Solar Panel Cost Guide in Maybrook, NY (Dec 2022)

  • Maybrook Solar Installation Cost: $8,941
  • 25-Year Savings: $13,059
  • Payback Period: 10.2 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Maybrook

See how much it might cost to go solar in Maybrook.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Maybrook, the typical cost of a solar system is $3 per watt. To account for the typical energy usage of the average home in Maybrook, most homeowners require a 4.3-kilowatt system. Using the per-watt figure above, a solar installation costs around $8,941, or $6,616 after the federal solar tax credit of 30% is applied.

These figures are only estimates, and your own solar costs will vary based on the amount of energy your home requires and what company you choose to go with. Despite the large initial cost, the average Maybrook homeowner can save about $19,000 on their energy bills over 20 years, which is one of the perks of solar.

To receive a free quote from a vetted solar installation company in Maybrook, you can click the button below.

Solar savings over time in Maybrook

Year Return on Investment
1 years $-8,061
3 years $-6,301
5 years $-4,541
7 years $-2,781
9 years $-1,021
11 years $739
13 years $2,499
15 years $4,259
17 years $6,019
19 years $7,779
21 years $9,539
23 years $11,299
25 years $13,059

Top Solar Installers in Maybrook

Many homeowners opt for a solar installer since trying to install solar panels yourself can be challenging. Some solar companies, particularly local ones, can help you better understand incentives in Maybrook, thereby optimizing your ROI.

If you'd like to make the switch to solar but still aren't sure which solar system installer to go with, here are our recommendations for providers near you:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

See all of the solar companies in Maybrook

Factors that Affect Solar Panel Costs in Maybrook

There are several factors that can play into your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.

Solar Equipment

Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. For that reason, it's crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use. Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Maybrook, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

Most solar companies in Maybrook provide solar loans, which reduce the initial cost of installing solar. However, the interest on solar loans also adds to your total costs, so it's crucial to consider that as well. You can always reduce the total you pay in interest and sometimes even your APR by putting more money down.

Solar Panel Installation Company

A final consideration when trying to evaluate the cost of solar for your home or business in Maybrook is the company you hire to install your solar system. As with choosing a company to install new cabinets, for instance, there are plenty of solar installers that offer a range of services at different price points. The company's size can sometimes play the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of greater 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 promotion can bring their pricing down 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 $17,615 10.6 years
8 kW $3.01 $16,850 $23,818 10.4 years
10 kW $2.95 $20,650 $30,185 10.2 years
12 kW $2.89 $24,284 $36,718 10.0 years
14 kW $2.83 $27,754 $43,416 9.7 years
16 kW $2.77 $31,058 $50,279 9.5 years
18 kW $2.71 $34,196 $57,307 9.3 years
20 kW $2.66 $37,170 $64,500 9.1 years

How to Save on Solar Panels

There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:

  • Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
  • Contract: Review the contract terms carefully to make sure you understand the overall cost, completion timeline rebates and warranties.
  • Warranty: If you care about the durability of your solar energy system, checking if your installer offers a 25-year, all-inclusive warranty can help put you at ease.
  • Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. Even though there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to ask for their list of options before deciding.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

EcoWatch's Maybrook, NY Solar Cost FAQs

How much does it cost to install solar panels in Maybrook?

This is a hard question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $14,750 for a 5-kW system and $29,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have above-average energy consumption. On the other hand, you can spend less if you go with a smaller solar panel system or less expensive solar panels.

Should I lease or buy solar panels in Maybrook?

Leasing solar panels can be an appealing choice, because it typically comes with low or $0 upfront payments. The drawback 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 way to go if you want to maximize your savings.

Can you sell solar power back to the grid in Maybrook?

The majority of states offer net metering programs of some kind. Through these, you can be compensated for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.

How many solar panels should I get to power my home?

To figure out how many solar panels 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 generally 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.

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