Solar Panel Cost Guide in Fenton, NY (2025 Update)
- Fenton Solar Installation Cost: $11,857
- 25-Year Savings: $5,217
- Payback Period: 20.0 Years
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Average Cost of Solar Panels in Fenton
Find out what the average cost of solar panels are in Fenton.
In Fenton, solar panels cost about 4 per watt on average.The average Fenton homeowner needs a 4.6-kilowatt system, which would cost about $11,857 with the federal tax credit, or $16,956 before the 0 tax credit is applied.
The true cost of your system can go above or below the average in Fenton based on several factors, such as the type of solar panels you choose and the solar company you hire.For most homeowners, the upfront investment in solar panels is worth paying. On average homeowners in Fenton see about $12,000 in savings on utility bills over 20 years.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Fenton
Year | Return on Investment |
---|---|
1 years | $-11,031 |
3 years | $-9,380 |
5 years | $-7,728 |
7 years | $-6,076 |
9 years | $-4,424 |
11 years | $-2,772 |
13 years | $-1,120 |
15 years | $531 |
17 years | $2,183 |
19 years | $3,835 |
21 years | $5,487 |
23 years | $7,139 |
25 years | $8,791 |
Top Solar Installers in Fenton
DIY solar panel installation is a way to cut costs, but it's an undertaking that can use up a lot of your time and energy. Hiring a solar company can make swapping over to solar power much easier. Another advantage of utilizing a solar installer is that they can help you make the most of your ROI by bringing down your future costs of repairs and replacements due to warranties and helping you learn about local incentives you can take advantage of.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some near you:
See all of the solar companies in Fenton
Factors that Affect Solar Panel Costs in Fenton
For many Fenton homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Fenton, with typical prices between $20,000 to $40,000. There are numerous factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Fenton, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy consumption, which you can gauge by looking at past electricity bills. Your overall cost can increase by about $3,650 for each additional kilowatt you need.The brand and type of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Most solar installers in Fenton have solar loans, which reduce your upfront costs of installing solar.However, the interest on solar loans also increases your overall costs, so it’s crucial to consider that as well. You can always reduce the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you opt for to handle your switch to green energy can have an effect on your total costs. There are about 3 solar panel companies in Fenton, and each can charge different amounts for labor and equipment.Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and choose a company that has the products, warranties and services you want and also fits within your budget.
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 | $3,191 | 20.8 years |
8 kW | $3.72 | $20,849 | $4,664 | 20.4 years |
10 kW | $3.65 | $25,550 | $6,341 | 20.0 years |
12 kW | $3.58 | $30,047 | $8,222 | 19.6 years |
14 kW | $3.50 | $34,339 | $10,308 | 19.2 years |
16 kW | $3.43 | $38,427 | $12,598 | 18.8 years |
18 kW | $3.36 | $42,311 | $15,092 | 18.4 years |
20 kW | $3.29 | $45,990 | $17,791 | 18.0 years |
How to Save on Solar Panels
The solar panel company you go with will impact not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should take into account, including:
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years most likely provide good-quality solar panel installation and expertise.
- Warranty: Companies typically offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the project completion timeline.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and energy efficiency. They will come at different costs as well. The company you choose impacts which solar panel brands you have access to.
EcoWatch's Fenton, NY Solar Cost FAQs
How much does it cost to install solar panels in Fenton?
This is a tough question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $18,250 for a 5-kW system and $36,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have above-average energy consumption. On the other hand, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Fenton?
Leasing solar panels can be an attractive choice, as it commonly comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.
How much can I save on electricity bills after installing solar panels?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Fenton, 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 what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically 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.