Solar Panel Cost Guide in Lockport, NY (2025 Update)
- Lockport Solar Installation Cost: $10,627
- 25-Year Savings: $10,021
- Payback Period: 17.1 Years
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Average Cost of Solar Panels in Lockport
Find out what the average cost of solar panels are in Lockport.
The national average cost of solar panels is $2.66 per watt, but in Lockport it’s 4 per watt.The average solar panel system size in Lockport is around 4.2 kilowatts, meaning a cost of about $10,627 for a solar installation, or $15,197 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may look quite different based on your household energy needs, the type of solar system you choose, your solar contractor and more.With typical savings of about $14,000 on power bills over 20 years, many homeowners in Lockport find going solar can pay off big.
To get a free estimate from a top solar installation company in Lockport, you can click the button below.
Solar savings over time in Lockport
| Year | Return on Investment |
|---|---|
| 1 years | $-9,802 |
| 3 years | $-8,150 |
| 5 years | $-6,498 |
| 7 years | $-4,846 |
| 9 years | $-3,194 |
| 11 years | $-1,542 |
| 13 years | $110 |
| 15 years | $1,761 |
| 17 years | $3,413 |
| 19 years | $5,065 |
| 21 years | $6,717 |
| 23 years | $8,369 |
| 25 years | $10,021 |
Top Solar Installers in Lockport
Although it's possible to install solar panels on your own, it involves extra effort and handiness. That's one of the reasons most homeowners choose to hire a solar panel installer. Plus, warranties and repairs from your solar panel installer can protect your investment and bring down the cost of maintenance in the long run.
Working with a professional solar installer can help you make the most of your investment in solar. Here are our recommendations:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- 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 Lockport
Factors that Affect Solar Panel Costs in Lockport
Cost is usually one of the most important factors for homeowners who are considering investing in solar. There are a few primary factors that will push your cost above or below the average in Lockport: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. For that reason, it’s crucial to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use.The brand and kind of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
If paying for solar panels out of pocket is too expensive, solar loans are a popular choice because they lower your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.However, the interest on solar loans also increases your total costs, so it’s crucial to consider that as well. You can always lower the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
Lastly, the company you get to install your solar system can play a part in determining the cost. Lockport’s solar companies all have different labor costs and add varying upcharges to equipment. You may come across national solar installers that have lower prices due to their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $6,420 | 17.8 years |
| 8 kW | $3.72 | $20,849 | $8,969 | 17.5 years |
| 10 kW | $3.65 | $25,550 | $11,723 | 17.1 years |
| 12 kW | $3.58 | $30,047 | $14,680 | 16.8 years |
| 14 kW | $3.50 | $34,339 | $17,842 | 16.5 years |
| 16 kW | $3.43 | $38,427 | $21,209 | 16.1 years |
| 18 kW | $3.36 | $42,311 | $24,780 | 15.8 years |
| 20 kW | $3.29 | $45,990 | $28,555 | 15.4 years |
How to Save on Solar Panels
The solar company you go with will impact not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should take into account, including:
- Warranty: Many companies offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar installer, such as what permits you should acquire and how long the project will take.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. Even though there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so make sure you take a look at their list of options before deciding.
- Contract: Before signing a contract with a solar installer, make sure to look it over 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.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Lockport, NY Solar Cost FAQs
How much does it cost to install solar panels in Lockport?
The average cost of solar panels in Lockport is about $18,250 for a 5-kW system and $36,500 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Lockport?
You can’t get solar panels for free in Lockport. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Do solar panels increase how much your home is worth?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Lockport is currently $230,542, which means you can look forward to a value of about $9,452 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Lockport is a rewarding investment.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you need to know 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.
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.