Solar Panel Cost Guide in Herricks, NY (2025 Update)
- Herricks Solar Installation Cost: $9,833
- 25-Year Savings: $18,080
- Payback Period: 9.4 Years
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Average Cost of Solar Panels in Herricks
We break down average solar pricing in Herricks.
The average cost of a solar system in Herricks is 4 per watt.Using this figure, a typical 3.8-kW system would cost about $9,833 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Herricks homeowners. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.For most homeowners, the upfront cost of solar power is worth paying. On average you could be looking at about $26,000 in savings on utility bills over 20 years.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Herricks
| Year | Return on Investment |
|---|---|
| 1 years | $-8,130 |
| 3 years | $-4,725 |
| 5 years | $-1,320 |
| 7 years | $2,085 |
| 9 years | $5,490 |
| 11 years | $8,895 |
| 13 years | $12,300 |
| 15 years | $15,705 |
| 17 years | $19,110 |
| 19 years | $22,515 |
| 21 years | $25,920 |
| 23 years | $29,325 |
| 25 years | $32,730 |
Top Solar Installers in Herricks
Installing solar panels yourself can be a stressful undertaking, which is why hiring a solar installer is a good option for many homeowners. Local solar installation companies can also help you optimize your return on investment by assisting with any local incentives you can take advantage of and by offering warranties and repairs.
You can work with a local solar installer to get a free quote on how much your investment in solar 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 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 Herricks
Factors that Affect Solar Panel Costs in Herricks
There are many factors that can determine your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,650.The brand of solar panels and equipment you want is another factor that will greatly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Further, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking for a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are provided by most installers in Herricks, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more affordable.It’s a good idea to factor the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
The solar installer you select will influence your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor.Larger national companies typically have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric car charger installation, they might be cheaper overall.
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 | $24,636 | 9.8 years |
| 8 kW | $3.72 | $20,849 | $33,256 | 9.6 years |
| 10 kW | $3.65 | $25,550 | $42,081 | 9.4 years |
| 12 kW | $3.58 | $30,047 | $51,111 | 9.3 years |
| 14 kW | $3.50 | $34,339 | $60,344 | 9.1 years |
| 16 kW | $3.43 | $38,427 | $69,783 | 8.9 years |
| 18 kW | $3.36 | $42,311 | $79,425 | 8.7 years |
| 20 kW | $3.29 | $45,990 | $89,272 | 8.5 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Herricks, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Installation Process: When going solar, it’s necessary to keep an open line of communication with your solar installer. Confirm that you understand how the installation process works and the project timeline.
- Contract: Review the contract terms thoroughly to make sure you understand the total cost, project completion timeline rebates and warranties.
- Warranty: If you care about the endurance of your solar panels, making sure your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. Even though there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you peruse their list of options before making your decision.
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 Herricks, NY Solar Cost FAQs
How much does it cost to install solar panels in Herricks?
The average cost of solar panels in Herricks is about $18,250 for a 5-kW system and $36,500 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Herricks?
Most states offer net metering programs of some kind. Through these, you can either be compensated for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually 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.