Solar Panel Cost Guide in Darien, NY (Feb 2023)
- Darien Solar Installation Cost: $9,003
- 25-Year Savings: $6,601
- Payback Period: 14.4 Years
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Top Solar Installers in Darien
Installing solar panels on your own can be a stressful undertaking, which is why getting a solar installation company is a good option for many homeowners. The expertise that solar installers provide can be useful as well, especially if you aren't sure what brand of solar equipment would be right for your home.
You can work with a local solar installer to get a free quote on how much solar panels could cost for your home. Here are some in Darien:
See all of the solar companies in Darien
Factors that Affect Solar Panel Costs in Darien
The cost of installing a solar system in Darien can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
The size of the solar panel system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $2,950. There are a lot of different solar panel brands and the one you pick also affects the cost. In many cases, the brands that have better 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 much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for solar panels out of pocket is difficult, solar loans are a solid option because they cut back your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. You'll have to consider the long-term cost of loans, including the total interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
Lastly, the company you get to install your solar panel system can impact how much it costs. Darien's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Darien know more about local solar incentives and can help you make good use 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||$8,576||15.0 years|
|8 kW||$3.01||$16,850||$11,765||14.7 years|
|10 kW||$2.95||$20,650||$15,120||14.4 years|
|12 kW||$2.89||$24,284||$18,639||14.1 years|
|14 kW||$2.83||$27,754||$22,324||13.9 years|
|16 kW||$2.77||$31,058||$26,174||13.6 years|
|18 kW||$2.71||$34,196||$30,189||13.3 years|
|20 kW||$2.66||$37,170||$34,369||13.0 years|
How to Save on Solar Panels
There are numerous companies to choose from in Darien, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Solar Panel Brands: Different companies carry various brands and types of panels. If you want a specific brand, make sure the solar installer you're considering has it.
- Contract: It's important to read your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about your solar system's energy production.
- Warranty: Warranties that cover replacement parts and repairs over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one indication of a quality company.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project completion timeline.
EcoWatch's Darien, 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.