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

  • Hurley Solar Installation Cost: $9,002
  • 25-Year Savings: $12,999
  • Payback Period: 10.2 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 Hurley

We go over average solar pricing in Hurley.

The average cost of a solar system in Hurley is 2.95 per watt. To account for the typical energy needs of the average home in Hurley, most homeowners require a 4.4-kilowatt system. Using the per-watt figure above, a solar installation costs around $9,003, or $12,874 before the federal solar tax credit of 30% is applied.

The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of going solar can vary based on several factors, such as what size system you need, your energy usage and what installation company you go with. But, after you've paid the upfront cost of installation, the payback for most homeowners is usually rewarding, with a net average savings of about $19,000 over 20 years on utility bills.

To receive a free quote from a vetted solar company in Hurley, you can click the button below.

Solar savings over time in Hurley

Year Return on Investment
1 years $-8,928
3 years $-8,782
5 years $-8,635
7 years $-8,488
9 years $-8,341
11 years $-8,195
13 years $-8,048
15 years $-7,901
17 years $-7,755
19 years $-7,608
21 years $-7,461
23 years $-7,315
25 years $-7,168

Top Solar Installers in Hurley

When going solar, many homeowners opt to go with a solar company since installing a solar system yourself can be a challenging project. Local solar installation companies can also help you optimize your return on investment by assisting with any local incentives and by providing warranties and repairs.

Working with a professional solar installer can help you make the most of your investment in solar. 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 Hurley

Factors that Affect Solar Panel Costs in Hurley

While the average cost of a solar system in Hurley is $9,003, your final cost may be higher or lower than that. There are several factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more crucial things to consider.

Solar Equipment

Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. Because of that, it's important to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use. There are a lot of different solar panel brands and the one you pick also affects the cost. Usually, the brands that are more efficient tend to also cost more. In addition, the type of equipment you're looking to install 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

For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are provided by most installers in Hurley, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible. Although solar loans make adopting solar energy more accessible for Hurley homeowners, they can also raise the total you pay for your system due to interest. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.

Solar Panel Installation Company

The solar installer you choose to handle your switch to green energy can play a part in your total costs. There are about 3 solar panel companies operating throughout Hurley, and each can charge different amounts for labor and equipment. Larger national companies generally have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle charger installation, they might be cheaper overall.

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 $17,396 10.6 years
8 kW $3.01 $16,850 $23,526 10.4 years
10 kW $2.95 $20,650 $29,820 10.2 years
12 kW $2.89 $24,284 $36,280 10.0 years
14 kW $2.83 $27,754 $42,905 9.8 years
16 kW $2.77 $31,058 $49,695 9.6 years
18 kW $2.71 $34,196 $56,650 9.4 years
20 kW $2.66 $37,170 $63,770 9.2 years

How to Save on Solar Panels

Since the type of solar panels and the company you choose significantly impacts your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:

  • Solar Panel Brands: The model of solar panel you need plays a part in which company you should go with, since different companies provide different panels.
  • Reputation: Solar companies that have great reviews from their customers and that have been operating for many years most likely provide high-quality solar panel installation and expertise.
  • Contract: Before signing a contract with a solar installer, be sure to read it through carefully so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what the warranty covers and what services you can expect from them.
  • Warranty: Warranties that provide coverage for panel repairs and maintenance over around 25 years are the best you can get in the business, and offering that kind of warranty is one sign 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 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 Hurley, NY Solar Cost FAQs

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

The average cost of solar panels in Hurley 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 certain factors such as the model of solar panels you want, what size system you need and how much energy you consume.

Should I lease or buy solar panels in Hurley?

Leasing solar panels can be an appealing choice, because it typically comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better option if you want to maximize your savings.

Is it worth going solar in Hurley?

Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and how much direct sunlight your roof gets.

How often do you have to replace solar panels?

On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down 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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