Solar Panel Cost Guide in Somers, NY (Feb 2023)

  • Somers Solar Installation Cost: $8,652
  • 25-Year Savings: $10,783
  • Payback Period: 11.1 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 20, 2023

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 Somers

Let's take a look at the average cost of solar in Somers.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Somers, the typical cost of solar panels is $3 per watt. The average Somers homeowner needs a 4.2-kilowatt system, which would cost about $8,652, or $6,402 after the federal solar tax credit of 30% is applied.

These figures are only estimates, and how much solar costs for you may differ based on your energy needs and what company you choose to go with. For many homeowners, the upfront cost of solar panels is worth paying. On average Somers homeowners see about $18,000 in savings on utility bills over 20 years.

To receive a free quote from a top solar installation company in Somers, you can click the button below.

Solar savings over time in Somers

Year Return on Investment
1 years $-7,875
3 years $-6,320
5 years $-4,765
7 years $-3,211
9 years $-1,656
11 years $-101
13 years $1,454
15 years $3,009
17 years $4,563
19 years $6,118
21 years $7,673
23 years $9,228
25 years $10,783

Top Solar Installers in Somers

Although you can install solar panels yourself, it involves extra energy and handiness. That's why most homeowners choose to hire a solar panel installer. Plus, if you're unsure what type of solar panels and equipment you need, a solar installer can help you find the right equipment for you after a site survey and consultation.

There are a number of licensed solar professionals that can help you install your solar system. Here are our suggestions:

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 Somers

Factors that Affect Solar Panel Costs in Somers

For many Somers homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Somers, with typical prices between $20,000 to $40,000. There are several factors that considerably influence the price you'll pay, which we'll go over below.

Solar Equipment

Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. That's why it's crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs. There are several different solar panel brands and the one you pick also changes the cost. Typically, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you're looking to get can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

If paying for a solar system out of pocket is out of reach, solar loans are a popular option because they lower your upfront costs and let you pay for your system over a term of, on average, between five and seven years. When figuring out your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying a higher down payment can lower the total interest paid over time.

Solar Panel Installation Company

A final consideration when trying to evaluate the cost of solar for your home or business in Somers is the company you choose to install your PV system. As with choosing a company to install new cabinets, for instance, you'll have many options for solar installers that offer a range of services for different budgets. You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk 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 $14,969 11.6 years
8 kW $3.01 $16,850 $20,289 11.3 years
10 kW $2.95 $20,650 $25,775 11.1 years
12 kW $2.89 $24,284 $31,425 10.9 years
14 kW $2.83 $27,754 $37,241 10.7 years
16 kW $2.77 $31,058 $43,222 10.5 years
18 kW $2.71 $34,196 $49,368 10.2 years
20 kW $2.66 $37,170 $55,679 10.0 years

How to Save on Solar Panels

There are a lot of companies to choose from in Somers, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:

  • Solar Panel Brands: The brand of solar panel you need to get plays a part in which installer you should opt for, since different companies have access to different panels.
  • Contract: Although reading through a contract can take a lot of time, it's important to do it carefully so you can make sure you understand what services your solar company will provide and the terms of the warranty.
  • Reputation: Long-running companies likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
  • Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should acquire and how long the project will take.

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 Somers, NY Solar Cost FAQs

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

This is a tough question to answer exactly, because the cost depends on a variety of 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 more efficient panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you want a smaller solar panel system or less efficient solar panels.

Should I lease or buy solar panels in Somers?

Leasing solar panels can be an appealing choice, as it typically comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better option if you want to maximize your savings.

Do solar panels increase your home value?

Solar panels can increase your property's value remarkably as long as you buy or finance your panels and don't choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."

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 typically produce about 250 to 400 watt-hours per hour, the average home 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.

Follow us