Solar Panel Cost Guide in Hornellsville, NY (2025 Update)
- Hornellsville Solar Installation Cost: $11,783
- 25-Year Savings: $6,827
- Payback Period: 18.0 Years
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Average Cost of Solar Panels in Hornellsville
Let’s have a look at the average cost of solar in Hornellsville.
The national average cost of solar panels is $2.66 per watt, but in Hornellsville it’s 4 per watt.The average solar panel system size in Hornellsville is around 4.6 kilowatts, meaning a cost of about $11,783 for a solar installation, or $16,850 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The exact cost of going solar can vary quite a bit depending on a few factors, such as what size system you need, your energy consumption and what company you go with.With average savings of about $13,000 on energy bills over 20 years, many homeowners in Hornellsville find going solar can pay off big.
To see your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Hornellsville
Year | Return on Investment |
---|---|
1 years | $-10,957 |
3 years | $-9,305 |
5 years | $-7,653 |
7 years | $-6,001 |
9 years | $-4,349 |
11 years | $-2,698 |
13 years | $-1,046 |
15 years | $606 |
17 years | $2,258 |
19 years | $3,910 |
21 years | $5,562 |
23 years | $7,214 |
25 years | $8,865 |
Top Solar Installers in Hornellsville
Trying to install solar panels by yourself can be a time-consuming undertaking, which is why hiring a solar installation company is a good option for many homeowners. Local solar companies can also help you maximize your return on investment by assisting with any local incentives and by providing warranties and repairs.
If you're searching for a solar company in Hornellsville, the EcoWatch team has organized a list of our top suggestions here:
See all of the solar companies in Hornellsville
Factors that Affect Solar Panel Costs in Hornellsville
Cost is typically one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that affect your total cost in Hornellsville: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
When it comes to estimating the price of a solar energy system in Hornellsville, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy usage, which you can gauge by looking at past power bills. Your overall cost can increase by about $3,650 for each additional kilowatt you need.The model of solar panels and equipment you choose is another factor that will significantly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more expensive. Further, solar equipment goes beyond just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are provided by most installers in Hornellsville, which can lower, or in some cases completely eliminate, your upfront costs to make solar more accessible.It’s a good idea to factor 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 how long it’ll take to pay off the loan.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panels can influence the cost. Hornellsville’s solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and find a company that provides the products, warranties and services you want and also fit into your budget.
Solar Panel Cost Data by System Size
System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
---|---|---|---|---|
6 kW | $3.80 | $15,943 | $5,329 | 18.7 years |
8 kW | $3.72 | $20,849 | $7,513 | 18.4 years |
10 kW | $3.65 | $25,550 | $9,903 | 18.0 years |
12 kW | $3.58 | $30,047 | $12,497 | 17.7 years |
14 kW | $3.50 | $34,339 | $15,295 | 17.3 years |
16 kW | $3.43 | $38,427 | $18,297 | 16.9 years |
18 kW | $3.36 | $42,311 | $21,504 | 16.6 years |
20 kW | $3.29 | $45,990 | $24,916 | 16.2 years |
How to Save on Solar Panels
The solar panel company you go with will be a major factor in determining not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should consider, including:
- Warranty: Companies typically offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Contract: It’s important to look over your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
- Installation Process: When making the switch to solar energy, it’s crucial to maintain an open line of communication with your solar panel company. Make sure you understand how the installation process will go and the project timeline.
- Solar Panel Brands: Different companies will have various brands and types of panels. If you prefer a specific brand, make sure the solar installer you’re considering has it.
EcoWatch's Hornellsville, NY Solar Cost FAQs
How much does it cost to install solar panels in Hornellsville?
This is a hard question to answer precisely, because the cost depends on a variety of factors. Generally speaking, it costs about $18,250 for a 5-kW system and $36,500 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Are solar panels free in Hornellsville?
A solar panel system isn’t free in Hornellsville, 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.
Is it worth going solar in Hornellsville?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home uses 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 house 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.