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Top Solar Installers in West Haverstraw
Although it's possible to install solar panels on your own, it takes extra labor and expertise. For that reason, the majority of homeowners choose a solar panel installer. Plus, warranties and repairs from your solar panel company can protect your investment and bring down the cost of maintenance over the lifespan of your panels.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some near you:
See all of the solar companies in West Haverstraw
Factors that Affect Solar Panel Costs in West Haverstraw
Even though the average cost of solar panels in West Haverstraw is $8,756, your final cost may differ. There are quite a few factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment Size
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the notable factors is the system size. Solar power systems with higher efficiency or power production use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,950. There are several different solar panel brands and the one you pick also affects the cost. In many cases, the brands that are more efficient tend to also cost more. Additionally, the type of equipment you choose 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
Most solar companies in West Haverstraw have solar loans, which reduce your upfront costs of installing solar. You'll have to consider the long-term cost of loans, including the total interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
A final factor to consider when trying to figure out the cost of solar for your home or business in West Haverstraw is the company you choose to install your PV system. Similar to choosing a company to renovate your kitchen, for example, there are plenty of solar installers that provide a range of services at different price points. You may come across national solar installers that have lower prices because of their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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||$25,446||8.4 years|
|8 kW||$3.01||$16,850||$34,259||8.2 years|
|10 kW||$2.95||$20,650||$43,236||8.1 years|
|12 kW||$2.89||$24,284||$52,379||7.9 years|
|14 kW||$2.83||$27,754||$61,687||7.8 years|
|16 kW||$2.77||$31,058||$71,161||7.6 years|
|18 kW||$2.71||$34,196||$80,799||7.4 years|
|20 kW||$2.66||$37,170||$90,603||7.3 years|
Solar Incentives in West Haverstraw
|Name||Residential Solar Tax Credit|
|Incentive Amount||25% for solar-electric (PV) and solar-thermal systems; for third-party owned systems this is in reference to the aggregate amount owed under the contract rather than the amount owed in any single year|
|Incentive Max||$5,000 for solar-energy systems|
|More Info||Click here|
|Name||NY-Sun PV Incentive Program (Residential, Low-Income, and Small Business)|
|Incentive Amount|| Incentive rates step down over time as MW goals are met. Incentive rates as of 11/27/2019 are: |
Long Island Region: $0.00/W (MW blocks have been fully subscribed)
Con Edison Region: $0.30/W
Upstate Region: $0.35/W
Low-to-Moderate income customers: $0.80/W (up to 10 kW)
Small Commercial (Non-Residential):Long Island Region: $0.00/W (MW blocks have been fully subscribed)
Con Edison Region: $0.60/W
Up State Region: $0.45/W
Multifamily Affordable Housing Adder: additional $0.40/W (up to 50 kW)
|More Info||Click here|
|Name||Local Option - Solar Sales Tax Exemption|
|Incentive Amount||Upon local authorization, 100% exemption from local sales tax|
|More Info||Click here|
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose plays a role in which solar panel brands you have access to.
- Warranty: If you're concerned about the endurance of your solar system, checking your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Contract: It's important to read your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- 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 project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
EcoWatch's West Haverstraw, 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.