Solar Panel Cost Guide in Pendleton, NY (2024 Update)
- Pendleton Solar Installation Cost: $10,627
- 25-Year Savings: $7,149
- Payback Period: 16.9 Years
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Average Cost of Solar Panels in Pendleton
Find out what the average cost of installing solar panels is in Pendleton.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Pendleton, the typical cost of a solar system is 4 per watt.Since a 4.2-kW system is needed to cover the energy usage of a typical home in Pendleton, the average price of going solar will be about $10,627 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The actual cost of installing solar panels can vary based on a few factors, such as how many panels you need, your energy usage and what installation company you go with.But, after you've paid the initial cost of installation, the payback for most homeowners is usually fruitful, with a net average savings of about $14,000 over 20 years on energy bills.
Click the button below to get connected to a top solar company in Pendleton for a personalized quote.
Solar savings over time in Pendleton
| Year | Return on Investment |
|---|---|
| 1 years | $-9,760 |
| 3 years | $-8,026 |
| 5 years | $-6,291 |
| 7 years | $-4,557 |
| 9 years | $-2,822 |
| 11 years | $-1,088 |
| 13 years | $647 |
| 15 years | $2,381 |
| 17 years | $4,116 |
| 19 years | $5,850 |
| 21 years | $7,585 |
| 23 years | $9,319 |
| 25 years | $11,054 |
Top Solar Installers in Pendleton
When switching to solar energy, many homeowners choose to hire a solar company since overseeing your solar installation yourself can be a difficult project. Some solar installers, particularly local ones, can help you make the most of incentives in Pendleton, optimizing your ROI.
Working with a vetted solar company can help your solar project go smoothly. 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 Pendleton
Factors that Affect Solar Panel Costs in Pendleton
Cost is usually one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that determine your overall cost in Pendleton: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly 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 power your household uses, the larger your system will likely need to be. You can expect to spend about $3,650 per kilowatt in Pendleton.There are a lot of different solar panel brands and the one you choose also changes the cost. In many cases, the brands that offer higher efficiency tend to also cost more. Additionally, the type of equipment you choose can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are provided by most installers in Pendleton, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also adds to your all-in costs, so it’s crucial to take that into consideration as well. You can always reduce the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The solar panel installer you pick will play a role in your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.You may notice national solar installers that have lower prices due to their larger brand name and access to bulk pricing, 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 | $6,759 | 17.6 years |
| 8 kW | $3.72 | $20,849 | $9,420 | 17.2 years |
| 10 kW | $3.65 | $25,550 | $12,286 | 16.9 years |
| 12 kW | $3.58 | $30,047 | $15,357 | 16.5 years |
| 14 kW | $3.50 | $34,339 | $18,632 | 16.2 years |
| 16 kW | $3.43 | $38,427 | $22,111 | 15.9 years |
| 18 kW | $3.36 | $42,311 | $25,795 | 15.5 years |
| 20 kW | $3.29 | $45,990 | $29,683 | 15.2 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose greatly affects your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- 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 most likely has a good reputation and is qualified to do the job well. Another way you can look into your installer’s reputation is by reading reviews.
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
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 Pendleton, NY Solar Cost FAQs
How much does it cost to install solar panels in Pendleton?
The average cost of solar panels in Pendleton 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 stuff such as the type of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Pendleton?
A solar panel system isn’t free in Pendleton, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Is it worth going solar in Pendleton?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and how much direct sunlight your roof gets.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.