Solar Panel Cost Guide in Argyle, NY (2024 Update)
- Argyle Solar Installation Cost: $11,763
- 25-Year Savings: $6,075
- Payback Period: 18.9 Years
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Average Cost of Solar Panels in Argyle
Find out what the average cost of installing solar panels is in Argyle.
The national average cost of solar panels is $2.66 per watt, but in Argyle it’s 4 per watt.To cover the typical energy usage of the average home in Argyle, most homeowners require a 4.6-kilowatt system. Using the per-watt figure above, a solar installation costs about $11,763, or $16,821 before the federal solar tax credit of 0 is applied.
The true cost of your system can be higher or lower than the average in Argyle based on several factors, such as the brand of solar panels you choose and the solar installer you hire.Many homeowners find going solar is a sound investment. The average homeowner in Argyle can save about $13,000 on their energy bills over 20 years.
For a free quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Argyle
| Year | Return on Investment |
|---|---|
| 1 years | $-10,916 |
| 3 years | $-9,223 |
| 5 years | $-7,530 |
| 7 years | $-5,837 |
| 9 years | $-4,144 |
| 11 years | $-2,451 |
| 13 years | $-757 |
| 15 years | $936 |
| 17 years | $2,629 |
| 19 years | $4,322 |
| 21 years | $6,015 |
| 23 years | $7,708 |
| 25 years | $9,402 |
Top Solar Installers in Argyle
Trying to put up solar panels by yourself can be a dangerous project, which is why using a solar installer is a good option for many homeowners. The payback period of solar panels will vary based on factors like your roof configuration and energy usage, but working with a solar installer can help you reach a break-even point sooner. Your provider will be able to help you apply for incentives available in your area.
There are various licensed solar professionals that can help you install your solar system. Here are our suggestions:
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
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Argyle
Factors that Affect Solar Panel Costs in Argyle
The cost of installing a solar system in Argyle can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The size of the solar energy system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $3,650. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Argyle, 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
Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That’s why many Argyle homeowners opt to finance their solar panel systems to make going solar more affordable.However, the interest on solar loans also increases your all-in costs, so it’s important to take that into consideration as well. You can always reduce the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The solar panel installation company 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 Argyle have more knowledge about local solar incentives and can help you take advantage of 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 | $4,363 | 19.6 years |
| 8 kW | $3.72 | $20,849 | $6,227 | 19.3 years |
| 10 kW | $3.65 | $25,550 | $8,294 | 18.9 years |
| 12 kW | $3.58 | $30,047 | $10,566 | 18.5 years |
| 14 kW | $3.50 | $34,339 | $13,043 | 18.1 years |
| 16 kW | $3.43 | $38,427 | $15,724 | 17.7 years |
| 18 kW | $3.36 | $42,311 | $18,609 | 17.4 years |
| 20 kW | $3.29 | $45,990 | $21,698 | 17.0 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Contract: Before signing a contract with a solar installer, make sure you look it over fully so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Installation Process: When making the switch to solar, it’s important to maintain an open line of communication with your solar installer. Make sure you understand how the installation process works and the project timeline.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose plays a role in which solar panel brands you have access to.
- Warranty: If you’re concerned about the durability of your solar panels, making sure your installer offers a 25-year, all-inclusive warranty can help put you at ease.
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
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Argyle, NY Solar Cost FAQs
What is the average cost of installing solar panels in Argyle?
This is a difficult question to answer precisely, because the cost depends on a few different 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 other solar equipment or more efficient panels, or if you have above-average energy usage. Conversely, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Argyle?
Leasing solar panels can be an option if you can’t pay upfront or secure a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
How long do solar panels last in Argyle?
On average, the lifespan of solar panels is 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 higher level 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.