Solar Panel Cost Guide in Westvale, NY (2023 Update)
- Westvale Solar Installation Cost: $9,561
- 25-Year Savings: $3,998
- Payback Period: 17.6 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Westvale
Let's take a look at the average cost of solar panels in Westvale.
Although the national average of solar panels is $2.66 per watt, solar panels in Westvale typically cost about 2.95. The average solar panel system size in Westvale is around 4.6 kilowatts, meaning a cost of about $9,561 for a solar installation, or $13,672 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The true cost of installing solar panels can vary quite a bit based on a few factors, such as how many panels you need, your energy usage and what company you go with. But, once you've paid the initial cost of installation, the return on investment for most homeowners is quite rewarding, with a net average savings of about $11,000 over 20 years on electricity bills.
Click the button below to get connected to a vetted solar panel company in Westvale for a personalized estimate.
Solar savings over time in Westvale
| Year | Return on Investment |
|---|---|
| 1 years | $-9,019 |
| 3 years | $-7,934 |
| 5 years | $-6,849 |
| 7 years | $-5,764 |
| 9 years | $-4,680 |
| 11 years | $-3,595 |
| 13 years | $-2,510 |
| 15 years | $-1,425 |
| 17 years | $-341 |
| 19 years | $744 |
| 21 years | $1,829 |
| 23 years | $2,914 |
| 25 years | $3,998 |
Top Solar Installers in Westvale
When switching to solar energy, many homeowners prefer to use a solar company since putting up solar panels yourself can be a challenging project. A solar installer can also help save you money over time by providing warranties, repairs and system component replacements.
If you'd like to go solar but still aren't sure which solar installer to go with, here are our recommendations for providers in Westvale:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Westvale
Factors that Affect Solar Panel Costs in Westvale
The cost of installing a solar system in Westvale can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. Because of that, it's crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for 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, extra products, such as solar batteries, can bump up your total well above the Westvale average.
Solar Financing Terms
Most solar installers in Westvale offer solar loans, which reduce your upfront costs of installing solar panels. Although solar loans make going solar more accessible for Westvale homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The last key cost factor you should take into consideration is the installer you choose. Given the growing popularity of renewable energy solutions in Westvale, you'll have many options to choose from, but each comes at various price points for labor and equipment. Companies that 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 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 | $3.07 | $12,886 | $4,678 | 18.3 years |
| 8 kW | $3.01 | $16,850 | $6,568 | 18.0 years |
| 10 kW | $2.95 | $20,650 | $8,623 | 17.6 years |
| 12 kW | $2.89 | $24,284 | $10,843 | 17.3 years |
| 14 kW | $2.83 | $27,754 | $13,229 | 16.9 years |
| 16 kW | $2.77 | $31,058 | $15,779 | 16.6 years |
| 18 kW | $2.71 | $34,196 | $18,495 | 16.2 years |
| 20 kW | $2.66 | $37,170 | $21,376 | 15.9 years |
How to Save on Solar Panels
There are a lot of companies available in Westvale, 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:
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose plays a role in which solar panel brands you have access to.
- Contract: Before signing a contract with a solar installer, make sure you read it through completely so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what to do if a component breaks or malfunctions and if there are any guarantees about energy production.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years most likely provide quality solar panel installation and expertise.
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the project timeline.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Westvale, NY Solar Cost FAQs
What is the average cost of installing solar panels in Westvale?
The average cost of solar panels in Westvale 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 such as the type 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?
The upfront cost is a key factor to consider, but whether it's the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Does Westvale have a net metering program?
Each state has some form 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 consumption 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.