Solar Panel Cost Guide in Dryden, NY (Mar 2023)
- Dryden Solar Installation Cost: $9,623
- 25-Year Savings: $5,689
- Payback Period: 15.7 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Dryden
We go over average solar pricing in Dryden.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Dryden, the average cost of solar panels is 2.95 per watt. The average Dryden homeowner needs a 4.7-kilowatt system, which would cost about $9,623 with the federal tax credit, or $13,761 before the 30% tax credit is applied.
Remember that the numbers above are only averages. The price you'll end up paying for solar will differ based on your household energy use, the type of solar system you choose, your solar contractor and more. For many homeowners, the upfront cost of solar power is worth paying. On average Dryden homeowners see about $12,000 in savings on electricity bills over 20 years.
You can click the button below to get connected with a top solar installer in Dryden for a quote for your home.
Solar savings over time in Dryden
| Year | Return on Investment |
|---|---|
| 1 years | $-9,010 |
| 3 years | $-7,785 |
| 5 years | $-6,561 |
| 7 years | $-5,336 |
| 9 years | $-4,111 |
| 11 years | $-2,886 |
| 13 years | $-1,661 |
| 15 years | $-436 |
| 17 years | $789 |
| 19 years | $2,014 |
| 21 years | $3,239 |
| 23 years | $4,464 |
| 25 years | $5,689 |
Top Solar Installers in Dryden
Many homeowners opt for a solar installer since trying to install solar panels by yourself can be a labor-intensive endeavor. Plus, if you're not certain what kind of solar panels and equipment you need, a solar expert can help you find the right equipment for you after a site survey and consultation.
There are several 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
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Dryden
Factors that Affect Solar Panel Costs in Dryden
While the average cost of a solar system in Dryden is $9,623, your actual cost may differ. 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 take into consideration.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar 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 about $2,950 per kilowatt in Dryden. The model of solar panels and equipment you choose is another factor that will substantially influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Furthermore, solar equipment goes beyond just the solar panels themselves. You'll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking for a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a big investment. That's why many Dryden homeowners choose 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 go with a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Dryden is the company you get to install your solar system. As with choosing a company to renovate your kitchen, for example, there are plenty of solar installers that offer a range of services at different price points. The size of the company can sometimes play the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to more 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 promotion can bring their pricing down to compete with bigger names.
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 | $6,830 | 16.3 years |
| 8 kW | $3.01 | $16,850 | $9,437 | 16.0 years |
| 10 kW | $2.95 | $20,650 | $12,210 | 15.7 years |
| 12 kW | $2.89 | $24,284 | $15,147 | 15.4 years |
| 14 kW | $2.83 | $27,754 | $18,250 | 15.1 years |
| 16 kW | $2.77 | $31,058 | $21,518 | 14.8 years |
| 18 kW | $2.71 | $34,196 | $24,951 | 14.5 years |
| 20 kW | $2.66 | $37,170 | $28,549 | 14.1 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Dryden, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
- Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Contract: It's important to look over your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Dryden, NY Solar Cost FAQs
What is the average cost of installing solar panels in Dryden?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $14,750 for a 5-kW system and $29,500 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
What other factors should I consider in addition to cost when buying solar panels?
Cost is a very important factor to consider, but whether it's the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Can solar panels eliminate my energy bills?
Solar panels can potentially eliminate your electricity bills depending on your location 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 $657.19 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 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.