Solar Panel Cost Guide in Cedarhurst, NY (2024 Update)

  • Cedarhurst Solar Installation Cost: $9,833
  • 25-Year Savings: $19,908
  • Payback Period: 8.8 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Cedarhurst

Let’s take a look at the average cost of solar panels in Cedarhurst.

The average cost of a solar panel system in Cedarhurst is 4 per watt.Because a 3.8-kW system is needed to cover the energy usage of a typical home in Cedarhurst, the average price of going solar will be about $9,833 after claiming the federal solar tax credit of 0.

The prices above are just estimates to give you an idea of how much a solar panel system could cost. The actual cost of installing solar panels can vary quite a bit based on several factors, such as what size system you need, your energy consumption and what solar installer you go with.But, once you've paid the initial cost of installation, the payback for most homeowners is usually fruitful, with a net average savings of about $28,000 over 20 years on energy bills.

To get a free estimate from a vetted solar installer in Cedarhurst, you can click the button below.

Solar savings over time in Cedarhurst

Year Return on Investment
1 years $-7,953
3 years $-4,194
5 years $-434
7 years $3,325
9 years $7,085
11 years $10,844
13 years $14,603
15 years $18,363
17 years $22,122
19 years $25,881
21 years $29,641
23 years $33,400
25 years $37,160

Top Solar Installers in Cedarhurst

Many homeowners choose to use a solar installer since figuring out how to install solar panels on your own can be challenging. Companies can also provide access to quality options of the best solar panels and help you decide which one will be right for your home.

Working with a professional solar installer can make going solar easier. Here are our recommendations:

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 for Leasing

Sunrun

★★★★★
4.0

  • 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 Cedarhurst

Factors that Affect Solar Panel Costs in Cedarhurst

There are a number of factors that can influence your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.

Solar Equipment

The size of the solar system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $3,650. There are many different solar panel brands and the one you pick also changes the cost. Generally, the brands that have better efficiency tend to also cost more. In addition, the type of equipment you’re looking to get can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

Most solar installers in Cedarhurst have solar loans, which reduce the initial cost of installing a solar system.However, the interest on solar loans also adds to your all-in costs, so it’s important to consider that as well. You can always reduce the total you pay in interest and sometimes even your APR by making a larger down payment.

Solar Panel Installation Company

The final key cost factor you should consider is the installer you choose. Given the booming popularity of sustainable energy solutions in Cedarhurst, you’ll have a great number of options to choose from, but each comes at different price points for labor and equipment.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and find a company that offers the products, warranties and services you’re looking for and also fit into your budget.

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 $27,486 9.2 years
8 kW $3.72 $20,849 $37,056 9.0 years
10 kW $3.65 $25,550 $46,832 8.8 years
12 kW $3.58 $30,047 $56,811 8.6 years
14 kW $3.50 $34,339 $66,995 8.5 years
16 kW $3.43 $38,427 $77,383 8.3 years
18 kW $3.36 $42,311 $87,976 8.1 years
20 kW $3.29 $45,990 $98,773 7.9 years

How to Save on Solar Panels

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

  • Solar Panel Brands: Different companies have various brands and types of panels. If you know you want a specific brand, make sure the solar installer you’re considering has it.
  • Installation Process: When making the switch to solar energy, it’s crucial to keep an open line of communication with your solar panel installer. Make sure you understand how the installation process will go and the project completion timeline.
  • Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
  • Warranty: A comprehensive, 25-year warranty can help keep your solar system running for years to come and save you money on part replacement and repairs.

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 for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

EcoWatch's Cedarhurst, NY Solar Cost FAQs

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

The average cost of solar panels in Cedarhurst 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 stuff such as the type of solar panels you want, what size system you need and how much energy you consume.

Is cost the most important thing to keep in mind when buying solar panels?

The upfront cost is a key factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In areas 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.

Do solar panels increase how much your home is worth?

Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Cedarhurst is currently $1,005,229, which means you could be looking at a value of about $41,214 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Cedarhurst is a rewarding investment.

What solar power system size is right for my home?

To figure out how many solar panels you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.

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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