Solar Panel Cost Guide in North Wantagh, NY (2024 Update)
- North Wantagh Solar Installation Cost: $9,833
- 25-Year Savings: $14,424
- Payback Period: 11.0 Years
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Average Cost of Solar Panels in North Wantagh
We go over average solar pricing in North Wantagh.
In North Wantagh, solar panels cost about 4 per watt on average.To cover the typical energy needs of the average home in North Wantagh, most homeowners require a 3.8-kilowatt system. Using the figure above, a solar installation costs about $9,833, or $14,061 before the federal solar tax credit of 0 is applied.
How much you pay can be above or below the average in North Wantagh depending on a variety of factors, such as the model of solar panels you choose and the solar contractor you hire.Many homeowners find installing a solar system is a fruitful investment. The average homeowner in North Wantagh can save around $22,000 on their electricity bills over 20 years.
Click the button below to get connected to a vetted solar company in your area for a personalized quote.
Solar savings over time in North Wantagh
Year | Return on Investment |
---|---|
1 years | $-8,307 |
3 years | $-5,257 |
5 years | $-2,206 |
7 years | $845 |
9 years | $3,896 |
11 years | $6,946 |
13 years | $9,997 |
15 years | $13,048 |
17 years | $16,098 |
19 years | $19,149 |
21 years | $22,200 |
23 years | $25,250 |
25 years | $28,301 |
Top Solar Installers in North Wantagh
Trying to install solar panels on your own can be a dangerous undertaking, which is why using a solar installation company is a good option for many homeowners. Solar companies provide key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
You can work with a local solar installer to get a free quote on how much solar panels could cost for your home. Here are some in North Wantagh:
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in North Wantagh
Factors that Affect Solar Panel Costs in North Wantagh
Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few key factors that affect your total cost in North Wantagh: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power generation need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,650.The type 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. Additionally, add-on products, like solar batteries, can bump up your total well above the North Wantagh average.
Solar Financing Terms
Most solar companies in North Wantagh have solar loans, which reduce your upfront costs of installing a solar system.When figuring out your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The final key cost factor you should take into consideration is the installer you choose. Given the booming popularity of renewable energy solutions in North Wantagh, you’ll have many options to choose from, but each comes at different price points for labor and equipment.The size of the company can sometimes play the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to more resources and bulk 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 | $3.80 | $15,943 | $18,935 | 11.4 years |
8 kW | $3.72 | $20,849 | $25,656 | 11.2 years |
10 kW | $3.65 | $25,550 | $32,580 | 11.0 years |
12 kW | $3.58 | $30,047 | $39,710 | 10.8 years |
14 kW | $3.50 | $34,339 | $47,043 | 10.5 years |
16 kW | $3.43 | $38,427 | $54,581 | 10.3 years |
18 kW | $3.36 | $42,311 | $62,324 | 10.1 years |
20 kW | $3.29 | $45,990 | $70,271 | 9.9 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Installation Process: When going solar, it’s crucial to maintain an open line of communication with your solar panel installer. Make sure you understand how the installation process will go and the project completion timeline.
- Solar Panel Brands: Different companies carry different brands and models of panels. If you know you want a specific brand, make sure the solar panel company you’re considering has it.
- Warranty: A comprehensive, 25-year warranty can help keep your solar system running for years to come and save you money on part replacement and repairs.
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's North Wantagh, NY Solar Cost FAQs
What is the average cost of installing solar panels in North Wantagh?
The average cost of solar panels in North Wantagh 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 things like the kind of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in North Wantagh?
Leasing solar panels can be an option if you are unable 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 bang for your buck from going solar.
Can you sell solar power back to the grid in North Wantagh?
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 give you credit toward your future energy bills.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know 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.