Solar Panel Cost Guide in Endicott, NY (2025 Update)
- Endicott Solar Installation Cost: $11,857
- 25-Year Savings: $5,217
- Payback Period: 20.0 Years
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Average Cost of Solar Panels in Endicott
See how much it might cost to install solar panels in Endicott.
The national average cost of solar panels is $2.66 per watt, but in Endicott it’s 4 per watt.To account for the typical energy usage of the average home in Endicott, most homeowners require a 4.6-kilowatt system. Using the figure above, a solar installation costs about $11,857, or $16,956 before the federal solar tax credit of 0 is applied.
The actual price you pay can be above or below the average in Endicott depending on a variety of factors, such as the brand of solar panels you choose and the solar installer you hire.But, after you've paid the upfront cost of installation, the savings for most homeowners is typically good, with a net average savings of about $12,000 over 20 years on energy bills.
To get a free estimate from a vetted solar installation company in Endicott, you can click the button below.
Solar savings over time in Endicott
| Year | Return on Investment |
|---|---|
| 1 years | $-11,031 |
| 3 years | $-9,380 |
| 5 years | $-7,728 |
| 7 years | $-6,076 |
| 9 years | $-4,424 |
| 11 years | $-2,772 |
| 13 years | $-1,120 |
| 15 years | $531 |
| 17 years | $2,183 |
| 19 years | $3,835 |
| 21 years | $5,487 |
| 23 years | $7,139 |
| 25 years | $8,791 |
Top Solar Installers in Endicott
Trying to install solar panels on your own can be a difficult undertaking, which is why using a solar installation company is a good option for many homeowners. Plus, warranties and repairs from your solar panel company can protect your investment and reduce the cost of maintenance in the long run.
Working with a licensed solar company can help you make the most of your investment in solar. Here are our recommendations:
See all of the solar companies in Endicott
Factors that Affect Solar Panel Costs in Endicott
Cost is typically one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that will push your cost above or below the average in Endicott: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
The size of the solar panel system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $3,650. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Endicott, where sunlight isn’t as abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are offered by most installers in Endicott, which can lower, or in some cases completely eliminate, your upfront costs to make solar more accessible.It’s wise to factor the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
The solar company you go with to handle your switch to green energy can play a part in your total costs. There are about 3 solar installation companies operating in Endicott, and each can charge varying amounts for labor and equipment.You may come across national solar installers that have lower prices because of their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $3,191 | 20.8 years |
| 8 kW | $3.72 | $20,849 | $4,664 | 20.4 years |
| 10 kW | $3.65 | $25,550 | $6,341 | 20.0 years |
| 12 kW | $3.58 | $30,047 | $8,222 | 19.6 years |
| 14 kW | $3.50 | $34,339 | $10,308 | 19.2 years |
| 16 kW | $3.43 | $38,427 | $12,598 | 18.8 years |
| 18 kW | $3.36 | $42,311 | $15,092 | 18.4 years |
| 20 kW | $3.29 | $45,990 | $17,791 | 18.0 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Contract: Before you sign a contract with a solar company, make sure to look it over fully so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- 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 affects which solar panel brands you have access to.
- Warranty: If you’re concerned about the longevity of your solar energy system, verifying that your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should secure and how long the project will take.
EcoWatch's Endicott, NY Solar Cost FAQs
How much does it cost to install solar panels in Endicott?
This is a hard question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $18,250 for a 5-kW system and $36,500 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you want a smaller solar panel system or less efficient solar panels.
What other factors should I consider aside from cost when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Endicott?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and the amount of direct sunlight your roof gets.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.