Solar Panel Cost Guide in Eaton, NY (Mar 2023)
- Eaton Solar Installation Cost: $9,540
- 25-Year Savings: $5,771
- Payback Period: 15.6 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated March 14, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Eaton
We go over average solar pricing in Eaton.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Eaton, the typical cost of a solar system is 2.95 per watt. The average Eaton homeowner needs a 4.6-kilowatt system, which would cost about $9,540 with the federal tax credit, or $13,642 before the 30% tax credit is applied.
These figures are only averages, and the cost of going solar for you may look different based on your specific situation and what company you want to go with. But, after you've paid the initial cost of installation, the ROI for most homeowners is usually rewarding, with a net average savings of about $13,000 over 20 years on utility bills.
Click the button below to get connected to a highly rated solar panel company in your area for a customized quote.
Solar savings over time in Eaton
| Year | Return on Investment |
|---|---|
| 1 years | $-8,928 |
| 3 years | $-7,703 |
| 5 years | $-6,478 |
| 7 years | $-5,253 |
| 9 years | $-4,028 |
| 11 years | $-2,803 |
| 13 years | $-1,578 |
| 15 years | $-353 |
| 17 years | $872 |
| 19 years | $2,097 |
| 21 years | $3,322 |
| 23 years | $4,547 |
| 25 years | $5,771 |
Top Solar Installers in Eaton
Although you can install solar panels yourself, it requires extra energy and expertise. That's why almost all homeowners choose to hire a solar panel installer. Companies can also have access to a large variety of the best solar panels and help you pick which one will be right for you.
There are several licensed solar professionals that can take care of your solar installation project. 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 Technology
Tesla Energy
- 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 Eaton
Factors that Affect Solar Panel Costs in Eaton
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few primary 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
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That's why it's a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Eaton, where sunlight isn't as abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Eaton to be prohibitively expensive, even if the investment pays off over time. Thankfully, almost every solar company in the area provides financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also lead to paying more over time due to interest. It's a good idea to factor the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
A final factor to keep in mind when trying to evaluate the cost of solar for your home or business in Eaton 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 are plenty of solar installers that offer a range of services for different budgets. The company's size can sometimes play the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.
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 | $7,015 | 16.2 years |
| 8 kW | $3.01 | $16,850 | $9,683 | 15.9 years |
| 10 kW | $2.95 | $20,650 | $12,517 | 15.6 years |
| 12 kW | $2.89 | $24,284 | $15,516 | 15.3 years |
| 14 kW | $2.83 | $27,754 | $18,680 | 14.9 years |
| 16 kW | $2.77 | $31,058 | $22,010 | 14.6 years |
| 18 kW | $2.71 | $34,196 | $25,504 | 14.3 years |
| 20 kW | $2.66 | $37,170 | $29,164 | 14.0 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Installation Process: When going solar, it's essential to maintain an open line of communication with your solar installer. Make sure you understand how the installation process works and the project completion timeline.
- Contract: Review the contract terms carefully to make sure you understand the overall cost, completion timeline rebates and warranties.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose plays a role in which solar panel brands you have access to.
- Warranty: Warranties that cover replacement parts and repairs over around 25 years are the gold standard in the business, and offering that kind of warranty is one mark of a good company.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- 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 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 $14,750 for a 5-kW system and $29,500 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the model of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to consider when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels completely eradicate my energy bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $663.34 per year.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average house 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.