Solar Panel Cost Guide in Manlius, NY (2024 Update)
- Manlius Solar Installation Cost: $11,835
- 25-Year Savings: $6,642
- Payback Period: 18.3 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Manlius
Let’s take a look at the average cost of solar panels in Manlius.
While the national average of solar panels is $2.66 per watt, solar panels in Manlius generally cost around 4.The average solar panel system size in Manlius is around 4.6 kilowatts, meaning a cost of about $11,835 for a solar installation, or $16,924 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The true cost of going solar can vary quite a bit based on a few factors, such as how many panels you need, your energy usage and what solar installer you go with.Despite the significant initial cost, the average Manlius homeowner can save around $13,000 on their electricity bills over 20 years, which is one of the benefits of solar.
Click the button below to get connected to a reputable solar company in your area for a customized estimate.
Solar savings over time in Manlius
Year | Return on Investment |
---|---|
1 years | $-10,926 |
3 years | $-9,109 |
5 years | $-7,292 |
7 years | $-5,475 |
9 years | $-3,658 |
11 years | $-1,840 |
13 years | $-23 |
15 years | $1,794 |
17 years | $3,611 |
19 years | $5,428 |
21 years | $7,245 |
23 years | $9,063 |
25 years | $10,880 |
Top Solar Installers in Manlius
Although it's possible to install solar panels on your own, it takes extra effort and knowledge. That's why almost all homeowners choose to hire a solar panel installer. Also, if you’d like to maximize your investment in solar, using a solar installer can help with that too. Different providers can offer repairs, expertise on installation and sometimes even information on local incentives.
If you’d like to switch to solar energy but still aren’t certain which solar company to go with, here are our recommendations for providers nearby:
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 Manlius
Factors that Affect Solar Panel Costs in Manlius
Though the average cost of a solar system in Manlius is $11,835, your actual cost may be above or below the average. There are quite a few factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
The size of the solar system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $3,650. The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more in the long run on your power bills. Additionally, extra products, such as solar batteries, can bring your total well above the Manlius average.
Solar Financing Terms
If paying for a solar system in cash is too expensive, solar loans are an affordable option because they lower your upfront costs and let you pay for your system over five to seven years on average.You’ll have to consider the long-term cost of financing options, 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 more than the principal cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The last significant cost factor you should take into consideration is the installer you choose. Given the growing popularity of sustainable energy solutions in Manlius, you’ll have plenty of options to choose from, but each comes at varying price points for labor and equipment.You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions 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 | $5,050 | 19.0 years |
8 kW | $3.72 | $20,849 | $7,143 | 18.6 years |
10 kW | $3.65 | $25,550 | $9,439 | 18.3 years |
12 kW | $3.58 | $30,047 | $11,940 | 17.9 years |
14 kW | $3.50 | $34,339 | $14,646 | 17.5 years |
16 kW | $3.43 | $38,427 | $17,555 | 17.2 years |
18 kW | $3.36 | $42,311 | $20,670 | 16.8 years |
20 kW | $3.29 | $45,990 | $23,988 | 16.4 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 decide on the right company for you, here are some tips to keep in mind:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to get the job done well. Another way you can check your installer’s reputation is by reading reviews.
- 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 hire.
- Contract: Read the contract terms carefully to make sure you understand how much it will cost, project completion timeline incentives and warranties.
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
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 Manlius, NY Solar Cost FAQs
How much does it cost to install solar panels in Manlius?
This is a hard question to answer precisely, because the cost depends on many factors. Generally 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 cost more if you want additional solar equipment or higher quality panels, or if you have above-average energy consumption. On the flip side, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Is cost the most important thing to keep in mind when buying solar panels?
The upfront cost is a very important factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
How much can I save on energy bills after switching to solar?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Manlius, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Manlius?
On average, solar panels can last 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 larger level 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.