Solar Panel Cost Guide in Ballston, NY (2024 Update)
- Ballston Solar Installation Cost: $11,457
- 25-Year Savings: $6,479
- Payback Period: 18.2 Years
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Average Cost of Solar Panels in Ballston
Find out how much it might cost to go solar in Ballston.
While the national average of solar panels is $2.66 per watt, solar panels in Ballston typically cost around 4.Using this figure, a typical 4.5-kW system would cost about $11,457 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The exact cost of making the switch to solar can vary quite a bit depending on multiple factors, such as what size system you need, your energy consumption and what solar installer you go with.Despite the large upfront cost, the average Ballston homeowner can save around $13,000 on their electricity bills over 20 years, which is one of the benefits of solar.
For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Ballston
| Year | Return on Investment |
|---|---|
| 1 years | $-10,589 |
| 3 years | $-8,855 |
| 5 years | $-7,120 |
| 7 years | $-5,386 |
| 9 years | $-3,651 |
| 11 years | $-1,917 |
| 13 years | $-182 |
| 15 years | $1,552 |
| 17 years | $3,287 |
| 19 years | $5,021 |
| 21 years | $6,756 |
| 23 years | $8,490 |
| 25 years | $10,225 |
Top Solar Installers in Ballston
Trying to put up solar panels yourself can be a difficult project, which is why getting a solar installation company is a good option for many homeowners. Some solar installers, particularly local ones, can help you better understand incentives in Ballston, thereby optimizing your ROI.
Working with a professional solar installer can help you make the most of your investment in solar. Here are our recommendations:
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 Ballston
Factors that Affect Solar Panel Costs in Ballston
For many Ballston homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Ballston, with typical prices between $20,000 to $40,000. There are various factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power generation use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,650.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Ballston, 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 Ballston have solar loans, which reduce the initial cost of installing solar panels.It’s a good idea to factor the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Ballston is the company you get to install your PV system. Similar to choosing a company to build a deck or pool, for instance, there are plenty of solar installers that offer a range of services for different budgets.You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $5,116 | 18.9 years |
| 8 kW | $3.72 | $20,849 | $7,229 | 18.6 years |
| 10 kW | $3.65 | $25,550 | $9,548 | 18.2 years |
| 12 kW | $3.58 | $30,047 | $12,071 | 17.8 years |
| 14 kW | $3.50 | $34,339 | $14,798 | 17.5 years |
| 16 kW | $3.43 | $38,427 | $17,729 | 17.1 years |
| 18 kW | $3.36 | $42,311 | $20,865 | 16.7 years |
| 20 kW | $3.29 | $45,990 | $24,206 | 16.4 years |
How to Save on Solar Panels
There are numerous companies to choose from in Ballston, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Warranty: Warranties that cover replacement parts and repairs over a couple decades are the gold standard in the business, and offering that kind of warranty is one mark of a good company.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years in most cases provide high-quality solar panel installation and expertise.
- Solar Panel Brands: Different companies have different brands and models of panels. If you want a specific brand, make sure the solar company you’re considering has it.
- Contract: Before you sign a contract with a solar installer, make sure you look it over completely so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
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 Ballston, NY Solar Cost FAQs
How much does it cost to install solar panels in Ballston?
The average cost of solar panels in Ballston 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 things like the model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Ballston?
You can’t get solar panels for free in Ballston. However, you may still be able to get 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.
Can you sell solar power back to the grid in Ballston?
Most states offer net metering programs of some kind. Through these, you can receive compensation for the extra power your system produces 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.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household 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.