Solar Panel Cost Guide in Dix Hills, NY (Aug 2022)
- Dix Hills Solar Installation Cost: $8,492
- 25-Year Savings: $13,879
- Payback Period: 9.5 Years
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Updated 7/19/2022
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Average Cost of Solar Panels in Dix Hills
We go over average solar pricing in Dix Hills.
Although the national average of solar panels is $2.66 per watt, solar panels in Dix Hills generally cost about $3. Using this figure, a typical 3.9 would cost about $8,492 before the federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll pay for solar may vary based on your household energy consumption, the type of equipment you want to get, your solar contractor and more. For many homeowners, the upfront investment in solar panels is worth paying. On average Dix Hills homeowners see about $22,000 in savings on utility bills over 20 years.
To see your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Dix Hills
Year | Return on Investment |
---|---|
1 years | $-7,597 |
3 years | $-5,807 |
5 years | $-4,018 |
7 years | $-2,228 |
9 years | $-438 |
11 years | $1,351 |
13 years | $3,141 |
15 years | $4,931 |
17 years | $6,720 |
19 years | $8,510 |
21 years | $10,300 |
23 years | $12,089 |
25 years | $13,879 |
Top Solar Installers in Dix Hills
Although it's possible to install solar panels on your own, it takes extra time and handiness. That's why most homeowners choose to go with a solar panel installer. Local solar installation companies can also help you maximize your return on investment by assisting with any local incentives and by providing warranties and repairs.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some nearby:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
The Green Panel
- 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 Dix Hills
Factors that Affect Solar Panel Costs in Dix Hills
The cost of installing a solar system in Dix Hills can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment Size
When it comes to estimating the price of a solar energy system in Dix Hills, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy usage, which you can determine by looking at past electricity bills. Your overall cost can increase by around $2,950 for each additional kilowatt you need. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your energy bills. Additionally, extra products, such as solar batteries, can bring your total well above the Dix Hills average.
Solar Financing Terms
Most solar companies in Dix Hills provide solar loans, which reduce your upfront costs of installing solar. When figuring out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
A final factor to keep in mind when trying to estimate the cost of solar for your home or business in Dix Hills is the company you hire to install your PV system. As with choosing a company to install new cabinets, for instance, you'll have no shortage of solar installers that offer a range of services at different price points. The company's size can sometimes play the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger companies.
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 | $13,622 | $20,913 | 9.9 years |
8 kW | $3.01 | $17,813 | $28,234 | 9.7 years |
10 kW | $2.95 | $21,830 | $35,729 | 9.5 years |
12 kW | $2.89 | $25,672 | $43,399 | 9.3 years |
14 kW | $2.83 | $29,340 | $51,243 | 9.1 years |
16 kW | $2.77 | $32,832 | $59,262 | 8.9 years |
18 kW | $2.71 | $36,150 | $67,456 | 8.7 years |
20 kW | $2.66 | $39,294 | $75,824 | 8.5 years |
Solar Incentives in Dix Hills
Name | Residential Solar Tax Credit |
Incentive Amount | 25% for solar-electric (PV) and solar-thermal systems; for third-party owned systems this is in reference to the aggregate amount owed under the contract rather than the amount owed in any single year |
Incentive Max | $5,000 for solar-energy systems |
Website | Visit here |
More Info | Click here |
Name | ITC |
Type | Tax Incentive |
Incentive Amount | 26% of installation cost |
Website | Visit here |
Name | Local Option - Real Property Tax Exemption for Green Buildings |
Incentive Amount | Upon local adoption, 20% - 100% of real property taxes owed; varies by year and certification level |
Website | Visit here |
More Info | Click here |
Name | NY-Sun PV Incentive Program (Residential, Low-Income, and Small Business) |
Incentive Amount | Incentive rates step down over time as MW goals are met. Incentive rates as of 11/27/2019 are: Residential: Long Island Region: $0.00/W (MW blocks have been fully subscribed) Con Edison Region: $0.30/W Upstate Region: $0.35/W Low-to-Moderate income customers: $0.80/W (up to 10 kW) Small Commercial (Non-Residential):Long Island Region: $0.00/W (MW blocks have been fully subscribed) Con Edison Region: $0.60/W Up State Region: $0.45/W Multifamily Affordable Housing Adder: additional $0.40/W (up to 50 kW) |
Website | Visit here |
More Info | Click here |
Name | Home Performance with ENERGY STAR |
Website | Visit here |
More Info | Click here |
Name | NY Green Bank |
Website | Visit here |
More Info | Click here |
Name | Local Option - Solar Sales Tax Exemption |
Incentive Amount | Upon local authorization, 100% exemption from local sales tax |
More Info | Click here |
Name | Solar Sales Tax Exemption |
Incentive Amount | 100% exemption from state sales tax |
Website | Visit here |
More Info | Click here |
Name | Energy Conservation Improvements Property Tax Exemption |
Incentive Amount | 100% of the value added to the residence by the improvements |
Website | Visit here |
More Info | Click here |
Name | NY-Sun Loan Program |
Website | Visit here |
More Info | Click here |
Name | Local Option - Solar, Wind & Biomass Energy Systems Exemption |
Incentive Amount | 100% exemption for 15 years (unless local jurisdiction has opted out) |
Website | Visit here |
More Info | Click here |
How to Save on Solar Panels
The company that does your solar panel 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 difficult, we have some tips to help you, such as:
- Warranty: Many companies offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the project completion timeline.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you go with.
- Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. Two 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 positive reviews from past customers.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
The Green Panel
- 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 Dix Hills, NY Solar Cost FAQs
What is the average cost of installing solar panels in Dix Hills?
This is a difficult question to answer precisely, because the cost depends on a variety of factors. Broadly 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 cost more if you want other solar equipment or higher quality panels, or if you have above-average energy consumption. Conversely, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Are solar panels free in Dix Hills?
You can't get solar panels for free in Dix Hills. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Does Dix Hills have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future power bills.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.