Solar Panel Cost Guide in The Bronx, NY (Nov 2022)

  • The Bronx Solar Installation Cost: $8,012
  • 25-Year Savings: $25,328
  • Payback Period: 6.0 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in The Bronx

We go over average solar pricing in The Bronx.

The national average cost of solar panels is $2.66 per watt, but in The Bronx it's $3 per watt. Since a 3.9-kW system is needed to cover the energy consumption of a typical home in The Bronx, the average price of going solar will be about $8,012 before claiming the federal solar tax credit of 30%.

Keep in mind that the figures above are only estimates based on the average The Bronx homeowner. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. For many homeowners, the upfront cost of solar panels is worth paying. On average you could be looking at about $33,000 in savings on energy bills over 20 years.

You can click the button below to get connected with a top solar company in The Bronx for a quote for your home.

Solar savings over time in The Bronx

Year Return on Investment
1 years $-6,679
3 years $-4,011
5 years $-1,344
7 years $1,323
9 years $3,990
11 years $6,657
13 years $9,324
15 years $11,992
17 years $14,659
19 years $17,326
21 years $19,993
23 years $22,660
25 years $25,328

Top Solar Installers in The Bronx

Although you can install solar panels on your own, it involves extra energy and know-how. For that reason, almost all homeowners choose to go with a solar panel installer. A solar installer can also help save you money over time by offering warranties, repairs and system component replacements.

You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some in The Bronx:

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 The Bronx

Factors that Affect Solar Panel Costs in The Bronx

There are many criteria that can influence your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.

Solar Equipment

One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to spend around $2,950 per kilowatt in The Bronx. The type of solar panels and equipment you want is another factor that will largely impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more expensive. Further, solar equipment goes beyond just the solar panels themselves. You'll also need to make decisions 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 into a solar system that's in your budget.

Solar Financing Terms

If paying for solar panels in cash is difficult, solar loans are a popular choice because they decrease your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. Even though solar loans make adopting solar energy more accessible for The Bronx homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

The solar company you choose to handle your switch to renewable energy can play a role in your total costs. There are about 3 solar panel companies in The Bronx, and each can charge different amounts for labor and equipment. Larger national companies typically have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric car 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 $38,720 6.2 years
8 kW $3.01 $16,850 $51,957 6.1 years
10 kW $2.95 $20,650 $65,359 6.0 years
12 kW $2.89 $24,284 $78,926 5.9 years
14 kW $2.83 $27,754 $92,659 5.8 years
16 kW $2.77 $31,058 $106,557 5.6 years
18 kW $2.71 $34,196 $120,620 5.5 years
20 kW $2.66 $37,170 $134,848 5.4 years

How to Save on Solar Panels

Since the model of solar panels and the installer you choose has an impact on 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:

  • Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should secure and how long the project will take.
  • Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
  • Reputation: Companies that have been in business for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
  • Contract: Look through the contract terms carefully to make sure you understand the overall cost, project timeline incentives 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 The Bronx, NY Solar Cost FAQs

What is the average cost of installing solar panels in The Bronx?

This is a tough question to answer precisely, because the cost depends on a variety of 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. It will be more expensive if you want additional solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you want a smaller solar panel system or less efficient solar panels.

Can you get solar panels for free in The Bronx?

A solar panel system isn't free in The Bronx, 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.

Does The Bronx have a net metering program?

Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future power bills.

How many solar panels do I need to power my home?

The exact number of solar panels you need depends on your household energy usage and the average daily sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to cover their typical energy usage.

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.

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