Solar Panel Cost Guide in Lewiston, NY (Feb 2023)
- Lewiston Solar Installation Cost: $8,590
- 25-Year Savings: $7,617
- Payback Period: 13.2 Years
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Top Solar Installers in Lewiston
Installing solar panels yourself can be a challenging task, which is why getting a solar installation company is a good option for many homeowners. Companies can also provide access to a large variety of the best solar panels and help you decide which one will be right for you.
If you're searching for a solar installer in Lewiston, the EcoWatch team has organized a list of our top suggestions here:
See all of the solar companies in Lewiston
Factors that Affect Solar Panel Costs in Lewiston
Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few key factors that will push your cost above or below the average in Lewiston: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to pay about $2,950 per kilowatt in Lewiston. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more over time on your electric bills. In addition, extra products, like solar batteries, can bring your total well above the Lewiston average.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are available from most installers in Lewiston, which can lower, or in some cases eliminate, your upfront costs to make solar more affordable. Although solar loans make going solar more accessible for Lewiston homeowners, they can also increase the total you pay for your system due to interest. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The last major cost factor you should keep in mind is the installer you choose. Given the booming popularity of sustainable energy solutions in Lewiston, you'll have many options to choose from, but each comes at varying price points for labor and equipment. Additionally, some companies in Lewiston are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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||$10,493||13.8 years|
|8 kW||$3.01||$16,850||$14,321||13.5 years|
|10 kW||$2.95||$20,650||$18,314||13.2 years|
|12 kW||$2.89||$24,284||$22,472||13.0 years|
|14 kW||$2.83||$27,754||$26,796||12.7 years|
|16 kW||$2.77||$31,058||$31,285||12.5 years|
|18 kW||$2.71||$34,196||$35,939||12.2 years|
|20 kW||$2.66||$37,170||$40,758||11.9 years|
How to Save on Solar Panels
Since the kind of solar panels and the installation company you choose has an impact on your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: Review the contract terms thoroughly to make sure you understand the cost breakdown, project completion timeline rebates and warranties.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to do the job well. Another way you can verify your installer's reputation is by reading reviews.
- Solar Panel Brands: Different companies have various brands and types of panels. If you prefer a specific brand, make sure the solar panel installer you're considering has it.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
EcoWatch's Lewiston, 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.