Solar Panel Cost Guide in Spackenkill, NY (2025 Update)
- Spackenkill Solar Installation Cost: $11,117
- 25-Year Savings: $13,015
- Payback Period: 12.6 Years
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Average Cost of Solar Panels in Spackenkill
Let’s have a look at the average cost of solar in Spackenkill.
While the national average of solar panels is $2.66 per watt, solar panels in Spackenkill typically cost about 4.Because a 4.4-kW system is needed to cover the energy needs of a typical home in Spackenkill, the average price of going solar will be about $11,117 after claiming the federal solar tax credit of 0.
These figures are only estimates, and how much solar costs for you will most likely look different based on factors unique to your home and what company you go with.Many homeowners find installing a solar system is a rewarding investment. The average homeowner in Spackenkill can save around $19,000 on their power bills over 20 years.
Click the button below to get connected to a vetted solar company in your area for a personalized estimate.
Solar savings over time in Spackenkill
Year | Return on Investment |
---|---|
1 years | $-9,854 |
3 years | $-7,328 |
5 years | $-4,801 |
7 years | $-2,275 |
9 years | $251 |
11 years | $2,778 |
13 years | $5,304 |
15 years | $7,831 |
17 years | $10,357 |
19 years | $12,883 |
21 years | $15,410 |
23 years | $17,936 |
25 years | $20,463 |
Top Solar Installers in Spackenkill
Many homeowners choose to hire a solar installer since figuring out how to install solar panels on your own can be hard. Plus, if you aren’t sure what brand of solar panels and equipment you want, a solar company can help you figure that out after a site survey and consultation.
Working with a professional solar installer can help your solar project go smoothly. 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
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 Spackenkill
Factors that Affect Solar Panel Costs in Spackenkill
For many Spackenkill homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Spackenkill, with typical prices between $20,000 to $40,000. There are a few factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar panel system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $3,650. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Spackenkill, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited 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
For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are provided by most installers in Spackenkill, which can lower, or in some cases eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also adds to your overall costs, so it’s crucial to keep that in mind as well. You can always reduce the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panel system can affect the cost. Spackenkill’s solar companies all have different labor costs and add varying upcharges to equipment. You may come across national solar installers that have lower prices due to their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those larger 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 | $14,394 | 13.1 years |
8 kW | $3.72 | $20,849 | $19,600 | 12.9 years |
10 kW | $3.65 | $25,550 | $25,012 | 12.6 years |
12 kW | $3.58 | $30,047 | $30,627 | 12.4 years |
14 kW | $3.50 | $34,339 | $36,447 | 12.1 years |
16 kW | $3.43 | $38,427 | $42,471 | 11.9 years |
18 kW | $3.36 | $42,311 | $48,700 | 11.6 years |
20 kW | $3.29 | $45,990 | $55,133 | 11.4 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Contract: Read the contract terms carefully to make sure you understand the total cost, completion timeline incentives and warranties.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
- Warranty: Warranties that cover replacement parts and repairs over around 25 years are the best you can get in the business, and offering that kind of warranty is one sign of a quality company.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose plays a role in which solar panel brands you have access to.
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 Spackenkill, NY Solar Cost FAQs
What is the average cost of installing solar panels in Spackenkill?
The average cost of solar panels in Spackenkill 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 such as the kind of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Spackenkill?
Leasing solar panels can be an option if you can’t pay upfront or get a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
Can solar panels eliminate my energy bills?
Solar panels can potentially eliminate your electricity bills depending on your location 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 $1,011.23 per year.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the average daily 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 install between 20 and 35 panels to cover 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.