Solar Panel Cost Guide in Glenville, NY (2024 Update)
- Glenville Solar Installation Cost: $11,361
- 25-Year Savings: $6,790
- Payback Period: 17.8 Years
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Average Cost of Solar Panels in Glenville
Let’s take a look at the average cost of solar panels in Glenville.
The average cost of solar panels in Glenville is 4 per watt.To cover the typical energy needs of the average home in Glenville, most homeowners require a 4.4-kilowatt system. Using the figure above, a solar installation costs about $11,361, or $16,246 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The exact cost of going solar can vary based on several factors, such as what size system you need, your energy consumption and what company you go with.Despite the significant initial cost, the average Glenville homeowner can save about $14,000 on their energy bills over 20 years, which is one of the advantages of solar.
You can click the button below to get connected with a pre-vetted solar company in Glenville that can help you get a more accurate cost estimate for your home.
Solar savings over time in Glenville
| Year | Return on Investment |
|---|---|
| 1 years | $-10,469 |
| 3 years | $-8,685 |
| 5 years | $-6,901 |
| 7 years | $-5,117 |
| 9 years | $-3,333 |
| 11 years | $-1,548 |
| 13 years | $236 |
| 15 years | $2,020 |
| 17 years | $3,804 |
| 19 years | $5,588 |
| 21 years | $7,372 |
| 23 years | $9,156 |
| 25 years | $10,940 |
Top Solar Installers in Glenville
Trying to put up solar panels yourself can be a stressful undertaking, which is why hiring a solar installation company is a good option for many homeowners. The payback period on a solar system will vary based on factors like your roof configuration and energy use, but working with a solar company can help you reach a break-even point sooner. Your provider will be able to help you apply for incentives available in your area.
If you're searching for a solar company in Glenville, we've organized a list of our top suggestions here:
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 Glenville
Factors that Affect Solar Panel Costs in Glenville
For many Glenville homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Glenville, 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
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to spend about $3,650 per kilowatt in Glenville.Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Glenville, where sunlight isn’t as abundant, efficiency can quickly pay off. Also, if you have a small roof or limited 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 installers in Glenville provide solar loans, which reduce the initial cost of installing solar panels.When considering your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar installer you go with to handle your switch to green energy can play a part in your total costs. There are about 3 solar panel companies operating throughout Glenville, and each can charge different amounts for labor and equipment.You may see national solar installers that have lower prices due to their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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 | $5,609 | 18.5 years |
| 8 kW | $3.72 | $20,849 | $7,888 | 18.1 years |
| 10 kW | $3.65 | $25,550 | $10,371 | 17.8 years |
| 12 kW | $3.58 | $30,047 | $13,058 | 17.4 years |
| 14 kW | $3.50 | $34,339 | $15,950 | 17.1 years |
| 16 kW | $3.43 | $38,427 | $19,046 | 16.7 years |
| 18 kW | $3.36 | $42,311 | $22,347 | 16.4 years |
| 20 kW | $3.29 | $45,990 | $25,852 | 16.0 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 models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: The model of solar panel you want to install plays a role in which installer you should opt for, since different companies provide different panels.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
- Warranty: Warranties that cover replacement parts and repairs over around 25 years are the gold standard in the business, and offering that kind of warranty is one indication of a good company.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years most likely offer quality solar panel installation and expertise.
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 Glenville, NY Solar Cost FAQs
What is the average cost of installing solar panels in Glenville?
This is a difficult question to answer precisely, because the cost depends on a variety of 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. It will be more expensive if you want additional solar equipment or higher quality panels, or if you have above-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Is cost the most important consideration when buying solar panels?
Cost is a crucial factor to consider, but whether it’s the most important for you depends on your goals for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
How much can I save on power bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $718.42 per year.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to cover their typical energy usage.
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.