Solar Panel Cost Guide in Village Green, NY (2024 Update)
- Village Green Solar Installation Cost: $11,835
- 25-Year Savings: $6,533
- Payback Period: 18.4 Years
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Average Cost of Solar Panels in Village Green
Find out what the average cost of installing solar panels is in Village Green.
The average cost of a solar system in Village Green is 4 per watt.To cover the typical energy needs of the average home in Village Green, most homeowners require a 4.6-kilowatt system. Using the figure above, a solar installation costs around $11,835, or $16,924 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The exact cost of going solar can vary quite a bit depending on multiple factors, such as what size system you need, your energy usage and what installation company you go with.With average savings of about $13,000 on power bills over 20 years, many homeowners in Village Green find investing in solar can be quite rewarding.
To receive a free quote from a pre-vetted solar installation company in Village Green, you can click the button below.
Solar savings over time in Village Green
| Year | Return on Investment |
|---|---|
| 1 years | $-11,009 |
| 3 years | $-9,357 |
| 5 years | $-7,705 |
| 7 years | $-6,053 |
| 9 years | $-4,401 |
| 11 years | $-2,750 |
| 13 years | $-1,098 |
| 15 years | $554 |
| 17 years | $2,206 |
| 19 years | $3,858 |
| 21 years | $5,510 |
| 23 years | $7,161 |
| 25 years | $8,813 |
Top Solar Installers in Village Green
Although you can install solar panels by yourself, it involves extra energy and expertise. That's one of the reasons the majority of homeowners choose to go with a solar panel installer. Another perk of utilizing a solar company is that they can help you make the most of your return of investment by cutting back on future costs of repairs and replacements with the help of warranties and informing you of local incentives you can take advantage of.
There are a number of licensed solar professionals that can help you install your solar system. Here are our suggestions:
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 Village Green
Factors that Affect Solar Panel Costs in Village Green
Cost is usually one of the most important factors for homeowners considering investing in solar. There are a few major factors that determine your overall cost in Village Green: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
The size of the solar energy system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $3,650. The type of solar panels and equipment you get is another factor that will considerably affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment is more than just the solar panels themselves. You’ll also need to decide on 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’s in your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are available from most installers in Village Green, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Village Green is the company you get to install your solar system. As with choosing a company to renovate your kitchen, for instance, there are plenty of solar installers that offer a range of services for different budgets.Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and choose a company that provides the products, warranties and services you’re looking for and also fits within your budget.
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 | $4,909 | 19.1 years |
| 8 kW | $3.72 | $20,849 | $6,954 | 18.7 years |
| 10 kW | $3.65 | $25,550 | $9,203 | 18.4 years |
| 12 kW | $3.58 | $30,047 | $11,657 | 18.0 years |
| 14 kW | $3.50 | $34,339 | $14,315 | 17.6 years |
| 16 kW | $3.43 | $38,427 | $17,178 | 17.3 years |
| 18 kW | $3.36 | $42,311 | $20,245 | 16.9 years |
| 20 kW | $3.29 | $45,990 | $23,516 | 16.5 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since choosing a company can be a challenge, we have some tips to help you, such as:
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
- Contract: Review the contract terms closely to make sure you understand how much it will cost, project completion timeline incentives and warranties.
- Warranty: A comprehensive, 25-year warranty can help keep your solar system running for a long time and save you money on part replacement and repairs.
- 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 type of solar panel you can get, not every company will have the exact one you may want or need, so be sure to ask for their list of options 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 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 Village Green, NY Solar Cost FAQs
What is the average cost of installing solar panels in Village Green?
The average cost of solar panels in Village Green 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 such as the type of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Village Green?
Solar panels aren’t free in Village Green, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Can you sell solar power back to the grid in Village Green?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future utility bills.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to cover their typical energy usage.
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.