Solar Panel Cost Guide in Warsaw, NY (Mar 2023)
- Warsaw Solar Installation Cost: $9,499
- 25-Year Savings: $6,140
- Payback Period: 15.2 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Warsaw
We go over average solar pricing in Warsaw.
In Warsaw, solar panels cost about 2.95 per watt on average. To cover the typical energy usage of the average home in Warsaw, most homeowners require a 4.6-kilowatt system. Using the per-watt figure above, a solar installation costs about $9,499, or $13,584 before the federal solar tax credit of 30% is applied.
These figures are only averages, and the cost of going solar for you will most likely look different based on your specific situation and what company you want to go with. Even with the high upfront cost, the average Warsaw homeowner can save around $13,000 on their energy bills over 20 years, which is one of the perks of solar.
To receive a free estimate from a top solar installer in Warsaw, you can click the button below.
Solar savings over time in Warsaw
| Year | Return on Investment |
|---|---|
| 1 years | $-8,873 |
| 3 years | $-7,622 |
| 5 years | $-6,371 |
| 7 years | $-5,120 |
| 9 years | $-3,869 |
| 11 years | $-2,618 |
| 13 years | $-1,367 |
| 15 years | $-116 |
| 17 years | $1,135 |
| 19 years | $2,386 |
| 21 years | $3,637 |
| 23 years | $4,888 |
| 25 years | $6,140 |
Top Solar Installers in Warsaw
Although it's possible to install solar panels yourself, it takes extra labor and know-how. That's one of the reasons almost all homeowners choose a solar panel installer. Companies can also provide access to various kinds of the best solar panels and help you pick which one will be right for your family.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some nearby:
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 Warsaw
Factors that Affect Solar Panel Costs in Warsaw
For many Warsaw homeowners, the decision to install solar panels depends on 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 considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater 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 $2,950. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your power bills. In addition, add-on products, such as solar batteries, can bump up your total well above the Warsaw average.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be financially overwhelming. 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. When estimating your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The final key cost factor you should keep in mind is the installer you choose. Given the growing popularity of clean energy solutions in Warsaw, you'll have many options to choose from, but each comes at different price points for labor and equipment. The size of the company can sometimes play the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to more 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 promotion can bring their pricing lower to compete with bigger names.
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 | $7,504 | 15.8 years |
| 8 kW | $3.01 | $16,850 | $10,335 | 15.5 years |
| 10 kW | $2.95 | $20,650 | $13,332 | 15.2 years |
| 12 kW | $2.89 | $24,284 | $16,494 | 14.9 years |
| 14 kW | $2.83 | $27,754 | $19,821 | 14.6 years |
| 16 kW | $2.77 | $31,058 | $23,314 | 14.3 years |
| 18 kW | $2.71 | $34,196 | $26,972 | 14.0 years |
| 20 kW | $2.66 | $37,170 | $30,794 | 13.7 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 choosing a company can be a challenge, we have some tips to help you, such as:
- Warranty: An all-inclusive, long-term warranty can help keep your solar panel system running for years to come and save you money on repairs and maintenance.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Even though there are many options for which brand 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 peruse their list of offerings before deciding.
- Contract: When looking over your solar installer's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios like a system component breaking or the company going out of business.
- Installation Process: Make sure you're aligned with the company in regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating or replacing your electrical system or roof.
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 Warsaw, NY Solar Cost FAQs
How much does it cost to install solar panels in Warsaw?
The average cost of solar panels in Warsaw 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 things like the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How will having solar panels impact my home value?
Solar panels can increase the value of your home significantly as long as you buy or finance your panels and don't go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
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 needs 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.