Solar Panel Cost Guide in Ellery, NY (2025 Update)
- Ellery Solar Installation Cost: $11,849
- 25-Year Savings: $6,086
- Payback Period: 18.9 Years
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Average Cost of Solar Panels in Ellery
Let’s take a look at the average cost of solar in Ellery.
The national average cost of solar panels is $2.66 per watt, but in Ellery it’s 4 per watt.The average Ellery homeowner needs a 4.6-kilowatt system, which would cost about $11,849 with the federal tax credit, or $16,944 before the 0 tax credit is applied.
How much you pay can go above or below the average in Ellery depending on several factors, such as the kind of solar panels you choose and the solar contractor you hire.Even with the significant initial cost, the average Ellery homeowner can save around $13,000 on their electricity bills over 20 years, which is one of the perks of solar.
To receive a free quote from a highly rated solar installer in Ellery, you can click the button below.
Solar savings over time in Ellery
| Year | Return on Investment |
|---|---|
| 1 years | $-10,954 |
| 3 years | $-9,165 |
| 5 years | $-7,375 |
| 7 years | $-5,585 |
| 9 years | $-3,796 |
| 11 years | $-2,006 |
| 13 years | $-217 |
| 15 years | $1,573 |
| 17 years | $3,363 |
| 19 years | $5,152 |
| 21 years | $6,942 |
| 23 years | $8,731 |
| 25 years | $10,521 |
Top Solar Installers in Ellery
Many homeowners choose to hire a solar panel installer since trying to install solar panels yourself can be challenging. The payback period on a solar system will vary depending on factors like your roof configuration and energy needs, but going with a solar installer can help you reach a break-even point sooner. Your provider will be able to help you identify incentives available in your area.
There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
See all of the solar companies in Ellery
Factors that Affect Solar Panel Costs in Ellery
For many Ellery homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Ellery, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to pay around $3,650 per kilowatt in Ellery.The brand and type of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are offered by most installers in Ellery, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also increases your all-in costs, so it’s vital to keep that in mind as well. You can always reduce the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Ellery is the company you get to install your solar system. Similar to choosing a company to renovate your kitchen, for example, there are plenty of solar installers that offer a range of services at different costs.The size of the company sometimes plays the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to more resources and better pricing. Smaller local companies might be more costly, but they generally 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 | $4,320 | 19.7 years |
| 8 kW | $3.72 | $20,849 | $6,169 | 19.3 years |
| 10 kW | $3.65 | $25,550 | $8,222 | 18.9 years |
| 12 kW | $3.58 | $30,047 | $10,480 | 18.5 years |
| 14 kW | $3.50 | $34,339 | $12,942 | 18.2 years |
| 16 kW | $3.43 | $38,427 | $15,608 | 17.8 years |
| 18 kW | $3.36 | $42,311 | $18,479 | 17.4 years |
| 20 kW | $3.29 | $45,990 | $21,554 | 17.0 years |
How to Save on Solar Panels
There are a large number of companies available in Ellery, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Installation Process: Make sure you’re on the same page with the company regarding how the installation process will go and what needs to be done before your solar system is installed, such as repairing your electrical system or roof.
- Warranty: A comprehensive, long-term warranty can help keep your solar system running smoothly and save you money on part replacement and repairs.
- Contract: Review the contract terms closely to make sure you understand how much it will cost, project timeline rebates and warranties.
- Reputation: Long-standing companies likely have a high 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.
EcoWatch's Ellery, NY Solar Cost FAQs
What is the average cost of installing solar panels in Ellery?
The average cost of solar panels in Ellery is about $18,250 for a 5-kW system and $36,500 for a 10-kW system before the ITC, but the real cost will depend on things like the model of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider other than cost when buying solar panels?
Cost is without a doubt 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 electricity bills after switching to solar?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Ellery, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can replace them after having them for that long or you can keep using them at a lower efficiency.
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.