Solar Panel Cost Guide in Lynbrook, NY (2025 Update)
- Lynbrook Solar Installation Cost: $9,833
- 25-Year Savings: $28,301
- Payback Period: 11.5 Years
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Average Cost of Solar Panels in Lynbrook
Let’s have a look at the average cost of solar panels in Lynbrook.
While the national average of solar panels is $2.66 per watt, solar panels in Lynbrook generally cost around 4.To account for the typical energy needs of the average home in Lynbrook, most homeowners require a 3.8-kilowatt system. Using the per-watt figure above, a solar installation costs around $9,833, or $14,061 before the federal solar tax credit of 0 is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy use, the type of equipment you want, your solar contractor and more.But, once you've paid the upfront cost of installation, the payback for most homeowners is usually rewarding, with a net average savings of about $21,000 over 20 years on electricity bills.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Lynbrook
Year | Return on Investment |
---|---|
1 years | $-8,307 |
3 years | $-5,257 |
5 years | $-2,206 |
7 years | $845 |
9 years | $3,896 |
11 years | $6,946 |
13 years | $9,997 |
15 years | $13,048 |
17 years | $16,098 |
19 years | $19,149 |
21 years | $22,200 |
23 years | $25,250 |
25 years | $28,301 |
Top Solar Installers in Lynbrook
Although it's possible to install solar panels by yourself, it requires extra time and expertise. That's why almost all homeowners choose to go with a solar panel installer. The payback period on an investment in solar panels will vary depending on factors like your roof configuration and energy use, but working with a solar installer can shorten it. Your provider will be able to help you apply for incentives available in your area.
If you’d like to go solar but still aren’t sure which solar system installer to go with, here are our recommendations for providers near you:
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 Lynbrook
Factors that Affect Solar Panel Costs in Lynbrook
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few major factors that determine your overall cost in Lynbrook: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
The size of the solar panel system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $3,650. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose 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 in the long run on your electric bills. Additionally, extra products, like solar batteries, can bump up your total well above the Lynbrook average.
Solar Financing Terms
Most solar companies in Lynbrook provide solar loans, which reduce the initial cost of installing solar.However, the interest on solar loans also increases your overall costs, so it’s vital to keep that in mind as well. You can always reduce the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Lynbrook is the company you get to install your PV system. Similar to choosing a company to build a deck or pool, for example, there are plenty of solar installers that provide a range of services at different price points.Additionally, some companies in Lynbrook know more about local solar incentives and can help you make good use 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 | $3.80 | $15,943 | $17,349 | 12.0 years |
8 kW | $3.72 | $20,849 | $23,541 | 11.7 years |
10 kW | $3.65 | $25,550 | $29,938 | 11.5 years |
12 kW | $3.58 | $30,047 | $36,538 | 11.3 years |
14 kW | $3.50 | $34,339 | $43,343 | 11.1 years |
16 kW | $3.43 | $38,427 | $50,353 | 10.8 years |
18 kW | $3.36 | $42,311 | $57,567 | 10.6 years |
20 kW | $3.29 | $45,990 | $64,985 | 10.4 years |
How to Save on Solar Panels
There are numerous companies available in Lynbrook, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Contract: Although reading through a contract can take a lot of time, it’s important to do it thoroughly so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to install your solar system. Another way you can check your installer’s reputation is by reading reviews.
- Solar Panel Brands: The kind of solar panel you need to get plays a part in which company you should opt for, since different companies have access to different panels.
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 Lynbrook, NY Solar Cost FAQs
What is the average cost of installing solar panels in Lynbrook?
The average cost of solar panels in Lynbrook 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 such as the model of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Lynbrook?
Leasing solar panels can be an attractive choice, because it often comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better option if you want to maximize your savings.
Does Lynbrook have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future energy bills.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them after having them for that long or you can keep using them at a lower efficiency.
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.