Solar Panel Cost Guide in Mendon, NY (2024 Update)
- Mendon Solar Installation Cost: $10,653
- 25-Year Savings: $8,317
- Payback Period: 15.7 Years
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Average Cost of Solar Panels in Mendon
Here’s how much it might cost to switch to solar power in Mendon.
Although the national average of solar panels is $2.66 per watt, solar panels in Mendon generally cost about 4.Because a 4.2-kW system is needed to cover the energy consumption of a typical home in Mendon, the average price of going solar will be about $10,653 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The true cost of making the switch to solar can vary depending on a few factors, such as how many panels you need, your energy consumption and what solar installer you go with.Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Mendon can save around $15,000 on their electricity bills over 20 years.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Mendon
Year | Return on Investment |
---|---|
1 years | $-9,745 |
3 years | $-7,930 |
5 years | $-6,115 |
7 years | $-4,299 |
9 years | $-2,484 |
11 years | $-669 |
13 years | $1,147 |
15 years | $2,962 |
17 years | $4,777 |
19 years | $6,592 |
21 years | $8,408 |
23 years | $10,223 |
25 years | $12,038 |
Top Solar Installers in Mendon
Although it's possible to install solar panels on your own, it requires extra time and handiness. For that reason, most homeowners choose to hire a solar panel installer. Solar warranties and repairs are often included in the cost of installation when you opt for a solar contractor as well, which can save you more money after your upfront investment.
If you're searching for a solar installer in Mendon, we've put together a list of our top suggestions here:
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 Mendon
Factors that Affect Solar Panel Costs in Mendon
For many Mendon homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Mendon, with typical prices between $20,000 to $40,000. There are a few factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar energy system you need, 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 around $3,650. The brand and type of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Mendon to be too expensive, 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 for most homeowners, but they also lead to higher prices over time due to interest.It’s a good idea to add the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
Finally, the company you opt for to install your solar system can play a role in determining how much it costs. Mendon’s solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and choose a company that offers the products, warranties and services you’re looking for and also fit into your budget.
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 | $8,415 | 16.4 years |
8 kW | $3.72 | $20,849 | $11,629 | 16.0 years |
10 kW | $3.65 | $25,550 | $15,047 | 15.7 years |
12 kW | $3.58 | $30,047 | $18,669 | 15.4 years |
14 kW | $3.50 | $34,339 | $22,496 | 15.1 years |
16 kW | $3.43 | $38,427 | $26,528 | 14.8 years |
18 kW | $3.36 | $42,311 | $30,764 | 14.5 years |
20 kW | $3.29 | $45,990 | $35,204 | 14.2 years |
How to Save on Solar Panels
There are many companies available in Mendon, 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:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to get the job done well. Another way you can research your installer’s reputation is by reading reviews.
- Contract: Before you sign a contract with a solar installer, make sure you look it over carefully so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what to do if a component breaks or malfunctions and if there are any guarantees about energy production.
- Installation Process: When making the switch to solar energy, it’s essential to keep an open line of communication with your solar company. See to it that you understand how the installation process will go and the project timeline.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. Even though there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to ask for their list of options before deciding.
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 Mendon, NY Solar Cost FAQs
What is the average cost of installing solar panels in Mendon?
This is a difficult question to answer precisely, because the cost depends on a variety of 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 consumption. On the flip side, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Mendon?
Solar panels aren’t free in Mendon, 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.
Can solar panels completely eradicate my electricity bills?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Mendon, 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 contact 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 are completely unusable 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 continue to use 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.
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.