Solar Panel Cost Guide in Wilton, NY (2024 Update)
- Wilton Solar Installation Cost: $11,457
- 25-Year Savings: $6,479
- Payback Period: 18.2 Years
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Average Cost of Solar Panels in Wilton
We break down average solar pricing in Wilton.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Wilton, the average cost of a solar system is 4 per watt.The average Wilton homeowner needs a 4.5-kilowatt system, which would cost about $11,457 with the federal tax credit, or $16,384 before the 0 tax credit is applied.
These figures are just estimates, and your own solar costs will most likely look different based on factors unique to your home and what company you go with.With typical savings of about $13,000 on electricity bills over 20 years, many homeowners in Wilton find investing in solar can pay off big.
To calculate your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Wilton
| Year | Return on Investment |
|---|---|
| 1 years | $-10,576 |
| 3 years | $-8,814 |
| 5 years | $-7,052 |
| 7 years | $-5,289 |
| 9 years | $-3,527 |
| 11 years | $-1,765 |
| 13 years | $-3 |
| 15 years | $1,759 |
| 17 years | $3,521 |
| 19 years | $5,283 |
| 21 years | $7,045 |
| 23 years | $8,807 |
| 25 years | $10,569 |
Top Solar Installers in Wilton
When switching to solar energy, many homeowners prefer to go with a solar installer since overseeing your solar installation yourself can be a challenging project. Plus, warranties and repairs from your solar panel installer can protect your investment and lower the cost of maintenance in the long run.
You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some in Wilton:
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 Wilton
Factors that Affect Solar Panel Costs in Wilton
The cost of installing a solar system in Wilton can vary by more than $10,000 from home to home. Your actual cost is determined by 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 determines the overall cost of installing solar panels. That’s why it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use.The model of solar panels and equipment you choose is another factor that will significantly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more expensive. Moreover, solar equipment is more than just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are provided by most installers in Wilton, which can lower, or in some cases eliminate, your upfront costs to make solar more accessible.While solar loans make adopting solar energy more accessible for Wilton 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 cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar installation company you select will impact your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor.Companies that only sell high-efficiency and high-priced products — 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 provides 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 | $5,116 | 18.9 years |
| 8 kW | $3.72 | $20,849 | $7,229 | 18.6 years |
| 10 kW | $3.65 | $25,550 | $9,548 | 18.2 years |
| 12 kW | $3.58 | $30,047 | $12,071 | 17.8 years |
| 14 kW | $3.50 | $34,339 | $14,798 | 17.5 years |
| 16 kW | $3.43 | $38,427 | $17,729 | 17.1 years |
| 18 kW | $3.36 | $42,311 | $20,865 | 16.7 years |
| 20 kW | $3.29 | $45,990 | $24,206 | 16.4 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
- Solar Panel Brands: The kind of solar panel you need to get plays a role in which company you should opt for, since different companies offer different panels.
- 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 part breaking or the company going out of business.
- Warranty: If you care about the endurance of your solar panel system, verifying that your company offers a 25-year, all-inclusive warranty can help put you at ease.
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 Wilton, NY Solar Cost FAQs
How much does it cost to install solar panels in Wilton?
The average cost of solar panels in Wilton 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 such as the kind of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Wilton have a net metering program?
The majority of states offer net metering programs of some kind. Through these, you can receive compensation for the extra power your system generates 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.
How many solar panels should I get to power 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 get 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.