Solar Panel Cost Guide in Long Hill, CT (2023 Update)
- Long Hill Solar Installation Cost: $8,859
- 25-Year Savings: $18,380
- Payback Period: 8.1 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Long Hill
Find out what the average cost of installing solar panels is in Long Hill.
The national average cost of solar panels is $2.66 per watt, but in Long Hill it's 2.8 per watt. The average Long Hill homeowner needs a 4.5-kilowatt system, which would cost about $8,859 with the federal tax credit, or $12,668 before the 30% tax credit is applied.
Remember that the numbers above are only averages. The price you'll pay for solar may vary based on your household energy needs, the type of solar panels you choose, your solar contractor and more. With typical savings of about $23,000 on energy bills over 20 years, many homeowners in Long Hill find installing solar panels has a decent ROI.
For a free quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Long Hill
| Year | Return on Investment |
|---|---|
| 1 years | $-7,770 |
| 3 years | $-5,591 |
| 5 years | $-3,411 |
| 7 years | $-1,232 |
| 9 years | $947 |
| 11 years | $3,126 |
| 13 years | $5,305 |
| 15 years | $7,484 |
| 17 years | $9,663 |
| 19 years | $11,842 |
| 21 years | $14,022 |
| 23 years | $16,201 |
| 25 years | $18,380 |
Top Solar Installers in Long Hill
Many homeowners opt for a solar panel installer since installing solar panels on your own can be time-consuming. A solar installer can also help save you money over the lifespan of your system by providing warranties, repairs and component replacements.
There are several licensed solar professionals that can install solar panels for you. 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
See all of the solar companies in Long Hill
Factors that Affect Solar Panel Costs in Long Hill
For many Long Hill homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Long Hill, with typical prices between $20,000 to $40,000. There are numerous factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,800. There are several different solar panel brands and the one you choose also changes the cost. Generally speaking, the brands that offer higher efficiency tend to also cost more. In addition, the type of equipment you want to install 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 financially overwhelming. Solar loans are offered by most installers in Long Hill, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more affordable. It's wise to add 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 how long it'll take to pay off the loan.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Long Hill is the company you choose to install your solar panel system. Similar to choosing a company to renovate your kitchen, for instance, there are plenty of solar installers that offer a range of services at different costs. You may notice national solar installers that have lower prices due to their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.91 | $12,230 | $23,954 | 8.4 years |
| 8 kW | $2.86 | $15,994 | $32,253 | 8.3 years |
| 10 kW | $2.80 | $19,600 | $40,708 | 8.1 years |
| 12 kW | $2.74 | $23,050 | $49,320 | 8.0 years |
| 14 kW | $2.69 | $26,342 | $58,089 | 7.8 years |
| 16 kW | $2.63 | $29,478 | $67,014 | 7.6 years |
| 18 kW | $2.58 | $32,458 | $76,097 | 7.5 years |
| 20 kW | $2.52 | $35,280 | $85,336 | 7.3 years |
How to Save on Solar Panels
Since the model of solar panels and the installation company you choose significantly influences your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. Even though there are many options for which kind 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 peruse their list of offerings before deciding.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected 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 research your installer's reputation is by reading reviews.
- Installation Process: Make sure you're aligned with the company in regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating your electrical system or roof.
- Contract: Before you sign a contract with a solar company, make sure to look it over completely so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Long Hill, CT Solar Cost FAQs
What is the average cost of installing solar panels in Long Hill?
The average cost of solar panels in Long Hill is about $14,000 for a 5-kW system and $28,000 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to think about when buying solar panels?
The upfront 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.
Is it worth going solar in Long Hill?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and how much sunlight your roof gets. You can 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 get 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.