Solar Panel Cost Guide in Dix, NY (2023 Update)
- Dix Solar Installation Cost: $9,623
- 25-Year Savings: $5,739
- Payback Period: 15.7 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated May 04, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Dix
Let's take a look at the average cost of solar panels in Dix.
While the national average of solar panels is $2.66 per watt, solar panels in Dix typically cost about 2.95. Because a 4.7-kW system is needed to cover the energy usage of a typical home in Dix, the average price of going solar will be about $9,623 after claiming the federal solar tax credit of 30%.
How much you pay can be higher or lower than the average in Dix based on a few factors, such as the brand of solar panels you choose and the solar contractor you hire. Even with the significant upfront cost, the average Dix homeowner can save about $13,000 on their electricity bills over 20 years, which is one of the positives of solar.
Click the button below to get connected to a top solar panel company in your area for a custom quote.
Solar savings over time in Dix
| Year | Return on Investment |
|---|---|
| 1 years | $-9,008 |
| 3 years | $-7,779 |
| 5 years | $-6,550 |
| 7 years | $-5,322 |
| 9 years | $-4,093 |
| 11 years | $-2,864 |
| 13 years | $-1,635 |
| 15 years | $-406 |
| 17 years | $823 |
| 19 years | $2,052 |
| 21 years | $3,281 |
| 23 years | $4,510 |
| 25 years | $5,739 |
Top Solar Installers in Dix
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Using a solar panel installer can make swapping over to solar power much easier. Companies can also offer access to a large variety of the best solar panels and help you choose which one will be best for you.
If you're on the hunt for a solar installer in Dix, the EcoWatch team has 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 Dix
Factors that Affect Solar Panel Costs in Dix
There are several criteria that can play into your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
One of the most important 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 consumes, the larger your system will likely need to be. You can expect to spend around $2,950 per kilowatt in Dix. The type of solar equipment you choose can increase or decrease your cost 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 bump up your total well above the Dix average.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a big investment. That's why many Dix homeowners choose to finance their solar panel systems to make going solar more affordable. When figuring out your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
Finally, the company you get to install your solar panels can impact the cost. Dix's solar companies all have different labor costs and add varying upcharges to equipment. The company's size can sometimes play the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices due to access to greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger 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 | $6,891 | 16.3 years |
| 8 kW | $3.01 | $16,850 | $9,519 | 16.0 years |
| 10 kW | $2.95 | $20,650 | $12,311 | 15.7 years |
| 12 kW | $2.89 | $24,284 | $15,269 | 15.3 years |
| 14 kW | $2.83 | $27,754 | $18,392 | 15.0 years |
| 16 kW | $2.77 | $31,058 | $21,681 | 14.7 years |
| 18 kW | $2.71 | $34,196 | $25,134 | 14.4 years |
| 20 kW | $2.66 | $37,170 | $28,753 | 14.1 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since picking a company can be a tough decision, we have some tips to help you, such as:
- Solar Panel Brands: Different companies will have various brands and types of panels. If you want a specific brand, make sure the solar company you're considering has it.
- Warranty: Warranties that cover defective panels and repairs over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one mark of a good company.
- Contract: Look through the contract terms closely to make sure you understand the cost breakdown, project completion timeline rebates and warranties.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can look into your installer's reputation is by reading reviews.
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 Dix, NY Solar Cost FAQs
What is the average cost of installing solar panels in Dix?
The average cost of solar panels in Dix is about $14,750 for a 5-kW system and $29,500 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Dix?
Solar panels aren't free in Dix, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Is it worth going solar in Dix?
Solar panels can be a beneficial investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already fairly low, solar panels might not be for you.
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 requires 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 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.