Solar Panel Cost Guide in Roosevelt, NY (Jan 2023)
- Roosevelt Solar Installation Cost: $7,950
- 25-Year Savings: $13,658
- Payback Period: 9.2 Years
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Top Solar Installers in Roosevelt
Putting up solar panels on your own can be a challenging task, which is why using a solar installation company is a good option for many homeowners. Plus, if you'd like to maximize your investment in solar power, opting for a solar installer can help with that too. Different providers can offer repairs, expertise on solar panel installation and sometimes even information on local incentives and net metering programs.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
See all of the solar companies in Roosevelt
Factors that Affect Solar Panel Costs in Roosevelt
Even though the average cost of a solar system in Roosevelt is $7,950, your final cost may be higher or lower than that. There are quite a few factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to pay around $2,950 per kilowatt in Roosevelt. The brand and kind of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive 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 more savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are available from most installers in Roosevelt, which can bring down, or in some cases eliminate, your upfront costs to make solar more accessible. However, the interest on solar loans also adds to your overall costs, so it's important to include that in your estimate as well. You can always bring down the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The solar panel installer you choose will influence your total cost to adopt solar energy. Different companies will bill different amounts for the equipment and labor. The size of the company sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have greater 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 discount can bring their pricing lower 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||$3.07||$12,886||$20,803||9.6 years|
|8 kW||$3.01||$16,850||$28,068||9.4 years|
|10 kW||$2.95||$20,650||$35,498||9.2 years|
|12 kW||$2.89||$24,284||$43,093||9.0 years|
|14 kW||$2.83||$27,754||$50,853||8.8 years|
|16 kW||$2.77||$31,058||$58,778||8.6 years|
|18 kW||$2.71||$34,196||$66,869||8.5 years|
|20 kW||$2.66||$37,170||$75,125||8.3 years|
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Companies that have been operating for many years likely have a good 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.
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you choose.
- Contract: When reading through your solar company's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
EcoWatch's Roosevelt, 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.