Solar Panel Cost Guide in Sandy Creek, NY (2023 Update)
- Sandy Creek Solar Installation Cost: $9,458
- 25-Year Savings: $6,749
- Payback Period: 14.6 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Sandy Creek
Here's how much it might cost to install solar panels in Sandy Creek.
Although the national average of solar panels is $2.66 per watt, solar panels in Sandy Creek generally cost about 2.95. The average solar panel system size in Sandy Creek is around 4.6 kilowatts, meaning a cost of about $9,458 for a solar installation, or $13,525 before the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar may look quite different based on your household energy needs, the type of equipment you choose, your solar contractor and more. Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Sandy Creek can save around $13,000 on their power bills over 20 years.
For a free quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Sandy Creek
| Year | Return on Investment |
|---|---|
| 1 years | $-8,809 |
| 3 years | $-7,513 |
| 5 years | $-6,216 |
| 7 years | $-4,920 |
| 9 years | $-3,623 |
| 11 years | $-2,327 |
| 13 years | $-1,030 |
| 15 years | $266 |
| 17 years | $1,563 |
| 19 years | $2,860 |
| 21 years | $4,156 |
| 23 years | $5,453 |
| 25 years | $6,749 |
Top Solar Installers in Sandy Creek
When making the switch to solar, many homeowners opt to go with a solar installer since DIY solar panel installation can be a time-consuming project. Local solar installation companies can also help you maximize your return on investment by assisting with any local incentives you can benefit from and by providing warranties and repairs.
You can work with a local solar installer to get a free quote on the cost of solar panels for your home. Here are some in Sandy Creek:
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 Sandy Creek
Factors that Affect Solar Panel Costs in Sandy Creek
Even though the average cost of a solar system in Sandy Creek is $9,458, your actual cost may differ. There are many factors that can have a major impact on the cost of a solar system installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
The size of the solar panel system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $2,950. The kind of solar panels and equipment you choose is another factor that will considerably influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Furthermore, solar equipment goes beyond just the solar panels themselves. You'll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that's in your budget.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That's why many Sandy Creek homeowners choose to finance their solar panel systems to make going solar more affordable. Although solar loans make going solar more accessible for Sandy Creek homeowners, they can also add to the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar installation companies in Sandy Creek, and each can charge different amounts for labor and equipment. Companies that only sell high-quality, high-efficiency and high-price 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 decide on the company that offers the products, warranties and services you want and also fits within 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 | $8,339 | 15.2 years |
| 8 kW | $3.01 | $16,850 | $11,449 | 14.9 years |
| 10 kW | $2.95 | $20,650 | $14,724 | 14.6 years |
| 12 kW | $2.89 | $24,284 | $18,164 | 14.3 years |
| 14 kW | $2.83 | $27,754 | $21,770 | 14.0 years |
| 16 kW | $2.77 | $31,058 | $25,541 | 13.7 years |
| 18 kW | $2.71 | $34,196 | $29,477 | 13.4 years |
| 20 kW | $2.66 | $37,170 | $33,578 | 13.1 years |
How to Save on Solar Panels
The solar panel company you choose will affect 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 some important things you should keep in mind, such as:
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose impacts which solar panel brands you have access to.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to do the job well. Another way you can verify your installer's reputation is by reading reviews.
- Contract: Though reading through a contract can take a lot of time, it's important to do it carefully so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
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 Sandy Creek, NY Solar Cost FAQs
What is the average cost of installing solar panels in Sandy Creek?
This is a hard question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $14,750 for a 5-kW system and $29,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have above-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Is it better to lease or buy solar panels in Sandy Creek?
Leasing solar panels can be an appealing choice, because it often comes with low or $0 upfront payments. The drawback 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 maximize your savings.
How will solar panels impact how much my home is worth?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Sandy Creek is currently $114,363, which means you can look forward to a value of about $4,689 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Sandy Creek is a worthwhile investment.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs 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 home 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.