Solar Panel Cost Guide in East Rochester, NY (2023 Update)
- East Rochester Solar Installation Cost: $10,653
- 25-Year Savings: $8,676
- Payback Period: 15.4 Years
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Updated October 25, 2023
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Average Cost of Solar Panels in East Rochester
Here's how much it might cost to switch to solar power in East Rochester.
Currently, the national average cost of solar panels is $2.66 per watt. However, in East Rochester, the average cost of a solar system is 2.95 per watt.The average East Rochester homeowner needs a 4.2-kilowatt system, which would cost about $8,611 with the federal tax credit, or $12,314 before the 30% tax credit is applied.
How much you pay can be higher or lower than the average in East Rochester based on a variety of factors, such as the brand of solar panels you choose and the solar contractor you hire.Many homeowners find installing a solar panel system is a fruitful investment. The average homeowner in East Rochester can save around $16,000 on their electricity bills over 20 years.
To see your potential savings and connect with a local solar company, click the button below.
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
When switching to solar energy, many homeowners decide to go with a solar installation company since overseeing your solar installation yourself can be a difficult project. A solar company can also help save you money in the long run by offering warranties, repairs and system component replacements.
Working with a professional solar installer can help your solar project go smoothly. Here are our recommendations:
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 East Rochester
Factors that Affect Solar Panel Costs in East Rochester
The cost of installing a solar system in East Rochester can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. Because of that, it's a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose 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 over time on your power bills. In addition, add-on products, such as solar batteries, can bump up your total well above the East Rochester average.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are available from most installers in East Rochester, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more affordable.However, the interest on solar loans also adds to your overall costs, so it's crucial to take that into consideration as well. You can always lower the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The solar panel installer you pick will impact your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.80 | $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 company you opt for will be a major factor in determining 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 several important things you should keep in mind, including:
- 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 verify your installer's reputation is by reading reviews.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running smoothly and save you money on part replacement and repairs.
- Contract: It's important to read your solar installer's contract closely to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. Although 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 make sure you take a look at their list of options before deciding.
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 East Rochester, NY Solar Cost FAQs
How much does it cost to install solar panels in East Rochester?
This is a tough question to answer exactly, 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. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have above-average energy needs. Conversely, you can spend less if you choose a smaller solar panel system or less efficient 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 take into account are the quality and durability of your solar panels.
How much can I save on power bills after installing solar panels?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in East Rochester, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can take a 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 get between 20 and 35 panels to account for 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.