Solar Panel Cost Guide in Hornell, NY (2023 Update)

  • Hornell Solar Installation Cost: $9,523
  • 25-Year Savings: $6,963
  • Payback Period: 14.4 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated September 15, 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 Hornell

Let's take a look at the average cost of solar in Hornell.

While the national average of solar panels is $2.66 per watt, solar panels in Hornell generally cost around 2.95. To account for the typical energy usage of the average home in Hornell, most homeowners require a 4.6-kilowatt system. Using the per-watt figure above, a solar installation costs around $9,520, or $13,614 before the federal solar tax credit of 30% is applied.

These figures are just estimates, and how much solar costs for you may vary based on your energy needs and what company you want to go with. With typical savings of about $14,000 on electricity bills over 20 years, many homeowners in Hornell find installing solar panels has a decent ROI.

To calculate your potential ROI and connect with a local solar expert, click the button below.

Solar savings over time in Hornell

Year Return on Investment
1 years $-8,697
3 years $-7,045
5 years $-5,393
7 years $-3,742
9 years $-2,090
11 years $-438
13 years $1,214
15 years $2,866
17 years $4,518
19 years $6,170
21 years $7,821
23 years $9,473
25 years $11,125

Top Solar Installers in Hornell

Many homeowners decide to use a solar panel company since trying to install solar panels on your own can be a lot of work. Companies can also provide access to various kinds of the best solar panels and help you choose which one will be right for you.

Working with a professional solar company can help your solar project go smoothly. Here are our recommendations:

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 for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

See all of the solar companies in Hornell

Factors that Affect Solar Panel Costs in Hornell

The cost of installing a solar system in Hornell 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 household needs, and other factors include equipment choices, financing options and the solar installer you choose.

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 uses, the larger your system will likely need to be. You can expect to spend around $2,950 per kilowatt in Hornell. There are many different solar panel brands and the one you pick also changes the cost. Usually, the brands that offer higher efficiency tend to also be more expensive. Additionally, the type of equipment you choose can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

If paying for solar panels in cash is out of reach, solar loans are a popular choice because they cut back your upfront costs and allow you to pay for your system over five to seven years on average. Even though solar loans make adopting solar energy more accessible for Hornell homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

The last key cost factor you should take into consideration is the installer you choose. Given the growing popularity of clean energy solutions in Hornell, you'll have lots of options to choose from, but each comes at various price points for labor and equipment. The size of the company can sometimes play the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion 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 $8,563 15.0 years
8 kW $3.01 $16,850 $11,748 14.7 years
10 kW $2.95 $20,650 $15,098 14.4 years
12 kW $2.89 $24,284 $18,613 14.2 years
14 kW $2.83 $27,754 $22,294 13.9 years
16 kW $2.77 $31,058 $26,140 13.6 years
18 kW $2.71 $34,196 $30,150 13.3 years
20 kW $2.66 $37,170 $34,326 13.0 years

How to Save on Solar Panels

There are a large number of companies to choose from in Hornell, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:

  • Contract: When reading through your solar installer's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
  • Warranty: If you care about the longevity of your solar energy system, checking if your installer offers a 25-year, all-inclusive warranty can help put you at ease.
  • Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the project timeline.
  • Solar Panel Brands: Different companies will offer various brands and types of panels. If you know you want a specific brand, make sure the solar company you're considering has it.

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 for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

EcoWatch's Hornell, NY Solar Cost FAQs

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

The average cost of solar panels in Hornell 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 things such as 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 Hornell?

You can't get solar panels for free in Hornell. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.

How much can I save on power bills after switching to solar?

It is possible to erase your electricity bills with solar panels, but for most homeowners in Hornell, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.

How long do solar panels last in Hornell?

Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can keep using them at a lower efficiency.

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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