Solar Panels Cost 4.9k-14k in Middleburgh, NY | October, 2024

Solar Panels Cost $4.9k-$14k in Middleburgh, NY | October, 2024

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How much do solar panels cost in Middleburgh, NY in 2024?

To get solar installed in October, 2024 in Middleburgh, NY averages out to $3.53/W.

You should expect the price to be $3,530, on average, for every 1 kW (or 1000 watts) of solar energy your solar system will need to produce. In Middleburgh, you can expect to spend about $12,355 for a 5 kW solar panel install once the 30% federal income tax credit is factored in. However, please keep in mind that a higher capacity system might be needed to satisfy your energy needs.

On the left-hand side, pick your county to access information on the typical roof size and the average maximum capacity for residential solar on homes within your area. You can review the price, payback period, and 20-year average savings for a 5 kW system installed in your county below.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Middleburgh: $12,355US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Middleburgh: 7 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Middleburgh: $19,742US Average: $15,784

Solar Potential in Middleburgh

Estimated system size and solar electricity production per median viable roof in
Middleburgh.

Roof size 572sq. ft.
Capacity 8kW DC
Electricity 8.7kkWh AC per yr.

Electricity Costs in Middleburgh, NY & What that Means for Your Solar Panel Pricing

With an average consumption of 650 kWh per month, Middleburgh households pay about $155.80 for electricity. Small living spaces, such as condos and cottages, are also included in the data cited in the previous sentence.

Middleburgh, NY's electricity rate is on average 23.96¢ per kWh in October 2024.

To meet all of the energy needs of an average consumer in Middleburgh, a solar system of 6 kW or larger is required. At this time, a 6 kW solar panel system will cost you approximately $21,180, but the 30% federal income tax credit reduces the total to $14,826.

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Average solar panel costs by system size in Middleburgh

On the left side below, there is the pricing details for various sizes of the solar panel systems set up in Middleburgh. Naturally, with a larger solar system, you'll see a greater initial expense, but the rewards are higher electricity savings and more substantial income tax credits.

See a cost benefit analysis in the solar panel cost calculator below and to the right, for an average electric bill of $155.80 in Middleburgh. To get tailored results, simply adjust the $155.80to match your average electricity bill amount.

System Size 2kW
Roof Size Min. space required
143 ft²
Electricity Value Annual Production $671 a year
Est. Price
$4,942
Savings from a 2kWthis system
  • Est. yearly production 2,794 kWh
  • Est. monthly savings $56
  • Full payback in 3 years
Environmental Impacts
  • Reduces CO2 emissions by 0.6 tons a year
  • Equivalent to planting 28 trees a year
  • Equivalent to driving 1,485 mi less a year
System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $1,006 a year
Est. Price
$7,413
Savings from a 3kWthis system
  • Est. yearly production 4,191 kWh
  • Est. monthly savings $84
  • Full payback in 4 years
Environmental Impacts
  • Reduces CO2 emissions by 0.9 tons a year
  • Equivalent to planting 41 trees a year
  • Equivalent to driving 2,227 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $1,341 a year
Est. Price
$9,884
Savings from a 4kWthis system
  • Est. yearly production 5,588 kWh
  • Est. monthly savings $112
  • Full payback in 5 years
Environmental Impacts
  • Reduces CO2 emissions by 1.2 tons a year
  • Equivalent to planting 55 trees a year
  • Equivalent to driving 2,969 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,676 a year
Est. Price
$12,355
Savings from a 5kWthis system
  • Est. yearly production 6,985 kWh
  • Est. monthly savings $140
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 1.5 tons a year
  • Equivalent to planting 69 trees a year
  • Equivalent to driving 3,712 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $2,012 a year
Est. Price
$14,826
Savings from a 6kWthis system
  • Est. yearly production 8,382 kWh
  • Est. monthly savings $156
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 1.67 tons a year
  • Equivalent to planting 77 trees a year
  • Equivalent to driving 4,145 mi less a year

Middleburgh Solar Panel Installation Incentives & Rebates | 2024

Eligible rural small businesses and farms might have their photovoltaic or wind turbine installation costs covered by the REAP Grant, ranging from 80% to 100%. If you believe you might qualify, we suggest trying our REAP Grant eligibility tool to verify.

