Solar Panel Cost Guide in Mendon, NY (2024 Update)
- Mendon Solar Installation Cost: $10,653
- 25-Year Savings: $8,317
- Payback Period: 15.7 Years
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Average Cost of Solar Panels in Mendon
Here’s how much it might cost to switch to solar power in Mendon.
The national average cost of solar panels is $2.66 per watt, but in Mendon it’s 4 per watt.The average Mendon homeowner needs a 4.2-kilowatt system, which would cost about $10,653 with the federal tax credit, or $15,234 before the 0 tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Mendon homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.Despite the high upfront cost, the average Mendon homeowner can save around $15,000 on their power bills over 20 years, which is one of the advantages of solar.
For a personalized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Mendon
| Year | Return on Investment |
|---|---|
| 1 years | $-9,745 |
| 3 years | $-7,930 |
| 5 years | $-6,115 |
| 7 years | $-4,299 |
| 9 years | $-2,484 |
| 11 years | $-669 |
| 13 years | $1,147 |
| 15 years | $2,962 |
| 17 years | $4,777 |
| 19 years | $6,592 |
| 21 years | $8,408 |
| 23 years | $10,223 |
| 25 years | $12,038 |
Top Solar Installers in Mendon
When switching to solar energy, many homeowners choose to go with a solar installer since overseeing your solar installation yourself can be a challenging project. Solar warranties and repairs are ordinarily included in the cost of installation when you go with a solar company as well, which can save you more money over time.
Working with a licensed 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 Mendon
Factors that Affect Solar Panel Costs in Mendon
The cost of installing a solar system in Mendon can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation require 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.The brand and type of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar installers in Mendon offer solar loans, which reduce your upfront costs of installing solar panels.However, the interest on solar loans also increases your total costs, so it’s vital to keep that in mind as well. You can always reduce the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you select will affect your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.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 come at a higher cost. It’s best to do some research and go with the company that has the products, warranties and services you’re looking for and also fit into 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 | $8,415 | 16.4 years |
| 8 kW | $3.72 | $20,849 | $11,629 | 16.0 years |
| 10 kW | $3.65 | $25,550 | $15,047 | 15.7 years |
| 12 kW | $3.58 | $30,047 | $18,669 | 15.4 years |
| 14 kW | $3.50 | $34,339 | $22,496 | 15.1 years |
| 16 kW | $3.43 | $38,427 | $26,528 | 14.8 years |
| 18 kW | $3.36 | $42,311 | $30,764 | 14.5 years |
| 20 kW | $3.29 | $45,990 | $35,204 | 14.2 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since choosing a company can be a tough decision, we have some tips to help you, such as:
- Reputation: Long-running companies likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Contract: Read the contract terms thoroughly to make sure you understand the cost breakdown, project timeline rebates and warranties.
- 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.
- Solar Panel Brands: The model of solar panel you need to install plays a part in which company you should choose, since different companies have different panels.
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 Mendon, NY Solar Cost FAQs
What is the average cost of installing solar panels in Mendon?
This is a tough question to answer exactly, 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. It will be more expensive if you want additional solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Are solar panels free in Mendon?
You can’t get solar panels for free in Mendon. 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 energy bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Mendon, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can replace them after having them for that long or you can keep using them at a lower efficiency.
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.