Solar Panel Cost Guide in Yorkshire, NY (2024 Update)
- Yorkshire Solar Installation Cost: $11,918
- 25-Year Savings: $5,424
- Payback Period: 19.8 Years
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Average Cost of Solar Panels in Yorkshire
Find out what the average cost of solar panels are in Yorkshire.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Yorkshire, the average cost of a solar system is 4 per watt.To account for the typical energy needs of the average home in Yorkshire, most homeowners require a 4.7-kilowatt system. Using the figure above, a solar installation costs about $11,918, or $17,043 before the federal solar tax credit of 0 is applied.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar will differ based on your household energy use, the type of equipment you want to get, your solar contractor and more.Even with the high upfront cost, the average Yorkshire homeowner can save about $12,000 on their electricity bills over 20 years, which is one of the perks of solar.
For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Yorkshire
| Year | Return on Investment |
|---|---|
| 1 years | $-11,092 |
| 3 years | $-9,440 |
| 5 years | $-7,788 |
| 7 years | $-6,136 |
| 9 years | $-4,485 |
| 11 years | $-2,833 |
| 13 years | $-1,181 |
| 15 years | $471 |
| 17 years | $2,123 |
| 19 years | $3,775 |
| 21 years | $5,427 |
| 23 years | $7,078 |
| 25 years | $8,730 |
Top Solar Installers in Yorkshire
Although you can install solar panels on your own, it requires extra time and expertise. For that reason, most homeowners choose a solar panel installer. Companies can also offer access to quality options of the best solar panels and help you pick which one will be best for your home.
Working with a licensed solar installer can help you make the most of your investment in solar. Here are our recommendations:
Best National Provider
SunPower
- 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
- 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 Yorkshire
Factors that Affect Solar Panel Costs in Yorkshire
The cost of installing a solar system in Yorkshire 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 your household needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The size of the solar energy system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $3,650. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Yorkshire, where sunlight isn’t as abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are provided by most installers in Yorkshire, which can lower, or in some cases eliminate, your upfront costs to make solar more accessible.Though solar loans make going solar more accessible for Yorkshire 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 avoid paying as much in interest.
Solar Panel Installation Company
The solar panel installation company you select will affect your total cost to make the switch to solar power. Different companies will charge different amounts for the equipment and labor.Additionally, some companies in Yorkshire are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
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 | $3,424 | 20.6 years |
| 8 kW | $3.72 | $20,849 | $4,974 | 20.2 years |
| 10 kW | $3.65 | $25,550 | $6,728 | 19.8 years |
| 12 kW | $3.58 | $30,047 | $8,687 | 19.4 years |
| 14 kW | $3.50 | $34,339 | $10,850 | 19.0 years |
| 16 kW | $3.43 | $38,427 | $13,217 | 18.6 years |
| 18 kW | $3.36 | $42,311 | $15,789 | 18.2 years |
| 20 kW | $3.29 | $45,990 | $18,566 | 17.8 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Different companies will have different brands and models of panels. If you prefer a specific brand, make sure the solar company you’re considering has it.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years in most cases offer good-quality solar panel installation and expertise.
- Contract: It’s important to look over your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system’s energy production.
- Installation Process: Make sure you’re on the same page with the company regarding how the installation process will go and what you need to do before your solar panels are installed, such as updating or replacing your electrical system or roof.
Best National Provider
SunPower
- 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
- 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 Yorkshire, NY Solar Cost FAQs
How much does it cost to install solar panels in Yorkshire?
The average cost of solar panels in Yorkshire 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 certain factors such as the kind of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt 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 switching to solar?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Yorkshire, that will require at least a 10-kW system. Not all homes will have the roof space for 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 often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can choose 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.