Solar Panel Cost Guide in Sherburne, NY (Mar 2023)
- Sherburne Solar Installation Cost: $9,602
- 25-Year Savings: $5,198
- Payback Period: 16.2 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Sherburne
See how much it might cost to make the switch to solar in Sherburne.
The national average cost of solar panels is $2.66 per watt, but in Sherburne it's 2.95 per watt. The average solar panel system size in Sherburne is around 4.7 kilowatts, meaning a cost of about $9,602 for a solar installation, or $13,731 before the 30% federal solar tax credit is applied.
The true cost of your system can be above or below the average in Sherburne depending on a few factors, such as the brand of solar panels you choose and the solar contractor you hire. Despite the significant upfront cost, the average Sherburne homeowner can save around $12,000 on their energy bills over 20 years, which is one of the advantages of solar.
Click the button below to get connected to a top solar panel company in your area for a personalized quote.
Solar savings over time in Sherburne
| Year | Return on Investment |
|---|---|
| 1 years | $-9,010 |
| 3 years | $-7,826 |
| 5 years | $-6,642 |
| 7 years | $-5,458 |
| 9 years | $-4,274 |
| 11 years | $-3,090 |
| 13 years | $-1,906 |
| 15 years | $-722 |
| 17 years | $462 |
| 19 years | $1,646 |
| 21 years | $2,830 |
| 23 years | $4,014 |
| 25 years | $5,198 |
Top Solar Installers in Sherburne
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a headache. Taking advantage of an installer can make converting to solar power much easier. Local solar installers can also help you maximize your return on investment by walking you through any local incentives you can take advantage of and by providing warranties and repairs.
Working with a licensed solar company can help your solar project go smoothly. 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
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 Sherburne
Factors that Affect Solar Panel Costs in Sherburne
Cost is usually one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that affect your total cost in Sherburne: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to spend around $2,950 per kilowatt in Sherburne. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your energy bills. In addition, add-on products, like solar batteries, can bring your total well above the Sherburne average.
Solar Financing Terms
Most solar installers in Sherburne provide solar loans, which reduce your upfront costs of installing solar panels. You'll have to consider the long-term cost of loans, including the total interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
Finally, the company you hire to install your solar panels can play a part in determining the cost. Sherburne's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Sherburne are more knowledgeable about local solar incentives and can help you learn about 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 | $3.07 | $12,886 | $6,225 | 16.9 years |
| 8 kW | $3.01 | $16,850 | $8,630 | 16.5 years |
| 10 kW | $2.95 | $20,650 | $11,201 | 16.2 years |
| 12 kW | $2.89 | $24,284 | $13,937 | 15.9 years |
| 14 kW | $2.83 | $27,754 | $16,838 | 15.6 years |
| 16 kW | $2.77 | $31,058 | $19,904 | 15.2 years |
| 18 kW | $2.71 | $34,196 | $23,135 | 14.9 years |
| 20 kW | $2.66 | $37,170 | $26,532 | 14.6 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 brands and price points. To help you find the right company for you, here are some tips to keep in mind:
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
- Contract: When looking over your solar installer's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- Warranty: If you're worried about the longevity of your solar panels, making sure your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. Although there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you take a look at their list of offerings before making your decision.
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 Sherburne, NY Solar Cost FAQs
How much does it cost to install solar panels in Sherburne?
The average cost of solar panels in Sherburne is about $14,750 for a 5-kW system and $29,500 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Sherburne?
A solar panel system isn't free in Sherburne, 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 you can take advantage of.
Does Sherburne have a net metering program?
Most states have net metering programs of some kind. Through these, you can get paid for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Sherburne?
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 larger 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.