Solar Panel Cost Guide in East Rochester, NY (2024 Update)
- East Rochester Solar Installation Cost: $10,653
- 25-Year Savings: $8,676
- Payback Period: 15.4 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in East Rochester
We go over average solar pricing in East Rochester.
The average cost of solar panels in East Rochester is 4 per watt.Using this figure, a typical 4.2-kW system would cost about $10,653 before the 0 federal solar tax credit is applied.
These figures are only averages, and how much solar costs for you may vary based on your specific situation and what company you go with.But, after you've paid the initial cost of installation, the savings for most homeowners is quite good, with a net average savings of about $16,000 over 20 years on electricity bills.
You can click the button below to get connected with a vetted solar installer in East Rochester for a quote for your home.
Solar savings over time in East Rochester
| Year | Return on Investment |
|---|---|
| 1 years | $-9,746 |
| 3 years | $-7,934 |
| 5 years | $-6,122 |
| 7 years | $-4,309 |
| 9 years | $-2,497 |
| 11 years | $-684 |
| 13 years | $1,128 |
| 15 years | $2,941 |
| 17 years | $4,753 |
| 19 years | $6,566 |
| 21 years | $8,378 |
| 23 years | $10,190 |
| 25 years | $12,003 |
Top Solar Installers in East Rochester
Although you can install solar panels yourself, it requires extra time and knowledge. That's one of the reasons most people choose a solar panel installer. The expertise that solar installers offer can be useful as well, especially if you don’t quite know what kind of solar equipment would be right for your home.
There are various licensed solar professionals that can help you install your solar panels. 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 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 Rochester
Factors that Affect Solar Panel Costs in East Rochester
For many East Rochester homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in East Rochester, 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 cost of solar panels varies by thousands of dollars due to a variety of factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power generation require 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 $3,650.The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your energy bills. In addition, add-on products, such as solar batteries, can bump up your total well above the East Rochester average.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That’s why many East Rochester homeowners decide to finance their solar panel systems to make going solar more affordable.It’s a good idea to include the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in East Rochester is the company you choose to install your solar panel system. Similar to choosing a company to build a deck or pool, for instance, there’s no shortage of solar installers that provide a range of services for different budgets.You may come across national solar installers that have lower prices because of their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $8,933 | 16.0 years |
| 8 kW | $3.72 | $20,849 | $12,319 | 15.7 years |
| 10 kW | $3.65 | $25,550 | $15,910 | 15.4 years |
| 12 kW | $3.58 | $30,047 | $19,705 | 15.1 years |
| 14 kW | $3.50 | $34,339 | $23,704 | 14.8 years |
| 16 kW | $3.43 | $38,427 | $27,908 | 14.5 years |
| 18 kW | $3.36 | $42,311 | $32,317 | 14.2 years |
| 20 kW | $3.29 | $45,990 | $36,929 | 13.9 years |
How to Save on Solar Panels
The solar installer you choose will affect 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 a few important things you should take into account, such as:
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years likely provide quality solar panel installation and expertise.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running smoothly and save you money on repairs and maintenance.
- Contract: When looking over your solar company’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios like a system part breaking or the company going out of business.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
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 Rochester, NY Solar Cost FAQs
How much does it cost to install solar panels in East Rochester?
This is a difficult question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $18,250 for a 5-kW system and $36,500 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or higher quality panels, or if you have above-average energy consumption. On the other hand, 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 Rochester?
Leasing solar panels can be an option if you can’t afford to pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Do solar panels increase your property value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in East Rochester is currently $187,228, so you can look forward to a value of about $7,676 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in East Rochester is a fruitful investment.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to cover their typical energy usage.
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.