Solar Panel Cost Guide in Scotchtown, NY (2024 Update)
- Scotchtown Solar Installation Cost: $11,058
- 25-Year Savings: $15,613
- Payback Period: 11.3 Years
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Average Cost of Solar Panels in Scotchtown
Find out what the average cost of solar panels are in Scotchtown.
In Scotchtown, solar panels cost about 4 per watt on average.Because a 4.3-kW system is needed to cover the energy needs of a typical home in Scotchtown, the average price of going solar will be about $11,058 after claiming the federal solar tax credit of 0.
These figures are just estimates, and your own solar costs will most likely look different based on your specific situation and what company you want to go with.Many homeowners find installing solar panels is a fruitful investment. The average homeowner in Scotchtown can save about $22,000 on their energy bills over 20 years.
For a free quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Scotchtown
| Year | Return on Investment |
|---|---|
| 1 years | $-9,794 |
| 3 years | $-7,268 |
| 5 years | $-4,742 |
| 7 years | $-2,215 |
| 9 years | $311 |
| 11 years | $2,838 |
| 13 years | $5,364 |
| 15 years | $7,890 |
| 17 years | $10,417 |
| 19 years | $12,943 |
| 21 years | $15,470 |
| 23 years | $17,996 |
| 25 years | $20,522 |
Top Solar Installers in Scotchtown
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can use up a lot of your time and energy. Going with a solar panel installer can make swapping over to solar power much easier. Since solar panels are exposed to temperature swings and extreme weather, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by reducing potential costs down the line.
You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some in Scotchtown:
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 Scotchtown
Factors that Affect Solar Panel Costs in Scotchtown
The cost of installing a solar system in Scotchtown can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
The size of the solar 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. There are a lot of different solar panel brands and the one you pick also changes the cost. Typically, the brands that are more efficient tend to also be more expensive. In addition, 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
Most solar companies in Scotchtown provide solar loans, which reduce your upfront costs of installing solar.It’s a good idea to factor 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 company you hire to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar installation companies in Scotchtown, and each can charge different amounts for labor and 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 with an above-average cost. It’s best to do some research and find a company that provides the products, warranties and services you want and also is within 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 | $18,092 | 11.7 years |
| 8 kW | $3.72 | $20,849 | $24,532 | 11.5 years |
| 10 kW | $3.65 | $25,550 | $31,176 | 11.3 years |
| 12 kW | $3.58 | $30,047 | $38,024 | 11.0 years |
| 14 kW | $3.50 | $34,339 | $45,077 | 10.8 years |
| 16 kW | $3.43 | $38,427 | $52,334 | 10.6 years |
| 18 kW | $3.36 | $42,311 | $59,796 | 10.4 years |
| 20 kW | $3.29 | $45,990 | $67,462 | 10.1 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because picking a company can be a tough decision, we have some tips to help you, such as:
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years likely offer high-quality solar panel installation and expertise.
- Contract: Before you sign a contract with a solar company, be sure to look it over fully so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, such as when the site survey will be done and how long it will take.
- Warranty: If you care about the longevity of your solar system, making sure your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
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 Scotchtown, NY Solar Cost FAQs
What is the average cost of installing solar panels in Scotchtown?
The average cost of solar panels in Scotchtown 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 things like the type of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider other than cost when buying solar panels?
The initial cost is a crucial factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Does Scotchtown have a net metering program?
The majority of states offer net metering programs of some kind. Through these, you can either receive compensation for the extra power your system produces or or receive credits to put toward future utility 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 Scotchtown?
Even 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 choose to replace them once you've had 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.