Solar Panel Cost Guide in Eaton, NY (2024 Update)
- Eaton Solar Installation Cost: $11,795
- 25-Year Savings: $5,779
- Payback Period: 19.3 Years
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Average Cost of Solar Panels in Eaton
Let’s take a look at the average cost of solar in Eaton.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Eaton, the typical cost of solar panels is 4 per watt.To cover the typical energy usage of the average home in Eaton, most homeowners require a 4.6-kilowatt system. Using the figure above, a solar installation costs around $11,795, or $16,867 before the federal solar tax credit of 0 is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may look quite different based on your household energy use, the type of solar system you want to get, your solar contractor and more.For most homeowners, the upfront cost of solar is worth paying. On average homeowners in Eaton see about $13,000 in savings on electricity bills over 20 years.
For a personalized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Eaton
| Year | Return on Investment |
|---|---|
| 1 years | $-10,969 |
| 3 years | $-9,317 |
| 5 years | $-7,666 |
| 7 years | $-6,014 |
| 9 years | $-4,362 |
| 11 years | $-2,710 |
| 13 years | $-1,058 |
| 15 years | $594 |
| 17 years | $2,246 |
| 19 years | $3,897 |
| 21 years | $5,549 |
| 23 years | $7,201 |
| 25 years | $8,853 |
Top Solar Installers in Eaton
DIY solar panel installation is a way to cut costs, but it's an undertaking that can use up a lot of your time and energy. Taking advantage of a solar company can make your switch to solar power much easier. Another advantage of going with a solar company is that they can help you make the most of your ROI by cutting back on future costs of repairs and replacements with the help of warranties and helping you learn about local incentives you can take advantage of.
You can work with a local solar installer to get a free quote on the cost of solar panels for your home. Here are some near you:
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Eaton
Factors that Affect Solar Panel Costs in Eaton
Cost is usually one of the most important factors for homeowners who are considering investing in solar. There are a few major factors that will push your cost above or below the average in Eaton: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power production use 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.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Eaton, where sunlight isn’t as abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries 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 Eaton homeowners decide to finance their solar panel systems to make paying for solar more affordable.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
Finally, the company you get to install your solar panels can influence the cost. Eaton’s solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and find a company that provides the products, warranties and services you want and also fit into your budget.
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 | $3,957 | 20.0 years |
| 8 kW | $3.72 | $20,849 | $5,685 | 19.6 years |
| 10 kW | $3.65 | $25,550 | $7,617 | 19.3 years |
| 12 kW | $3.58 | $30,047 | $9,754 | 18.9 years |
| 14 kW | $3.50 | $34,339 | $12,095 | 18.5 years |
| 16 kW | $3.43 | $38,427 | $14,640 | 18.1 years |
| 18 kW | $3.36 | $42,311 | $17,390 | 17.7 years |
| 20 kW | $3.29 | $45,990 | $20,344 | 17.3 years |
How to Save on Solar Panels
Since the model of solar panels and the installer you choose has an impact on your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the project timeline.
- Solar Panel Brands: Different companies will have various brands and models of panels. If you want a specific brand, make sure the solar installer you’re considering has it.
- Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Eaton, NY Solar Cost FAQs
How much does it cost to install solar panels in Eaton?
The average cost of solar panels in Eaton 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 stuff such as the type of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Eaton?
A solar panel system isn’t free in Eaton, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Is it worth going solar in Eaton?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption and the average daily 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 buy 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.