Is $21,000 to purchase an 11 panel solar system outright a fair price?
Project Details
The homeowner is evaluating a solar installation for an 11-panel system. They are comparing a traditional purchase against a new lease model where the installer retains tax credits and incentives in exchange for a lower upfront cost and a potential buyout after five years.
Quote Details
Direct purchase of a residential solar power system. - 11 panel system installation - Price excludes New York State rebate incentives
You say...
Vote Distribution
These ratings are not endorsed by Quote Critic. They are submitted by other Quote Critic users like you.
More Details
Category
Solar
Price
$21,000
Quote Date
April 8, 2026
Location
New York
# of Panels
11
Comments
No comments yet
Sign in to share your thoughts and ask questions.
Similar Quotes
Purchase solar panels
This option involves an outright purchase of solar panels. - Outright Purchase Cost: $13,600 - Number of Panels: 11 - Estimated Generation: 551 kilowatt per month
Purchase solar panels
This option involves purchasing the solar panel system outright. - System Size: 8 panels (~3.28 KW) - Purchase Price: $17,280 - Financing: Can be rolled into mortgage at 5.25% for 30 years (approximately $95/month) - Ownership: Homeowner owns the panels - Tax Credit: Qualifies for the 30% federal tax credit (estimated ~$5,184) - Home Value: Adds value to the home - Warranty: 25-year warranty
Install an 11.5 kW solar panel system
Installation of an 11.5 kW solar panel system. This quote represents the general price range received from multiple providers.- System Size: 11.5 kW- Purchase Type: Buying (not leasing)- Financing: Considering a solar loan