Solar Panel Cost Guide in Wallkill, NY (2024 Update)
- Wallkill Solar Installation Cost: $11,058
- 25-Year Savings: $15,654
- Payback Period: 11.2 Years
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Average Cost of Solar Panels in Wallkill
Find out what the average cost of installing solar panels is in Wallkill.
The national average cost of solar panels is $2.66 per watt, but in Wallkill it’s 4 per watt.Because a 4.3-kW system is needed to cover the energy usage of a typical home in Wallkill, the average price of going solar will be about $11,058 after claiming the federal solar tax credit of 0.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy use, the type of solar panels you choose, your solar contractor and more.Even with the significant initial cost, the average Wallkill homeowner can save around $22,000 on their energy bills over 20 years, which is one of the benefits of solar.
Click the button below to get connected to a top solar panel company in Wallkill for a customized quote.
Solar savings over time in Wallkill
| Year | Return on Investment |
|---|---|
| 1 years | $-9,750 |
| 3 years | $-7,135 |
| 5 years | $-4,520 |
| 7 years | $-1,904 |
| 9 years | $711 |
| 11 years | $3,326 |
| 13 years | $5,941 |
| 15 years | $8,556 |
| 17 years | $11,171 |
| 19 years | $13,787 |
| 21 years | $16,402 |
| 23 years | $19,017 |
| 25 years | $21,632 |
Top Solar Installers in Wallkill
Installing solar panels on your own can be a difficult project, which is why using a solar installer is a good option for many homeowners. In addition, if you’d like to maximize your investment in solar energy, going with a solar company can help with that too. Different providers can offer warranties, expertise on installation and sometimes even information on local incentives and net metering programs.
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 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 Wallkill
Factors that Affect Solar Panel Costs in Wallkill
The cost of installing a solar system in Wallkill 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 installer you choose.
Solar Equipment
When it comes to estimating the cost of a solar panel system in Wallkill, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy consumption, which you can determine by looking at past power bills. Your overall cost can increase by around $3,650 for each additional kilowatt you need.There are a lot of different solar panel brands and the one you pick also affects the cost. Typically, the brands that offer higher efficiency tend to also cost more. Plus, the type of equipment you choose can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are offered by most installers in Wallkill, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more affordable.However, the interest on solar loans also increases your total costs, so it’s vital to include that in your estimate as well. You can always bring down the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The solar panel installer you choose will influence your total cost to go solar. Different companies will charge different amounts for the equipment and labor.Additionally, some companies in Wallkill 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 | $18,149 | 11.7 years |
| 8 kW | $3.72 | $20,849 | $24,607 | 11.5 years |
| 10 kW | $3.65 | $25,550 | $31,270 | 11.2 years |
| 12 kW | $3.58 | $30,047 | $38,137 | 11.0 years |
| 14 kW | $3.50 | $34,339 | $45,209 | 10.8 years |
| 16 kW | $3.43 | $38,427 | $52,485 | 10.6 years |
| 18 kW | $3.36 | $42,311 | $59,965 | 10.3 years |
| 20 kW | $3.29 | $45,990 | $67,650 | 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 choosing a company can be a tough decision, we have some tips to help you, such as:
- Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: It’s important to look over your solar installer’s contract well to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar installer, such as what permits you should acquire and what the project timeline is.
- Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
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 Wallkill, NY Solar Cost FAQs
How much does it cost to install solar panels in Wallkill?
The average cost of solar panels in Wallkill is about $18,250 for a 5-kW system and $36,500 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider in addition to cost when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase your home value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Wallkill is currently $409,216, which means you can expect a value of about $16,778 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Wallkill is a rewarding investment.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically 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.