Solar Panel Cost Guide in Rush, NY (2023 Update)
- Rush Solar Installation Cost: $8,610
- 25-Year Savings: $8,029
- Payback Period: 12.9 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated September 15, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Rush
See how much it might cost to install solar panels in Rush.
While the national average of solar panels is $2.66 per watt, solar panels in Rush generally cost about 2.95. Because a 4.2-kW system is needed to cover the energy consumption of a typical home in Rush, the average price of going solar will be about $8,611 after claiming the federal solar tax credit of 30%.
How much you pay can go above or below the average in Rush depending on a few factors, such as the model of solar panels you choose and the solar installer you hire. For many homeowners, the upfront cost of solar is worth paying. On average you could be looking at about $15,000 in savings on utility bills over 20 years.
For a free quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Rush
| Year | Return on Investment |
|---|---|
| 1 years | $-7,701 |
| 3 years | $-5,884 |
| 5 years | $-4,067 |
| 7 years | $-2,250 |
| 9 years | $-433 |
| 11 years | $1,385 |
| 13 years | $3,202 |
| 15 years | $5,019 |
| 17 years | $6,836 |
| 19 years | $8,653 |
| 21 years | $10,470 |
| 23 years | $12,287 |
| 25 years | $14,105 |
Top Solar Installers in Rush
Many homeowners opt for a solar installation company since trying to install solar panels on your own can be hard. Companies can also have access to various kinds of the best solar panels and help you pick which one will be right for you.
Working with a licensed solar company can make going solar easier. 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
See all of the solar companies in Rush
Factors that Affect Solar Panel Costs in Rush
Cost is usually one of the most important factors for homeowners considering investing in solar. There are a few major factors that affect your total cost in Rush: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production require 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 expensive upfront but also tend to offer better efficiency. In a city like Rush, where sunlight is relatively abundant, efficiency can quickly pay off. Also, 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
If paying for solar panels out of pocket is difficult, solar loans are a solid option because they cut back your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The solar installer you hire to handle your switch to green energy can play a role in your total costs. There are about 3 solar panel companies in Rush, and each can charge different amounts for labor and equipment. Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and go with the company that provides the products, warranties and services you're looking for and also fit into your budget.
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 | $11,058 | 13.5 years |
| 8 kW | $3.01 | $16,850 | $15,075 | 13.2 years |
| 10 kW | $2.95 | $20,650 | $19,257 | 12.9 years |
| 12 kW | $2.89 | $24,284 | $23,604 | 12.7 years |
| 14 kW | $2.83 | $27,754 | $28,116 | 12.4 years |
| 16 kW | $2.77 | $31,058 | $32,793 | 12.2 years |
| 18 kW | $2.71 | $34,196 | $37,636 | 11.9 years |
| 20 kW | $2.66 | $37,170 | $42,643 | 11.6 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since picking a company can be a challenge, we have some tips to help you, such as:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can verify your installer's reputation is by reading reviews.
- Installation Process: Make sure you're aligned with the installer with regard to how the installation process will go and what you need to do before your solar panel system is installed, such as updating your electrical system or roof.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. Although 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 peruse their list of offerings before making your decision.
- Contract: Look through the contract terms carefully to make sure you understand the cost breakdown, project timeline rebates 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
EcoWatch's Rush, NY Solar Cost FAQs
How much does it cost to install solar panels in Rush?
The average cost of solar panels in Rush 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 things like the type of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Rush?
Leasing solar panels can be an appealing choice, because it often 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 way to go if you want to get the most savings.
Can solar panels significantly reduce my power bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $798.13 per year.
How long do solar panels last in Rush?
On average, solar panels can last 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.