Solar Panel Cost Guide in Heritage Hills, NY (2023 Update)
- Heritage Hills Solar Installation Cost: $8,645
- 25-Year Savings: $6,155
- Payback Period: 14.6 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Heritage Hills
Let's have a look at the average cost of solar panels in Heritage Hills.
Although the national average of solar panels is $2.66 per watt, solar panels in Heritage Hills typically cost about 2.95. To cover the typical energy usage of the average home in Heritage Hills, most homeowners require a 4.2-kilowatt system. Using the per-watt figure above, a solar installation costs around $8,652, or $12,372 before the federal solar tax credit of 30% is applied.
These figures are just estimates, and the cost of going solar for you may look different based on the amount of energy your home requires and what company you want to go with. Despite the significant initial cost, the average Heritage Hills homeowner can save around $13,000 on their power bills over 20 years, which is one of the positives of solar.
Click the button below to get connected to a highly rated solar panel company in your area for a custom quote.
Solar savings over time in Heritage Hills
| Year | Return on Investment |
|---|---|
| 1 years | $-7,819 |
| 3 years | $-6,167 |
| 5 years | $-4,515 |
| 7 years | $-2,863 |
| 9 years | $-1,211 |
| 11 years | $440 |
| 13 years | $2,092 |
| 15 years | $3,744 |
| 17 years | $5,396 |
| 19 years | $7,048 |
| 21 years | $8,700 |
| 23 years | $10,351 |
| 25 years | $12,003 |
Top Solar Installers in Heritage Hills
When switching to solar energy, many homeowners prefer to use a solar installation company since putting up a solar system yourself can be a time-consuming project. The expertise that solar companies provide can be invaluable as well, particularly if you aren't sure what kind of solar equipment you need.
There are various licensed solar professionals that can help you install your solar system. Here are our suggestions:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Heritage Hills
Factors that Affect Solar Panel Costs in Heritage Hills
For many Heritage Hills homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in Heritage Hills, with typical prices between $20,000 to $40,000. There are several factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,950. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Heritage Hills, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don't have a lot of 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
Most solar companies in Heritage Hills offer solar loans, which reduce your upfront costs of installing solar. While solar loans make going solar more accessible for Heritage Hills homeowners, they can also add to the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
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 Heritage Hills is the company you hire to install your PV system. As with choosing a company to renovate your kitchen, for example, there are plenty of solar installers that provide a range of services at different costs. The size of the company can sometimes play the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower 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 | $12,886 | $8,326 | 15.2 years |
| 8 kW | $3.01 | $16,850 | $11,432 | 14.9 years |
| 10 kW | $2.95 | $20,650 | $14,703 | 14.6 years |
| 12 kW | $2.89 | $24,284 | $18,139 | 14.3 years |
| 14 kW | $2.83 | $27,754 | $21,741 | 14.0 years |
| 16 kW | $2.77 | $31,058 | $25,507 | 13.7 years |
| 18 kW | $2.71 | $34,196 | $29,439 | 13.4 years |
| 20 kW | $2.66 | $37,170 | $33,536 | 13.1 years |
How to Save on Solar Panels
The solar company you opt for will affect not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should consider, including:
- Contract: Even though reading through a contract can be tedious, it's important to do it carefully so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be done and how long it will take.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose plays a role in which solar panel brands you have access to.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to install your solar system. Another way you can look into your installer's reputation is by reading reviews.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Heritage Hills, NY Solar Cost FAQs
How much does it cost to install solar panels in Heritage Hills?
This is a hard 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. You can expect to pay more if you want extra solar equipment or more efficient panels, or if you have above-average energy needs. On the flip side, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Heritage Hills?
You can't get solar panels for free in Heritage 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'd rather own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Heritage Hills?
Solar panels can be a beneficial investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your energy bills are already fairly low, solar panels might not be for you.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount 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.