Solar Panel Cost Guide in Vernon, NY (2024 Update)
- Vernon Solar Installation Cost: $11,803
- 25-Year Savings: $6,198
- Payback Period: 18.8 Years
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Average Cost of Solar Panels in Vernon
Let’s take a look at the average cost of solar in Vernon.
Although the national average of solar panels is $2.66 per watt, solar panels in Vernon generally cost around 4.The average Vernon homeowner needs a 4.6-kilowatt system, which would cost about $11,803 with the federal tax credit, or $16,878 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. 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 company you go with.For many homeowners, the upfront cost of solar panels is worth paying. On average homeowners in Vernon see about $13,000 in savings on electricity bills over 20 years.
To get a free quote from a pre-vetted solar company in Vernon, you can click the button below.
Solar savings over time in Vernon
| Year | Return on Investment |
|---|---|
| 1 years | $-10,944 |
| 3 years | $-9,227 |
| 5 years | $-7,509 |
| 7 years | $-5,791 |
| 9 years | $-4,073 |
| 11 years | $-2,355 |
| 13 years | $-637 |
| 15 years | $1,081 |
| 17 years | $2,799 |
| 19 years | $4,517 |
| 21 years | $6,235 |
| 23 years | $7,953 |
| 25 years | $9,671 |
Top Solar Installers in Vernon
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Hiring a solar panel installer can make your switch to solar power much easier. Plus, if you’re unsure what kind of solar panels and equipment you need, a solar company can help you figure that out after a site survey and consultation.
If you’d like to go solar but still aren’t certain which solar company to go with, here are our suggestions for providers in Vernon:
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 Vernon
Factors that Affect Solar Panel Costs in Vernon
There are several factors that can influence your total 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 energy 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. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Vernon, where sunlight isn’t as abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Vernon to be too costly, even if the investment pays off over time. Thankfully, almost every solar company in the area provides financing options. Solar loans greatly decrease upfront costs in most cases, but they also lead to a higher cost over time because of interest.You’ll have to consider the long-term cost of financing options, 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 above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The solar panel installer you select will influence your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor.Additionally, some companies in Vernon are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, 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 | $4,497 | 19.5 years |
| 8 kW | $3.72 | $20,849 | $6,404 | 19.1 years |
| 10 kW | $3.65 | $25,550 | $8,517 | 18.8 years |
| 12 kW | $3.58 | $30,047 | $10,833 | 18.4 years |
| 14 kW | $3.50 | $34,339 | $13,354 | 18.0 years |
| 16 kW | $3.43 | $38,427 | $16,079 | 17.6 years |
| 18 kW | $3.36 | $42,311 | $19,009 | 17.3 years |
| 20 kW | $3.29 | $45,990 | $22,143 | 16.9 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose greatly impacts your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Different companies offer various brands and kinds of panels. If you want a specific brand, make sure the solar panel installer you’re considering has it.
- 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’re not 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.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years likely provide quality solar panel installation and expertise.
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 Vernon, NY Solar Cost FAQs
What is the average cost of installing solar panels in Vernon?
This is a tough question to answer exactly, 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 extra solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Are solar panels free in Vernon?
You can’t get solar panels for free in Vernon. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and how much direct sunlight your roof gets.
How many solar panels should I get to power 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 usually produce about 250 to 400 watt-hours per hour, the average house 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.