Solar Panel Cost Guide in Irondequoit, NY (Mar 2023)
- Irondequoit Solar Installation Cost: $8,611
- 25-Year Savings: $8,675
- Payback Period: 12.5 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Irondequoit
Find out what the average cost of a solar system is in Irondequoit.
The average cost of a solar panel system in Irondequoit is 2.95 per watt. The average solar panel system size in Irondequoit is around 4.2 kilowatts, meaning a cost of about $8,611 for a solar installation, or $12,314 before the 30% federal solar tax credit is applied.
These figures are only averages, and your own solar costs will most likely vary based on your energy needs and what company you want to go with. With typical savings of about $16,000 on electricity bills over 20 years, many homeowners in Irondequoit find installing solar panels has a decent ROI.
You can click the button below to get connected with a vetted solar installer in Irondequoit that can help you get a more accurate cost estimate for your home.
Solar savings over time in Irondequoit
| Year | Return on Investment |
|---|---|
| 1 years | $-7,920 |
| 3 years | $-6,537 |
| 5 years | $-5,154 |
| 7 years | $-3,771 |
| 9 years | $-2,388 |
| 11 years | $-1,005 |
| 13 years | $378 |
| 15 years | $1,761 |
| 17 years | $3,144 |
| 19 years | $4,527 |
| 21 years | $5,909 |
| 23 years | $7,292 |
| 25 years | $8,675 |
Top Solar Installers in Irondequoit
Trying to put up solar panels by yourself can be a stressful task, which is why hiring a solar installer is a good option for many homeowners. Local solar installation companies can also help you maximize your return on investment by walking you through any local incentives you can benefit from and by providing warranties and repairs.
There are several licensed solar professionals that can help you install your solar panels. Here are our suggestions:
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 Irondequoit
Factors that Affect Solar Panel Costs in Irondequoit
There are a number of factors that can influence your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,950. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Irondequoit, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a big investment. That's why many Irondequoit homeowners decide to finance their solar panel systems to make going solar more affordable. You'll have to consider the long-term cost of loans, including the amount of interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The solar installation company you select will affect your total cost to go solar. Different companies will bill different amounts for the equipment and labor. Larger national companies usually have lower costs, but some local companies compete with them by promoting 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 | $11,990 | 12.9 years |
| 8 kW | $3.01 | $16,850 | $16,317 | 12.7 years |
| 10 kW | $2.95 | $20,650 | $20,810 | 12.5 years |
| 12 kW | $2.89 | $24,284 | $25,467 | 12.2 years |
| 14 kW | $2.83 | $27,754 | $30,290 | 12.0 years |
| 16 kW | $2.77 | $31,058 | $35,278 | 11.7 years |
| 18 kW | $2.71 | $34,196 | $40,431 | 11.5 years |
| 20 kW | $2.66 | $37,170 | $45,749 | 11.2 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Irondequoit, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
- Solar Panel Brands: Different companies will have various brands and types of panels. If you know you want a specific brand, make sure the solar company you're considering has it.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panel system running for years to come and save you money on part replacement and repairs.
- Contract: It's important to read your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
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 Irondequoit, NY Solar Cost FAQs
What is the average cost of installing solar panels in Irondequoit?
This is a tough question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $14,750 for a 5-kW system and $29,500 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Is cost the most important thing to keep in mind when buying solar panels?
The initial cost is a key factor to consider, but whether it's the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Irondequoit?
Most states offer net metering programs of some kind. Through these, you can either get paid for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
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.