Solar Panel Cost Guide in Dickinson, NY (2023 Update)
- Dickinson Solar Installation Cost: $9,583
- 25-Year Savings: $5,217
- Payback Period: 16.2 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated September 15, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Dickinson
Let's have a look at the average cost of solar panels in Dickinson.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Dickinson, the typical cost of a solar system is 2.95 per watt. Because a 4.6-kW system is needed to cover the energy needs of a typical home in Dickinson, the average price of going solar will be about $9,582 after claiming the federal solar tax credit of 30%.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The true cost of making the switch to solar can vary depending on a few factors, such as how many panels you need, your energy consumption and what installation company you go with. For most homeowners, the upfront cost of solar is worth paying. On average Dickinson homeowners see about $12,000 in savings on utility bills over 20 years.
You can click the button below to get connected with a top solar installer in Dickinson that can help you get a more accurate cost estimate for your home.
Solar savings over time in Dickinson
| Year | Return on Investment |
|---|---|
| 1 years | $-8,757 |
| 3 years | $-7,106 |
| 5 years | $-5,454 |
| 7 years | $-3,802 |
| 9 years | $-2,150 |
| 11 years | $-498 |
| 13 years | $1,154 |
| 15 years | $2,805 |
| 17 years | $4,457 |
| 19 years | $6,109 |
| 21 years | $7,761 |
| 23 years | $9,413 |
| 25 years | $11,065 |
Top Solar Installers in Dickinson
Trying to install solar panels yourself can be a challenging undertaking, which is why hiring a solar installer is a good option for many homeowners. Local solar installation companies can also help you optimize your return on investment by assisting with any local incentives you can benefit from and by offering warranties and repairs.
Working with a vetted solar installer can help you make the most of your investment in solar. Here are our recommendations:
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 Dickinson
Factors that Affect Solar Panel Costs in Dickinson
While the average cost of a solar system in Dickinson is $9,582, your actual cost may differ. There are several factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power generation use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,950. The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for 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 in the long run on your energy bills. Additionally, extra products, such as solar batteries, can bring your total well above the Dickinson average.
Solar Financing Terms
Many homeowners find the average cost of solar in Dickinson to be too expensive, even if the investment pays off over time. Thankfully, nearly every solar installer in the area provides financing options. Solar loans greatly decrease upfront costs in most cases, but they also result in paying more over time due to interest. You'll have to consider the long-term cost of loans, including the total interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
The solar panel installer you pick will affect your total cost to go solar. Different companies will charge different amounts for the equipment and labor. Additionally, some companies in Dickinson are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $6,249 | 16.8 years |
| 8 kW | $3.01 | $16,850 | $8,662 | 16.5 years |
| 10 kW | $2.95 | $20,650 | $11,241 | 16.2 years |
| 12 kW | $2.89 | $24,284 | $13,984 | 15.9 years |
| 14 kW | $2.83 | $27,754 | $16,893 | 15.5 years |
| 16 kW | $2.77 | $31,058 | $19,967 | 15.2 years |
| 18 kW | $2.71 | $34,196 | $23,207 | 14.9 years |
| 20 kW | $2.66 | $37,170 | $26,611 | 14.6 years |
How to Save on Solar Panels
The solar panel company you opt for will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should consider, such as:
- Warranty: If you care about the longevity of your solar system, making sure your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years most likely offer good-quality solar panel installation and expertise.
- Contract: It's important to look over your solar installer's contract fully to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you go with.
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 Dickinson, NY Solar Cost FAQs
What is the average cost of installing solar panels in Dickinson?
The average cost of solar panels in Dickinson 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 kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Dickinson?
You can't get solar panels for free in Dickinson. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.
Can you sell solar power back to the grid in Dickinson?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future power bills.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average house 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.