Solar Panel Cost Guide in Lyons, NY (2025 Update)
- Lyons Solar Installation Cost: $11,083
- 25-Year Savings: $7,086
- Payback Period: 17.3 Years
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Average Cost of Solar Panels in Lyons
See how much it might cost to go solar in Lyons.
In Lyons, solar panels cost about 4 per watt on average.Using this figure, a typical 4.3-kW system would cost about $11,083 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Lyons homeowners. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.But, after you've paid the initial cost of installation, the return on investment for most homeowners is usually fruitful, with a net average savings of about $14,000 over 20 years on utility bills.
To receive a free quote from a pre-vetted solar installer in Lyons, you can click the button below.
Solar savings over time in Lyons
Year | Return on Investment |
---|---|
1 years | $-10,257 |
3 years | $-8,605 |
5 years | $-6,953 |
7 years | $-5,301 |
9 years | $-3,650 |
11 years | $-1,998 |
13 years | $-346 |
15 years | $1,306 |
17 years | $2,958 |
19 years | $4,610 |
21 years | $6,261 |
23 years | $7,913 |
25 years | $9,565 |
Top Solar Installers in Lyons
DIY solar panel installation is a possibility, but it's an undertaking that can be a headache. Going with an installer can make switching to solar power much easier. Plus, if you’d like to maximize your investment in solar, using a solar company can help with that too. Different providers can offer warranties, expertise on installation and sometimes even information on local incentives, rebates and net metering programs.
If you're on the hunt for a solar installer in Lyons, the EcoWatch team has compiled a list of our top suggestions here:
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 Lyons
Factors that Affect Solar Panel Costs in Lyons
For many Lyons homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Lyons, with typical prices between $20,000 to $40,000. There are several factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar system in Lyons, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy usage, which you can determine by looking at past power bills. Your total cost can increase by about $3,650 for each additional kilowatt you need.The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at 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
If paying for solar panels out of pocket is too expensive, solar loans are an affordable route because they lower your upfront costs and allow you to pay for your system over five to seven years on average.It’s wise to factor the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
The solar panel installation company you select will influence your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.The company’s size sometimes plays the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger names.
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 | $6,248 | 18.0 years |
8 kW | $3.72 | $20,849 | $8,739 | 17.6 years |
10 kW | $3.65 | $25,550 | $11,435 | 17.3 years |
12 kW | $3.58 | $30,047 | $14,335 | 16.9 years |
14 kW | $3.50 | $34,339 | $17,439 | 16.6 years |
16 kW | $3.43 | $38,427 | $20,748 | 16.2 years |
18 kW | $3.36 | $42,311 | $24,262 | 15.9 years |
20 kW | $3.29 | $45,990 | $27,979 | 15.5 years |
How to Save on Solar Panels
There are many companies available in Lyons, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Long-standing companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Although there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you take a look at their list of offerings before deciding.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar company, such as what permits you should acquire and what the project timeline is.
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 Lyons, NY Solar Cost FAQs
How much does it cost to install solar panels in Lyons?
This is a tough question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $18,250 for a 5-kW system and $36,500 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or more efficient panels, or if you have above-average energy consumption. Conversely, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Lyons?
You can’t get solar panels for free in Lyons. 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 want to own your solar panels, you can finance them with a solar loan.
Does Lyons have a net metering program?
The majority of states have net metering programs of some kind. Through these, you can either receive compensation for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Lyons?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can 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.