Solar Panel Cost Guide in West Babylon, NY (2023 Update)
- West Babylon Solar Installation Cost: $8,033
- 25-Year Savings: $14,338
- Payback Period: 9.0 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in West Babylon
Let's have a look at the average cost of solar in West Babylon.
Although the national average of solar panels is $2.66 per watt, solar panels in West Babylon typically cost about 2.95. Because a 3.9-kW system is needed to cover the energy needs of a typical home in West Babylon, the average price of going solar will be about $8,033 after claiming the federal solar tax credit of 30%.
These figures are only estimates, and how much solar costs for you will look different based on the amount of energy your home requires and what company you choose to go with. With typical savings of about $22,000 on energy bills over 20 years, many homeowners in West Babylon find installing solar panels can pay off big.
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 West Babylon
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 West Babylon
Many homeowners opt for a solar panel company since installing solar panels by yourself can be hard. The payback period on an investment in solar panels will vary based on factors like your roof configuration and energy consumption, but going with a solar installer can shorten that period. Your provider will be able to help you get the most out of incentives available in your area.
There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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 West Babylon
Factors that Affect Solar Panel Costs in West Babylon
There are a number of criteria that can influence your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
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 electricity your household consumes, the larger your system will likely need to be. You can expect to pay about $2,950 per kilowatt in West Babylon. There are several different solar panel brands and the one you pick also changes the cost. Typically, the brands that have better efficiency tend to also be more expensive. In addition, the type of equipment you're looking to get can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are provided by most installers in West Babylon, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible. However, the interest on solar loans also increases your all-in costs, so it's important to keep that in mind as well. You can always lower the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in West Babylon is the company you get to install your solar system. As with choosing a company to build a deck or pool, for example, you'll have many options for solar installers that provide a range of services at different price points. Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and choose a company that has the products, warranties and services you're looking for and also fits within your budget.
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 model of solar panels and the installer you choose has an impact on your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years likely provide quality solar panel installation and expertise.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you hire.
- Warranty: An all-inclusive, long-term warranty can help keep your solar system running for a long time and save you money on part replacement and repairs.
- Contract: Read the contract terms carefully to make sure you understand the cost breakdown, completion timeline incentives and warranties.
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 West Babylon, NY Solar Cost FAQs
How much does it cost to install solar panels in West Babylon?
This is a difficult 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 extra solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in West Babylon?
Solar panels aren't free in West Babylon, 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 can help lower the cost.
Does West Babylon have a net metering program?
Most states have net metering programs of some kind. Through these, you can get paid for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of energy they produce 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.