Solar Panel Cost Guide in Patchogue, NY (2023 Update)
- Patchogue Solar Installation Cost: $8,026
- 25-Year Savings: $14,345
- Payback Period: 9.0 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Patchogue
See how much it might cost to switch to solar power in Patchogue.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Patchogue, the typical cost of a solar system is 2.95 per watt. Because a 3.9-kW system is needed to cover the energy consumption of a typical home in Patchogue, the average price of going solar will be about $8,033 after claiming the federal solar tax credit of 30%.
Keep in mind that the figures above are only estimates based on the average Patchogue homeowner. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. Despite the large upfront cost, the average Patchogue homeowner can save around $22,000 on their electricity bills over 20 years, which is one of the advantages of solar.
For a free quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Patchogue
Year | Return on Investment |
---|---|
1 years | $-7,951 |
3 years | $-7,802 |
5 years | $-7,653 |
7 years | $-7,504 |
9 years | $-7,355 |
11 years | $-7,206 |
13 years | $-7,056 |
15 years | $-6,907 |
17 years | $-6,758 |
19 years | $-6,609 |
21 years | $-6,460 |
23 years | $-6,311 |
25 years | $-6,162 |
Top Solar Installers in Patchogue
When going solar, many homeowners decide to hire a solar installation company since DIY solar panel installation can be a difficult project. A solar installer can also help save you money over the lifespan of your system by offering warranties, repairs and part replacements.
If you'd like to make the switch to solar but still aren't certain which solar system installer to go with, here are our recommendations for providers near you:
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 Patchogue
Factors that Affect Solar Panel Costs in Patchogue
While the average cost of a solar system in Patchogue is $8,033, your actual cost may differ. There are many factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more crucial things to consider.
Solar Equipment
The size of the solar energy system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $2,950. The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That's why many Patchogue homeowners opt to finance their solar panel systems to make paying for solar more affordable. However, the interest on solar loans also adds to your total costs, so it's vital to keep that in mind as well. You can always lower the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Patchogue is the company you get to install your solar panel system. As with choosing a company to install new cabinets, for instance, there's no shortage of solar installers that provide a range of services for different budgets. Additionally, some companies in Patchogue are more knowledgeable about local solar incentives and can help you make good use of 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 | $21,650 | 9.3 years |
8 kW | $3.01 | $16,850 | $29,197 | 9.1 years |
10 kW | $2.95 | $20,650 | $36,909 | 9.0 years |
12 kW | $2.89 | $24,284 | $44,786 | 8.8 years |
14 kW | $2.83 | $27,754 | $52,829 | 8.6 years |
16 kW | $2.77 | $31,058 | $61,037 | 8.4 years |
18 kW | $2.71 | $34,196 | $69,410 | 8.3 years |
20 kW | $2.66 | $37,170 | $77,948 | 8.1 years |
How to Save on Solar Panels
Since the kind of solar panels and the installation company you choose considerably influences your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: The model of solar panel you need to get plays a part in which installer you should choose, since different companies offer different panels.
- Installation Process: Make sure you're aligned with the company in regard to how the installation process will go and what you need to do before your solar panel system is installed, such as updating your electrical system or roof.
- Reputation: Long-running companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Contract: Before signing a contract with a solar company, make sure you read it through fully so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
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 Patchogue, NY Solar Cost FAQs
What is the average cost of installing solar panels in Patchogue?
This is a hard question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $14,750 for a 5-kW system and $29,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Is cost the most important thing to think about when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on energy bills after installing solar panels?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Patchogue, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Patchogue?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can replace them after having them for that long or you can continue to use them at a lower efficiency.
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.