Solar Panel Cost Guide in Gang Mills, NY (2024 Update)

  • Gang Mills Solar Installation Cost: $11,783
  • 25-Year Savings: $6,963
  • Payback Period: 17.9 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Gang Mills

Find out what the average cost of solar panel installation is in Gang Mills.

The average cost of solar panels in Gang Mills is 4 per watt.The average solar panel system size in Gang Mills is around 4.6 kilowatts, meaning a cost of about $11,783 for a solar installation, or $16,850 before the 0 federal solar tax credit is applied.

The prices above are just estimates to give you an idea of how much a solar panel system could cost. The exact cost of installing solar panels can vary based on several factors, such as how many panels you need, your energy consumption and what company you go with.Many homeowners find going solar is a rewarding investment. The average homeowner in Gang Mills can save about $14,000 on their electricity bills over 20 years.

You can click the button below to get connected with a top solar installer in Gang Mills that can help you get a more accurate cost estimate for your home.

Solar savings over time in Gang Mills

Year Return on Investment
1 years $-10,957
3 years $-9,305
5 years $-7,653
7 years $-6,001
9 years $-4,349
11 years $-2,698
13 years $-1,046
15 years $606
17 years $2,258
19 years $3,910
21 years $5,562
23 years $7,214
25 years $8,865

Top Solar Installers in Gang Mills

Although it's possible to install solar panels by yourself, it takes extra labor and expertise. For that reason, most people choose to hire a solar panel installer. A solar installer can also help save you money over time by offering warranties, repairs and part replacements.

There are various licensed solar professionals that can help you install your solar system. Here are our suggestions:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best for Leasing

Sunrun

★★★★★
4.0

  • 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 Gang Mills

Factors that Affect Solar Panel Costs in Gang Mills

The cost of installing a solar system in Gang Mills can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.

Solar Equipment

When it comes to estimating the cost of a solar energy system in Gang Mills, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy usage, which you can determine by looking at past energy bills. Your overall cost can increase by about $3,650 for each additional kilowatt you need.There are several different solar panel brands and the one you pick also affects the cost. Typically, the brands that are more efficient tend to also cost more. Plus, the type of equipment you’re looking to get can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

Many homeowners find the average cost of solar in Gang Mills to be too steep, even if the investment pays off over time. Thankfully, almost every solar installer in the area offers financing options. Solar loans remarkably decrease upfront costs in most cases, but they also lead to higher prices over time because of interest.It’s a good idea to add 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 installer you choose to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar panel companies operating throughout Gang Mills, and each can charge varying amounts for labor and equipment.You may notice national solar installers that have lower prices because of their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those larger 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 $5,506 18.6 years
8 kW $3.72 $20,849 $7,750 18.2 years
10 kW $3.65 $25,550 $10,198 17.9 years
12 kW $3.58 $30,047 $12,851 17.5 years
14 kW $3.50 $34,339 $15,708 17.2 years
16 kW $3.43 $38,427 $18,770 16.8 years
18 kW $3.36 $42,311 $22,036 16.4 years
20 kW $3.29 $45,990 $25,506 16.1 years

How to Save on Solar Panels

The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because selecting a company can be a tough decision, we have some tips to help you, such as:

  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to install your solar system. Another way you can look into your installer’s reputation is by reading reviews.
  • Contract: When looking through your solar company’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
  • Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
  • Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you go with.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

EcoWatch's Gang Mills, NY Solar Cost FAQs

What is the average cost of installing solar panels in Gang Mills?

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. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you go with a smaller solar panel system or cheaper solar panels.

Are solar panels free in Gang Mills?

A solar panel system isn’t free in Gang Mills, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.

Does Gang Mills have a net metering program?

The majority of states have net metering programs of some kind. Through these, you can receive compensation for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.

How long do solar panels last in Gang Mills?

On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases 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.

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.

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