Solar Panel Cost Guide in Mount Morris, NY (2024 Update)
- Mount Morris Solar Installation Cost: $11,906
- 25-Year Savings: $6,453
- Payback Period: 18.5 Years
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Average Cost of Solar Panels in Mount Morris
Find out what the average cost of a solar system is in Mount Morris.
The average cost of a solar system in Mount Morris is 4 per watt.Since a 4.7-kW system is needed to cover the energy needs of a typical home in Mount Morris, the average price of going solar will be about $11,906 after claiming the federal solar tax credit of 0.
These figures are just averages, and the cost of going solar for you will differ based on your energy needs and what company you go with.Many homeowners find installing solar panels is a sound investment. The average homeowner in Mount Morris can save about $13,000 on their energy bills over 20 years.
To calculate your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Mount Morris
Year | Return on Investment |
---|---|
1 years | $-11,080 |
3 years | $-9,428 |
5 years | $-7,776 |
7 years | $-6,124 |
9 years | $-4,473 |
11 years | $-2,821 |
13 years | $-1,169 |
15 years | $483 |
17 years | $2,135 |
19 years | $3,787 |
21 years | $5,438 |
23 years | $7,090 |
25 years | $8,742 |
Top Solar Installers in Mount Morris
DIY solar panel installation is a possibility, but it's an undertaking that can be a headache. Going with a solar panel installer can make converting to solar power much easier. Plus, if you aren’t sure what brand of solar panels and equipment you need, a solar installer can help you find the right equipment for you after a site survey and consultation.
If you’d like to switch to solar energy but still aren’t sure which solar panel installer to go with, here are our suggestions for providers nearby:
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 Mount Morris
Factors that Affect Solar Panel Costs in Mount Morris
Cost is usually one of the most important factors for homeowners considering investing in solar. There are a few key factors that affect your total cost in Mount Morris: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
The size of the solar system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $3,650. The kind of solar panels and equipment you get is another factor that will considerably influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Moreover, solar equipment goes beyond just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that’s in your budget.
Solar Financing Terms
Most solar installers in Mount Morris provide solar loans, which reduce the initial cost of installing solar panels.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The solar installer you go with to handle your switch to clean energy can play a part in your total costs. There are about 3 solar panel companies in Mount Morris, 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 pricing, or you might see small, local installation companies offering deals or promotions 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 | $4,756 | 19.3 years |
8 kW | $3.72 | $20,849 | $6,750 | 18.9 years |
10 kW | $3.65 | $25,550 | $8,949 | 18.5 years |
12 kW | $3.58 | $30,047 | $11,352 | 18.1 years |
14 kW | $3.50 | $34,339 | $13,959 | 17.8 years |
16 kW | $3.43 | $38,427 | $16,771 | 17.4 years |
18 kW | $3.36 | $42,311 | $19,787 | 17.0 years |
20 kW | $3.29 | $45,990 | $23,007 | 16.7 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be a challenge, we have some tips to help you, such as:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to install your solar system. Another way you can check your installer’s reputation is by reading reviews.
- Warranty: An all-inclusive, long-term warranty can help keep your solar panels running for years to come and save you money on part replacement and repairs.
- Solar Panel Brands: The model of solar panel you need plays a role in which installer you should opt for, since different companies have access to different panels.
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
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 Mount Morris, NY Solar Cost FAQs
What is the average cost of installing solar panels in Mount Morris?
The average cost of solar panels in Mount Morris 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 like the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Mount Morris?
You can’t get solar panels for free in Mount Morris. However, you may still be able to install 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.
Does Mount Morris have a net metering program?
Most states offer net metering programs of some kind. Through these, you can either get paid for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Mount Morris?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can opt to replace them after having them for that long or you can continue to use 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.