Solar Panel Cost Guide in Chazy, NY (2024 Update)
- Chazy Solar Installation Cost: $11,879
- 25-Year Savings: $5,199
- Payback Period: 20.1 Years
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Average Cost of Solar Panels in Chazy
We break down average solar pricing in Chazy.
The average cost of a solar panel system in Chazy is 4 per watt.To cover the typical energy needs of the average home in Chazy, most homeowners require a 4.6-kilowatt system. Using the per-watt figure above, a solar installation costs around $11,879, or $16,987 before the federal solar tax credit of 0 is applied.
Keep in mind that the figures above are only estimates based on the average Chazy homeowner. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.For most homeowners, the upfront investment in solar panels is worth paying. On average you could be looking at about $12,000 in savings on electricity bills over 20 years.
Click the button below to get connected to a highly rated solar panel company in Chazy for a customized quote.
Solar savings over time in Chazy
| Year | Return on Investment |
|---|---|
| 1 years | $-11,053 |
| 3 years | $-9,402 |
| 5 years | $-7,750 |
| 7 years | $-6,098 |
| 9 years | $-4,446 |
| 11 years | $-2,794 |
| 13 years | $-1,142 |
| 15 years | $509 |
| 17 years | $2,161 |
| 19 years | $3,813 |
| 21 years | $5,465 |
| 23 years | $7,117 |
| 25 years | $8,769 |
Top Solar Installers in Chazy
When going solar, many homeowners opt to use a solar installer since handling can be a time-consuming project. Another great thing about going with a reputable solar installer is that it'll likely provide warranties and free repairs, which help protect your investment.
If you're searching for a solar company in Chazy, we've put together a list of our top suggestions here:
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 Chazy
Factors that Affect Solar Panel Costs in Chazy
There are several criteria that can affect your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
When it comes to estimating the price of solar panels in Chazy, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy consumption, which you can gauge by looking at past electricity bills. Your total cost can increase by around $3,650 for each additional kilowatt you need.There are a lot of different solar panel brands and the one you pick also affects the cost. Generally, the brands that have better efficiency tend to also cost more. Additionally, the type of equipment you’re looking to get can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are provided by most installers in Chazy, which can lower, or in some cases totally eliminate, your upfront costs to make solar more affordable.However, the interest on solar loans also adds to your all-in costs, so it’s vital to include that in your estimate 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 get to install your solar system can affect how much you pay. Chazy’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Chazy know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for that service. 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 | $3,156 | 20.9 years |
| 8 kW | $3.72 | $20,849 | $4,616 | 20.5 years |
| 10 kW | $3.65 | $25,550 | $6,281 | 20.1 years |
| 12 kW | $3.58 | $30,047 | $8,151 | 19.7 years |
| 14 kW | $3.50 | $34,339 | $10,225 | 19.3 years |
| 16 kW | $3.43 | $38,427 | $12,503 | 18.9 years |
| 18 kW | $3.36 | $42,311 | $14,986 | 18.5 years |
| 20 kW | $3.29 | $45,990 | $17,673 | 18.1 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:
- Contract: Look through the contract terms carefully to make sure you understand the cost breakdown, project completion timeline rebates and warranties.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. While there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so make sure you peruse their list of options before making your decision.
- Warranty: If you care about the longevity of your solar panel system, ensuring your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
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 Chazy, NY Solar Cost FAQs
What is the average cost of installing solar panels in Chazy?
The average cost of solar panels in Chazy 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 things such as the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Chazy?
You can’t get solar panels for free in Chazy. 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 rather own your solar panels, you can finance them with a solar loan.
Can solar panels eliminate my power bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Chazy, 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.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home needs 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.