Solar Panel Cost Guide in East Fishkill, NY (Jan 2023)

  • East Fishkill Solar Installation Cost: $8,983
  • 25-Year Savings: $10,318
  • Payback Period: 11.6 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 20, 2023

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in East Fishkill

We break down average solar pricing in East Fishkill.

Currently, the national average cost of solar panels is $2.66 per watt. However, in East Fishkill, the typical cost of solar panels is $3 per watt. Since a 4.3-kW system is needed to cover the energy needs of a typical home in East Fishkill, the average price of going solar will be about $8,983 before claiming the federal solar tax credit of 30%.

Keep in mind that the figures above are only estimates based on the average East Fishkill homeowner. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. Even with the significant upfront cost, the average East Fishkill homeowner can save around $17,000 on their electricity bills over 20 years, which is one of the positives of solar.

To calculate your potential savings and connect with a local solar expert, click the button below.

Solar savings over time in East Fishkill

Year Return on Investment
1 years $-8,211
3 years $-6,667
5 years $-5,123
7 years $-3,579
9 years $-2,035
11 years $-491
13 years $1,053
15 years $2,597
17 years $4,141
19 years $5,685
21 years $7,229
23 years $8,773
25 years $10,318

Top Solar Installers in East Fishkill

When going solar, many homeowners choose to hire a solar installation company since overseeing your solar installation yourself can be a time-consuming project. Companies can also provide access to quality options of the best solar panels and help you choose which one will be best for your home.

You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some nearby:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 East Fishkill

Factors that Affect Solar Panel Costs in East Fishkill

For many East Fishkill homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in East Fishkill, with typical prices between $20,000 to $40,000. There are numerous factors that greatly influence the price you'll pay, which we'll go over below.

Solar Equipment

The size of the solar panel system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $2,950. The brand and type of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, 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 utility bills over many years, but they can also be a big investment. That's why many East Fishkill homeowners opt to finance their solar panel systems to make paying for solar more affordable. Though solar loans make adopting solar energy more accessible for East Fishkill homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

The solar company you choose to handle your switch to green energy can play a part in your total costs. There are about 3 solar panel companies in East Fishkill, and each can charge varying amounts for labor and equipment. Additionally, some companies in East Fishkill have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, 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 $13,728 12.1 years
8 kW $3.01 $16,850 $18,634 11.9 years
10 kW $2.95 $20,650 $23,706 11.6 years
12 kW $2.89 $24,284 $28,943 11.4 years
14 kW $2.83 $27,754 $34,345 11.2 years
16 kW $2.77 $31,058 $39,912 10.9 years
18 kW $2.71 $34,196 $45,644 10.7 years
20 kW $2.66 $37,170 $51,542 10.5 years

How to Save on Solar Panels

There are numerous companies to choose from in East Fishkill, 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: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. While there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so be sure to take a look at their list of offerings before deciding.
  • Contract: Though reading through a contract can be tedious, it's important to do it thoroughly so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
  • Installation Process: Make sure you're aligned with the company with regard to how the installation process will go and what needs to be done before your solar system is installed, such as updating your electrical system or roof.
  • Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 East Fishkill, NY Solar Cost FAQs

What is the average cost of installing solar panels in East Fishkill?

This is a difficult question to answer precisely, because the cost depends on a few different factors. Generally 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 cost more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or less expensive solar panels.

Should I lease or buy solar panels in East Fishkill?

Leasing solar panels can be an appealing choice, because it typically comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better way to go if you want to maximize your savings.

Does East Fishkill have a net metering program?

The majority of states offer net metering programs of some kind. Through these, you can get paid for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.

How long do solar panels last in East Fishkill?

Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is how much energy they produce will have decreased significantly after that point. You can decide to replace them after having them for that long or you can keep using them at a lower efficiency.

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.

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