Solar Panel Cost Guide in Baldwinsville, NY (2024 Update)
- Baldwinsville Solar Installation Cost: $11,835
- 25-Year Savings: $6,533
- Payback Period: 18.4 Years
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Average Cost of Solar Panels in Baldwinsville
See how much it might cost to install solar panels in Baldwinsville.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Baldwinsville, the average cost of a solar system is 4 per watt.Since a 4.6-kW system is needed to cover the energy costs of a typical home in Baldwinsville, the average price of going solar will be about $11,835 after claiming the federal solar tax credit of 0.
The true cost of your system can go above or below the average in Baldwinsville depending on a few factors, such as the kind of solar panels you choose and the solar contractor you hire.With average savings of about $13,000 on utility bills over 20 years, many homeowners in Baldwinsville find installing solar panels has a decent ROI.
To get a free quote from a top solar installation company in Baldwinsville, you can click the button below.
Solar savings over time in Baldwinsville
| Year | Return on Investment |
|---|---|
| 1 years | $-11,009 |
| 3 years | $-9,357 |
| 5 years | $-7,705 |
| 7 years | $-6,053 |
| 9 years | $-4,401 |
| 11 years | $-2,750 |
| 13 years | $-1,098 |
| 15 years | $554 |
| 17 years | $2,206 |
| 19 years | $3,858 |
| 21 years | $5,510 |
| 23 years | $7,161 |
| 25 years | $8,813 |
Top Solar Installers in Baldwinsville
Although you can install solar panels on your own, it involves extra labor and expertise. For that reason, most homeowners choose a solar panel installer. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long run because of their warranties, repair services and expert design.
You can get a free quote from a local solar installer on how much your investment in solar could cost for your home. Here are some near you:
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 Baldwinsville
Factors that Affect Solar Panel Costs in Baldwinsville
The cost of installing a solar system in Baldwinsville can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. Because of that, it’s a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use.The solar equipment you choose can increase or decrease your cost 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. On the other hand, more efficient panels could save you more in the long run on your power bills. In addition, extra products, like solar batteries, can bring your total well above the Baldwinsville average.
Solar Financing Terms
Many homeowners find the average cost of solar in Baldwinsville to be prohibitively steep, even if the investment pays off over time. Thankfully, almost every solar installer 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 because of interest.When figuring out 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 lower the total interest paid over time.
Solar Panel Installation Company
The final significant cost factor you should take into consideration is the installer you choose. Given the growing popularity of clean energy solutions in Baldwinsville, you’ll have a great number of options to choose from, but each comes at various price points for labor and equipment.Additionally, some companies in Baldwinsville have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $4,909 | 19.1 years |
| 8 kW | $3.72 | $20,849 | $6,954 | 18.7 years |
| 10 kW | $3.65 | $25,550 | $9,203 | 18.4 years |
| 12 kW | $3.58 | $30,047 | $11,657 | 18.0 years |
| 14 kW | $3.50 | $34,339 | $14,315 | 17.6 years |
| 16 kW | $3.43 | $38,427 | $17,178 | 17.3 years |
| 18 kW | $3.36 | $42,311 | $20,245 | 16.9 years |
| 20 kW | $3.29 | $45,990 | $23,516 | 16.5 years |
How to Save on Solar Panels
Since the kind of solar panels and the company you choose greatly influences your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: The kind of solar panel you’d like to install plays a role in which company you should opt for, since different companies have different panels.
- Contract: Look through the contract terms closely to make sure you understand how much it will cost, project timeline incentives and warranties.
- Reputation: Companies that have been in business for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
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 Baldwinsville, NY Solar Cost FAQs
How much does it cost to install solar panels in Baldwinsville?
The average cost of solar panels in Baldwinsville 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 type of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to consider when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on power bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $695.06 per year.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and the average daily 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 buy 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.