Solar Panel Cost Guide in Hudson, NY (Jan 2023)

  • Hudson Solar Installation Cost: $9,169
  • 25-Year Savings: $8,501
  • Payback Period: 13.0 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 Hudson

Find out what the average cost of solar panels are in Hudson.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Hudson, the typical cost of solar panels is $3 per watt. The average solar panel system size in Hudson is around 4.4 kilowatts, meaning a cost of about $9,169 for a solar installation, or $6,785 after the 30% federal solar tax credit is applied.

The prices above are just estimates to give you an idea of the cost of a solar panel system. The true cost of installing solar panels can vary quite a bit based on several factors, such as how many panels you need, your energy consumption and what company you go with. Even with the significant upfront cost, the average Hudson homeowner can save about $15,000 on their energy bills over 20 years, which is one of the advantages of solar.

To receive a free estimate from a highly rated solar company in Hudson, you can click the button below.

Solar savings over time in Hudson

Year Return on Investment
1 years $-8,462
3 years $-7,048
5 years $-5,635
7 years $-4,221
9 years $-2,808
11 years $-1,394
13 years $19
15 years $1,433
17 years $2,846
19 years $4,260
21 years $5,674
23 years $7,087
25 years $8,501

Top Solar Installers in Hudson

When going solar, many homeowners opt to use a solar installation company since installing a solar system yourself can be a difficult project. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long term because of their warranties, repair services and expert design.

There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:

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 Hudson

Factors that Affect Solar Panel Costs in Hudson

Though the average cost of a solar system in Hudson is $9,169, your final cost may be higher or lower than that. There are several 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

When it comes to estimating the cost of a solar energy system in Hudson, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy usage, which you can gauge by looking at past power bills. Your overall cost can increase by around $2,950 for each additional kilowatt you need. The type of solar panels and equipment you get is another factor that will greatly impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Plus, 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 looking into a solar system that's in your budget.

Solar Financing Terms

If paying for solar panels in cash is difficult, solar loans are an affordable option because they cut back your upfront costs and let you pay for your system over five to seven years on average. Though solar loans make going solar more accessible for Hudson homeowners, they can also increase 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

A final consideration when trying to evaluate the cost of solar for your home or business in Hudson is the company you get to install your solar panel system. Similar to choosing a company to build a deck or pool, for example, you'll have many options for solar installers that offer a range of services at different costs. The size of the company can sometimes play the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices because of greater 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 discount can bring their pricing down 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 $10,992 13.5 years
8 kW $3.01 $16,850 $14,986 13.2 years
10 kW $2.95 $20,650 $19,145 13.0 years
12 kW $2.89 $24,284 $23,470 12.7 years
14 kW $2.83 $27,754 $27,960 12.5 years
16 kW $2.77 $31,058 $32,615 12.2 years
18 kW $2.71 $34,196 $37,435 11.9 years
20 kW $2.66 $37,170 $42,421 11.7 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. Because choosing a company can be difficult, we have some tips to help you, such as:

  • Installation Process: When making the switch to solar power, it's crucial to maintain an open line of communication with your solar company. Make sure you understand how the installation process will go and the project timeline.
  • Contract: It's important to read through 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.
  • Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you hire.
  • Warranty: Warranties that cover panel repairs and maintenance over around 25 years are the best you can get in the business, and offering such a warranty is one mark of a good company.

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 Hudson, NY Solar Cost FAQs

How much does it cost to install solar panels in Hudson?

The average cost of solar panels in Hudson 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 things like the type of solar panels you want, what size system you need and how much energy you consume.

Is it better to lease or buy solar panels in Hudson?

Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your home value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.

Is switching to solar power worth it?

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 long do solar panels last in Hudson?

On average, the lifespan of solar panels is 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 higher level 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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