Solar Panel Cost Guide in Wallkill, NY (2024 Update)
- Wallkill Solar Installation Cost: $11,058
- 25-Year Savings: $15,654
- Payback Period: 11.2 Years
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Average Cost of Solar Panels in Wallkill
Find out what the average cost of installing solar panels is in Wallkill.
In Wallkill, solar panels cost about 4 per watt on average.Using this figure, a typical 4.3-kW system would cost about $11,058 before the 0 federal solar tax credit is applied.
These figures are just estimates, and how much solar costs for you will vary based on factors unique to your home and what company you go with.With typical savings of about $22,000 on energy bills over 20 years, many homeowners in Wallkill find investing in solar can pay off big.
You can click the button below to get connected with a vetted solar company in Wallkill that can help you get a more accurate cost estimate for your home.
Solar savings over time in Wallkill
| Year | Return on Investment |
|---|---|
| 1 years | $-9,750 |
| 3 years | $-7,135 |
| 5 years | $-4,520 |
| 7 years | $-1,904 |
| 9 years | $711 |
| 11 years | $3,326 |
| 13 years | $5,941 |
| 15 years | $8,556 |
| 17 years | $11,171 |
| 19 years | $13,787 |
| 21 years | $16,402 |
| 23 years | $19,017 |
| 25 years | $21,632 |
Top Solar Installers in Wallkill
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Taking advantage of a solar company can make converting to solar power much easier. Plus, if you’d like to maximize your investment in solar energy, opting for a solar company can help with that too. Different providers can offer warranties, expertise on installation and sometimes even information on local incentives and net metering programs.
There are various 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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Wallkill
Factors that Affect Solar Panel Costs in Wallkill
There are several criteria that can affect your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. For that reason, it’s crucial to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs.The type of solar panels and equipment you choose is another factor that will greatly impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Further, solar equipment consists of 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 looking for a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are offered by most installers in Wallkill, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible.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’re only able to 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 remarkably.
Solar Panel Installation Company
The solar company you choose to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar panel companies in Wallkill, and each can charge varying amounts for labor and equipment.The company’s size sometimes plays the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to greater 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 | $3.80 | $15,943 | $18,149 | 11.7 years |
| 8 kW | $3.72 | $20,849 | $24,607 | 11.5 years |
| 10 kW | $3.65 | $25,550 | $31,270 | 11.2 years |
| 12 kW | $3.58 | $30,047 | $38,137 | 11.0 years |
| 14 kW | $3.50 | $34,339 | $45,209 | 10.8 years |
| 16 kW | $3.43 | $38,427 | $52,485 | 10.6 years |
| 18 kW | $3.36 | $42,311 | $59,965 | 10.3 years |
| 20 kW | $3.29 | $45,990 | $67,650 | 10.1 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because choosing a company can be difficult, we have some tips to help you, such as:
- 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.
- Contract: Before signing a contract with a solar company, make sure you look it over completely so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
- Installation Process: One of the most important things to understand when adopting solar power is the installation process itself. Be sure to clarify any details you should know with your solar company, such as what permits you should acquire and how long the project will take.
- Reputation: Your solar installer should have a solid reputation as a company and have proven 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 satisfied reviews from past customers.
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Wallkill, NY Solar Cost FAQs
How much does it cost to install solar panels in Wallkill?
The average cost of solar panels in Wallkill 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 things like the type of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider aside from cost when buying solar panels?
The upfront cost is a crucial factor to consider, but whether it’s the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Do solar panels increase your property value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Wallkill is currently $409,216, which means you can look forward to a value of about $16,778 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Wallkill is a worthwhile investment.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of 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.