Solar Panel Cost Guide in Hastings, NY (Feb 2023)

  • Hastings Solar Installation Cost: $9,458
  • 25-Year Savings: $6,749
  • Payback Period: 14.6 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 20, 2023

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Hastings

We go over average solar pricing in Hastings.

The national average cost of solar panels is $2.66 per watt, but in Hastings it's $3 per watt. To account for the typical energy needs of the average home in Hastings, most homeowners require a 4.6-kilowatt system. Using the figure above, a solar installation costs about $9,458, or $6,999 after the federal solar tax credit of 30% is applied.

These figures are just estimates, and the cost of going solar for you will most likely differ based on your specific situation and what company you go with. Many homeowners find going solar is a rewarding investment. The average homeowner in Hastings can save around $13,000 on their power bills over 20 years.

To get a free estimate from a top solar installation company in Hastings, you can click the button below.

Solar savings over time in Hastings

Year Return on Investment
1 years $-8,809
3 years $-7,513
5 years $-6,216
7 years $-4,920
9 years $-3,623
11 years $-2,327
13 years $-1,030
15 years $266
17 years $1,563
19 years $2,860
21 years $4,156
23 years $5,453
25 years $6,749

Top Solar Installers in Hastings

Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Taking advantage of an installer can make switching to solar power much easier. Plus, if you aren't sure what kind of solar panels and equipment you want, a solar company can help you figure that out after a site survey and consultation.

You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some in Hastings:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 Hastings

Factors that Affect Solar Panel Costs in Hastings

Though the average cost of a solar system in Hastings is $9,458, your final cost may be above or below the average. There are many factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more crucial things to consider.

Solar Equipment

One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to spend about $2,950 per kilowatt in Hastings. The brand and type of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a trusted 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 more savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.

Solar Financing Terms

Most solar installers in Hastings offer solar loans, which reduce your upfront costs of installing solar panels. Although solar loans make switching to solar energy more accessible for Hastings homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

The final major cost factor you should keep in mind is the installer you choose. Given the growing popularity of sustainable energy solutions in Hastings, you'll have a great number of options to choose from, but each comes at varying price points for labor and equipment. Additionally, some companies in Hastings know more about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.

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 $8,339 15.2 years
8 kW $3.01 $16,850 $11,449 14.9 years
10 kW $2.95 $20,650 $14,724 14.6 years
12 kW $2.89 $24,284 $18,164 14.3 years
14 kW $2.83 $27,754 $21,770 14.0 years
16 kW $2.77 $31,058 $25,541 13.7 years
18 kW $2.71 $34,196 $29,477 13.4 years
20 kW $2.66 $37,170 $33,578 13.1 years

How to Save on Solar Panels

The solar panel company you choose will impact not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should keep in mind, such as:

  • Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you opt for.
  • Warranty: Companies typically offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
  • Installation Process: Get detailed information from your solar company about the installation process and what to expect, including when the site survey will be done and what the project timeline is.
  • Contract: It's important to look over your solar installer's contract well to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system's energy production.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 Hastings, NY Solar Cost FAQs

What is the average cost of installing solar panels in Hastings?

This is a tough question to answer precisely, 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 higher quality panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you want a smaller solar panel system or less expensive solar panels.

Are solar panels free in Hastings?

Solar panels aren't free in Hastings, but there are some options that can make getting them more feasible, 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 you sell solar power back to the grid in Hastings?

The majority of states offer net metering programs of some kind. Through these, you can either get paid for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.

How often do you have to replace solar panels?

On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.

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.

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