Solar Panel Cost Guide in Hoosick, NY (2024 Update)
- Hoosick Solar Installation Cost: $11,657
- 25-Year Savings: $6,504
- Payback Period: 18.3 Years
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Average Cost of Solar Panels in Hoosick
Find out how much it might cost to make the switch to solar in Hoosick.
The national average cost of solar panels is $2.66 per watt, but in Hoosick it’s 4 per watt.Because a 4.6-kW system is needed to cover the energy needs of a typical home in Hoosick, the average price of going solar will be about $11,657 after claiming the federal solar tax credit of 0.
Bear in mind that the figures above are only estimates based on the average energy use of Hoosick homeowners. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.But, once you've paid the initial cost of installation, the savings for most homeowners is typically good, with a net average savings of about $13,000 over 20 years on power bills.
You can click the button below to get connected with a pre-vetted solar installer in Hoosick for a quote for your home.
Solar savings over time in Hoosick
| Year | Return on Investment |
|---|---|
| 1 years | $-10,776 |
| 3 years | $-9,014 |
| 5 years | $-7,252 |
| 7 years | $-5,489 |
| 9 years | $-3,727 |
| 11 years | $-1,965 |
| 13 years | $-203 |
| 15 years | $1,559 |
| 17 years | $3,321 |
| 19 years | $5,083 |
| 21 years | $6,845 |
| 23 years | $8,607 |
| 25 years | $10,369 |
Top Solar Installers in Hoosick
Trying to put up solar panels on your own can be a time-consuming undertaking, which is why using a solar installation company is a good option for many homeowners. The expertise that solar installers offer can be invaluable as well, particularly if you don’t quite know what brand of solar equipment you need.
There are several licensed solar professionals that can help you install your solar system. Here are our suggestions:
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 Hoosick
Factors that Affect Solar Panel Costs in Hoosick
Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few key factors that determine your overall cost in Hoosick: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it’s important to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs.Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Hoosick, where sunlight isn’t as abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system out of pocket is out of reach, solar loans are an affordable route because they lower your upfront costs and let you pay for your system over a term of, on average, between five and seven years.However, the interest on solar loans also increases your all-in costs, so it’s important to include that in your estimate 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
Finally, the company you get to install your solar panel system can influence the cost. Hoosick’s solar companies all have different labor costs and add varying upcharges to equipment. You may notice national solar installers that have lower prices due to their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions 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 | $3.80 | $15,943 | $5,001 | 19.0 years |
| 8 kW | $3.72 | $20,849 | $7,077 | 18.7 years |
| 10 kW | $3.65 | $25,550 | $9,357 | 18.3 years |
| 12 kW | $3.58 | $30,047 | $11,841 | 17.9 years |
| 14 kW | $3.50 | $34,339 | $14,530 | 17.6 years |
| 16 kW | $3.43 | $38,427 | $17,424 | 17.2 years |
| 18 kW | $3.36 | $42,311 | $20,522 | 16.8 years |
| 20 kW | $3.29 | $45,990 | $23,824 | 16.5 years |
How to Save on Solar Panels
Since the brand of solar panels and the installation company you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to install your solar system. Another way you can check your installer’s reputation is by reading reviews.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar installer, such as what permits you should secure and what the project timeline is.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose impacts which solar panel brands you have access to.
- Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
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 Hoosick, NY Solar Cost FAQs
What is the average cost of installing solar panels in Hoosick?
The average cost of solar panels in Hoosick 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 model of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Hoosick?
You can’t get solar panels for free in Hoosick. However, you may still be able to afford 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.
Is it worth going solar in Hoosick?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and the amount of direct sunlight your roof gets.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the amount of 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 cover 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.