Solar Panel Cost Guide in Middleburgh, NY (2024 Update)
- Middleburgh Solar Installation Cost: $11,446
- 25-Year Savings: $8,411
- Payback Period: 16.2 Years
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Average Cost of Solar Panels in Middleburgh
Find out what the average cost of installing solar panels is in Middleburgh.
In Middleburgh, solar panels cost about 4 per watt on average.Using this figure, a typical 4.5-kW system would cost about $11,446 before the 0 federal solar tax credit is applied.
How much you pay can be above or below the average in Middleburgh based on a variety of factors, such as the brand of solar panels you choose and the solar company you hire.Even with the large initial cost, the average Middleburgh homeowner can save around $15,000 on their electricity bills over 20 years, which is one of the benefits of solar.
Click the button below to get connected to a top solar company in Middleburgh for a personalized estimate.
Solar savings over time in Middleburgh
| Year | Return on Investment |
|---|---|
| 1 years | $-10,301 |
| 3 years | $-8,011 |
| 5 years | $-5,721 |
| 7 years | $-3,431 |
| 9 years | $-1,141 |
| 11 years | $1,149 |
| 13 years | $3,439 |
| 15 years | $5,729 |
| 17 years | $8,019 |
| 19 years | $10,309 |
| 21 years | $12,599 |
| 23 years | $14,889 |
| 25 years | $17,179 |
Top Solar Installers in Middleburgh
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a pain. Hiring a solar panel installer can make your switch to solar power much easier. Solar installers provide key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
If you’d like to switch to solar energy but still aren’t certain which solar company to go with, here are our suggestions 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 Middleburgh
Factors that Affect Solar Panel Costs in Middleburgh
There are a number of criteria that can determine your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
The size of the solar panel system you need, 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 around $3,650. The brand and kind of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a 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. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
If paying for a solar system out of pocket is out of reach, solar loans are an affordable route because they cut back your upfront costs and let you pay for your system over a term of, on average, between five and seven years.You’ll have to consider the long-term cost of loans, including the total 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 finding a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The solar installer you pick will impact your total cost to go solar. Different companies will charge different amounts for the equipment and labor.Additionally, some companies in Middleburgh are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $7,711 | 16.8 years |
| 8 kW | $3.72 | $20,849 | $10,691 | 16.5 years |
| 10 kW | $3.65 | $25,550 | $13,874 | 16.2 years |
| 12 kW | $3.58 | $30,047 | $17,263 | 15.9 years |
| 14 kW | $3.50 | $34,339 | $20,855 | 15.6 years |
| 16 kW | $3.43 | $38,427 | $24,652 | 15.2 years |
| 18 kW | $3.36 | $42,311 | $28,653 | 14.9 years |
| 20 kW | $3.29 | $45,990 | $32,859 | 14.6 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because choosing a company can be a challenge, we have some tips to help you, such as:
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years in most cases offer quality solar panel installation and expertise.
- Solar Panel Brands: Different companies will carry different brands and types of panels. If you prefer a specific brand, make sure the solar installer you’re considering has it.
- Contract: It’s important to look over your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system’s energy production.
- Installation Process: Make sure you’re aligned with the installer regarding how the installation process will go and what you need to do before your solar panels are installed, such as repairing your electrical system or roof.
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 Middleburgh, NY Solar Cost FAQs
What is the average cost of installing solar panels in Middleburgh?
The average cost of solar panels in Middleburgh is about $18,250 for a 5-kW system and $36,500 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Middleburgh?
Solar panels aren’t free in Middleburgh, 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 can further reduce the cost.
How will solar panels impact how much my home is worth?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Middleburgh is currently $320,601, which means you could be looking at a value of about $13,145 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Middleburgh is a worthwhile investment.
How long do solar panels last in Middleburgh?
On average, solar panels can last 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 larger 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.