Solar Panel Cost Guide in Wyandanch, NY (2024 Update)
- Wyandanch Solar Installation Cost: $9,930
- 25-Year Savings: $14,345
- Payback Period: 11.1 Years
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Average Cost of Solar Panels in Wyandanch
Here’s how much it might cost to switch to solar power in Wyandanch.
Although the national average of solar panels is $2.66 per watt, solar panels in Wyandanch typically cost about 4.To cover the typical energy needs of the average home in Wyandanch, most homeowners require a 3.9-kilowatt system. Using the figure above, a solar installation costs around $9,930, or $14,200 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 energy system. The true cost of going solar can vary quite a bit based on a few factors, such as what size system you need, your energy usage and what installation company you go with.Many homeowners find adopting solar power is a solid investment. The average homeowner in Wyandanch can save around $22,000 on their electricity bills over 20 years.
You can click the button below to get connected with a top solar company in Wyandanch for a quote for your home.
Solar savings over time in Wyandanch
Year | Return on Investment |
---|---|
1 years | $-8,405 |
3 years | $-5,354 |
5 years | $-2,303 |
7 years | $747 |
9 years | $3,798 |
11 years | $6,849 |
13 years | $9,899 |
15 years | $12,950 |
17 years | $16,001 |
19 years | $19,051 |
21 years | $22,102 |
23 years | $25,153 |
25 years | $28,204 |
Top Solar Installers in Wyandanch
Installing solar panels by yourself can be a challenging undertaking, which is why getting a solar installation company is a good option for many homeowners. Solar warranties and repairs are usually included in the cost of installation when you hire a solar contractor too, which can save you more money over time.
Working with a vetted solar company can help you make the most of your investment in solar. Here are our recommendations:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Wyandanch
Factors that Affect Solar Panel Costs in Wyandanch
For many Wyandanch homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in Wyandanch, with typical prices between $20,000 to $40,000. There are various factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $3,650. The model of solar panels and equipment you get is another factor that will substantially influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more expensive. Further, solar equipment goes beyond just the solar panels themselves. You’ll also need to think 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 falls within your budget.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That’s why many Wyandanch homeowners choose to finance their solar panel systems to make going solar more affordable.However, the interest on solar loans also adds to your total costs, so it’s vital to include that in your estimate as well. You can always bring down the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar installer you hire to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar installation companies in Wyandanch, and each can charge varying amounts for labor and equipment.The size of the company can sometimes play the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing because of greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger companies.
Solar Panel Cost Data by System Size
System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
---|---|---|---|---|
6 kW | $3.80 | $15,943 | $18,592 | 11.5 years |
8 kW | $3.72 | $20,849 | $25,198 | 11.3 years |
10 kW | $3.65 | $25,550 | $32,009 | 11.1 years |
12 kW | $3.58 | $30,047 | $39,024 | 10.9 years |
14 kW | $3.50 | $34,339 | $46,243 | 10.7 years |
16 kW | $3.43 | $38,427 | $53,667 | 10.4 years |
18 kW | $3.36 | $42,311 | $61,295 | 10.2 years |
20 kW | $3.29 | $45,990 | $69,128 | 10.0 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Wyandanch, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Installation Process: When making the switch to solar, it’s essential to keep an open line of communication with your solar installer. Make sure you understand how the installation process will go and the project completion timeline.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you opt for.
- Contract: It’s important to look over your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years likely offer good-quality solar panel installation and expertise.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Wyandanch, NY Solar Cost FAQs
What is the average cost of installing solar panels in Wyandanch?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Broadly 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 higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Is cost the most important consideration when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Wyandanch?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and how much direct sunlight your roof gets.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can 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 install 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.