Solar Panel Cost Guide in Holbrook, NY (2025 Update)
- Holbrook Solar Installation Cost: $9,930
- 25-Year Savings: $14,345
- Payback Period: 11.1 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Holbrook
Let’s have a look at the average cost of solar panels in Holbrook.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Holbrook, the typical cost of solar panels is 4 per watt.Using this figure, a typical 3.9-kW system would cost about $9,930 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The actual cost of installing solar panels can vary based on multiple factors, such as how many panels you need, your energy consumption and what solar installer you go with.Despite the significant initial cost, the average Holbrook homeowner can save around $22,000 on their power bills over 20 years, which is one of the advantages of solar.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Holbrook
| Year | Return on Investment |
|---|---|
| 1 years | $-8,405 |
| 3 years | $-5,354 |
| 5 years | $-2,303 |
| 7 years | $747 |
| 9 years | $3,798 |
| 11 years | $6,849 |
| 13 years | $9,899 |
| 15 years | $12,950 |
| 17 years | $16,001 |
| 19 years | $19,051 |
| 21 years | $22,102 |
| 23 years | $25,153 |
| 25 years | $28,204 |
Top Solar Installers in Holbrook
Although you can install solar panels on your own, it requires extra effort and handiness. That's why the majority of homeowners choose to hire a solar panel installer. Plus, if you’d like to maximize your investment in solar power, opting for a solar company can help with that as well. Different providers can offer repairs, expertise on how to install solar panels and sometimes even information on local incentives, rebates and net metering programs.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some nearby:
See all of the solar companies in Holbrook
Factors that Affect Solar Panel Costs in Holbrook
For many Holbrook homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in Holbrook, with typical prices between $20,000 to $40,000. There are a few factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the cost of a solar system in Holbrook, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy consumption, which you can figure out by looking at past power bills. Your overall cost can increase by about $3,650 for each additional kilowatt you need.There are several different solar panel brands and the one you pick also changes the cost. Usually, the brands that have better efficiency tend to also be more expensive. In addition, the type of equipment you choose can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are offered by most installers in Holbrook, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible.Though solar loans make going solar more accessible for Holbrook homeowners, they can also raise 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
The solar company you opt for to handle your switch to green energy can have an effect on your total costs. There are about 3 solar panel companies operating throughout Holbrook, and each can charge varying amounts for labor and equipment.The company’s size can sometimes play the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing due to 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 discount 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 | $3.80 | $15,943 | $18,592 | 11.5 years |
| 8 kW | $3.72 | $20,849 | $25,198 | 11.3 years |
| 10 kW | $3.65 | $25,550 | $32,009 | 11.1 years |
| 12 kW | $3.58 | $30,047 | $39,024 | 10.9 years |
| 14 kW | $3.50 | $34,339 | $46,243 | 10.7 years |
| 16 kW | $3.43 | $38,427 | $53,667 | 10.4 years |
| 18 kW | $3.36 | $42,311 | $61,295 | 10.2 years |
| 20 kW | $3.29 | $45,990 | $69,128 | 10.0 years |
How to Save on Solar Panels
The solar panel company you go with will impact 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, such as:
- Reputation: Companies that have been operating for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Warranty: An all-inclusive, long-term warranty can help keep your solar system running for years to come and save you money on repairs and maintenance.
- Installation Process: Make sure you’re aligned with the company regarding how the installation process will go and what needs to be done before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose affects which solar panel brands you have access to.
EcoWatch's Holbrook, NY Solar Cost FAQs
How much does it cost to install solar panels in Holbrook?
The average cost of solar panels in Holbrook 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 certain factors like the model of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Holbrook?
Leasing solar panels can be an option if you can’t afford 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 financial benefits from going solar.
Is it worth going solar in Holbrook?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and how much direct sunlight your roof gets.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to account for their typical energy usage.
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.