Solar Panel Cost Guide in East Hampton North, NY (2025 Update)
- East Hampton North Solar Installation Cost: $9,930
- 25-Year Savings: $14,345
- Payback Period: 11.1 Years
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Average Cost of Solar Panels in East Hampton North
Let’s have a look at the average cost of solar panels in East Hampton North.
The national average cost of solar panels is $2.66 per watt, but in East Hampton North it’s 4 per watt.Using this figure, a typical 3.9-kW system would cost about $9,930 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The actual cost of going solar can vary quite a bit based on several factors, such as how many panels you need, your energy usage and what solar installer you go with.Despite the large upfront cost, the average East Hampton North homeowner can save about $22,000 on their power bills over 20 years, which is one of the perks of solar.
Click the button below to get connected to a vetted solar company in your area for a custom quote.
Solar savings over time in East Hampton North
Year | Return on Investment |
---|---|
1 years | $-8,405 |
3 years | $-5,354 |
5 years | $-2,303 |
7 years | $747 |
9 years | $3,798 |
11 years | $6,849 |
13 years | $9,899 |
15 years | $12,950 |
17 years | $16,001 |
19 years | $19,051 |
21 years | $22,102 |
23 years | $25,153 |
25 years | $28,204 |
Top Solar Installers in East Hampton North
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Going with an installer can make switching to solar power much easier. Some solar installers, especially local ones, can help you take advantage of incentives in East Hampton North, therefore optimizing your ROI.
If you’d like to make the switch to solar but still aren’t certain which solar installer to go with, here are our recommendations for providers 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 for Leasing
Sunrun
- 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 East Hampton North
Factors that Affect Solar Panel Costs in East Hampton North
Even though the average cost of a solar system in East Hampton North is $9,930, your final cost may be above or below the average. There are many factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
When it comes to estimating the price of a solar panel system in East Hampton North, 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 consumption, which you can gauge by looking at past power bills. Your overall cost can increase by about $3,650 for each additional kilowatt you need.There are several different solar panel brands and the one you pick also changes the cost. Usually, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you choose 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 East Hampton North offer solar loans, which reduce the initial cost of installing a solar system.It’s a good idea to factor the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in East Hampton North is the company you choose to install your solar panel system. Similar to choosing a company to renovate your kitchen, for instance, there’s no shortage of solar installers that provide a range of services for different budgets.Additionally, some companies in East Hampton North are more knowledgeable 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 | $3.80 | $15,943 | $18,592 | 11.5 years |
8 kW | $3.72 | $20,849 | $25,198 | 11.3 years |
10 kW | $3.65 | $25,550 | $32,009 | 11.1 years |
12 kW | $3.58 | $30,047 | $39,024 | 10.9 years |
14 kW | $3.50 | $34,339 | $46,243 | 10.7 years |
16 kW | $3.43 | $38,427 | $53,667 | 10.4 years |
18 kW | $3.36 | $42,311 | $61,295 | 10.2 years |
20 kW | $3.29 | $45,990 | $69,128 | 10.0 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose considerably affects your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Warranty: If you’re worried about the longevity of your solar panels, checking if your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar company, such as what permits you should acquire and what the project timeline is.
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you hire.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years likely offer quality solar panel installation and expertise.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's East Hampton North, NY Solar Cost FAQs
What is the average cost of installing solar panels in East Hampton North?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $18,250 for a 5-kW system and $36,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Are solar panels free in East Hampton North?
A solar panel system isn’t free in East Hampton North, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How will solar panels impact my property value?
Solar panels can increase the value of your home significantly as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average household 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.