Solar Panel Cost Guide in Beacon, NY (2025 Update)
- Beacon Solar Installation Cost: $11,117
- 25-Year Savings: $13,015
- Payback Period: 12.6 Years
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Average Cost of Solar Panels in Beacon
We break down average solar pricing in Beacon.
In Beacon, solar panels cost about 4 per watt on average.Because a 4.4-kW system is needed to cover the energy usage of a typical home in Beacon, the average price of going solar will be about $11,117 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of how much solar panels could cost. The actual cost of making the switch to solar can vary depending on multiple factors, such as what size system you need, your energy usage and what solar installer you go with.For many homeowners, the upfront cost of solar is worth paying. On average you could be looking at about $19,000 in savings on utility bills over 20 years.
To calculate your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Beacon
| Year | Return on Investment |
|---|---|
| 1 years | $-9,854 |
| 3 years | $-7,328 |
| 5 years | $-4,801 |
| 7 years | $-2,275 |
| 9 years | $251 |
| 11 years | $2,778 |
| 13 years | $5,304 |
| 15 years | $7,831 |
| 17 years | $10,357 |
| 19 years | $12,883 |
| 21 years | $15,410 |
| 23 years | $17,936 |
| 25 years | $20,463 |
Top Solar Installers in Beacon
Many homeowners choose to hire a solar panel company since figuring out how to install solar panels on your own can be hard. Solar companies provide key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.
You can work with a local solar installer to get a free quote on how much solar panels could cost for your home. Here are some in Beacon:
See all of the solar companies in Beacon
Factors that Affect Solar Panel Costs in Beacon
Though the average cost of a solar system in Beacon is $11,117, your actual cost may be above or below the average. There are many factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to consider.
Solar Equipment
The size of the solar panel system you need for your home, 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. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Beacon, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for solar panels in cash is out of reach, solar loans are a popular option because they reduce your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.Even though solar loans make going solar more accessible for Beacon homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
Finally, the company you get to install your solar system can play a role in determining your pricing. Beacon’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies generally have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric car charger installation, they might be cheaper overall.
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 | $14,394 | 13.1 years |
| 8 kW | $3.72 | $20,849 | $19,600 | 12.9 years |
| 10 kW | $3.65 | $25,550 | $25,012 | 12.6 years |
| 12 kW | $3.58 | $30,047 | $30,627 | 12.4 years |
| 14 kW | $3.50 | $34,339 | $36,447 | 12.1 years |
| 16 kW | $3.43 | $38,427 | $42,471 | 11.9 years |
| 18 kW | $3.36 | $42,311 | $48,700 | 11.6 years |
| 20 kW | $3.29 | $45,990 | $55,133 | 11.4 years |
How to Save on Solar Panels
The solar installer you opt for will influence not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, such as:
- Contract: Before you sign a contract with a solar installer, make sure to look it over completely so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what to do if a component breaks or malfunctions and if there are any guarantees about energy production.
- Warranty: If you care about the durability of your solar panels, verifying that your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Installation Process: Get details 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.
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
EcoWatch's Beacon, NY Solar Cost FAQs
How much does it cost to install solar panels in Beacon?
The average cost of solar panels in Beacon 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 type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Beacon?
You can’t get solar panels for free in Beacon. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
How much can I save on energy bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $1,011.23 per year.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and how much sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to cover their typical energy usage.
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.