Solar Panel Cost Guide in Beekman, NY (2024 Update)
- Beekman Solar Installation Cost: $11,117
- 25-Year Savings: $9,415
- Payback Period: 15.1 Years
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Average Cost of Solar Panels in Beekman
See how much it might cost to go solar in Beekman.
Although the national average of solar panels is $2.66 per watt, solar panels in Beekman generally cost around 4.Since a 4.4-kW system is needed to cover the energy needs of a typical home in Beekman, the average price of going solar will be about $11,117 after claiming the federal solar tax credit of 0.
Remember that the numbers above are only averages. The price you’ll end up paying for solar will differ based on your household energy needs, the type of solar system you choose, your solar contractor and more.Many homeowners find going solar is a fruitful investment. The average homeowner in Beekman can save around $16,000 on their electricity bills over 20 years.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Beekman
| Year | Return on Investment |
|---|---|
| 1 years | $-9,854 |
| 3 years | $-7,328 |
| 5 years | $-4,801 |
| 7 years | $-2,275 |
| 9 years | $251 |
| 11 years | $2,778 |
| 13 years | $5,304 |
| 15 years | $7,831 |
| 17 years | $10,357 |
| 19 years | $12,883 |
| 21 years | $15,410 |
| 23 years | $17,936 |
| 25 years | $20,463 |
Top Solar Installers in Beekman
Many homeowners opt for a solar panel company since trying to put up solar panels on your own can be time-consuming. Solar installers offer key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
If you’d like to go solar but still aren’t certain which solar panel installer to go with, here are our suggestions for providers near you:
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 Beekman
Factors that Affect Solar Panel Costs in Beekman
For many Beekman homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in Beekman, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. For that reason, it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.The model of solar panels and equipment you want is another factor that will largely influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Furthermore, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that’s in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Beekman to be prohibitively costly, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also result in paying more over time due to interest.However, the interest on solar loans also adds to your total costs, so it’s crucial to include that in your estimate as well. You can always bring down the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
Finally, the company you opt for to install your solar system can affect how much it costs. Beekman’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Beekman know more about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save 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 | $9,429 | 15.7 years |
| 8 kW | $3.72 | $20,849 | $12,981 | 15.4 years |
| 10 kW | $3.65 | $25,550 | $16,737 | 15.1 years |
| 12 kW | $3.58 | $30,047 | $20,698 | 14.8 years |
| 14 kW | $3.50 | $34,339 | $24,863 | 14.5 years |
| 16 kW | $3.43 | $38,427 | $29,233 | 14.2 years |
| 18 kW | $3.36 | $42,311 | $33,807 | 13.9 years |
| 20 kW | $3.29 | $45,990 | $38,585 | 13.6 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be a tough decision, we have some tips to help you, such as:
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, durability and efficiency. They will come at different prices as well. The company you choose plays a role in which solar panel brands you have access to.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be done and how long it will take.
- Warranty: A high-quality company rises above 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 Beekman, NY Solar Cost FAQs
How much does it cost to install solar panels in Beekman?
The average cost of solar panels in Beekman is about $18,250 for a 5-kW system and $36,500 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Beekman?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Can you sell solar power back to the grid in Beekman?
The majority of states have net metering programs of some kind. Through these, you can get paid for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and how much 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 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.