Solar Panel Cost Guide in Rye, NY (2025 Update)
- Rye Solar Installation Cost: $10,696
- 25-Year Savings: $24,695
- Payback Period: 8.0 Years
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Average Cost of Solar Panels in Rye
Find out what the average cost of a solar system is in Rye.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Rye, the typical cost of a solar system is 4 per watt.The average solar panel system size in Rye is around 4.2 kilowatts, meaning a cost of about $10,696 for a solar installation, or $15,295 before the 0 federal solar tax credit is applied.
These figures are just averages, and how much solar costs for you will most likely differ based on the amount of energy your home requires and what company you go with.But, once you've paid the upfront cost of installation, the ROI for most homeowners is usually fruitful, with a net average savings of about $30,000 over 20 years on power bills.
To receive a free estimate from a highly rated solar company in Rye, you can click the button below.
Solar savings over time in Rye
| Year | Return on Investment |
|---|---|
| 1 years | $-8,816 |
| 3 years | $-5,057 |
| 5 years | $-1,298 |
| 7 years | $2,462 |
| 9 years | $6,221 |
| 11 years | $9,981 |
| 13 years | $13,740 |
| 15 years | $17,499 |
| 17 years | $21,259 |
| 19 years | $25,018 |
| 21 years | $28,777 |
| 23 years | $32,537 |
| 25 years | $36,296 |
Top Solar Installers in Rye
Although it's possible to install solar panels yourself, it involves extra energy and handiness. That's why most people choose to go with a solar panel installer. The expertise that solar installers provide can be useful as well, especially if you don’t quite know what brand of solar equipment you need.
There are various 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
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 Rye
Factors that Affect Solar Panel Costs in Rye
The cost of installing a solar system in Rye can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The size of the solar energy system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $3,650. There are many different solar panel brands and the one you pick also affects the cost. In general, the brands that offer higher efficiency tend to also be more expensive. Plus, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are offered by most installers in Rye, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible.When estimating your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
Finally, the company you hire to install your solar panels can affect your pricing. Rye’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Rye know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you 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 | $31,840 | 8.3 years |
| 8 kW | $3.72 | $20,849 | $42,863 | 8.2 years |
| 10 kW | $3.65 | $25,550 | $54,089 | 8.0 years |
| 12 kW | $3.58 | $30,047 | $65,520 | 7.9 years |
| 14 kW | $3.50 | $34,339 | $77,156 | 7.7 years |
| 16 kW | $3.43 | $38,427 | $88,995 | 7.5 years |
| 18 kW | $3.36 | $42,311 | $101,040 | 7.4 years |
| 20 kW | $3.29 | $45,990 | $113,288 | 7.2 years |
How to Save on Solar Panels
There are many companies available in Rye, 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:
- Warranty: Warranties that cover panel repairs and maintenance over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one indication of a quality company.
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should secure and what the project timeline is.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to install your solar system. Another way you can check your installer’s reputation is by reading reviews.
- Contract: When looking through your solar installer’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios like a system part breaking or the company going out of business.
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 Rye, NY Solar Cost FAQs
What is the average cost of installing solar panels in Rye?
The average cost of solar panels in Rye 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 like the model of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider other than cost when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Is going solar worth it?
Solar panels can be a great investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already pretty low, solar panels might not be for you.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy consumption and how much sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.
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.