Solar Panel Cost Guide in Village Green, NY (Mar 2023)
- Village Green Solar Installation Cost: $9,561
- 25-Year Savings: $6,537
- Payback Period: 14.9 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Village Green
Here's how much it might cost to make the switch to solar in Village Green.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Village Green, the average cost of a solar system is 2.95 per watt. Because a 4.6-kW system is needed to cover the energy needs of a typical home in Village Green, the average price of going solar will be about $9,561 after claiming the federal solar tax credit of 30%.
How much you pay can be above or below the average in Village Green depending on several factors, such as the type of solar panels you choose and the solar installer you hire. Many homeowners find installing a solar panel system is a fruitful investment. The average homeowner in Village Green can save around $13,000 on their electricity bills over 20 years.
Click the button below to get connected to a reputable solar company in Village Green for a personalized estimate.
Solar savings over time in Village Green
| Year | Return on Investment |
|---|---|
| 1 years | $-8,917 |
| 3 years | $-7,629 |
| 5 years | $-6,341 |
| 7 years | $-5,054 |
| 9 years | $-3,766 |
| 11 years | $-2,478 |
| 13 years | $-1,190 |
| 15 years | $98 |
| 17 years | $1,386 |
| 19 years | $2,673 |
| 21 years | $3,961 |
| 23 years | $5,249 |
| 25 years | $6,537 |
Top Solar Installers in Village Green
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can take a lot of hard work. Going with a solar company can make converting to solar power much easier. Plus, if you're unsure what kind of solar panels and equipment you want, a solar installer can help you find the right equipment for you after a site survey and consultation.
You can work with a local solar installer to get a free estimate on the cost of solar panels for your home. Here are some in Village Green:
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 Village Green
Factors that Affect Solar Panel Costs in Village Green
The cost of installing a solar system in Village Green 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 company you choose.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to spend around $2,950 per kilowatt in Village Green. The brand of solar panels and equipment you want is another factor that will largely influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Plus, solar equipment is more than 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 looking for a solar system that falls within your budget.
Solar Financing Terms
Most solar companies in Village Green have solar loans, which reduce your upfront costs of installing solar. However, the interest on solar loans also adds to your overall costs, so it's vital to keep that in mind as well. You can always lower the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
A final factor to consider when trying to estimate 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 build a deck or pool, for example, you'll have many options for solar installers that provide a range of services for different budgets. Additionally, some companies in Village Green are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. 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 | $7,966 | 15.4 years |
| 8 kW | $3.01 | $16,850 | $10,952 | 15.2 years |
| 10 kW | $2.95 | $20,650 | $14,103 | 14.9 years |
| 12 kW | $2.89 | $24,284 | $17,419 | 14.6 years |
| 14 kW | $2.83 | $27,754 | $20,901 | 14.3 years |
| 16 kW | $2.77 | $31,058 | $24,548 | 14.0 years |
| 18 kW | $2.71 | $34,196 | $28,359 | 13.7 years |
| 20 kW | $2.66 | $37,170 | $32,336 | 13.4 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Warranty: Companies typically offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business 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 component breaking or the company going out of business.
- Solar Panel Brands: The brand of solar panel you want to get plays a role in which installer you should choose, since different companies have different panels.
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 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 $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 use.
Are solar panels free in Village Green?
You can't get solar panels for free in Village Green. However, you may still be able to get 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 going solar worth it?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and how much direct sunlight your roof gets.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can continue to use 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.