Solar Panel Cost Guide in Pultney, OH (Mar 2023)
- Pultney Solar Installation Cost: $13,852
- 25-Year Savings: $16,018
- Payback Period: 11.6 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Pultney
Let's take a look at the average cost of solar panels in Pultney.
The national average cost of solar panels is $2.66 per watt, but in Pultney it's 2.56 per watt. Because a 7.7-kW system is needed to cover the energy usage of a typical home in Pultney, the average price of going solar will be about $13,852 after claiming the federal solar tax credit of 30%.
Bear in mind that the figures above are only estimates based on the average energy use of Pultney homeowners. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. Many homeowners find installing solar panels is a solid investment. The average homeowner in Pultney can save around $15,000 on their power bills over 20 years.
You can click the button below to get connected with a vetted solar installer in Pultney for a quote for your home.
Solar savings over time in Pultney
| Year | Return on Investment |
|---|---|
| 1 years | $-12,657 |
| 3 years | $-10,268 |
| 5 years | $-7,878 |
| 7 years | $-5,488 |
| 9 years | $-3,099 |
| 11 years | $-709 |
| 13 years | $1,680 |
| 15 years | $4,070 |
| 17 years | $6,460 |
| 19 years | $8,849 |
| 21 years | $11,239 |
| 23 years | $13,628 |
| 25 years | $16,018 |
Top Solar Installers in Pultney
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Taking advantage of an installer can make converting to solar power much easier. Plus, if you're unsure what type of solar panels and equipment you may need, a solar expert can help you find the right equipment for you after a site survey and consultation.
There are a number of licensed solar professionals that can help you install your solar panels. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Pultney
Factors that Affect Solar Panel Costs in Pultney
There are several factors that can play into your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
The size of the solar panel system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $2,560. The 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, more efficient panels 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 Pultney average.
Solar Financing Terms
Many homeowners find the average cost of solar in Pultney to be too steep, even if the investment pays off over time. Fortunately, nearly every solar installer in the area provides financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to paying more over time because of interest. When considering your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
Finally, the company you get to install your solar panel system can impact the cost. Pultney's solar companies all have different labor costs and add varying upcharges to equipment. The company's size sometimes plays the most considerable role in your total 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 discount 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 | $2.66 | $11,182 | $12,001 | 12.1 years |
| 8 kW | $2.61 | $14,623 | $16,288 | 11.8 years |
| 10 kW | $2.56 | $17,920 | $20,718 | 11.6 years |
| 12 kW | $2.51 | $21,074 | $25,292 | 11.4 years |
| 14 kW | $2.46 | $24,084 | $30,009 | 11.1 years |
| 16 kW | $2.41 | $26,952 | $34,870 | 10.9 years |
| 18 kW | $2.36 | $29,676 | $39,873 | 10.7 years |
| 20 kW | $2.30 | $32,256 | $45,021 | 10.4 years |
How to Save on Solar Panels
There are many companies available in Pultney, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, longevity 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, be sure to look it over carefully so you understand the terms. Also, ask questions if you're not certain 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: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to get the job done well. Another way you can verify your installer's reputation is by reading reviews.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project timeline.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Pultney, OH Solar Cost FAQs
How much does it cost to install solar panels in Pultney?
The average cost of solar panels in Pultney is about $12,800 for a 5-kW system and $25,600 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Pultney?
You can't get solar panels for free in Pultney. 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.
Does Pultney have a net metering program?
The majority of states offer net metering programs of some kind. Through these, you can get paid for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally 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.