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Top Solar Installers in Merrick
Putting up solar panels by yourself can be a dangerous task, which is why using a solar installer is a good option for many homeowners. Companies can also have access to various kinds of the best solar panels and help you pick which one will be best for your home.
There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
See all of the solar companies in Merrick
Factors that Affect Solar Panel Costs in Merrick
While the average cost of solar panels in Merrick is $7,950, your final cost may be above or below the average. There are quite a few factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more important things to consider.
Solar Equipment Size
The size of the solar panel system you need for your household is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $2,950. 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. However, more efficient panels could save you more in the long run on your power bills. In addition, extra products, such as solar batteries, can bump up your total well above the Merrick average.
Solar Financing Terms
If paying for a solar system out of pocket is too expensive, solar loans are an affordable option because they reduce your upfront costs and allow you to pay for your system over five to seven years on average. However, the interest on solar loans also adds to your total costs, so it's important to include that in your estimate as well. You can always bring down the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
A final factor to consider when trying to figure out the cost of solar for your home or business in Merrick is the company you choose to install your solar system. As with 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 costs. You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
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||$20,803||9.6 years|
|8 kW||$3.01||$16,850||$28,068||9.4 years|
|10 kW||$2.95||$20,650||$35,498||9.2 years|
|12 kW||$2.89||$24,284||$43,093||9.0 years|
|14 kW||$2.83||$27,754||$50,853||8.8 years|
|16 kW||$2.77||$31,058||$58,778||8.6 years|
|18 kW||$2.71||$34,196||$66,869||8.5 years|
|20 kW||$2.66||$37,170||$75,125||8.3 years|
Solar Incentives in Merrick
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because choosing a company can be a tough decision, we have some tips to help you, such as:
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Warranty: Each company may offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Although reading through a contract can be tedious, it's important to do it carefully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Solar Panel Brands: The model of solar panel you need plays a role in which installer you should go with, since different companies offer different panels.
EcoWatch's Merrick, 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.