Solar Panel Cost Guide in Hewlett, NY (2023 Update)
- Hewlett Solar Installation Cost: $7,947
- 25-Year Savings: $13,988
- Payback Period: 9.1 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Hewlett
Let's have a look at the average cost of solar panels in Hewlett.
The average cost of a solar panel system in Hewlett is 2.95 per watt. The average solar panel system size in Hewlett is around 3.9 kilowatts, meaning a cost of about $7,950 for a solar installation, or $11,368 before the 30% federal solar tax credit is applied.
The true cost of your system can be higher or lower than the average in Hewlett depending on several factors, such as the model of solar panels you choose and the solar company you hire. But, once you've paid the upfront cost of installation, the ROI for most homeowners is usually good, with a net average savings of about $22,000 over 20 years on electricity bills.
To receive a free estimate from a top solar company in Hewlett, you can click the button below.
Solar savings over time in Hewlett
| Year | Return on Investment |
|---|---|
| 1 years | $-7,874 |
| 3 years | $-7,728 |
| 5 years | $-7,581 |
| 7 years | $-7,435 |
| 9 years | $-7,289 |
| 11 years | $-7,143 |
| 13 years | $-6,996 |
| 15 years | $-6,850 |
| 17 years | $-6,704 |
| 19 years | $-6,558 |
| 21 years | $-6,411 |
| 23 years | $-6,265 |
| 25 years | $-6,119 |
Top Solar Installers in Hewlett
Although you can install solar panels by yourself, it requires extra labor and knowledge. That's why almost all homeowners choose to go with a solar panel installer. Plus, if you're not certain what brand of solar panels and equipment you may need, a solar expert can help you find the right equipment for you after a site survey and consultation.
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 in Hewlett:
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 Hewlett
Factors that Affect Solar Panel Costs in Hewlett
Cost is typically one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that determine your overall cost in Hewlett: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. Because of that, it's a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use. The brand and type of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag 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 out of pocket is difficult, solar loans are an affordable route because they lower your upfront costs and let you pay for your system over five to seven years on average. It's wise to factor the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it'll take to pay off the loan.
Solar Panel Installation Company
The solar company you choose to handle your switch to solar energy can play a part in your total costs. There are about 3 solar panel companies operating throughout Hewlett, and each can charge varying amounts for labor and equipment. The company's size sometimes plays the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger names.
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 | $21,313 | 9.4 years |
| 8 kW | $3.01 | $16,850 | $28,748 | 9.2 years |
| 10 kW | $2.95 | $20,650 | $36,348 | 9.1 years |
| 12 kW | $2.89 | $24,284 | $44,113 | 8.9 years |
| 14 kW | $2.83 | $27,754 | $52,043 | 8.7 years |
| 16 kW | $2.77 | $31,058 | $60,139 | 8.5 years |
| 18 kW | $2.71 | $34,196 | $68,400 | 8.3 years |
| 20 kW | $2.66 | $37,170 | $76,826 | 8.2 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be difficult, 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 sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can look into your installer's reputation is by reading reviews.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should secure and how long the project will take.
- Contract: Even though reading through a contract can be tedious, it's important to do it carefully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Solar Panel Brands: Different companies will offer different brands and kinds of panels. If you know you want a specific brand, make sure the solar company you're considering has it.
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 Hewlett, NY Solar Cost FAQs
How much does it cost to install solar panels in Hewlett?
The average cost of solar panels in Hewlett is about $14,750 for a 5-kW system and $29,500 for a 10-kW system before the ITC, but the actual cost will depend on things like the kind of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Hewlett?
A solar panel system isn't free in Hewlett, but there are some options that can make getting them more feasible, 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 much can I save on electricity bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,139.96 per year.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires 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 house 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.