Solar Panel Cost Guide in Coxsackie, NY (2024 Update)
- Coxsackie Solar Installation Cost: $11,372
- 25-Year Savings: $11,071
- Payback Period: 14.0 Years
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Average Cost of Solar Panels in Coxsackie
Here’s how much it might cost to make the switch to solar in Coxsackie.
Although the national average of solar panels is $2.66 per watt, solar panels in Coxsackie typically cost about 4.The average solar panel system size in Coxsackie is around 4.5 kilowatts, meaning a cost of about $11,372 for a solar installation, or $16,262 before the 0 federal solar tax credit is applied.
These figures are only averages, and your own solar costs may differ based on factors unique to your home and what company you choose to go with.For many homeowners, the upfront cost of solar power is worth paying. On average homeowners in Coxsackie see about $17,000 in savings on energy bills over 20 years.
Click the button below to get connected to a top solar installer in your area for a custom quote.
Solar savings over time in Coxsackie
| Year | Return on Investment |
|---|---|
| 1 years | $-10,109 |
| 3 years | $-7,582 |
| 5 years | $-5,056 |
| 7 years | $-2,530 |
| 9 years | $-3 |
| 11 years | $2,523 |
| 13 years | $5,050 |
| 15 years | $7,576 |
| 17 years | $10,102 |
| 19 years | $12,629 |
| 21 years | $15,155 |
| 23 years | $17,682 |
| 25 years | $20,208 |
Top Solar Installers in Coxsackie
When going solar, many homeowners decide to hire a solar installation company since DIY solar panel installation can be a difficult project. The expertise that solar companies offer can be useful as well, especially if you don’t quite know what type of solar equipment would be right for your home.
There are several licensed solar professionals that can help you install your solar system. Here are our suggestions:
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
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Coxsackie
Factors that Affect Solar Panel Costs in Coxsackie
For many Coxsackie homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Coxsackie, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to pay around $3,650 per kilowatt in Coxsackie.The kind of solar equipment you choose can bring your price up or down 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. On the other hand, more efficient panels could save you more over time on your electric bills. In addition, add-on products, such as solar batteries, can bump up your total well above the Coxsackie average.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are offered by most installers in Coxsackie, which can lower, or in some cases totally eliminate, your upfront costs to make solar more accessible.You’ll have to consider the long-term cost of financing options, including the total interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
Finally, the company you get to install your solar panels can impact your pricing. Coxsackie’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.
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 | $11,372 | 14.6 years |
| 8 kW | $3.72 | $20,849 | $15,571 | 14.3 years |
| 10 kW | $3.65 | $25,550 | $19,975 | 14.0 years |
| 12 kW | $3.58 | $30,047 | $24,583 | 13.8 years |
| 14 kW | $3.50 | $34,339 | $29,395 | 13.5 years |
| 16 kW | $3.43 | $38,427 | $34,412 | 13.2 years |
| 18 kW | $3.36 | $42,311 | $39,633 | 12.9 years |
| 20 kW | $3.29 | $45,990 | $45,059 | 12.6 years |
How to Save on Solar Panels
There are a large number of companies available in Coxsackie, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Warranty: If you’re worried about the endurance of your solar energy system, checking if your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Solar Panel Brands: Different companies will have various brands and types of panels. If you prefer a specific brand, make sure the solar installer you’re considering has it.
- Installation Process: When making the switch to solar, it’s essential to keep an open line of communication with your solar company. See to it that you understand how the installation process will go and the project timeline.
- Contract: Before signing a contract with a solar installer, make sure to read it through fully so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what the warranty covers and what services you can expect from them.
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
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Coxsackie, NY Solar Cost FAQs
What is the average cost of installing solar panels in Coxsackie?
The average cost of solar panels in Coxsackie is about $18,250 for a 5-kW system and $36,500 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Coxsackie?
You can’t get solar panels for free in Coxsackie. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
How much can I save on energy bills after switching to solar?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Coxsackie, 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?
To figure out how many solar panels you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.