Solar Panel Cost Guide in Firthcliffe, NY (2023 Update)
- Firthcliffe Solar Installation Cost: $8,941
- 25-Year Savings: $15,099
- Payback Period: 9.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Firthcliffe
We go over average solar pricing in Firthcliffe.
The average cost of solar panels in Firthcliffe is 2.95 per watt. The average Firthcliffe homeowner needs a 4.3-kilowatt system, which would cost about $8,941 with the federal tax credit, or $12,786 before the 30% tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Firthcliffe homeowners. 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. Many homeowners find adopting solar power is a rewarding investment. The average homeowner in Firthcliffe can save around $21,000 on their electricity bills over 20 years.
To get a free quote from a top solar installation company in Firthcliffe, you can click the button below.
Solar savings over time in Firthcliffe
| Year | Return on Investment |
|---|---|
| 1 years | $-7,980 |
| 3 years | $-6,057 |
| 5 years | $-4,133 |
| 7 years | $-2,210 |
| 9 years | $-287 |
| 11 years | $1,636 |
| 13 years | $3,559 |
| 15 years | $5,483 |
| 17 years | $7,406 |
| 19 years | $9,329 |
| 21 years | $11,252 |
| 23 years | $13,175 |
| 25 years | $15,099 |
Top Solar Installers in Firthcliffe
Although it's possible to install solar panels by yourself, it requires extra energy and handiness. For that reason, almost all homeowners choose to go with a solar panel installer. Also, companies with a good reputation that cost more upfront could actually save you money in the long run due to their warranties, repair services and expert design.
You can get a free estimate from a local solar installer on how much solar panels could cost 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
See all of the solar companies in Firthcliffe
Factors that Affect Solar Panel Costs in Firthcliffe
The cost of installing a solar system in Firthcliffe can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power production require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,950. There are many different solar panel brands and the one you choose also changes the cost. Typically, the brands that are more efficient tend to also be more expensive. In addition, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Firthcliffe have solar loans, which reduce the initial cost of installing solar panels. Even though solar loans make adopting solar energy more accessible for Firthcliffe homeowners, they can also add to the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Firthcliffe is the company you choose to install your solar panel system. As with choosing a company to build a deck or pool, for example, you'll have many options for solar installers that offer a range of services at different price points. The size of the company can sometimes play the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due 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 promotion can bring their pricing down to compete with bigger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.07 | $12,886 | $20,443 | 9.7 years |
| 8 kW | $3.01 | $16,850 | $27,588 | 9.5 years |
| 10 kW | $2.95 | $20,650 | $34,898 | 9.3 years |
| 12 kW | $2.89 | $24,284 | $42,373 | 9.1 years |
| 14 kW | $2.83 | $27,754 | $50,013 | 8.9 years |
| 16 kW | $2.77 | $31,058 | $57,819 | 8.7 years |
| 18 kW | $2.71 | $34,196 | $65,789 | 8.6 years |
| 20 kW | $2.66 | $37,170 | $73,925 | 8.4 years |
How to Save on Solar Panels
Since the kind 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 tips to keep in mind to help with your decision:
- Installation Process: When making the switch to solar, it's essential to maintain an open line of communication with your solar panel installer. See to it that you understand how the installation process will go and the project completion timeline.
- Warranty: A comprehensive, 25-year warranty can help keep your solar system running smoothly and save you money on part replacement and repairs.
- Solar Panel Brands: Different companies will offer various brands and kinds of panels. If you want a specific brand, make sure the solar installer you're considering has it.
- Contract: Although reading through a contract can take a lot of time, it's important to do it carefully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
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 Firthcliffe, NY Solar Cost FAQs
What is the average cost of installing solar panels in Firthcliffe?
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 additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Should I lease or buy solar panels in Firthcliffe?
Leasing solar panels can be an attractive choice, because it commonly 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 option if you want to maximize your savings.
Is it worth going solar in Firthcliffe?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates 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 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 install 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.