Solar Panel Cost Guide in North Hempstead, NY (2024 Update)

  • North Hempstead Solar Installation Cost: $9,833
  • 25-Year Savings: $15,421
  • Payback Period: 10.5 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in North Hempstead

Let’s have a look at the average cost of solar in North Hempstead.

Although the national average of solar panels is $2.66 per watt, solar panels in North Hempstead typically cost around 4.To cover the typical energy usage of the average home in North Hempstead, 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 figures above are only estimates based on the average North Hempstead homeowner. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.Many homeowners find going solar is a fruitful investment. The average homeowner in North Hempstead can save about $23,000 on their power bills over 20 years.

Click the button below to get connected to a top solar installer in North Hempstead for a customized quote.

Solar savings over time in North Hempstead

Year Return on Investment
1 years $-8,282
3 years $-5,181
5 years $-2,079
7 years $1,022
9 years $4,123
11 years $7,225
13 years $10,326
15 years $13,427
17 years $16,529
19 years $19,630
21 years $22,731
23 years $25,833
25 years $28,934

Top Solar Installers in North Hempstead

When making the switch to solar, many homeowners opt to use a solar installer since installing solar panels yourself can be a challenging project. Plus, warranties and repairs from your solar panel installer can protect your investment and lower the cost of maintenance over time.

You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some in North Hempstead:

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 for Leasing

Sunrun

★★★★★
4.0

  • 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 Hempstead

Factors that Affect Solar Panel Costs in North Hempstead

Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that will push your cost above or below the average in North Hempstead: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.

Solar Equipment

The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,650.Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like North Hempstead, 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

For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are available from most installers in North Hempstead, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more affordable.Though solar loans make adopting solar energy more accessible for North Hempstead homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

The solar company you hire to handle your switch to green energy can have an effect on your total costs. There are about 3 solar panel companies in North Hempstead, and each can charge varying amounts for labor and equipment.Additionally, some companies in North Hempstead are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. 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 $20,490 10.9 years
8 kW $3.72 $20,849 $27,728 10.7 years
10 kW $3.65 $25,550 $35,172 10.5 years
12 kW $3.58 $30,047 $42,819 10.3 years
14 kW $3.50 $34,339 $50,671 10.1 years
16 kW $3.43 $38,427 $58,727 9.9 years
18 kW $3.36 $42,311 $66,988 9.7 years
20 kW $3.29 $45,990 $75,453 9.5 years

How to Save on Solar Panels

Since the model of solar panels and the installer you choose has an impact on your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:

  • Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you opt for.
  • Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. A couple of 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 good reviews from past customers.
  • Installation Process: Make sure you’re on the same page with the installer with regard to how the installation process will go and what needs to be done before your solar panels are installed, such as updating or replacing your electrical system or roof.
  • Warranty: Companies typically offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.

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 for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

EcoWatch's North Hempstead, NY Solar Cost FAQs

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

The average cost of solar panels in North Hempstead is about $18,250 for a 5-kW system and $36,500 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 cost the most important thing to keep in mind when buying solar panels?

Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.

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

Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future electricity bills.

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

The exact number of solar panels you need depends on your household energy consumption and the average daily sunlight your roof gets. You can take a 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 buy between 20 and 35 panels to account for 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.

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