Solar Panel Cost Guide in North Babylon, NY (Nov 2022)

  • North Babylon Solar Installation Cost: $8,033
  • 25-Year Savings: $14,338
  • Payback Period: 9.0 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in North Babylon

We break down average solar pricing in North Babylon.

In North Babylon, solar panels cost about $3 per watt on average. To account for the typical energy usage of the average home in North Babylon, most homeowners require a 3.9-kilowatt system. Using the per-watt figure above, a solar installation costs around $8,033, or $5,944 after the federal solar tax credit of 30% is applied.

How much you pay can go higher or lower than the average in North Babylon based on a few factors, such as the brand of solar panels you choose and the solar company you hire. With typical savings of about $22,000 on power bills over 20 years, many homeowners in North Babylon find going solar has a decent ROI.

To get a free quote from a pre-vetted solar installer in North Babylon, you can click the button below.

Solar savings over time in North Babylon

Year Return on Investment
1 years $-7,138
3 years $-5,348
5 years $-3,559
7 years $-1,769
9 years $21
11 years $1,810
13 years $3,600
15 years $5,390
17 years $7,179
19 years $8,969
21 years $10,759
23 years $12,548
25 years $14,338

Top Solar Installers in North Babylon

When making the switch to solar, many homeowners opt to use a solar installer since DIY solar panel installation can be a challenging project. A solar installer can also help save you money over the lifespan of your system by providing warranties, repairs and component replacements.

If you'd like to start using solar energy but still aren't certain which solar panel company to go with, here are our recommendations for providers nearby:

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 North Babylon

Factors that Affect Solar Panel Costs in North Babylon

Though the average cost of solar panels in North Babylon is $8,033, your actual cost may be higher or lower than that. There are several factors that can have a significant impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.

Solar Equipment

When it comes to estimating the cost of a solar system in North Babylon, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy consumption, which you can determine by looking at past power bills. Your overall cost can increase by about $2,950 for each additional kilowatt you need. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like North Babylon, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, 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

If paying for a solar system out of pocket is difficult, solar loans are a solid option because they decrease your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. However, the interest on solar loans also adds to your overall costs, so it's vital to include that in your estimate as well. You can always lower the total you pay in interest and possibly even your APR by making a larger down payment.

Solar Panel Installation Company

The solar panel installation company you select will influence your total cost to go solar. Different companies will charge different amounts for the equipment and labor. You may notice national solar installers that have lower prices due to their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.

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 $21,650 9.3 years
8 kW $3.01 $16,850 $29,197 9.1 years
10 kW $2.95 $20,650 $36,909 9.0 years
12 kW $2.89 $24,284 $44,786 8.8 years
14 kW $2.83 $27,754 $52,829 8.6 years
16 kW $2.77 $31,058 $61,037 8.4 years
18 kW $2.71 $34,196 $69,410 8.3 years
20 kW $2.66 $37,170 $77,948 8.1 years

How to Save on Solar Panels

The solar installer you opt for will affect not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should take into account, such as:

  • Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like the EcoWatch team.
  • Warranty: Warranties that provide coverage for defective panels and repairs over a long period of time such as 25 years are the gold standard in the business, and offering that kind of warranty is one sign of a quality company.
  • Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you go with.
  • Contract: It's important to read your solar installer's contract fully to understand what services they will provide, what the warranty covers and what you can expect about the installation process.

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 North Babylon, NY Solar Cost FAQs

How much does it cost to install solar panels in North Babylon?

The average cost of solar panels in North Babylon is about $14,750 for a 5-kW system and $29,500 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the kind 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 North Babylon?

Leasing solar panels can be an option if you can't afford to pay upfront or get a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your home value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.

Can you sell solar power back to the grid in North Babylon?

Each state has some form 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 long do solar panels last in North Babylon?

On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.

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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