Solar Panel Cost Guide in Sodus, NY (2023 Update)
- Sodus Solar Installation Cost: $8,957
- 25-Year Savings: $7,500
- Payback Period: 13.6 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Sodus
We break down average solar pricing in Sodus.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Sodus, the typical cost of a solar system is 2.95 per watt. To cover the typical energy needs of the average home in Sodus, most homeowners require a 4.3-kilowatt system. Using the per-watt figure above, a solar installation costs about $8,962, or $12,816 before the federal solar tax credit of 30% is applied.
These figures are only averages, and how much solar costs for you will vary based on the amount of energy your home requires and what company you want to go with. Many homeowners find adopting solar power is a sound investment. The average homeowner in Sodus can save about $14,000 on their energy 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 Sodus
Year | Return on Investment |
---|---|
1 years | $-8,903 |
3 years | $-8,793 |
5 years | $-8,683 |
7 years | $-8,573 |
9 years | $-8,464 |
11 years | $-8,354 |
13 years | $-8,244 |
15 years | $-8,135 |
17 years | $-8,025 |
19 years | $-7,915 |
21 years | $-7,805 |
23 years | $-7,696 |
25 years | $-7,586 |
Top Solar Installers in Sodus
When making the switch to solar, many homeowners decide to use a solar installer since putting up solar panels yourself can be a difficult project. Plus, if you're unsure what brand of solar panels and equipment you need, a solar expert can help you find the right equipment for you after a site survey and consultation.
If you're looking for a solar installer in Sodus, we've organized a list of our top suggestions here:
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 Sodus
Factors that Affect Solar Panel Costs in Sodus
For many Sodus homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Sodus, with typical prices between $20,000 to $40,000. There are a number of factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. That's why it's a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Sodus, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Sodus to be prohibitively steep, even if the investment pays off over time. Fortunately, nearly every solar installer in the area offers financing options. Solar loans substantially decrease upfront costs in most cases, but they also lead to a higher cost over time because of interest. Even though solar loans make switching to solar energy more accessible for Sodus homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
Finally, the company you hire to install your solar panels can affect the cost. Sodus' solar companies all have different labor costs and add varying upcharges to equipment. You may see national solar installers that have lower prices due to their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $9,878 | 14.2 years |
8 kW | $3.01 | $16,850 | $13,501 | 13.9 years |
10 kW | $2.95 | $20,650 | $17,290 | 13.6 years |
12 kW | $2.89 | $24,284 | $21,243 | 13.3 years |
14 kW | $2.83 | $27,754 | $25,362 | 13.1 years |
16 kW | $2.77 | $31,058 | $29,646 | 12.8 years |
18 kW | $2.71 | $34,196 | $34,095 | 12.5 years |
20 kW | $2.66 | $37,170 | $38,710 | 12.2 years |
How to Save on Solar Panels
There are numerous companies to choose from in Sodus, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Contract: Review the contract terms closely to make sure you understand the cost breakdown, completion timeline incentives and warranties.
- Installation Process: Make sure you're on the same page with the company with regard to how the installation process will go and what needs to be done before your solar panel system is installed, such as updating your electrical system or roof.
- Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like EcoWatch.
- Solar Panel Brands: Different companies will carry various brands and types of panels. If you want a specific brand, make sure the solar panel company you're considering has it.
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 Sodus, NY Solar Cost FAQs
How much does it cost to install solar panels in Sodus?
The average cost of solar panels in Sodus 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 certain factors like the type of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Sodus?
A solar panel system isn't free in Sodus, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
How will installing solar panels impact the value of my home?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Sodus is currently $109,132, which means you can expect a value of about $4,474 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Sodus is a fruitful investment.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can decide to replace them after having them for that long or you can keep using them at a lower efficiency.
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.