Solar Panel Cost Guide in Fishkill, NY (Mar 2023)
- Fishkill Solar Installation Cost: $8,983
- 25-Year Savings: $11,818
- Payback Period: 10.8 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Fishkill
Find out what the average cost of a solar system is in Fishkill.
In Fishkill, solar panels cost about 2.95 per watt on average. Since a 4.3-kW system is needed to cover the energy usage of a typical home in Fishkill, the average price of going solar will be about $8,983 after claiming the federal solar tax credit of 30%.
How much you pay can be above or below the average in Fishkill depending on several factors, such as the kind of solar panels you choose and the solar contractor you hire. For many homeowners, the upfront cost of solar power is worth paying. On average homeowners in Fishkill see about $18,000 in savings on energy bills over 20 years.
Click the button below to get connected to a top solar panel company in your area for a custom quote.
Solar savings over time in Fishkill
| Year | Return on Investment |
|---|---|
| 1 years | $-8,151 |
| 3 years | $-6,487 |
| 5 years | $-4,823 |
| 7 years | $-3,159 |
| 9 years | $-1,495 |
| 11 years | $169 |
| 13 years | $1,834 |
| 15 years | $3,498 |
| 17 years | $5,162 |
| 19 years | $6,826 |
| 21 years | $8,490 |
| 23 years | $10,154 |
| 25 years | $11,818 |
Top Solar Installers in Fishkill
Putting up solar panels yourself can be a time-consuming task, which is why getting a solar installation company is a good option for many homeowners. Companies can also provide access to a large variety of the best solar panels and help you pick which one will be best for your family.
You can work with a local solar installer to get a free quote on how much your investment in solar 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
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 Fishkill
Factors that Affect Solar Panel Costs in Fishkill
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 Fishkill: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss 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 main factors is the system size, which is measured in kilowatts (kW). Solar power systems with better 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 $2,950. The brand and kind of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
If paying for a solar system in cash is difficult, solar loans are a solid route because they lower your upfront costs and allow you to pay for your system over five to seven years on average. Even though solar loans make switching to solar energy more accessible for Fishkill homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
Lastly, the company you choose to install your solar system can affect how much it costs. Fishkill's solar companies all have different labor costs and add varying upcharges to equipment. The company's size can sometimes play the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to more resources and better 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 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 | $15,796 | 11.2 years |
| 8 kW | $3.01 | $16,850 | $21,392 | 11.0 years |
| 10 kW | $2.95 | $20,650 | $27,153 | 10.8 years |
| 12 kW | $2.89 | $24,284 | $33,080 | 10.6 years |
| 14 kW | $2.83 | $27,754 | $39,171 | 10.4 years |
| 16 kW | $2.77 | $31,058 | $45,428 | 10.2 years |
| 18 kW | $2.71 | $34,196 | $51,850 | 9.9 years |
| 20 kW | $2.66 | $37,170 | $58,437 | 9.7 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be a tough decision, we have some tips to help you, such as:
- Contract: Read the contract terms carefully to make sure you understand the overall cost, project completion timeline incentives and warranties.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
- Reputation: Your solar installer should have a solid reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and efficiency. They will come at different prices as well. The company you choose affects 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 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 Fishkill, NY Solar Cost FAQs
What is the average cost of installing solar panels in Fishkill?
The average cost of solar panels in Fishkill is about $14,750 for a 5-kW system and $29,500 for a 10-kW system before the ITC, but the real cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Fishkill?
Solar panels aren't free in Fishkill, 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 can help lower the cost.
Can solar panels significantly reduce my energy bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $956.07 per year.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you should find out how much energy your home requires 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 household 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.