Solar Panel Cost Guide in Yorkshire, NY (2024 Update)
- Yorkshire Solar Installation Cost: $11,918
- 25-Year Savings: $5,424
- Payback Period: 19.8 Years
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Average Cost of Solar Panels in Yorkshire
Find out what the average cost of solar panels are in Yorkshire.
While the national average of solar panels is $2.66 per watt, solar panels in Yorkshire typically cost about 4.The average solar panel system size in Yorkshire is around 4.7 kilowatts, meaning a cost of about $11,918 for a solar installation, or $17,043 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 Yorkshire homeowners. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.Despite the large initial cost, the average Yorkshire homeowner can save about $12,000 on their power bills over 20 years, which is one of the positives of solar.
You can click the button below to get connected with a pre-vetted solar installer in Yorkshire for a quote for your home.
Solar savings over time in Yorkshire
Year | Return on Investment |
---|---|
1 years | $-11,092 |
3 years | $-9,440 |
5 years | $-7,788 |
7 years | $-6,136 |
9 years | $-4,485 |
11 years | $-2,833 |
13 years | $-1,181 |
15 years | $471 |
17 years | $2,123 |
19 years | $3,775 |
21 years | $5,427 |
23 years | $7,078 |
25 years | $8,730 |
Top Solar Installers in Yorkshire
Installing solar panels yourself can be a challenging undertaking, which is why hiring a solar installer is a good option for many homeowners. Companies can also provide access to a large variety of the best solar panels and help you choose which one will be right for your family.
There are several licensed solar professionals that can help you install your solar panels. 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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Yorkshire
Factors that Affect Solar Panel Costs in Yorkshire
The cost of installing a solar system in Yorkshire can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the price of a solar panel system in Yorkshire, one of the most important 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 determine by looking at past electricity bills. Your overall cost can increase by around $3,650 for each additional kilowatt you need.The brand and type of equipment you get for your solar system can increase or decrease 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. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Most solar companies in Yorkshire have solar loans, which reduce your upfront costs of installing solar panels.It’s a good idea to factor the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
The solar company you opt for to handle your switch to sustainable energy can play a role in your total costs. There are about 3 solar installation companies in Yorkshire, and each can charge different amounts for labor and equipment.Additionally, some companies in Yorkshire are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you 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 | $3,424 | 20.6 years |
8 kW | $3.72 | $20,849 | $4,974 | 20.2 years |
10 kW | $3.65 | $25,550 | $6,728 | 19.8 years |
12 kW | $3.58 | $30,047 | $8,687 | 19.4 years |
14 kW | $3.50 | $34,339 | $10,850 | 19.0 years |
16 kW | $3.43 | $38,427 | $13,217 | 18.6 years |
18 kW | $3.36 | $42,311 | $15,789 | 18.2 years |
20 kW | $3.29 | $45,990 | $18,566 | 17.8 years |
How to Save on Solar Panels
There are a large number of companies available in Yorkshire, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Solar Panel Brands: Different companies carry different brands and types of panels. If you want a specific brand, make sure the solar company you’re considering has it.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years most likely offer quality solar panel installation and expertise.
- Contract: When reading through your solar installer’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios like a system part breaking or the company going out of business.
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to align on 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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Yorkshire, NY Solar Cost FAQs
How much does it cost to install solar panels in Yorkshire?
The average cost of solar panels in Yorkshire 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 things like the type of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider in addition to cost when buying solar panels?
The initial cost is a very important factor to consider, but whether it’s the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.
How much can I save on energy bills after switching to solar?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Yorkshire, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Yorkshire?
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 opt to replace them after having them for that long or you can continue to use 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.