Solar Panel Cost Guide in Wawarsing, NY (2024 Update)
- Wawarsing Solar Installation Cost: $11,137
- 25-Year Savings: $12,155
- Payback Period: 13.2 Years
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Average Cost of Solar Panels in Wawarsing
We break down average solar pricing in Wawarsing.
The average cost of solar panels in Wawarsing is 4 per watt.Using this figure, a typical 4.4-kW system would cost about $11,137 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar may vary based on your household energy needs, the type of solar system you want to get, your solar contractor and more.Even with the high upfront cost, the average Wawarsing homeowner can save around $18,000 on their energy bills over 20 years, which is one of the perks of solar.
For a personalized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Wawarsing
| Year | Return on Investment |
|---|---|
| 1 years | $-9,874 |
| 3 years | $-7,348 |
| 5 years | $-4,821 |
| 7 years | $-2,295 |
| 9 years | $231 |
| 11 years | $2,758 |
| 13 years | $5,284 |
| 15 years | $7,810 |
| 17 years | $10,337 |
| 19 years | $12,863 |
| 21 years | $15,390 |
| 23 years | $17,916 |
| 25 years | $20,442 |
Top Solar Installers in Wawarsing
DIY solar panel installation is a way to cut costs, but it's an undertaking that can use up a lot of your time and energy. Hiring an installer can make your swap to solar power much easier. The payback period on a solar system will vary based on factors like your location and energy needs, but going with a solar company can help you reach a break-even point sooner. Your provider will be able to help you apply for incentives available in your area.
If you're searching for a solar company in Wawarsing, the EcoWatch team has put together a list of our top suggestions here:
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 Wawarsing
Factors that Affect Solar Panel Costs in Wawarsing
The cost of installing a solar system in Wawarsing can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the price of solar panels in Wawarsing, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy consumption, which you can figure out by looking at past power bills. Your total cost can increase by about $3,650 for each additional kilowatt you need.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Wawarsing, where sunlight is relatively 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 more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Wawarsing to be too expensive, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides access to financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to higher prices over time due to interest.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Wawarsing is the company you get to install your solar system. As with choosing a company to build a deck or pool, for instance, there are plenty of solar installers that provide a range of services for different budgets.You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $13,177 | 13.7 years |
| 8 kW | $3.72 | $20,849 | $17,978 | 13.4 years |
| 10 kW | $3.65 | $25,550 | $22,984 | 13.2 years |
| 12 kW | $3.58 | $30,047 | $28,194 | 12.9 years |
| 14 kW | $3.50 | $34,339 | $33,608 | 12.6 years |
| 16 kW | $3.43 | $38,427 | $39,227 | 12.4 years |
| 18 kW | $3.36 | $42,311 | $45,050 | 12.1 years |
| 20 kW | $3.29 | $45,990 | $51,077 | 11.8 years |
How to Save on Solar Panels
There are numerous companies available in Wawarsing, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the project timeline.
- Warranty: Warranties that cover defective panels and repairs over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one sign of a good company.
- Solar Panel Brands: Different companies will have different brands and models of panels. If you want a specific brand, make sure the solar company you’re considering has it.
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like the EcoWatch team.
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 Wawarsing, NY Solar Cost FAQs
How much does it cost to install solar panels in Wawarsing?
This is a hard question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $18,250 for a 5-kW system and $36,500 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Wawarsing?
You can’t get solar panels for free in Wawarsing. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
How will solar panels impact my home value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Wawarsing is currently $312,021, which means you can look forward to a value of about $12,793 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Wawarsing is a worthwhile investment.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household 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.