Solar Panel Cost Guide in Selden, NY (Dec 2022)

  • Selden Solar Installation Cost: $8,033
  • 25-Year Savings: $14,338
  • Payback Period: 9.0 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

Why you can trust EcoWatch

We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Selden

Find out what the average cost of installing solar panels is in Selden.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Selden, the typical cost of solar panels is $3 per watt. The average solar panel system size in Selden is around 3.9 kilowatts, meaning a cost of about $8,033 for a solar installation, or $5,944 after the 30% federal solar tax credit is applied.

Keep in mind that the figures above are only estimates based on the average Selden homeowner. The cost 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. For most homeowners, the upfront investment in solar is worth paying. On average you could be looking at about $22,000 in savings on utility bills over 20 years.

To get a free quote from a pre-vetted solar company in Selden, you can click the button below.

Solar savings over time in Selden

Year Return on Investment
1 years $-7,138
3 years $-5,348
5 years $-3,559
7 years $-1,769
9 years $21
11 years $1,810
13 years $3,600
15 years $5,390
17 years $7,179
19 years $8,969
21 years $10,759
23 years $12,548
25 years $14,338

Top Solar Installers in Selden

Many homeowners decide to use a solar panel company since installing solar panels by yourself can be time-consuming. Some solar companies, especially local ones, can help you take advantage of incentives in Selden, thereby optimizing your ROI.

Working with a licensed solar installer can make going solar easier. Here are our recommendations:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

See all of the solar companies in Selden

Factors that Affect Solar Panel Costs in Selden

Cost is typically 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 Selden: 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 size of the solar panel system you need, 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 kind of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price 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 can expect 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 increase the cost.

Solar Financing Terms

Most solar companies in Selden have solar loans, which reduce the initial cost of installing a solar system. However, the interest on solar loans also increases your overall costs, so it's important to keep that in mind as well. You can always bring down the total you pay in interest and possibly even your APR by making a larger down payment.

Solar Panel Installation Company

Finally, the company you choose to install your solar panels can affect your pricing. Selden's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle charger installation, they might be cheaper overall.

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

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. Since choosing a company can be a challenge, we have some tips to help you, such as:

  • Solar Panel Brands: The type of solar panel you need plays a role in which installer you should opt for, since different companies provide different panels.
  • Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like EcoWatch.
  • Warranty: Warranties that cover panel repairs and maintenance over a long period of time such as 25 years are the best you can get in the business, and offering such a warranty is one sign of a good company.
  • Contract: Read the contract terms thoroughly to make sure you understand the overall cost, completion timeline rebates and warranties.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

EcoWatch's Selden, NY Solar Cost FAQs

How much does it cost to install solar panels in Selden?

The average cost of solar panels in Selden is about $14,750 for a 5-kW system and $29,500 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you consume.

Can you get solar panels for free in Selden?

A solar panel system isn't free in Selden, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.

Can solar panels eliminate my energy bills?

Solar panels can potentially eliminate your electricity bills depending on where you're located and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,151.18 per year.

What solar power system size is right for my home?

To figure out what solar panel system size you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually 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.

solar panel and sunny sky
Invest in clean solar energy, save thousands of dollars.

Save $$ on your electricity bill by getting a free quote today.

Follow us