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Top Solar Installers in Larchmont
Although it's possible to install solar panels by yourself, it requires extra energy and know-how. Because of that, most people choose to go with a solar panel installer. Local solar installation companies can also help you maximize your return on investment by walking you through any local incentives you can take advantage of and by offering warranties and repairs.
If you'd like to make the switch to solar but still aren't sure which solar company to go with, here are our recommendations for providers in Larchmont:
See all of the solar companies in Larchmont
Factors that Affect Solar Panel Costs in Larchmont
There are many factors that can determine your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment Size
When it comes to estimating the cost of a solar system in Larchmont, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy consumption, which you can determine by looking at past electricity bills. Your overall cost can increase by around $2,950 for each additional kilowatt you need. The brand of solar panels and equipment you want is another factor that will significantly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more expensive. Moreover, solar equipment consists of more than just the solar panels themselves. You'll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That's why many Larchmont homeowners decide to finance their solar panel systems to make paying for solar more affordable. However, the interest on solar loans also increase your total costs, so it's important to keep that in mind as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The final key cost factor you should take into consideration is the installer you choose. Given the booming popularity of clean energy solutions in Larchmont, you'll have plenty of options to choose from, but each comes at varying price points for labor and equipment. Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and find a company that offers the products, warranties and services you want and also fits 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||$13,622||$34,162||7.1 years|
|8 kW||$3.01||$17,813||$45,898||7.0 years|
|10 kW||$2.95||$21,830||$57,809||6.9 years|
|12 kW||$2.89||$25,672||$69,895||6.7 years|
|14 kW||$2.83||$29,340||$82,155||6.6 years|
|16 kW||$2.77||$32,832||$94,590||6.4 years|
|18 kW||$2.71||$36,150||$107,200||6.3 years|
|20 kW||$2.66||$39,294||$119,984||6.2 years|
Solar Incentives in Larchmont
|Name||Residential Solar Tax Credit|
|Incentive Amount||25% for solar-electric (PV) and solar-thermal systems; for third-party owned systems this is in reference to the aggregate amount owed under the contract rather than the amount owed in any single year|
|Incentive Max||$5,000 for solar-energy systems|
|More Info||Click here|
|Name||NY-Sun PV Incentive Program (Residential, Low-Income, and Small Business)|
|Incentive Amount|| Incentive rates step down over time as MW goals are met. Incentive rates as of 11/27/2019 are: |
Long Island Region: $0.00/W (MW blocks have been fully subscribed)
Con Edison Region: $0.30/W
Upstate Region: $0.35/W
Low-to-Moderate income customers: $0.80/W (up to 10 kW)
Small Commercial (Non-Residential):Long Island Region: $0.00/W (MW blocks have been fully subscribed)
Con Edison Region: $0.60/W
Up State Region: $0.45/W
Multifamily Affordable Housing Adder: additional $0.40/W (up to 50 kW)
|More Info||Click here|
|Name||Local Option - Solar Sales Tax Exemption|
|Incentive Amount||Upon local authorization, 100% exemption from local sales tax|
|More Info||Click here|
How to Save on Solar Panels
The solar panel company you opt for will impact not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should keep in mind, including:
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you hire.
- Contract: When looking through your solar installer's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
- Reputation: Companies that have been in business for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you should know with your solar company, such as what permits you should acquire and how long the project will take.
EcoWatch's Larchmont, 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.