Solar Panel Cost Guide in Center Moriches, NY (Jan 2023)
- Center Moriches Solar Installation Cost: $8,033
- 25-Year Savings: $14,338
- Payback Period: 9.0 Years
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Top Solar Installers in Center Moriches
Many homeowners opt for a solar panel installer since trying to install solar panels by yourself can be time-consuming. Some solar installers, particularly local ones, can help you take advantage of incentives in Center Moriches, thereby optimizing your ROI.
If you're looking for a solar company in Center Moriches, we've put together a list of our top suggestions here:
See all of the solar companies in Center Moriches
Factors that Affect Solar Panel Costs in Center Moriches
Cost is typically one of the most important factors for homeowners wanting to invest in solar. There are a few major factors that determine your overall cost in Center Moriches: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to spend about $2,950 per kilowatt in Center Moriches. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your electric bills. In addition, add-on products, such as solar batteries, can bring your total well above the Center Moriches average.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are offered by most installers in Center Moriches, which can lower, or in some cases totally eliminate, your upfront costs to make solar more affordable. Though solar loans make going solar more accessible for Center Moriches homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The final major cost factor you should consider is the installer you choose. Given the booming popularity of green energy solutions in Center Moriches, you'll have a great number of options to choose from, but each comes at different price points for labor and equipment. Additionally, some companies in Center Moriches have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, 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||$3.07||$12,886||$21,650||9.3 years|
|8 kW||$3.01||$16,850||$29,197||9.1 years|
|10 kW||$2.95||$20,650||$36,909||9.0 years|
|12 kW||$2.89||$24,284||$44,786||8.8 years|
|14 kW||$2.83||$27,754||$52,829||8.6 years|
|16 kW||$2.77||$31,058||$61,037||8.4 years|
|18 kW||$2.71||$34,196||$69,410||8.3 years|
|20 kW||$2.66||$37,170||$77,948||8.1 years|
How to Save on Solar Panels
The solar company you opt for will impact not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should consider, such as:
- Warranty: Warranties that cover replacement parts and repairs over around 25 years are the gold standard in the business, and offering such a warranty is one sign of a quality company.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
- Contract: When looking through your solar installer's contract, ask for clarification 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.
- 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.
EcoWatch's Center Moriches, NY Solar Cost FAQs
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.