Solar Panel Cost Guide in Suny Oswego, NY (Jan 2023)

  • Suny Oswego Solar Installation Cost: $9,458
  • 25-Year Savings: $7,289
  • Payback Period: 14.1 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 20, 2023

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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 Suny Oswego

We go over average solar pricing in Suny Oswego.

The average cost of a solar panel system in Suny Oswego is $3 per watt. To account for the typical energy needs of the average home in Suny Oswego, most homeowners require a 4.6-kilowatt system. Using the per-watt figure above, a solar installation costs around $9,458, or $6,999 after the federal solar tax credit of 30% is applied.

The true cost of your system can be above or below the average in Suny Oswego depending on several factors, such as the type of solar panels you choose and the solar contractor you hire. Even with the large upfront cost, the average Suny Oswego homeowner can save around $14,000 on their electricity bills over 20 years, which is one of the perks of solar.

To get a free estimate from a vetted solar company in Suny Oswego, you can click the button below.

Solar savings over time in Suny Oswego

Year Return on Investment
1 years $-8,788
3 years $-7,448
5 years $-6,108
7 years $-4,769
9 years $-3,429
11 years $-2,089
13 years $-750
15 years $590
17 years $1,930
19 years $3,270
21 years $4,609
23 years $5,949
25 years $7,289

Top Solar Installers in Suny Oswego

DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a pain. Hiring a solar company can make converting to solar power much easier. The payback period on a solar system will vary based on factors like your location and energy use, but going with a solar company can shorten it. Your provider will be able to help you get the most out of incentives available in your area.

If you're searching for a solar company in Suny Oswego, the EcoWatch team has put together a list of our top suggestions here:

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 Technology

Tesla Energy

★★★★★
4.5

  • 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 Suny Oswego

Factors that Affect Solar Panel Costs in Suny Oswego

The cost of installing a solar system in Suny Oswego can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar installer you choose.

Solar Equipment

The cost of solar panels varies by thousands of dollars due to a few different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power generation 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 $2,950. The kind of solar equipment you choose can bring your price up or down 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. However, higher efficiency could save you more in the long run on your power bills. In addition, extra products, like solar batteries, can bring your total well above the Suny Oswego average.

Solar Financing Terms

Most solar companies in Suny Oswego offer solar loans, which reduce the initial cost of installing a solar system. You'll have to consider the long-term cost of financing options, 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 principal cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs considerably.

Solar Panel Installation Company

The solar installer you go with to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar panel companies in Suny Oswego, and each can charge different amounts for labor and equipment. The size of the company sometimes plays the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger companies.

Solar Panel Cost Data by System Size

System size Cost per system watt Solar system cost 25-Year savings Payback period
6 kW $3.07 $12,886 $9,045 14.7 years
8 kW $3.01 $16,850 $12,391 14.4 years
10 kW $2.95 $20,650 $15,902 14.1 years
12 kW $2.89 $24,284 $19,578 13.8 years
14 kW $2.83 $27,754 $23,419 13.6 years
16 kW $2.77 $31,058 $27,425 13.3 years
18 kW $2.71 $34,196 $31,597 13.0 years
20 kW $2.66 $37,170 $35,933 12.7 years

How to Save on Solar Panels

The solar panel company you opt for will affect not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should take into account, including:

  • Warranty: Warranties that provide coverage for defective panels and repairs over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one indication of a good company.
  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can look into your installer's reputation is by reading reviews.
  • Contract: Even though reading through a contract can be tedious, it's important to do it thoroughly so you can be sure you understand what services your solar company will provide and the terms of the warranty.
  • Solar Panel Brands: The brand of solar panel you'd like plays a role in which company you should go with, since different companies offer different panels.

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 Technology

Tesla Energy

★★★★★
4.5

  • 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 Suny Oswego, NY Solar Cost FAQs

How much does it cost to install solar panels in Suny Oswego?

The average cost of solar panels in Suny Oswego 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 things like the model of solar panels you want, what size system you need and how much energy you use.

Can you get solar panels for free in Suny Oswego?

You can't get solar panels for free in Suny Oswego. 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'd rather own your solar panels, you can finance them with a solar loan.

Is it worth going solar in Suny Oswego?

Solar panels can be a good investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already pretty low, solar panels might not be for you.

How long do solar panels last in Suny Oswego?

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 larger amount 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.

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