Solar Panel Cost Guide in Stony Point, NY (Nov 2022)

  • Stony Point Solar Installation Cost: $8,756
  • 25-Year Savings: $18,344
  • Payback Period: 8.1 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Stony Point

Find out what the average cost of a solar system is in Stony Point.

The national average cost of solar panels is $2.66 per watt, but in Stony Point it's $3 per watt. The average Stony Point homeowner needs a 4.2-kilowatt system, which would cost about $8,756, or $6,479 after the federal solar tax credit of 30% is applied.

The true cost of your system can go above or below the average in Stony Point depending on a few factors, such as the type of solar panels you choose and the solar contractor you hire. Many homeowners find installing a solar panel system is a solid investment. The average homeowner in Stony Point can save around $24,000 on their electricity bills over 20 years.

To receive a free estimate from a highly rated solar company in Stony Point, you can click the button below.

Solar savings over time in Stony Point

Year Return on Investment
1 years $-7,672
3 years $-5,504
5 years $-3,336
7 years $-1,168
9 years $1,000
11 years $3,168
13 years $5,336
15 years $7,504
17 years $9,672
19 years $11,840
21 years $14,008
23 years $16,176
25 years $18,344

Top Solar Installers in Stony Point

Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can take a lot of hard work. Hiring a solar company can make your switch to solar power much easier. Also, companies with an outstanding reputation that cost more upfront could actually save you money in the long term with their warranties, repair services and expert design.

You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some in Stony Point:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

See all of the solar companies in Stony Point

Factors that Affect Solar Panel Costs in Stony Point

The cost of installing a solar system in Stony Point can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar company you choose.

Solar Equipment

The size of the solar energy system you need for your home is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $2,950. The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.

Solar Financing Terms

Solar panels can save you money on utility bills over many years, but they can also be a big investment. That's why many Stony Point homeowners choose to finance their solar panel systems to make going solar more affordable. However, the interest on solar loans also adds to your all-in costs, so it's crucial to consider that as well. You can always lower the total you pay in interest and possibly even your APR by putting more money down.

Solar Panel Installation Company

Lastly, the company you hire to install your solar panels can affect how much it costs. Stony Point'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 pricing, or you might see small, local installation companies offering deals or specials 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 $25,446 8.4 years
8 kW $3.01 $16,850 $34,259 8.2 years
10 kW $2.95 $20,650 $43,236 8.1 years
12 kW $2.89 $24,284 $52,379 7.9 years
14 kW $2.83 $27,754 $61,687 7.8 years
16 kW $2.77 $31,058 $71,161 7.6 years
18 kW $2.71 $34,196 $80,799 7.4 years
20 kW $2.66 $37,170 $90,603 7.3 years

How to Save on Solar Panels

The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be difficult, we have some tips to help you, such as:

  • Solar Panel Brands: Different companies carry various brands and kinds of panels. If you want a specific brand, make sure the solar panel company you're considering has it.
  • Warranty: If you care about the longevity of your solar panels, verifying your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
  • Installation Process: Make sure you're aligned 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.
  • Contract: It's important to look over your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

EcoWatch's Stony Point, NY Solar Cost FAQs

How much does it cost to install solar panels in Stony Point?

The average cost of solar panels in Stony Point 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 such as the model of solar panels you want, what size system you need and how much energy you consume.

Is cost the most important thing to think about when buying solar panels?

Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.

Can solar panels significantly reduce my energy bills?

It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Stony Point, 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 contact a local solar installer to see how many panels can fit on your roof.

How many solar panels do I need to power my home?

The exact number of solar panels you need depends on your household energy needs 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 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.

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