Solar Panel Cost Guide in Coxsackie, NY (2023 Update)
- Coxsackie Solar Installation Cost: $9,191
- 25-Year Savings: $11,071
- Payback Period: 11.3 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Coxsackie
We break down average solar pricing in Coxsackie.
In Coxsackie, solar panels cost about 2.95 per watt on average. The average solar panel system size in Coxsackie is around 4.5 kilowatts, meaning a cost of about $9,189 for a solar installation, or $13,140 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of going solar can vary based on multiple factors, such as how many panels you need, your energy usage and what company you go with. With average savings of about $17,000 on utility bills over 20 years, many homeowners in Coxsackie find investing in solar can be quite rewarding.
To calculate your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Coxsackie
| Year | Return on Investment |
|---|---|
| 1 years | $-7,928 |
| 3 years | $-5,401 |
| 5 years | $-2,875 |
| 7 years | $-349 |
| 9 years | $2,178 |
| 11 years | $4,704 |
| 13 years | $7,231 |
| 15 years | $9,757 |
| 17 years | $12,283 |
| 19 years | $14,810 |
| 21 years | $17,336 |
| 23 years | $19,863 |
| 25 years | $22,389 |
Top Solar Installers in Coxsackie
DIY solar panel installation is a possibility, but it's an undertaking that can use up a lot of your time and energy. Using a solar company can make converting to solar power much easier. Local solar installers can also help you optimize your return on investment by assisting with any local incentives you can take advantage of and by offering warranties and repairs.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Coxsackie
Factors that Affect Solar Panel Costs in Coxsackie
There are a number of criteria that can affect your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
One of the most significant 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 pay around $2,950 per kilowatt in Coxsackie. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your power bills. In addition, extra products, such as solar batteries, can bring your total well above the Coxsackie average.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a significant investment. That's why many Coxsackie homeowners decide to finance their solar panel systems to make going solar more affordable. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The solar panel installation company you select will influence your total cost to make the switch to solar power. Different companies will charge different amounts for the equipment and labor. You may see national solar installers that have lower prices because of their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those major players.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.07 | $12,886 | $14,429 | 11.8 years |
| 8 kW | $3.01 | $16,850 | $19,569 | 11.6 years |
| 10 kW | $2.95 | $20,650 | $24,875 | 11.3 years |
| 12 kW | $2.89 | $24,284 | $30,345 | 11.1 years |
| 14 kW | $2.83 | $27,754 | $35,981 | 10.9 years |
| 16 kW | $2.77 | $31,058 | $41,782 | 10.7 years |
| 18 kW | $2.71 | $34,196 | $47,748 | 10.4 years |
| 20 kW | $2.66 | $37,170 | $53,879 | 10.2 years |
How to Save on Solar Panels
The solar installer you go with will impact not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should keep in mind, such as:
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and energy 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.
- Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. Two 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 past customers.
- Contract: Review the contract terms closely to make sure you understand the total cost, project timeline incentives and warranties.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panels running for years to come and save you money on repairs and maintenance.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Coxsackie, NY Solar Cost FAQs
How much does it cost to install solar panels in Coxsackie?
The average cost of solar panels in Coxsackie is about $14,750 for a 5-kW system and $29,500 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider other than cost when buying solar panels?
The upfront cost is a crucial factor to consider, but whether it's the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.
How much can I save on energy bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on where you're located and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $910.49 per year.
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home uses 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.