For those considering residential solar options, a 30% federal income tax credit is broadly available, increasing the appeal and practicality of solar energy in many areas across the nation. Additionally, there are numerous state and local incentives to further promote the adoption of solar energy.

A total of 21 solar rebates and incentives are available in New York through various utility companies and government departments.

Solar incentives in NY

Residential Solar Tax Credit

Value:Up to $5,000

Homeowners in New York may be eligible for state income tax credits on solar energy-related expenses. The tax code covers photovoltaic, water heating, and HVAC systems rated for up to 25 kW (single-family homes) or 50 kW (condos). Leased and owned systems qualify regardless of whether they are part of a power purchasing agreement. The credit amount will generally equal 25% of the new equipment's purchase price and installation costs. To claim the credit, homeowners can file form IT-255 with the New York State Department of Taxation and Finance.

NY-Sun Loan Program

Value:Varies

The NY Sun Initiative offers a loan program to fund new residential and small commercial solar photovoltaic systems. The principal available for a residential loan ranges from $1,500 to $25,000 depending on capacity and expected performance. Small businesses and public-sector entities can apply for up to $100,000 of funding. Loans can be repaid over up to 15 years at competitively low interest rates. Standard credit checks apply at the time of application and will determine interest. Additional information is available from the Sun Initiative website.

New York Power Authority - Energy Services Programs for Public Entities

Value:Varies

Local governments and state agencies may take advantage of energy efficiency advisory programs offered by the New York Power Authority. NYPA can conduct property energy audits and assist with project research, design, contracting, and financing. Public-sector facilities, including public schools, may receive upfront financing on the total cost of energy-related improvement projects. The agency will make regular repayments based on their estimated energy savings. Additional information is available from the NYPA website.

Solar Sales Tax Exemption

Value:Varies

In New York, new solar energy systems for use on residential property are exempt from state sales/use tax. The exemption applies to solar PV, water heating, and HVAC systems, but not to pool heaters. (Commercial pool heaters may still be subject to tax incentives.) Additional information is available from local assessors and solar retailers.

Clean Energy Fund (CEF)

Value:Varies

A Clean Energy Fund is managed by New York's Public Service Commission. The law creating this fund consolidates the expired Renewable and Energy Efficiency Portfolio Standard budgets into a single entity. By 2030, 50% of the state's retail electricity should be generated from renewable sources. In the same year, the state should also reduce building energy consumption by 23% and overall carbon emissions by 40% from 2012 benchmarks. Initiatives funded through the CEF include rebate and incentive programs, large-scale private renewable energy facilities, education, and business support. Additional information is available from the PSC website.

NY-Sun Commercial and Industrial Incentive Program

Value:Varies

In New York, new solar energy systems for use on residential property are exempt from state sales/use tax. The exemption applies to solar PV, water heating, and HVAC systems, but not to pool heaters. Cities and county governments may enact local sales/use tax exemptions adding to state incentives. In cities of more than 1 million people, these exemptions must be formally codified as a local ordinance. Additional information is available from local assessors and solar retailers.

Clean Energy Standard

Value:Varies

New York established a mandatory Clean Energy Standard in 2016 to consolidate and replace the expiring Renewable and Energy Efficiency Portfolio Standards. The Renewable Energy substandard goals require 70% of the state's retail electricity to be sourced renewable by 2030. The state should phase out energy sources producing carbon emissions by 2040. The Zero-Emissions Standard and lower "carve-out" standards dictate minimum investment in specific zero-emission energy sources, including solar and offshore wind. Compliance with the standard is measured using both Renewable Energy Credits (RECs) and Zero-Emission Credits (ZECs) pegging a megawatt hour of electricity to a fluctuating dollar value. All operation renewable energy systems in the state will generate at least one type of credit, though utilities are expected to purchase a share of their REC/ZEC quotas from customers through tariff programs.

NY Green Bank

Value:Varies

The New York Green Bank is a public financial institution overseen by NYSERDA. The Bank specializes in forming public-private partnerships to streamline financial considerations in green energy investment. Currently, the Bank manages hundreds of millions of dollars used for renewable portfolio standard compliance, incentive programs, energy assistance, and project financing. It may legally involve itself with any renewable energy project and is formally charged with reviewing proposals for special financing agreements on the corporate and utility levels.

