Solar Panel Cost Guide in North Bellmore, NY (2024 Update)
- North Bellmore Solar Installation Cost: $9,833
- 25-Year Savings: $23,113
- Payback Period: 11.2 Years
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Average Cost of Solar Panels in North Bellmore
We go over average solar pricing in North Bellmore.
The average cost of a solar system in North Bellmore is 4 per watt.The average solar panel system size in North Bellmore is around 3.8 kilowatts, meaning a cost of about $9,833 for a solar installation, or $14,061 before the 0 federal solar tax credit is applied.
The true price you pay can go higher or lower than the average in North Bellmore based on several factors, such as the model of solar panels you choose and the solar contractor you hire.Even with the high initial cost, the average North Bellmore homeowner can save around $22,000 on their electricity bills over 20 years, which is one of the positives of solar.
For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in North Bellmore
| Year | Return on Investment |
|---|---|
| 1 years | $-8,515 |
| 3 years | $-5,879 |
| 5 years | $-3,243 |
| 7 years | $-608 |
| 9 years | $2,028 |
| 11 years | $4,663 |
| 13 years | $7,299 |
| 15 years | $9,935 |
| 17 years | $12,570 |
| 19 years | $15,206 |
| 21 years | $17,842 |
| 23 years | $20,477 |
| 25 years | $23,113 |
Top Solar Installers in North Bellmore
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can use up a lot of your time and energy. Hiring an installer can make your switch to solar power much easier. A solar installer can also help save you money over the lifespan of your system by providing warranties, repairs and system component replacements.
Working with a vetted solar installer can help you make the most of your investment in solar. Here are our recommendations:
Best National Provider
SunPower
- 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
- 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 North Bellmore
Factors that Affect Solar Panel Costs in North Bellmore
The cost of installing a solar system in North Bellmore can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is the size of the system your household needs, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. That’s why it’s crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like North Bellmore, 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 more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in North Bellmore offer solar loans, which reduce the initial cost of installing solar.It’s wise to include the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
The solar panel installer you choose will impact your total cost to make the switch to solar . Different companies will charge different amounts for the equipment and labor.The size of the company can sometimes play the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of more 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 companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.80 | $15,943 | $18,425 | 11.6 years |
| 8 kW | $3.72 | $20,849 | $24,976 | 11.4 years |
| 10 kW | $3.65 | $25,550 | $31,731 | 11.2 years |
| 12 kW | $3.58 | $30,047 | $38,690 | 10.9 years |
| 14 kW | $3.50 | $34,339 | $45,854 | 10.7 years |
| 16 kW | $3.43 | $38,427 | $53,222 | 10.5 years |
| 18 kW | $3.36 | $42,311 | $60,794 | 10.3 years |
| 20 kW | $3.29 | $45,990 | $68,571 | 10.0 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because choosing a company can be a challenge, we have some tips to help you, such as:
- 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 what the project timeline is.
- Contract: It’s important to read through your solar installer’s contract well to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
- Solar Panel Brands: The type of solar panel you’d like plays a role in which company you should choose, since different companies have different panels.
Best National Provider
SunPower
- 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
- 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 North Bellmore, NY Solar Cost FAQs
How much does it cost to install solar panels in North Bellmore?
This is a tough question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $18,250 for a 5-kW system and $36,500 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 higher-than-average energy consumption. On the flip side, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in North Bellmore?
Leasing solar panels can be an attractive choice, as it typically 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 incentives and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.
Can solar panels eliminate my power bills?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $1,145.61 per year.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to cover their typical energy usage.
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.