Solar Panel Cost Guide in North Dansville, NY (2024 Update)
- North Dansville Solar Installation Cost: $11,906
- 25-Year Savings: $6,475
- Payback Period: 18.5 Years
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Average Cost of Solar Panels in North Dansville
Let’s have a look at the average cost of solar in North Dansville.
Although the national average of solar panels is $2.66 per watt, solar panels in North Dansville generally cost around 4.The average North Dansville homeowner needs a 4.7-kilowatt system, which would cost about $11,906 with the federal tax credit, or $17,026 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The exact cost of installing solar panels can vary quite a bit based on a few factors, such as how many panels you need, your energy usage and what solar installer you go with.Even with the large initial cost, the average North Dansville homeowner can save around $13,000 on their power bills over 20 years, which is one of the positives of solar.
To get a free quote from a pre-vetted solar installer in North Dansville, you can click the button below.
Solar savings over time in North Dansville
| Year | Return on Investment |
|---|---|
| 1 years | $-11,080 |
| 3 years | $-9,428 |
| 5 years | $-7,776 |
| 7 years | $-6,124 |
| 9 years | $-4,473 |
| 11 years | $-2,821 |
| 13 years | $-1,169 |
| 15 years | $483 |
| 17 years | $2,135 |
| 19 years | $3,787 |
| 21 years | $5,438 |
| 23 years | $7,090 |
| 25 years | $8,742 |
Top Solar Installers in North Dansville
When switching to solar energy, many homeowners opt to use a solar installation company since overseeing your solar installation yourself can be a challenging project. Also, companies with a high reputation that cost more upfront could actually save you money in the long run due to their warranties, repair services and expert design.
If you’d like to make the switch to solar but still aren’t certain which solar system company to go with, here are our suggestions for providers nearby:
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in North Dansville
Factors that Affect Solar Panel Costs in North Dansville
For many North Dansville homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in North Dansville, with typical prices between $20,000 to $40,000. There are various factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to pay about $3,650 per kilowatt in North Dansville.The brand and type of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag 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 can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are available from most installers in North Dansville, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more accessible.It’s wise to include the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar system can play a part in determining your pricing. North Dansville’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in North Dansville know more about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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 | $4,784 | 19.2 years |
| 8 kW | $3.72 | $20,849 | $6,788 | 18.9 years |
| 10 kW | $3.65 | $25,550 | $8,995 | 18.5 years |
| 12 kW | $3.58 | $30,047 | $11,408 | 18.1 years |
| 14 kW | $3.50 | $34,339 | $14,024 | 17.8 years |
| 16 kW | $3.43 | $38,427 | $16,846 | 17.4 years |
| 18 kW | $3.36 | $42,311 | $19,871 | 17.0 years |
| 20 kW | $3.29 | $45,990 | $23,101 | 16.6 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years in most cases provide quality solar panel installation and expertise.
- Installation Process: When going solar, it’s essential to keep an open line of communication with your solar panel company. Make sure you understand how the installation process works and the completion timeline.
- Contract: Look through the contract terms thoroughly to make sure you understand the overall cost, project timeline incentives and warranties.
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's North Dansville, NY Solar Cost FAQs
What is the average cost of installing solar panels in North Dansville?
This is a difficult question to answer exactly, because the cost depends on many 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 be more expensive 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 go with a smaller solar panel system or cheaper solar panels.
What other factors should I consider aside from cost when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Does North Dansville have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future power bills.
How often do you have to replace solar panels?
On average, solar panels can last 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 larger 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.