Solar Panel Cost Guide in East Greenbush, NY (2024 Update)
- East Greenbush Solar Installation Cost: $11,657
- 25-Year Savings: $6,082
- Payback Period: 18.8 Years
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Average Cost of Solar Panels in East Greenbush
Find out what the average cost of solar panel installation is in East Greenbush.
Currently, the national average cost of solar panels is $2.66 per watt. However, in East Greenbush, the average cost of a solar system is 4 per watt.The average East Greenbush homeowner needs a 4.6-kilowatt system, which would cost about $11,657 with the federal tax credit, or $16,670 before the 0 tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may look quite different based on your household energy use, the type of solar panels you choose, your solar contractor and more.Many homeowners find adopting solar power is a sound investment. The average homeowner in East Greenbush can save around $13,000 on their electricity bills over 20 years.
You can click the button below to get connected with a pre-vetted solar company in East Greenbush that can help you get a more accurate cost estimate for your home.
Solar savings over time in East Greenbush
| Year | Return on Investment |
|---|---|
| 1 years | $-10,721 |
| 3 years | $-8,851 |
| 5 years | $-6,980 |
| 7 years | $-5,110 |
| 9 years | $-3,239 |
| 11 years | $-1,369 |
| 13 years | $501 |
| 15 years | $2,372 |
| 17 years | $4,242 |
| 19 years | $6,113 |
| 21 years | $7,983 |
| 23 years | $9,854 |
| 25 years | $11,724 |
Top Solar Installers in East Greenbush
Installing solar panels yourself can be a time-consuming undertaking, which is why using a solar installation company is a good option for many homeowners. Another upside of utilizing a solar company is that they can help you make the most of your return of investment by bringing down your future costs of repairs and replacements due to warranties and giving you information on local incentives you can take advantage of.
If you’d like to go solar but still aren’t certain which solar panel company to go with, here are our recommendations for providers in East Greenbush:
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 East Greenbush
Factors that Affect Solar Panel Costs in East Greenbush
There are a number of factors that can influence your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the most significant 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 increase costs. For each additional kilowatt you need, your cost can go up by about $3,650.The type of solar panels and equipment you want is another factor that will considerably impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Moreover, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that’s in your budget.
Solar Financing Terms
If paying for solar panels in cash is out of reach, solar loans are a solid choice because they lower your upfront costs and let you pay for your system over five to seven years on average.While solar loans make adopting solar energy more accessible for East Greenbush homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final factor to keep in mind when trying to estimate the cost of solar for your home or business in East Greenbush is the company you hire to install your solar system. Similar to choosing a company to renovate your kitchen, for example, there’s no shortage of solar installers that provide a range of services at different costs.Some companies 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 find a company that has the products, warranties and services you’re looking for and also fits 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 | $4,446 | 19.5 years |
| 8 kW | $3.72 | $20,849 | $6,337 | 19.2 years |
| 10 kW | $3.65 | $25,550 | $8,432 | 18.8 years |
| 12 kW | $3.58 | $30,047 | $10,731 | 18.4 years |
| 14 kW | $3.50 | $34,339 | $13,235 | 18.0 years |
| 16 kW | $3.43 | $38,427 | $15,943 | 17.7 years |
| 18 kW | $3.36 | $42,311 | $18,856 | 17.3 years |
| 20 kW | $3.29 | $45,990 | $21,973 | 16.9 years |
How to Save on Solar Panels
There are a lot of companies available in East Greenbush, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to get the job done well. Another way you can check your installer’s reputation is by reading reviews.
- Solar Panel Brands: The brand of solar panel you need to get plays a role in which installer you should opt for, since different companies have access to different panels.
- Contract: Although reading through a contract can be tedious, it’s important to do it carefully so you can make sure you understand what services your solar company will provide and the terms of the warranty.
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 East Greenbush, NY Solar Cost FAQs
What is the average cost of installing solar panels in East Greenbush?
The average cost of solar panels in East Greenbush is about $18,250 for a 5-kW system and $36,500 for a 10-kW system before the ITC, but the actual cost will depend on things such as the kind of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in East Greenbush?
You can’t get solar panels for free in East Greenbush. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
Can solar panels eliminate my power bills?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout East Greenbush, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in East Greenbush?
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 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.