Solar Panel Cost Guide in Warrensburg, NY (2024 Update)
- Warrensburg Solar Installation Cost: $11,598
- 25-Year Savings: $6,833
- Payback Period: 17.9 Years
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Average Cost of Solar Panels in Warrensburg
Let’s have a look at the average cost of solar in Warrensburg.
Although the national average of solar panels is $2.66 per watt, solar panels in Warrensburg generally cost about 4.The average solar panel system size in Warrensburg is around 4.5 kilowatts, meaning a cost of about $11,598 for a solar installation, or $16,585 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Warrensburg homeowners. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.For most homeowners, the upfront investment in solar power is worth paying. On average homeowners in Warrensburg see about $14,000 in savings on energy bills over 20 years.
For a free quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Warrensburg
| Year | Return on Investment |
|---|---|
| 1 years | $-10,689 |
| 3 years | $-8,872 |
| 5 years | $-7,055 |
| 7 years | $-5,238 |
| 9 years | $-3,421 |
| 11 years | $-1,604 |
| 13 years | $214 |
| 15 years | $2,031 |
| 17 years | $3,848 |
| 19 years | $5,665 |
| 21 years | $7,482 |
| 23 years | $9,299 |
| 25 years | $11,116 |
Top Solar Installers in Warrensburg
When going solar, many homeowners choose to use a solar company since overseeing your solar installation yourself can be a challenging project. The payback period on an investment in solar panels will vary based on factors like your location and energy usage, but going with a solar company can shorten that period. Your provider will be able to help you get the most out of incentives available in your area.
You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some near you:
Best National Provider
SunPower
- 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
- 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 Warrensburg
Factors that Affect Solar Panel Costs in Warrensburg
Though the average cost of a solar system in Warrensburg is $11,598, your actual cost may be higher or lower than that. There are quite a few factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power production use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,650.Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Warrensburg, where sunlight isn’t as abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are provided by most installers in Warrensburg, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more accessible.While solar loans make switching to solar energy more accessible for Warrensburg homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar company you select will influence your total cost to go solar. Different companies will charge different amounts for the equipment and labor.The size of the company can sometimes play the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices due to more resources and better 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 down 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 | $5,479 | 18.6 years |
| 8 kW | $3.72 | $20,849 | $7,714 | 18.2 years |
| 10 kW | $3.65 | $25,550 | $10,154 | 17.9 years |
| 12 kW | $3.58 | $30,047 | $12,798 | 17.5 years |
| 14 kW | $3.50 | $34,339 | $15,646 | 17.2 years |
| 16 kW | $3.43 | $38,427 | $18,699 | 16.8 years |
| 18 kW | $3.36 | $42,311 | $21,956 | 16.5 years |
| 20 kW | $3.29 | $45,990 | $25,417 | 16.1 years |
How to Save on Solar Panels
There are numerous companies to choose from in Warrensburg, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Installation Process: When making the switch to solar energy, it’s crucial to maintain an open line of communication with your solar installer. Make sure you understand how the installation process will go and the project completion timeline.
- Warranty: Warranties that cover defective panels and repairs over a long period of time such as 25 years are the gold standard in the business, and offering that kind of warranty is one indication of a quality company.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Although there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you take a look at their list of options before making your decision.
- Contract: Though reading through a contract can take a lot of time, it’s important to do it carefully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
Best National Provider
SunPower
- 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
- 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 Warrensburg, NY Solar Cost FAQs
What is the average cost of installing solar panels in Warrensburg?
The average cost of solar panels in Warrensburg 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 such as the kind of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Warrensburg?
Leasing solar panels can be an appealing choice, because it typically comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better way to go if you want to get the most savings.
Can you sell solar power back to the grid in Warrensburg?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future energy bills.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and the average daily sunlight your roof gets. You can 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.