Solar Panel Cost Guide in Warsaw, NY (2024 Update)
- Warsaw Solar Installation Cost: $11,758
- 25-Year Savings: $6,135
- Payback Period: 18.8 Years
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Average Cost of Solar Panels in Warsaw
Find out what the average cost of solar panel installation is in Warsaw.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Warsaw, the typical cost of solar panels is 4 per watt.The average Warsaw homeowner needs a 4.6-kilowatt system, which would cost about $11,758 with the federal tax credit, or $16,814 before the 0 tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar may look quite different based on your household energy use, the type of solar system you want to get, your solar contractor and more.But, after you've paid the upfront cost of installation, the ROI for most homeowners is typically good, with a net average savings of about $13,000 over 20 years on utility bills.
For a free quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Warsaw
| Year | Return on Investment |
|---|---|
| 1 years | $-10,932 |
| 3 years | $-9,280 |
| 5 years | $-7,628 |
| 7 years | $-5,976 |
| 9 years | $-4,325 |
| 11 years | $-2,673 |
| 13 years | $-1,021 |
| 15 years | $631 |
| 17 years | $2,283 |
| 19 years | $3,935 |
| 21 years | $5,586 |
| 23 years | $7,238 |
| 25 years | $8,890 |
Top Solar Installers in Warsaw
When switching to solar energy, many homeowners choose to go with a solar installer since installing solar panels yourself can be a difficult project. Also, companies with a high reputation that cost more upfront could actually save you money in the long term with their warranties, repair services and expert design.
There are a number of licensed solar professionals that can install solar panels for you. 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 Warsaw
Factors that Affect Solar Panel Costs in Warsaw
For many Warsaw homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Warsaw, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
One of the most important 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 electricity your household uses, the larger your system will likely need to be. You can expect to pay around $3,650 per kilowatt in Warsaw.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Warsaw, where sunlight isn’t as abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are offered by most installers in Warsaw, which can lower, or in some cases eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also increases your all-in costs, so it’s crucial to keep that in mind as well. You can always lower the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The last major cost factor you should keep in mind is the installer you choose. Given the growing popularity of green energy solutions in Warsaw, you’ll have many options to choose from, but each comes at different price points for labor and equipment.Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and decide on the company that offers the products, warranties and services you want 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 | $4,446 | 19.5 years |
| 8 kW | $3.72 | $20,849 | $6,337 | 19.2 years |
| 10 kW | $3.65 | $25,550 | $8,432 | 18.8 years |
| 12 kW | $3.58 | $30,047 | $10,732 | 18.4 years |
| 14 kW | $3.50 | $34,339 | $13,236 | 18.0 years |
| 16 kW | $3.43 | $38,427 | $15,944 | 17.7 years |
| 18 kW | $3.36 | $42,311 | $18,857 | 17.3 years |
| 20 kW | $3.29 | $45,990 | $21,974 | 16.9 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because selecting 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 panel system running for a long time and save you money on part replacement and repairs.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to install your solar system. Another way you can check your installer’s reputation is by reading reviews.
- Contract: Before signing a contract with a solar installer, make sure to read it through fully so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Solar Panel Brands: Different companies offer different brands and models of panels. If you prefer a specific brand, make sure the solar installer you’re considering has it.
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 Warsaw, NY Solar Cost FAQs
What is the average cost of installing solar panels in Warsaw?
The average cost of solar panels in Warsaw 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 kind of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Warsaw?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Does Warsaw have a net metering program?
Most states have net metering programs of some kind. Through these, you can either be compensated for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.