Solar Panel Cost Guide in Brooklyn, NY (Nov 2022)

  • Brooklyn Solar Installation Cost: $7,930
  • 25-Year Savings: $25,410
  • Payback Period: 5.9 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Brooklyn

Find out what the average cost of installing solar panels is in Brooklyn.

The national average cost of solar panels is $2.66 per watt, but in Brooklyn it's $3 per watt. The average solar panel system size in Brooklyn is around 3.8 kilowatts, meaning a cost of about $7,930 for a solar installation, or $5,868 after the 30% federal solar tax credit is applied.

These figures are only estimates, and your own solar costs will most likely look different based on your energy needs and what company you want to go with. Many homeowners find adopting solar power is a rewarding investment. The average homeowner in Brooklyn can save about $33,000 on their power bills over 20 years.

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 Brooklyn

Year Return on Investment
1 years $-6,596
3 years $-3,929
5 years $-1,262
7 years $1,406
9 years $4,073
11 years $6,740
13 years $9,407
15 years $12,074
17 years $14,741
19 years $17,409
21 years $20,076
23 years $22,743
25 years $25,410

Top Solar Installers in Brooklyn

Trying to put up solar panels by yourself can be a difficult task, which is why hiring a solar installation company is a good option for many homeowners. The expertise that solar companies provide can be valuable as well, especially if you aren't sure what brand of solar equipment you need.

There are various licensed solar professionals that can help you install your solar panels. Here are our suggestions:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

See all of the solar companies in Brooklyn

Factors that Affect Solar Panel Costs in Brooklyn

The cost of installing a solar system in Brooklyn can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar company you choose.

Solar Equipment

When it comes to estimating the cost of a solar panel system in Brooklyn, one of the most important 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 figure out by looking at past energy bills. Your total cost can increase by about $2,950 for each additional kilowatt you need. The brand and kind 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. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.

Solar Financing Terms

Most solar installers in Brooklyn offer solar loans, which reduce the initial cost of installing a solar system. Though solar loans make adopting solar energy more accessible for Brooklyn homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

The solar installation company you choose will impact your total cost to make the switch to solar . Different companies will bill different amounts for the equipment and labor. Larger national companies usually have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.

Solar Panel Cost Data by System Size

System size Cost per system watt Solar system cost 25-Year savings Payback period
6 kW $3.07 $12,886 $39,231 6.2 years
8 kW $3.01 $16,850 $52,639 6.1 years
10 kW $2.95 $20,650 $66,212 5.9 years
12 kW $2.89 $24,284 $79,950 5.8 years
14 kW $2.83 $27,754 $93,853 5.7 years
16 kW $2.77 $31,058 $107,921 5.6 years
18 kW $2.71 $34,196 $122,155 5.5 years
20 kW $2.66 $37,170 $136,553 5.3 years

How to Save on Solar Panels

There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:

  • Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
  • Solar Panel Brands: Different companies will have various brands and models of panels. If you prefer a specific brand, make sure the solar company you're considering has it.
  • Contract: It's important to look over your solar installer's contract well to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
  • Reputation: Companies that have been in business for many years likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

EcoWatch's Brooklyn, NY Solar Cost FAQs

How much does it cost to install solar panels in Brooklyn?

This is a difficult question to answer precisely, because the cost depends on a variety of factors. Generally speaking, it costs about $14,750 for a 5-kW system and $29,500 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you go with a smaller solar panel system or less expensive solar panels.

Should I lease or buy solar panels in Brooklyn?

Leasing solar panels can be an option if you can't afford to pay upfront or secure 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 bang for your buck from going solar.

How much can I save on electricity bills after installing solar panels?

It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Brooklyn, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.

How long do solar panels last in Brooklyn?

Although 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 their energy production will have decreased significantly after that point. You can decide to replace them once you've had 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.

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