Solar Panel Cost Guide in Henrietta, NY (2023 Update)
- Henrietta Solar Installation Cost: $8,611
- 25-Year Savings: $8,315
- Payback Period: 12.7 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Henrietta
Let's have a look at the average cost of solar panels in Henrietta.
The national average cost of solar panels is $2.66 per watt, but in Henrietta it's 2.95 per watt. Using this figure, a typical 4.2-kW system would cost about $8,611 before the 30% federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you'll end up paying for solar may look quite different based on your household energy consumption, the type of equipment you want to get, your solar contractor and more. With average savings of about $15,000 on utility bills over 20 years, many homeowners in Henrietta find installing solar panels can pay off big.
For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Henrietta
Year | Return on Investment |
---|---|
1 years | $-7,934 |
3 years | $-6,580 |
5 years | $-5,226 |
7 years | $-3,872 |
9 years | $-2,518 |
11 years | $-1,163 |
13 years | $191 |
15 years | $1,545 |
17 years | $2,899 |
19 years | $4,253 |
21 years | $5,607 |
23 years | $6,961 |
25 years | $8,315 |
Top Solar Installers in Henrietta
When making the switch to solar, many homeowners choose to use a solar company since putting up solar panels yourself can be a challenging project. Another perk of using a solar installer is that they can help you make the most of your return of investment by lowering your future costs of repairs and replacements because of warranties and giving you information on local incentives you can take advantage of.
Working with a professional solar installer can help your solar project go smoothly. Here are our recommendations:
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 Henrietta
Factors that Affect Solar Panel Costs in Henrietta
While the average cost of a solar system in Henrietta is $8,611, your actual cost may be above or below the average. There are quite a few factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to consider.
Solar Equipment
The size of the solar panel system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $2,950. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Henrietta, where sunlight is relatively 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 more impactful. 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 time, but they can also be a big investment. That's why many Henrietta homeowners choose to finance their solar panel systems to make going solar more affordable. It's a good idea to include the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
Finally, the company you hire to install your solar system can impact how much you pay. Henrietta'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. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have 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 lower 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 | $11,473 | 13.2 years |
8 kW | $3.01 | $16,850 | $15,627 | 13.0 years |
10 kW | $2.95 | $20,650 | $19,947 | 12.7 years |
12 kW | $2.89 | $24,284 | $24,432 | 12.5 years |
14 kW | $2.83 | $27,754 | $29,082 | 12.2 years |
16 kW | $2.77 | $31,058 | $33,897 | 12.0 years |
18 kW | $2.71 | $34,196 | $38,878 | 11.7 years |
20 kW | $2.66 | $37,170 | $44,024 | 11.4 years |
How to Save on Solar Panels
The solar panel company you opt for will be a major factor in determining not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should take into account, including:
- Contract: It's important to read through your solar installer's contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- Solar Panel Brands: Different companies carry different brands and models of panels. If you know you want a specific brand, make sure the solar panel company you're considering has it.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years in most cases provide quality solar panel installation and expertise.
- Warranty: Warranties that cover defective panels and repairs over around 25 years are the gold standard in the business, and offering such a warranty is one indication of a quality 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 Henrietta, NY Solar Cost FAQs
How much does it cost to install solar panels in Henrietta?
The average cost of solar panels in Henrietta 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 stuff like the model of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Henrietta?
Solar panels aren't free in Henrietta, 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 further reduce the cost.
Does Henrietta have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future power bills.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the amount of sunlight your roof gets. You can 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.