Solar Panel Cost Guide in East Aurora, NY (2024 Update)
- East Aurora Solar Installation Cost: $11,696
- 25-Year Savings: $5,347
- Payback Period: 19.8 Years
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Average Cost of Solar Panels in East Aurora
We break down average solar pricing in East Aurora.
Currently, the national average cost of solar panels is $2.66 per watt. However, in East Aurora, the typical cost of a solar system is 4 per watt.The average East Aurora homeowner needs a 4.6-kilowatt system, which would cost about $11,696 with the federal tax credit, or $16,725 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The actual cost of making the switch to solar can vary quite a bit based on a few factors, such as what size system you need, your energy consumption and what installation company you go with.But, after you've paid the initial cost of installation, the ROI for most homeowners is quite rewarding, with a net average savings of about $12,000 over 20 years on power bills.
You can click the button below to get connected with a pre-vetted solar company in East Aurora for a quote for your home.
Solar savings over time in East Aurora
Year | Return on Investment |
---|---|
1 years | $-10,870 |
3 years | $-9,218 |
5 years | $-7,566 |
7 years | $-5,914 |
9 years | $-4,263 |
11 years | $-2,611 |
13 years | $-959 |
15 years | $693 |
17 years | $2,345 |
19 years | $3,997 |
21 years | $5,648 |
23 years | $7,300 |
25 years | $8,952 |
Top Solar Installers in East Aurora
Although you can install solar panels on your own, it requires extra effort and know-how. That's one of the reasons almost all homeowners choose to hire a solar panel installer. The expertise that solar companies provide can be valuable as well, especially if you don’t quite know what type of solar equipment you need.
There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in East Aurora
Factors that Affect Solar Panel Costs in East Aurora
There are a number of factors that can play into your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
The size of the solar system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $3,650. The brand and type of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a big investment. That’s why many East Aurora homeowners opt 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 go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar company you choose will play a role in your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor.Larger national companies generally have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
Solar Panel Cost Data by System Size
System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
---|---|---|---|---|
6 kW | $3.80 | $15,943 | $3,455 | 20.5 years |
8 kW | $3.72 | $20,849 | $5,016 | 20.2 years |
10 kW | $3.65 | $25,550 | $6,781 | 19.8 years |
12 kW | $3.58 | $30,047 | $8,750 | 19.4 years |
14 kW | $3.50 | $34,339 | $10,924 | 19.0 years |
16 kW | $3.43 | $38,427 | $13,302 | 18.6 years |
18 kW | $3.36 | $42,311 | $15,884 | 18.2 years |
20 kW | $3.29 | $45,990 | $18,671 | 17.8 years |
How to Save on Solar Panels
There are many companies available in East Aurora, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years in most cases provide good-quality solar panel installation and expertise.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. Even though there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to peruse their list of offerings before deciding.
- Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Before you sign a contract with a solar company, make sure you read it through completely so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's East Aurora, NY Solar Cost FAQs
How much does it cost to install solar panels in East Aurora?
The average cost of solar panels in East Aurora is about $18,250 for a 5-kW system and $36,500 for a 10-kW system before the ITC, but the actual cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider in addition to cost when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in East Aurora?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually 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.