Solar Panel Cost Guide in Woodbury, NY (2025 Update)
- Woodbury Solar Installation Cost: $11,058
- 25-Year Savings: $17,143
- Payback Period: 10.6 Years
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Average Cost of Solar Panels in Woodbury
Let’s take a look at the average cost of solar panels in Woodbury.
While the national average of solar panels is $2.66 per watt, solar panels in Woodbury typically cost around 4.To account for the typical energy usage of the average home in Woodbury, most homeowners require a 4.3-kilowatt system. Using the per-watt figure above, a solar installation costs around $11,058, or $15,813 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The actual cost of making the switch to solar can vary quite a bit depending on a few factors, such as what size system you need, your energy usage and what company you go with.Many homeowners find installing a solar system is a fruitful investment. The average homeowner in Woodbury can save about $23,000 on their power bills over 20 years.
To get a free estimate from a top solar installer in Woodbury, you can click the button below.
Solar savings over time in Woodbury
| Year | Return on Investment |
|---|---|
| 1 years | $-9,736 |
| 3 years | $-7,093 |
| 5 years | $-4,450 |
| 7 years | $-1,807 |
| 9 years | $836 |
| 11 years | $3,478 |
| 13 years | $6,121 |
| 15 years | $8,764 |
| 17 years | $11,407 |
| 19 years | $14,050 |
| 21 years | $16,693 |
| 23 years | $19,336 |
| 25 years | $21,979 |
Top Solar Installers in Woodbury
When switching to solar energy, many homeowners opt to hire a solar company since installing solar panels yourself can be a time-consuming project. The expertise that solar installers offer can be valuable as well, especially if you don’t quite know what brand of solar equipment you need.
You can work with a local solar installer to get a free estimate on the cost of solar panels for your home. Here are some near you:
See all of the solar companies in Woodbury
Factors that Affect Solar Panel Costs in Woodbury
For many Woodbury homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Woodbury, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. Because of that, it’s important to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use.The model of solar panels and equipment you choose is another factor that will substantially impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Moreover, 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 searching for a solar system that’s in your budget.
Solar Financing Terms
Most solar installers in Woodbury provide solar loans, which reduce your upfront costs of installing solar.Though solar loans make adopting solar energy more accessible for Woodbury homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The last significant cost factor you should take into consideration is the installer you choose. Given the booming popularity of sustainable energy solutions in Woodbury, you’ll have plenty of options to choose from, but each comes at different price points for labor and equipment.Some companies 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 offers the products, warranties and services you want and also fit into 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 | $3.80 | $15,943 | $20,213 | 11.0 years |
| 8 kW | $3.72 | $20,849 | $27,359 | 10.8 years |
| 10 kW | $3.65 | $25,550 | $34,710 | 10.6 years |
| 12 kW | $3.58 | $30,047 | $42,266 | 10.4 years |
| 14 kW | $3.50 | $34,339 | $50,025 | 10.2 years |
| 16 kW | $3.43 | $38,427 | $57,989 | 10.0 years |
| 18 kW | $3.36 | $42,311 | $66,158 | 9.8 years |
| 20 kW | $3.29 | $45,990 | $74,531 | 9.5 years |
How to Save on Solar Panels
The solar installer you go with will impact not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should take into account, such as:
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. Even though there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to ask for their list of options before deciding.
- Installation Process: When going solar, it’s necessary to keep an open line of communication with your solar company. Make sure you understand how the installation process works and the completion timeline.
- Contract: When looking over your solar installer’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years most likely provide high-quality solar panel installation and expertise.
EcoWatch's Woodbury, NY Solar Cost FAQs
What is the average cost of installing solar panels in Woodbury?
This is a difficult question to answer precisely, because the cost depends on a variety of factors. Generally speaking, it costs about $18,250 for a 5-kW system and $36,500 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 above-average energy consumption. On the flip side, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Woodbury?
Leasing solar panels can be an appealing choice, because 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 incentives and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.
Is it worth going solar in Woodbury?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and the amount of direct sunlight your roof gets.
How long do solar panels last in Woodbury?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can choose to replace them once you've had them for that long or you can keep using 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.