5-kW system and $36,500 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Seneca Falls?
Solar panels aren’t free in Seneca Falls, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Is going solar worth it?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and how much direct sunlight your roof gets.
How long do solar panels last in Seneca Falls?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can choose to replace them after having them for that long or you can keep using them at a lower efficiency.
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.