Solar Panel Cost Guide in Beekmantown, NY (2024 Update)
- Beekmantown Solar Installation Cost: $11,879
- 25-Year Savings: $4,844
- Payback Period: 20.6 Years
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Average Cost of Solar Panels in Beekmantown
Find out what the average cost of solar panel installation is in Beekmantown.
In Beekmantown, solar panels cost about 4 per watt on average.Since a 4.6-kW system is needed to cover the energy usage of a typical home in Beekmantown, the average price of going solar will be about $11,879 after claiming the federal solar tax credit of 0.
The true cost of your system can be higher or lower than the average in Beekmantown based on a variety of factors, such as the type of solar panels you choose and the solar company you hire.For many homeowners, the upfront investment in solar panels is worth paying. On average Beekmantown homeowners see about $12,000 in savings on energy bills over 20 years.
You can click the button below to get connected with a vetted solar installer in Beekmantown that can help you get a more accurate cost estimate for your home.
Solar savings over time in Beekmantown
| Year | Return on Investment |
|---|---|
| 1 years | $-11,053 |
| 3 years | $-9,402 |
| 5 years | $-7,750 |
| 7 years | $-6,098 |
| 9 years | $-4,446 |
| 11 years | $-2,794 |
| 13 years | $-1,142 |
| 15 years | $509 |
| 17 years | $2,161 |
| 19 years | $3,813 |
| 21 years | $5,465 |
| 23 years | $7,117 |
| 25 years | $8,769 |
Top Solar Installers in Beekmantown
Trying to put up solar panels yourself can be a time-consuming task, which is why getting a solar installer is a good option for many homeowners. The payback period on an investment in solar panels will vary depending on factors like your roof configuration and energy consumption, but going with a solar company can shorten it. Your provider will be able to help you identify incentives available in your area.
If you’d like to switch to solar energy but still aren’t certain which solar installer to go with, here are our suggestions for providers 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 Beekmantown
Factors that Affect Solar Panel Costs in Beekmantown
There are many factors that can influence your 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
When it comes to estimating the cost of a solar energy system in Beekmantown, one of the most important 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 determine by looking at past electricity bills. Your overall cost can increase by about $3,650 for each additional kilowatt you need.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Beekmantown, where sunlight isn’t as abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited 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
If paying for a solar system out of pocket is too expensive, solar loans are a solid route because they reduce your upfront costs and allow you to pay for your system over five to seven years on average.Though solar loans make switching to solar energy more accessible for Beekmantown homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Beekmantown is the company you choose to install your solar system. Similar to choosing a company to renovate your kitchen, for instance, there are plenty of solar installers that provide a range of services at different price points.The company’s size sometimes plays the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger companies.
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 | $2,698 | 21.4 years |
| 8 kW | $3.72 | $20,849 | $4,007 | 21.0 years |
| 10 kW | $3.65 | $25,550 | $5,519 | 20.6 years |
| 12 kW | $3.58 | $30,047 | $7,236 | 20.1 years |
| 14 kW | $3.50 | $34,339 | $9,158 | 19.7 years |
| 16 kW | $3.43 | $38,427 | $11,284 | 19.3 years |
| 18 kW | $3.36 | $42,311 | $13,614 | 18.9 years |
| 20 kW | $3.29 | $45,990 | $16,148 | 18.5 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose has an impact on your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: When reading over your solar company’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
- Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
- Warranty: Many companies offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you choose.
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 Beekmantown, NY Solar Cost FAQs
What is the average cost of installing solar panels in Beekmantown?
The average cost of solar panels in Beekmantown 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 things like the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Beekmantown?
A solar panel system isn’t free in Beekmantown, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How will installing solar panels impact my home value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Beekmantown is currently $207,842, so you can expect a value of about $8,522 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Beekmantown is a worthwhile investment.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and the amount of sunlight your roof gets. You can take a 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 cover 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.