Solar Panel Cost Guide in Crawford, NY (2023 Update)
- Crawford Solar Installation Cost: $8,941
- 25-Year Savings: $14,008
- Payback Period: 9.7 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Crawford
Find out how much it might cost to make the switch to solar in Crawford.
The average cost of solar panels in Crawford is 2.95 per watt. The average solar panel system size in Crawford is around 4.3 kilowatts, meaning a cost of about $8,941 for a solar installation, or $12,786 before the 30% federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you'll pay for solar will differ based on your household energy consumption, the type of solar panels you choose, your solar contractor and more. For many homeowners, the upfront investment in solar panels is worth paying. On average Crawford homeowners see about $20,000 in savings on energy bills over 20 years.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Crawford
| Year | Return on Investment |
|---|---|
| 1 years | $-8,023 |
| 3 years | $-6,187 |
| 5 years | $-4,351 |
| 7 years | $-2,516 |
| 9 years | $-680 |
| 11 years | $1,156 |
| 13 years | $2,992 |
| 15 years | $4,828 |
| 17 years | $6,664 |
| 19 years | $8,500 |
| 21 years | $10,336 |
| 23 years | $12,172 |
| 25 years | $14,008 |
Top Solar Installers in Crawford
Putting up solar panels yourself can be a dangerous project, which is why hiring a solar installer is a good option for many homeowners. Some solar installers, especially local ones, can help you better understand incentives in Crawford, thereby optimizing your ROI.
If you're searching for a solar installer in Crawford, we've put together a list of our top suggestions here:
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 Crawford
Factors that Affect Solar Panel Costs in Crawford
Though the average cost of a solar system in Crawford is $8,941, your final cost may be above or below the average. There are several factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more important things to consider.
Solar Equipment
When it comes to estimating the price of a solar system in Crawford, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy consumption, which you can gauge by looking at past energy bills. Your total cost can increase by about $2,950 for each additional kilowatt you need. The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your energy bills. In addition, extra products, like solar batteries, can bump up your total well above the Crawford average.
Solar Financing Terms
Many homeowners find the average cost of solar in Crawford to be prohibitively costly, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also result in a higher cost over time due to interest. Even though solar loans make adopting solar energy more accessible for Crawford homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar company you go with to handle your switch to solar energy can play a part in your total costs. There are about 3 solar panel companies operating in Crawford, and each can charge varying amounts for labor and equipment. You may see national solar installers that have lower prices because of their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions 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 | $3.07 | $12,886 | $18,932 | 10.1 years |
| 8 kW | $3.01 | $16,850 | $25,572 | 9.9 years |
| 10 kW | $2.95 | $20,650 | $32,379 | 9.7 years |
| 12 kW | $2.89 | $24,284 | $39,350 | 9.5 years |
| 14 kW | $2.83 | $27,754 | $46,486 | 9.3 years |
| 16 kW | $2.77 | $31,058 | $53,788 | 9.2 years |
| 18 kW | $2.71 | $34,196 | $61,255 | 9.0 years |
| 20 kW | $2.66 | $37,170 | $68,887 | 8.8 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because choosing a company can be difficult, we have some tips to help you, such as:
- Contract: Before signing a contract with a solar company, make sure to read it through fully so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
- Reputation: Companies that have been operating for many years likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: The brand of solar panel you want plays a role in which installer you should choose, since different companies have different panels.
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 Crawford, NY Solar Cost FAQs
What is the average cost of installing solar panels in Crawford?
The average cost of solar panels in Crawford 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 stuff like the kind of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider in addition to cost when buying solar panels?
Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase the value of your home?
Solar panels can increase your home value remarkably as long as you buy or finance your panels and don't choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can 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.
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.