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.
The national average cost of solar panels is $2.66 per watt, but in Warrensburg it’s 4 per watt.Using this figure, a typical 4.5-kW system would cost about $11,598 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The actual cost of going solar can vary quite a bit based on multiple factors, such as how many panels you need, your energy usage and what installation company you go with.For many homeowners, the upfront investment in solar is worth paying. On average homeowners in Warrensburg see about $14,000 in savings on electricity bills over 20 years.
You can click the button below to get connected with a top solar installer in Warrensburg for a quote for your home.
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 switching to solar energy, many homeowners decide to go with a solar installation company since overseeing your solar installation yourself can be a difficult project. Some solar companies, particularly local ones, can help you take advantage of incentives in Warrensburg, thereby optimizing your ROI.
You can get a free quote from a local solar installer on how much your investment in solar could cost for your home. Here are some in Warrensburg:
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
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Warrensburg
Factors that Affect Solar Panel Costs in Warrensburg
Although the average cost of a solar system in Warrensburg is $11,598, your final cost may be above or below the average. There are quite a few factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
When it comes to estimating the cost of a solar panel system in Warrensburg, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy consumption, which you can determine by looking at past energy bills. Your overall cost can increase by around $3,650 for each additional kilowatt you need.The brand and kind of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are available from most installers in Warrensburg, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible.While solar loans make going solar more accessible for Warrensburg homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Warrensburg is the company you get to install your solar panel system. As with choosing a company to install new cabinets, for example, there’s no shortage of solar installers that provide a range of services for different budgets.Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and go with the company that has the products, warranties and services you’re looking for and also is 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 | $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. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Installation Process: Make sure you’re on the same page with the installer in regard to how the installation process will go and what you need to do before your solar system is installed, such as updating or replacing your electrical system or roof.
- Warranty: Warranties that provide coverage for defective panels and repairs over around 25 years are the best you can get in the business, and offering that kind of warranty is one mark of a quality company.
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you choose.
- Contract: When reading through your solar company’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
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
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Warrensburg, NY Solar Cost FAQs
How much does it cost to install 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 stuff like the type of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Warrensburg?
Leasing solar panels can be an appealing choice, because it usually comes with low or $0 upfront payments. The downside 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 maximize your savings.
Can you sell solar power back to the grid in Warrensburg?
The majority of states have net metering programs of some kind. Through these, you can be compensated for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and how much 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 install between 20 and 35 panels to account for 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.