Solar Panel Cost Guide in Oceanside, NY (2023 Update)
- Oceanside Solar Installation Cost: $7,947
- 25-Year Savings: $13,225
- Payback Period: 9.4 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Oceanside
Find out what the average cost of solar panel installation is in Oceanside.
The average cost of a solar system in Oceanside is 2.95 per watt. To cover the typical energy usage of the average home in Oceanside, most homeowners require a 3.9-kilowatt system. Using the figure above, a solar installation costs around $7,950, or $11,368 before the federal solar tax credit of 30% is applied.
These figures are just averages, and how much solar costs for you may look different based on the amount of energy your home requires and what company you go with. Even with the significant initial cost, the average Oceanside homeowner can save about $21,000 on their power bills over 20 years, which is one of the perks of solar.
For a free quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Oceanside
| Year | Return on Investment |
|---|---|
| 1 years | $-6,733 |
| 3 years | $-4,305 |
| 5 years | $-1,877 |
| 7 years | $552 |
| 9 years | $2,980 |
| 11 years | $5,408 |
| 13 years | $7,836 |
| 15 years | $10,264 |
| 17 years | $12,692 |
| 19 years | $15,120 |
| 21 years | $17,548 |
| 23 years | $19,976 |
| 25 years | $22,405 |
Top Solar Installers in Oceanside
Although it's possible to install solar panels on your own, it involves extra effort and expertise. That's why most homeowners choose a solar panel installer. Companies can also have access to quality options of the best solar panels and help you choose which one will be best for your home.
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 Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Oceanside
Factors that Affect Solar Panel Costs in Oceanside
There are a number of factors that can affect your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to pay about $2,950 per kilowatt in Oceanside. The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get 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 electric bills. Additionally, extra products, like solar batteries, can bump up your total well above the Oceanside average.
Solar Financing Terms
Most solar companies in Oceanside offer solar loans, which reduce your upfront costs of installing solar panels. It's wise to factor the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it'll take to pay back the loan.
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 Oceanside, you'll have a great number of options to choose from, but each comes at various price points for labor and equipment. You may notice national solar installers that have lower prices due to their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions 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 | $20,124 | 9.8 years |
| 8 kW | $3.01 | $16,850 | $27,162 | 9.6 years |
| 10 kW | $2.95 | $20,650 | $34,365 | 9.4 years |
| 12 kW | $2.89 | $24,284 | $41,734 | 9.2 years |
| 14 kW | $2.83 | $27,754 | $49,268 | 9.0 years |
| 16 kW | $2.77 | $31,058 | $56,967 | 8.8 years |
| 18 kW | $2.71 | $34,196 | $64,831 | 8.6 years |
| 20 kW | $2.66 | $37,170 | $72,861 | 8.4 years |
How to Save on Solar Panels
The company that does your solar system 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 difficult, we have some tips to help you, such as:
- Warranty: Each company may offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: The model of solar panel you need plays a role in which company you should go with, since different companies offer different panels.
- Contract: Review the contract terms thoroughly to make sure you understand the total cost, project completion timeline rebates and warranties.
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Oceanside, NY Solar Cost FAQs
How much does it cost to install solar panels in Oceanside?
This is a tough question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $14,750 for a 5-kW system and $29,500 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or higher quality panels, or if you have above-average energy consumption. Conversely, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Oceanside?
You can't get solar panels for free in Oceanside. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.
How much can I save on energy bills after installing solar panels?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Oceanside, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs 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.