Solar Panel Cost Guide in Garden City Park, NY (2025 Update)
- Garden City Park Solar Installation Cost: $9,833
- 25-Year Savings: $19,908
- Payback Period: 8.8 Years
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Average Cost of Solar Panels in Garden City Park
Find out how much it might cost to make the switch to solar in Garden City Park.
The national average cost of solar panels is $2.66 per watt, but in Garden City Park it’s 4 per watt.Since a 3.8-kW system is needed to cover the energy needs of a typical home in Garden City Park, 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 solar panels could cost. The exact cost of going solar can vary based on multiple factors, such as what size system you need, your energy usage and what company you go with.With average savings of about $28,000 on utility bills over 20 years, many homeowners in Garden City Park find going solar can pay off big.
Click the button below to get connected to a top solar installer in your area for a customized quote.
Solar savings over time in Garden City Park
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 Garden City Park
Although you can install solar panels on your own, it requires extra effort and handiness. For that reason, the majority of homeowners choose to hire a solar panel installer. A solar company can also help save you money over the lifespan of your system by providing warranties, repairs and component replacements.
You can get a free estimate from a local solar installer on how much your investment in solar could cost for your home. Here are some near you:
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 Garden City Park
Factors that Affect Solar Panel Costs in Garden City Park
There are many criteria 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 performs the installation.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy 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 around $3,650 per kilowatt in Garden City Park.The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
If paying for a solar system in cash is too expensive, solar loans are a popular choice because they decrease your upfront costs and let you pay for your system over five to seven years on average.When figuring out your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Garden City Park is the company you hire to install your solar system. As with choosing a company to build a deck or pool, for example, there’s no shortage of solar installers that provide a range of services at different costs.Additionally, some companies in Garden City Park are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, 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 | $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
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be a tough decision, we have some tips to help you, such as:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to do the job well. Another way you can check your installer’s reputation is by reading reviews.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose affects which solar panel brands you have access to.
- Contract: It’s important to read through your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
- Warranty: If you’re worried about the longevity of your solar system, verifying that your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
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 Garden City Park, NY Solar Cost FAQs
What is the average cost of installing solar panels in Garden City Park?
The average cost of solar panels in Garden City Park 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 certain factors like the kind of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Garden City Park?
Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
Can you sell solar power back to the grid in Garden City Park?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you 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?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can replace them once you've had them for that long or you can keep using them at a lower efficiency.
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.