Solar Panel Cost Guide in South Glens Falls, NY (2025 Update)
- South Glens Falls Solar Installation Cost: $11,457
- 25-Year Savings: $6,948
- Payback Period: 17.7 Years
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Average Cost of Solar Panels in South Glens Falls
We go over average solar pricing in South Glens Falls.
Currently, the national average cost of solar panels is $2.66 per watt. However, in South Glens Falls, the average cost of solar panels is 4 per watt.To cover the typical energy usage of the average home in South Glens Falls, most homeowners require a 4.5-kilowatt system. Using the figure above, a solar installation costs about $11,457, or $16,384 before the federal solar tax credit of 0 is applied.
The actual price you pay can go higher or lower than the average in South Glens Falls depending on a variety of factors, such as the kind of solar panels you choose and the solar installer you hire.But, once you've paid the initial cost of installation, the ROI for most homeowners is usually rewarding, with a net average savings of about $14,000 over 20 years on energy bills.
You can click the button below to get connected with a pre-vetted solar installer in South Glens Falls for a quote for your home.
Solar savings over time in South Glens Falls
| Year | Return on Investment |
|---|---|
| 1 years | $-10,548 |
| 3 years | $-8,731 |
| 5 years | $-6,914 |
| 7 years | $-5,097 |
| 9 years | $-3,279 |
| 11 years | $-1,462 |
| 13 years | $355 |
| 15 years | $2,172 |
| 17 years | $3,989 |
| 19 years | $5,806 |
| 21 years | $7,623 |
| 23 years | $9,441 |
| 25 years | $11,258 |
Top Solar Installers in South Glens Falls
Although it's possible to install solar panels by yourself, it requires extra effort and handiness. That's one of the reasons almost all homeowners choose a solar panel installer. Plus, if you’re unsure what kind of solar panels and equipment you need, a solar expert can help you find the right equipment for you after a site survey and consultation.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some nearby:
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 South Glens Falls
Factors that Affect Solar Panel Costs in South Glens Falls
Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few key factors that determine your overall cost in South Glens Falls: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,650.The kind of solar panels and equipment you want is another factor that will greatly influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Furthermore, solar equipment goes beyond just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when researching a solar system that falls within your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in South Glens Falls to be too expensive, even if the investment pays off over time. Thankfully, nearly every solar company in the area offers financing options. Solar loans drastically decrease upfront costs in most cases, but they also lead to paying more over time due to interest.When considering your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The solar company you hire to handle your switch to clean energy can play a part in your total costs. There are about 3 solar installation companies in South Glens Falls, and each can charge varying amounts for labor and equipment.Larger national companies generally have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle charger installation, they might be cheaper overall.
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 | $5,743 | 18.4 years |
| 8 kW | $3.72 | $20,849 | $8,066 | 18.0 years |
| 10 kW | $3.65 | $25,550 | $10,594 | 17.7 years |
| 12 kW | $3.58 | $30,047 | $13,326 | 17.3 years |
| 14 kW | $3.50 | $34,339 | $16,262 | 17.0 years |
| 16 kW | $3.43 | $38,427 | $19,403 | 16.6 years |
| 18 kW | $3.36 | $42,311 | $22,748 | 16.3 years |
| 20 kW | $3.29 | $45,990 | $26,298 | 15.9 years |
How to Save on Solar Panels
There are numerous companies to choose from in South Glens Falls, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Reputation: Long-standing companies likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose impacts which solar panel brands you have access to.
- Installation Process: An important thing to understand when going solar 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 secure and how long the project will take.
- Warranty: Many companies offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
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 South Glens Falls, NY Solar Cost FAQs
What is the average cost of installing solar panels in South Glens Falls?
The average cost of solar panels in South Glens Falls is about $18,250 for a 5-kW system and $36,500 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in South Glens Falls?
You can’t get solar panels for free in South Glens Falls. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
How much can I save on electricity bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $722.88 per year.
How long do solar panels last in South Glens Falls?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases 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.