Why you can trust EcoWatch
Top Solar Installers in Old Bethpage
Many homeowners choose to hire a solar panel installer since installing solar panels yourself can be time-consuming. Also, if you'd like to maximize your investment in solar energy, going with a solar installer can help with that as well. Different providers can offer warranties, expertise on how to install solar panels and sometimes even information on local incentives and net metering programs.
Working with a licensed solar company can make going solar easier. Here are our recommendations:
See all of the solar companies in Old Bethpage
Factors that Affect Solar Panel Costs in Old Bethpage
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few key factors that affect your total cost in Old Bethpage: 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 Size
When it comes to estimating the price of a solar panel system in Old Bethpage, 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 usage, which you can gauge by looking at past power bills. Your overall cost can increase by about $2,950 for each additional kilowatt you need. The brand of solar panels and equipment you want is another factor that will considerably impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Plus, solar equipment is more than just the solar panels themselves. You'll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking for a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are offered by most installers in Old Bethpage, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible. Though solar loans make going solar more accessible for Old Bethpage homeowners, they can also add to the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar panel installation company you pick will impact your total cost to make the switch to solar energy. Different companies will charge different amounts for the equipment and labor. Additionally, some companies in Old Bethpage are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. 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||$3.07||$12,886||$21,993||9.2 years|
|8 kW||$3.01||$16,850||$29,654||9.1 years|
|10 kW||$2.95||$20,650||$37,480||8.9 years|
|12 kW||$2.89||$24,284||$45,472||8.7 years|
|14 kW||$2.83||$27,754||$53,629||8.5 years|
|16 kW||$2.77||$31,058||$61,951||8.3 years|
|18 kW||$2.71||$34,196||$70,438||8.2 years|
|20 kW||$2.66||$37,170||$79,091||8.0 years|
Solar Incentives in Old Bethpage
|Name||Residential Solar Tax Credit|
|Incentive Amount||25% for solar-electric (PV) and solar-thermal systems; for third-party owned systems this is in reference to the aggregate amount owed under the contract rather than the amount owed in any single year|
|Incentive Max||$5,000 for solar-energy systems|
|More Info||Click here|
|Name||NY-Sun PV Incentive Program (Residential, Low-Income, and Small Business)|
|Incentive Amount|| Incentive rates step down over time as MW goals are met. Incentive rates as of 11/27/2019 are: |
Long Island Region: $0.00/W (MW blocks have been fully subscribed)
Con Edison Region: $0.30/W
Upstate Region: $0.35/W
Low-to-Moderate income customers: $0.80/W (up to 10 kW)
Small Commercial (Non-Residential):Long Island Region: $0.00/W (MW blocks have been fully subscribed)
Con Edison Region: $0.60/W
Up State Region: $0.45/W
Multifamily Affordable Housing Adder: additional $0.40/W (up to 50 kW)
|More Info||Click here|
|Name||Local Option - Solar Sales Tax Exemption|
|Incentive Amount||Upon local authorization, 100% exemption from local sales tax|
|More Info||Click here|
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- 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 hire.
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable 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 positive reviews from previous customers.
- Warranty: If you care about the endurance of your solar system, making sure your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- 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.
EcoWatch's Old Bethpage, NY Solar Cost FAQs
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.