Solar Panel Cost Guide in Brooklyn, CT (2024 Update)
- Brooklyn Solar Installation Cost: $12,271
- 25-Year Savings: $17,857
- Payback Period: 11.4 Years
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Average Cost of Solar Panels in Brooklyn
We break down average solar pricing in Brooklyn.
While the national average of solar panels is $2.66 per watt, solar panels in Brooklyn typically cost about 4.Because a 4.7-kW system is needed to cover the energy needs of a typical home in Brooklyn, the average price of going solar will be about $12,271 after claiming the federal solar tax credit of 0.
Keep in mind that the figures above are only estimates based on the average Brooklyn homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.With typical savings of about $22,000 on utility bills over 20 years, many homeowners in Brooklyn find investing in solar can pay off big.
To get a free estimate from a top solar installer in Brooklyn, you can click the button below.
Solar savings over time in Brooklyn
| Year | Return on Investment |
|---|---|
| 1 years | $-10,427 |
| 3 years | $-6,739 |
| 5 years | $-3,051 |
| 7 years | $637 |
| 9 years | $4,325 |
| 11 years | $8,013 |
| 13 years | $11,701 |
| 15 years | $15,389 |
| 17 years | $19,077 |
| 19 years | $22,765 |
| 21 years | $26,453 |
| 23 years | $30,141 |
| 25 years | $33,829 |
Top Solar Installers in Brooklyn
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a pain. Hiring a solar panel installer can make your switch to solar power much easier. The expertise that solar installers offer can be invaluable as well, particularly if you don’t quite know what kind of solar equipment you need.
If you’d like to make the switch to solar but still aren’t sure which solar installer to go with, here are our suggestions for providers in Brooklyn:
Best National Provider
SunPower
- 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
- 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
See all of the solar companies in Brooklyn
Factors that Affect Solar Panel Costs in Brooklyn
There are a number of factors that can play into your solar system 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 going solar 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 $3,750 per kilowatt in Brooklyn.The kind of solar panels and equipment you get is another factor that will greatly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Moreover, solar equipment consists of more than just the solar panels themselves. You’ll also need to consider 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
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are offered by most installers in Brooklyn, which can reduce, or in some cases eliminate, your upfront costs to make solar more affordable.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar system can play a part in determining how much you pay. Brooklyn’s solar companies all have different labor costs and add varying upcharges to equipment. You may come across national solar installers that have lower prices due to their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions 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 | $3.90 | $16,380 | $18,301 | 11.8 years |
| 8 kW | $3.83 | $21,420 | $24,821 | 11.6 years |
| 10 kW | $3.75 | $26,250 | $31,551 | 11.4 years |
| 12 kW | $3.67 | $30,870 | $38,491 | 11.1 years |
| 14 kW | $3.60 | $35,280 | $45,641 | 10.9 years |
| 16 kW | $3.52 | $39,480 | $53,001 | 10.7 years |
| 18 kW | $3.45 | $43,470 | $60,572 | 10.4 years |
| 20 kW | $3.38 | $47,250 | $68,352 | 10.2 years |
How to Save on Solar Panels
Since the type of solar panels and the installer you choose greatly impacts your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: When looking through your solar company’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
- Installation Process: Get details from your solar installer about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you go with.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years most likely provide good-quality solar panel installation and expertise.
Best National Provider
SunPower
- 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
- 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
EcoWatch's Brooklyn, CT Solar Cost FAQs
How much does it cost to install solar panels in Brooklyn?
This is a difficult question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $18,750 for a 5-kW system and $37,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Is cost the most important thing to consider when buying solar panels?
Cost is a key factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
How will installing solar panels impact my property value?
Solar panels can increase your home value considerably as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and how much 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 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.