PSEG Long Island - Net Metering

Value:Varies

PSEG, the private electrical utility on Long Island, has created its own net metering policies in addition to state standards. The utility has committed to net metering agreements for up to 150 MW of wind, solar, biomass, and CHP energy. Net metering customers will be compensated through bill credits on the net excess generation (NEG) they export to the grid, as measured by a bidirectional meter. Should generation exceed consumption for a given month, credits will roll ahead to subsequent billing cycles. "Virtual net metering" arrangements are available for agricultural renewable energy systems and microgrid customers. As a condition of compensation, PSEG takes ownership of the renewable energy credits generated through the use of a renewable energy device under net metering. Additional information is available through the PSEG website.

Local Option - Real Property Tax Exemption for Green Buildings

Value:Varies

In New York, municipal corporations may be eligible for property tax exemptions on buildings meeting certain green construction standards. Exemptions are at the local level, and cities/counties in New York may choose not to grant them whatsoever. Qualifying buildings should meet the requirements for LEED Silver certification at a minimum, and they should pursue formal certification from the US Green Building Council. Exemptions for a LEED Silver building last for three years, after which time the incentive turns into a tax credit which decreases by 20% annually. Longer exemption periods of up to six years are available for buildings with LEED Gold or Platinum certification. Interested taxpayers should consult with their local assessor for details.

NY-Sun PV Incentive Program (Residential, Low-Income, and Small Business)

Value:Varies

Through the Sun Incentive Program operated by NYSERDA, homeowners installing a new solar energy system up to 25 kW in capacity may receive rebates. Homeowners must be a customer of a participating utility and use a participating solar contractor to qualify. Rebate amounts will build on a base rate per watt. Additional incentives are available for low-income customers or larger systems. NYSERDA may contract with microgrids in low-income neighborhoods to proportionally allot incentives to each subscriber. Additional information is available from the NYSERDA website.

PSEG Long Island - Renewable Electricity Goal

Value:Varies

Until its replacement by PSEG Long Island, the Long Island Power Authority held itself to a local renewable portfolio standard exceeding state standards. By 2013, at least 25% of the island's retail electricity was to be generated using renewable technology. Solar, wind, and other renewable energy projects used to comply with the local standard could not be used for state RPS compliance. Though this policy promoted renewable investment above and beyond state minimum quotas, it was actually established for legal reasons to ensure renewable energy credits were not counted twice. PSEG Long Island, as LIPA's successor, did not establish a new renewable energy goal to keep with increasing state standards.

Local Option - Solar, Wind & Biomass Energy Systems Exemption

Value:Varies

In New York, local governments may choose to enact real property tax exemptions on farm renewable energy systems. Localities may choose to opt out of the exemption program; in most cases, it will be offered by default, in contrast with other local-option tax incentives. Wind turbines, solar PV, water heating, HVAC, and some pool heating systems are eligible. Agricultural biomass, manure, or waste energy systems may also be eligible for exemptions. Exemptions are valid at the local and school tax levels, and taxpayers may still be liable for special assessments their local government places on the property.

PSEG Long Island- Commercial Solar PV Feed-in Tariff

Value:Varies

In New York, new solar energy systems for use on residential property are exempt from state sales/use tax. The exemption applies to solar PV, water heating, and HVAC systems, but not to pool heaters. Cities and county governments may enact local sales/use tax exemptions adding to state incentives. In cities of more than 1 million people, these exemptions must be formally codified as a local ordinance. Additional information is available from local assessors and solar retailers.

State of NY Commercial PACE Financing Program

Value:Varies

The New York state government offers a statewide property-assessed clean energy (PACE) financing program for multi-family residential and commercial properties making energy efficiency improvements. Single-family homes, duplexes, and townhomes are not eligible for financing due to FHFA regulations. The available principal will depend on property type and the projects being financed. The applicant must request an energy audit from a PACE representative as a part of the process: only projects the auditor suggests are eligible. Loan repayment will be made through a property tax lien senior to mortgages. Should the owner sell or transfer their property, the new owner will be responsible for repayments. Additional information is available from the New York Energy Improvement Corporation website.

