Solar Panel Cost Guide in Rochester, NY (2023 Update)
- Rochester Solar Installation Cost: $8,610
- 25-Year Savings: $8,676
- Payback Period: 12.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Rochester
Find out what the average cost of installing solar panels is in Rochester.
Although the national average of solar panels is $2.66 per watt, solar panels in Rochester typically cost around 2.95. Using this figure, a typical 4.2-kW system would cost about $8,611 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of making the switch to solar can vary quite a bit depending on multiple factors, such as how many panels you need, your energy usage and what company you go with. For many homeowners, the upfront investment in solar panels is worth paying. On average homeowners in Rochester see about $16,000 in savings on utility bills over 20 years.
For a customized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Rochester
| Year | Return on Investment |
|---|---|
| 1 years | $-8,552 |
| 3 years | $-8,437 |
| 5 years | $-8,322 |
| 7 years | $-8,206 |
| 9 years | $-8,091 |
| 11 years | $-7,976 |
| 13 years | $-7,861 |
| 15 years | $-7,745 |
| 17 years | $-7,630 |
| 19 years | $-7,515 |
| 21 years | $-7,400 |
| 23 years | $-7,284 |
| 25 years | $-7,169 |
Top Solar Installers in Rochester
When making the switch to solar, many homeowners prefer to go with a solar installation company since putting up solar panels yourself can be a difficult project. Companies can also provide access to a large variety of the best solar panels and help you pick which one will be right for you.
There are several licensed solar professionals that can take care of your solar installation project. 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
See all of the solar companies in Rochester
Factors that Affect Solar Panel Costs in Rochester
Even though the average cost of a solar system in Rochester is $8,611, your final cost may be above or below the average. There are quite a few factors that can have a major impact on the cost of a solar system installation. Below are some of the more crucial things to consider.
Solar Equipment
When it comes to estimating the cost of a solar panel system in Rochester, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy usage, which you can determine by looking at past energy bills. Your total cost can increase by about $2,950 for each additional kilowatt you need. The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your electric bills. In addition, add-on products, like solar batteries, can bring your total well above the Rochester average.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That's why many Rochester homeowners decide to finance their solar panel systems to offset upfront costs. When considering your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Rochester is the company you hire to install your solar system. Similar to choosing a company to renovate your kitchen, for instance, there are plenty of solar installers that offer a range of services for different budgets. Additionally, some companies in Rochester have more knowledge 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 | $3.07 | $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 numerous companies available in Rochester, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Contract: It's important to look over your solar installer's contract well to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Warranty: Warranties that cover defective panels and repairs over around 25 years are the best you can get in the business, and offering such a warranty is one mark of a quality company.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and energy efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like the EcoWatch team.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Rochester, NY Solar Cost FAQs
What is the average cost of installing solar panels in Rochester?
The average cost of solar panels in Rochester 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 stuff such as the kind of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider apart from cost when buying solar panels?
The upfront cost is a very important factor to consider, but whether it's the most important for you depends on why you decided to go solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Does Rochester have a net metering program?
Each state has some kind 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 utility bills.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out 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.