Solar Panel Cost Guide in Southport, NY (2025 Update)
- Southport Solar Installation Cost: $11,776
- 25-Year Savings: $5,069
- Payback Period: 20.2 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Southport
See how much it might cost to install solar panels in Southport.
While the national average of solar panels is $2.66 per watt, solar panels in Southport typically cost about 4.The average Southport homeowner needs a 4.6-kilowatt system, which would cost about $11,776 with the federal tax credit, or $16,840 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The actual cost of going solar can vary quite a bit based on a few factors, such as how many panels you need, your energy consumption and what solar installer you go with.But, once you've paid the upfront cost of installation, the savings for most homeowners is quite fruitful, with a net average savings of about $12,000 over 20 years on power bills.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Southport
| Year | Return on Investment |
|---|---|
| 1 years | $-10,950 |
| 3 years | $-9,298 |
| 5 years | $-7,647 |
| 7 years | $-5,995 |
| 9 years | $-4,343 |
| 11 years | $-2,691 |
| 13 years | $-1,039 |
| 15 years | $613 |
| 17 years | $2,264 |
| 19 years | $3,916 |
| 21 years | $5,568 |
| 23 years | $7,220 |
| 25 years | $8,872 |
Top Solar Installers in Southport
Many homeowners opt for a solar installer since installing solar panels by yourself can be a labor-intensive endeavor. Some solar installers, particularly local ones, can help you make the most of incentives in Southport, optimizing your ROI.
If you’d like to go solar but still aren’t certain which solar panel company to go with, here are our suggestions for providers nearby:
See all of the solar companies in Southport
Factors that Affect Solar Panel Costs in Southport
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few major factors that will push your cost above or below the average in Southport: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
When it comes to estimating the price of a solar panel system in Southport, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy consumption, which you can gauge by looking at past electricity bills. Your overall cost can increase by about $3,650 for each additional kilowatt you need.The type of solar equipment you choose can increase or decrease your cost 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. However, higher efficiency could save you more in the long run on your power bills. Additionally, add-on products, like solar batteries, can bring your total well above the Southport average.
Solar Financing Terms
Many homeowners find the average cost of solar in Southport to be too costly, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides access to financing options. Solar loans remarkably decrease upfront costs in most cases, but they also lead to paying more over time because of interest.While solar loans make switching to solar energy more accessible for Southport homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
Lastly, the company you hire to install your solar system can influence your pricing. Southport’s solar companies all have different labor costs and add varying upcharges to equipment. The company’s size sometimes plays the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger companies.
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 | $3,046 | 21.0 years |
| 8 kW | $3.72 | $20,849 | $4,470 | 20.6 years |
| 10 kW | $3.65 | $25,550 | $6,099 | 20.2 years |
| 12 kW | $3.58 | $30,047 | $7,931 | 19.8 years |
| 14 kW | $3.50 | $34,339 | $9,969 | 19.4 years |
| 16 kW | $3.43 | $38,427 | $12,210 | 19.0 years |
| 18 kW | $3.36 | $42,311 | $14,657 | 18.6 years |
| 20 kW | $3.29 | $45,990 | $17,307 | 18.2 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:
- Reputation: Well-established companies likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you hire.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should acquire and what the project timeline is.
- Contract: Even though reading through a contract can be tedious, it’s important to do it carefully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
EcoWatch's Southport, NY Solar Cost FAQs
How much does it cost to install solar panels in Southport?
This is a tough question to answer precisely, because the cost depends on a variety of factors. Generally speaking, it costs about $18,250 for a 5-kW system and $36,500 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or more efficient panels, or if you have above-average energy consumption. Conversely, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Is cost the most important thing to consider when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on energy bills after installing solar panels?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Southport, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Southport?
Even 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 the amount of energy they produce will have decreased significantly after that point. You can choose to replace them once you've had 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.