Net Metering

Value:Varies

Since 1997, public/private utilities and cooperatives have offered net metering or other distributed generation tariffs to as many renewable energy customers as allowable by state quotas. The state recently replaced net metering with a "value of distributed energy resources" (VDER) tariff. VDER operates as an "inflow-outflow" program. Customers are technically billed for all electricity they generate, including excess generation (EG) sent to the grid. Rather than paying for all generated energy, however, they will only owe the cost of their "nettable energy" in that cycle. Nettable energy is equal to total power generated at the standard billed cost minus EG at a different "credit rate." As with net metering, should generation exceed consumption, remaining credits will be applied to subsequent cycles. VDER credit rates are fixed for the length of the contract. "Community Metering" provisions exist to compensate microgrid subscribers in proportion.

Energy Conservation Improvements Property Tax Exemption

Value:Varies

Real property tax exemptions may apply to small residential renewable energy equipment in New York, including CHP units, hydroelectric systems, fuel cells, and devices used to store energy. Exemptions apply at the local and state level, with the exception of special assessments that a property may incur. Multi-family property may be eligible for the exemptions if they are under five units in size. Additional information is available from the NY Department of Taxation and Finance.

Home Performance with ENERGY STAR

Value:Varies

Energy efficiency project financing through NYSERDA lending partners is available to single-family homeowners and multifamily properties up to four units. Applicants are limited to borrowers from Con Edison, Central Hudson, PSEG-Long Island, the National Grid, NYS E&G, Rochester G&E, or Orange Rockland. Loans with a principal of $1,500 - $25,000 are available at 3.49% - 3.99% APR over up to 15 years. Monthly payments are made through energy bills and will be based on estimated cost savings. Loans may fund projects approved by NYSERDA energy auditors and undertaken by participating contractors. The initial audit is available at no cost to the applicant. Additional information is available from the NYSERDA website.

Interconnection Standards

Value:Varies

In 1999, New York became one of the first states to standardize distributed generation and grid interconnection practices. The state Standard Interconnection Requirements cover any renewable energy system rated for under five megawatts. Systems should meet certain IEEE and UL safety and performance standards. Should the standards be met, the system will be eligible for expedited permit review procedures.

City of Riverhead - Energy Conservation Device Permitting Fees

Value:Varies

Special building permit processes and fees are available for new renewable energy systems or "energy conservation devices" in Riverhead. Eligible equipment includes solar PV arrays as well as any other device which qualifies for federal, state, or county tax incentives. Should a project meet certain safety and performance specifications, it will be considered under a 14-day expedited review and cost a $50 fee. Additional information is available from the Riverhead municipal website.

System Benefits Charge

Value:Varies

All customers of New York's six private electrical utilities are assessed system benefits surcharges to support a variety of NYSERDA energy initiatives. Currently, surcharge funding supports energy efficiency improvements, renewable energy investments, and energy access/assistance for low-income or disadvantaged communities. The fund's administrators annual reports to the state assembly detailing funding goals, actual revenue earned from surcharges, and initiatives supported by surcharges. These reports are publicly available on the NYSERDA website.

Are solar panels worth it in New York?

For those looking to stay in their home past the solar system's payback period, solar panels are a good investment in Middleburgh. Installing a 5 kW solar system in Middleburgh, NY will, on average, save you $25,037 over 20 years, and you can expect to break even in about 7 years.

The cost of not having solar panels in Middleburgh, NY

Failing to install solar panels or an alternative backup energy means missing the savings mentioned earlier and being entirely reliant on your electric utility for electricity. The news has provided several examples highlighting that full reliance on your utility isn't always the best idea.

On average, customers in Middleburgh have encountered 0.93 utility outages per year in recent times. Outages typically last for an average of 108.97 minutes. Major occurrences like overloaded power grids, wildfires or planned maintenance can lead to a significant rise in these time frames.

A solar panel system with (or without) a backup battery could ease the strain of future outages you experience.

Power Outages

Currently, 0 customers are being tracked in Schoharie County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Middleburgh, NY?

Your Energy Needs - Even though larger solar panel systems are more expensive initially, the average price per watt lowers as the system size increases. Setting up a solar panel system that can fully offset the electric bill is advantageous to individuals because of the reduced long-term costs.

