Solar Panel Cost Guide in Haverstraw, NY (Jan 2023)
- Haverstraw Solar Installation Cost: $8,756
- 25-Year Savings: $18,344
- Payback Period: 8.1 Years
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Top Solar Installers in Haverstraw
When going solar, many homeowners prefer to use a solar company since DIY solar panel installation can be a challenging project. Local solar companies can also help you maximize your return on investment by walking you through any local incentives you can benefit from and by offering warranties and repairs.
If you're on the hunt for a solar installer in Haverstraw, the EcoWatch team has put together a list of our top suggestions here:
See all of the solar companies in Haverstraw
Factors that Affect Solar Panel Costs in Haverstraw
Though the average cost of a solar system in Haverstraw is $8,756, your final cost may be higher or lower than that. There are several factors that can have a major impact on the cost of a solar system installation. Below are some of the more important things to consider.
When it comes to estimating the cost of solar panels in Haverstraw, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy usage, which you can figure out by looking at past power bills. Your overall cost can increase by about $2,950 for each additional kilowatt you need. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Haverstraw, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system out of pocket is too expensive, solar loans are a solid option because they cut back your upfront costs and let you pay for your system over five to seven years on average. When considering your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The remaining major cost factor you should take into consideration is the installer you choose. Given the booming popularity of renewable energy solutions in Haverstraw, you'll have lots of options to choose from, but each comes at different price points for labor and equipment. Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and choose a company that provides the products, warranties and services you want and also is within your budget.
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||$25,446||8.4 years|
|8 kW||$3.01||$16,850||$34,259||8.2 years|
|10 kW||$2.95||$20,650||$43,236||8.1 years|
|12 kW||$2.89||$24,284||$52,379||7.9 years|
|14 kW||$2.83||$27,754||$61,687||7.8 years|
|16 kW||$2.77||$31,058||$71,161||7.6 years|
|18 kW||$2.71||$34,196||$80,799||7.4 years|
|20 kW||$2.66||$37,170||$90,603||7.3 years|
How to Save on Solar Panels
There are many companies to choose from in Haverstraw, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to do the job well. Another way you can research your installer's reputation is by reading reviews.
- Solar Panel Brands: The brand of solar panel you want to install plays a role in which company you should opt for, since different companies have access to different panels.
- Warranty: Companies typically offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Review the contract terms thoroughly to make sure you understand how much it will cost, project timeline rebates and warranties.
EcoWatch's Haverstraw, 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.