Solar Panel Cost Guide in Cornwall, NY (2024 Update)
- Cornwall Solar Installation Cost: $11,058
- 25-Year Savings: $15,381
- Payback Period: 11.4 Years
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Average Cost of Solar Panels in Cornwall
We go over average solar pricing in Cornwall.
The average cost of a solar system in Cornwall is 4 per watt.Using this figure, a typical 4.3-kW system would cost about $11,058 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Cornwall homeowners. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.Many homeowners find installing a solar panel system is a sound investment. The average homeowner in Cornwall can save around $21,000 on their power bills over 20 years.
To get a free estimate from a pre-vetted solar installation company in Cornwall, you can click the button below.
Solar savings over time in Cornwall
| Year | Return on Investment |
|---|---|
| 1 years | $-9,794 |
| 3 years | $-7,268 |
| 5 years | $-4,742 |
| 7 years | $-2,215 |
| 9 years | $311 |
| 11 years | $2,838 |
| 13 years | $5,364 |
| 15 years | $7,890 |
| 17 years | $10,417 |
| 19 years | $12,943 |
| 21 years | $15,470 |
| 23 years | $17,996 |
| 25 years | $20,522 |
Top Solar Installers in Cornwall
Although it's possible to install solar panels yourself, it takes extra time and knowledge. For that reason, most people choose to go with a solar panel installer. Local solar installers can also help you maximize your return on investment by assisting with any local incentives you can take advantage of and by offering warranties and repairs.
If you’d like to make the switch to solar but still aren’t sure which solar system installer to go with, here are our recommendations for providers near you:
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 Cornwall
Factors that Affect Solar Panel Costs in Cornwall
While the average cost of a solar system in Cornwall is $11,058, your actual cost may be above or below the average. There are quite a few factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more crucial things to consider.
Solar Equipment
The size of the solar system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $3,650. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your electric bills. Additionally, extra products, like solar batteries, can bring your total well above the Cornwall average.
Solar Financing Terms
If paying for a solar system out of pocket is too expensive, solar loans are a popular route because they lower your upfront costs and allow you to pay for your system over five to seven years on average.However, the interest on solar loans also increases your total costs, so it’s vital to consider that as well. You can always bring down the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Cornwall is the company you choose to install your solar system. Similar to choosing a company to build a deck or pool, for example, there’s no shortage of solar installers that provide a range of services for different budgets.Larger national companies typically have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
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 | $17,771 | 11.8 years |
| 8 kW | $3.72 | $20,849 | $24,103 | 11.6 years |
| 10 kW | $3.65 | $25,550 | $30,640 | 11.4 years |
| 12 kW | $3.58 | $30,047 | $37,382 | 11.1 years |
| 14 kW | $3.50 | $34,339 | $44,327 | 10.9 years |
| 16 kW | $3.43 | $38,427 | $51,477 | 10.7 years |
| 18 kW | $3.36 | $42,311 | $58,832 | 10.5 years |
| 20 kW | $3.29 | $45,990 | $66,391 | 10.2 years |
How to Save on Solar Panels
There are many companies to choose from in Cornwall, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Contract: Before signing a contract with a solar installer, make sure to look it over carefully so you understand the terms. Also, ask questions if you’re unsure 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.
- Warranty: If you care about the durability of your solar energy system, making sure your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, including when the site survey will be done and how long it will take.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to do the job well. Another way you can verify your installer’s reputation is by reading reviews.
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 Cornwall, NY Solar Cost FAQs
What is the average cost of installing solar panels in Cornwall?
This is a hard question to answer precisely, because the cost depends on a variety of 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. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
What other factors should I consider apart from cost when buying solar panels?
Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Cornwall?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
How long do solar panels last in Cornwall?
On average, solar panels can last 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 larger 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.