Solar Panel Cost Guide in Mamakating, NY (2024 Update)

  • Mamakating Solar Installation Cost: $11,236
  • 25-Year Savings: $14,152
  • Payback Period: 12.1 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 Mamakating

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

While the national average of solar panels is $2.66 per watt, solar panels in Mamakating typically cost about 4.To account for the typical energy needs of the average home in Mamakating, most homeowners require a 4.4-kilowatt system. Using the per-watt figure above, a solar installation costs around $11,236, or $16,067 before the federal solar tax credit of 0 is applied.

The true price you pay can go higher or lower than the average in Mamakating based on several factors, such as the type of solar panels you choose and the solar installer you hire.Despite the significant upfront cost, the average Mamakating homeowner can save about $20,000 on their energy bills over 20 years, which is one of the perks of solar.

To receive a free quote from a top solar installer in Mamakating, you can click the button below.

Solar savings over time in Mamakating

Year Return on Investment
1 years $-9,923
3 years $-7,298
5 years $-4,673
7 years $-2,047
9 years $578
11 years $3,203
13 years $5,828
15 years $8,454
17 years $11,079
19 years $13,704
21 years $16,329
23 years $18,955
25 years $21,580

Top Solar Installers in Mamakating

Trying to put up solar panels yourself can be a difficult undertaking, which is why using a solar installer is a good option for many homeowners. Local solar installers can also help you maximize your return on investment by assisting with any local incentives and by providing warranties and repairs.

Working with a professional solar company can make going solar easier. Here are our recommendations:

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 Mamakating

Factors that Affect Solar Panel Costs in Mamakating

The cost of installing a solar system in Mamakating can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar company you choose.

Solar Equipment

When it comes to estimating the price of solar panels in Mamakating, 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 consumption, which you can determine by looking at past electricity bills. Your total cost can increase by around $3,650 for each additional kilowatt you need.The kind of solar panels and equipment you get is another factor that will considerably impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Moreover, solar equipment is more than just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking for a solar system that’s in your budget.

Solar Financing Terms

If paying for a solar system out of pocket is difficult, solar loans are an affordable choice because they lower your upfront costs and allow you to pay for your system over five to seven years on average.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs remarkably.

Solar Panel Installation Company

A final consideration when trying to evaluate the cost of solar for your home or business in Mamakating is the company you hire to install your solar panel system. As with choosing a company to renovate your kitchen, for instance, you’ll have many options for solar installers that offer a range of services for different budgets.The company’s size sometimes plays the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have 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 down 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 $15,756 12.6 years
8 kW $3.72 $20,849 $21,417 12.3 years
10 kW $3.65 $25,550 $27,282 12.1 years
12 kW $3.58 $30,047 $33,351 11.8 years
14 kW $3.50 $34,339 $39,625 11.6 years
16 kW $3.43 $38,427 $46,104 11.4 years
18 kW $3.36 $42,311 $52,787 11.1 years
20 kW $3.29 $45,990 $59,674 10.9 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 pick the right company for you, here are some tips to keep in mind:

  • 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.
  • Solar Panel Brands: Different companies have various brands and models of panels. If you know you want a specific brand, make sure the solar installer you’re considering has it.
  • Installation Process: Get details from your solar installer about the installation process and what to expect, including when the site survey will be done and what the project timeline is.
  • Warranty: A comprehensive, long-term warranty can help keep your solar panels running for a long time and save you money on part replacement and repairs.

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 Mamakating, NY Solar Cost FAQs

How much does it cost to install solar panels in Mamakating?

This is a tough 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 extra solar equipment or higher quality panels, or if you have above-average energy needs. Conversely, you can spend less if you go with a smaller solar panel system or less efficient solar panels.

Should I lease or buy solar panels in Mamakating?

Leasing solar panels can be an appealing choice, as it often comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.

Can you sell solar power back to the grid in Mamakating?

The majority of states offer net metering programs of some kind. Through these, you can get paid 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.

What solar power system size is right for my home?

To figure out how many solar panels you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.

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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