Solar Panel Cost Guide in Wellsville, NY (2024 Update)
- Wellsville Solar Installation Cost: $11,804
- 25-Year Savings: $6,147
- Payback Period: 18.8 Years
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Average Cost of Solar Panels in Wellsville
We break down average solar pricing in Wellsville.
Although the national average of solar panels is $2.66 per watt, solar panels in Wellsville typically cost around 4.The average Wellsville homeowner needs a 4.6-kilowatt system, which would cost about $11,804 with the federal tax credit, or $16,880 before the 0 tax credit is applied.
Remember that the numbers above are only averages. The price you’ll end up paying for solar will differ based on your household energy consumption, the type of solar system you want, your solar contractor and more.For most homeowners, the upfront cost of solar panels is worth paying. On average homeowners in Wellsville see about $13,000 in savings on energy bills over 20 years.
To get a free quote from a highly rated solar installer in Wellsville, you can click the button below.
Solar savings over time in Wellsville
| Year | Return on Investment |
|---|---|
| 1 years | $-10,978 |
| 3 years | $-9,327 |
| 5 years | $-7,675 |
| 7 years | $-6,023 |
| 9 years | $-4,371 |
| 11 years | $-2,719 |
| 13 years | $-1,067 |
| 15 years | $585 |
| 17 years | $2,236 |
| 19 years | $3,888 |
| 21 years | $5,540 |
| 23 years | $7,192 |
| 25 years | $8,844 |
Top Solar Installers in Wellsville
Many homeowners opt for a solar installation company since figuring out how to install solar panels by yourself can be a labor-intensive endeavor. The payback period on an investment in solar panels will vary depending on factors like your location and energy consumption, but going with a solar installer can shorten it. Your provider will be able to help you get the most out of incentives available in your area.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Wellsville
Factors that Affect Solar Panel Costs in Wellsville
The cost of installing a solar system in Wellsville can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is the size of the system your household needs, 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 solar panels in Wellsville, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy consumption, which you can determine by looking at past energy bills. Your overall cost can increase by around $3,650 for each additional kilowatt you need.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Wellsville, where sunlight isn’t as abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in Wellsville provide solar loans, which reduce your upfront costs of installing a solar system.When considering your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
Finally, the company you get to install your solar panel system can impact how much you pay. Wellsville’s solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and choose 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 | $4,429 | 19.6 years |
| 8 kW | $3.72 | $20,849 | $6,315 | 19.2 years |
| 10 kW | $3.65 | $25,550 | $8,404 | 18.8 years |
| 12 kW | $3.58 | $30,047 | $10,698 | 18.4 years |
| 14 kW | $3.50 | $34,339 | $13,197 | 18.1 years |
| 16 kW | $3.43 | $38,427 | $15,900 | 17.7 years |
| 18 kW | $3.36 | $42,311 | $18,807 | 17.3 years |
| 20 kW | $3.29 | $45,990 | $21,918 | 16.9 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
- Warranty: Warranties that provide coverage for replacement parts and repairs over around 25 years are the best you can get in the business, and offering that kind of warranty is one indication of a quality company.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you opt for.
- Installation Process: One of the most important things to understand when adopting solar power is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should acquire and what the project timeline is.
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 Wellsville, NY Solar Cost FAQs
What is the average cost of installing solar panels in Wellsville?
This is a hard question to answer precisely, because the cost depends on many 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. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have above-average energy consumption. On the flip side, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Is cost the most important consideration when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Wellsville 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 generates or or receive credits to put toward future energy 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 Wellsville?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher 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.