Make & Model - Solar panels, similar to many other products, are available in a variety of makes and models. The contractor’s preference for brand makes it crucial to choose a recommended company. Consumers who choose better equipment usually enjoy a better long-term experience.

Solar Panel Type - It's no surprise that monocrystalline panels are now the standard in the industry. These panels have a higher cost but yield more energy. Most installers in the industry utilize panels made from this material.

Your Property - Trees, uneven landscapes, or other barriers can increase the difficulty of the installation. Nowadays, solar installers typically leverage satellite images to evaluate your home and incorporate these considerations into the preliminary cost estimate.

Labor Rates - Companies pay different wages to their employees, and these expenses are inevitably borne by the consumers. It is commonly observed that companies with higher wages garner superior reviews for their services and customer service.

Permitting & Interconnection - The cost of installation will be affected by different local permitting and utility interconnection fees. Quality local installers will integrate these numbers into your first quotes to prevent any surprises.

See what solar panels cost in other NY cities

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Who are the best solar installers in Middleburgh?

YellowLite

Cleveland, OH(877) 743-8757

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.

Paradise Energy Solutions

Paradise CDP, PA(877) 851-9269

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Academy Energy Group

Newburgh, IN(812) 518-2150

Services

  • Monitoring of independent energy generation.
  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Auditing of energy requirements for independent energy generation.

SunVest Solar

Pewaukee, WI(262) 547-1200

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

GreenSpark Solar

Ontario CDP, NY(585) 265-2384

Services

  • Monitoring of independent energy generation.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

Plug PV

Albany, NY(518) 948-5316

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Monitoring of independent energy generation.
  • Expertise in consulting on advantageous financing for solar.

SI Solar

(844) 747-6527

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.

Dividend Finance

San Francisco, CA(415) 805-7000

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.

Summit Energy Group

Weymouth Town, MA(888) 578-6648

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

CES

Middletown, CT(860) 632-1682

Services

  • Auditing of energy requirements for independent energy generation.
  • Consulting on all things solar related.
  • Installation of solar arrays.

Entero Energy

Austin, TX(512) 551-0742

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Harvest Power

Islip Terrace CDP, NY(631) 647-3402

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.

Silver Sun Solar

Deltona, FL(340) 227-7785

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

ConEdison Solutions

Valhalla CDP, NY(914) 286-7000

Services

  • Installation of solar arrays.
  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.

Same Sun of Vermont

Rutland, VT(802) 775-7900

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Solar systems for selling electricity back to the grid.

Venture Home Solar

New York, NY(888) 417-2086

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Sunnova Energy

Houston, TX(866) 786-6682

Services

  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

Sunrun

San Francisco, CA(833) 394-3384

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.

Sunnyside Solar

(802) 280-7319

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Sigora Solar

Charlottesville, VA(434) 465-6192

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.

Entegrity

Little Rock, AR(800) 700-1414

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Quixotic Systems

New York, NY(212) 367-9161

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.

GenRenew

Freehold, NJ(732) 835-4272

Services

  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.

Venture Solar

(888) 417-2086

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Engie North America

Houston, TX(713) 636-0000

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.

Lumina Solar

Baltimore, MD(800) 971-6118

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

ACE Solar

Carlstadt, NJ(201) 507-1110

Services

  • Reparation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

Precision Renewables

Snyderville CDP, UT(435) 602-4120

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.

PowerLutions

Lakewood CDP, NJ(732) 987-3939

Services

  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

Middleburgh, NY Solar Panel Cost FAQs

  • In Middleburgh, NY, the mean cost per watt for solar panels as recorded in October, 2024 is $3.53/W. After the federal tax credit, the estimated cost for a 5 kW solar panel system in Middleburgh, NY is roughly $12,355.
  • As of now, there are 21 rebates and incentives offered by various utilities and government entities in New York. Furthermore, the majority of people qualify for the 30% federal tax credit.
  • Paying in cash yields the highest savings, but there are multiple financing options available today for solar panels that are also cost-effective. Initial quotes from installers will frequently detail information about available financing options.
  • Yes, homeowners in Middleburgh, NY generally see a payback time of 7 years for 5 kW solar panel systems, with electricity savings averaging $25,037 over a 20-year period.
Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-10-01