Solar Panel Cost Guide in Bronxville, NY (2024 Update)
- Bronxville Solar Installation Cost: $10,696
- 25-Year Savings: $24,695
- Payback Period: 8.0 Years
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Average Cost of Solar Panels in Bronxville
Find out how much it might cost to switch to solar power in Bronxville.
While the national average of solar panels is $2.66 per watt, solar panels in Bronxville generally cost around 4.Since a 4.2-kW system is needed to cover the energy costs of a typical home in Bronxville, the average price of going solar will be about $10,696 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The actual cost of making the switch to solar can vary depending on several factors, such as what size system you need, your energy consumption and what company you go with.Despite the high upfront cost, the average Bronxville homeowner can save about $30,000 on their power bills over 20 years, which is one of the benefits of solar.
To calculate your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Bronxville
| Year | Return on Investment |
|---|---|
| 1 years | $-8,816 |
| 3 years | $-5,057 |
| 5 years | $-1,298 |
| 7 years | $2,462 |
| 9 years | $6,221 |
| 11 years | $9,981 |
| 13 years | $13,740 |
| 15 years | $17,499 |
| 17 years | $21,259 |
| 19 years | $25,018 |
| 21 years | $28,777 |
| 23 years | $32,537 |
| 25 years | $36,296 |
Top Solar Installers in Bronxville
Although it's possible to install solar panels on your own, it requires extra effort and expertise. Because of that, most people choose to hire a solar panel installer. A solar installer can also help save you money in the long run by offering warranties, repairs and component replacements.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Bronxville
Factors that Affect Solar Panel Costs in Bronxville
Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few major factors that will push your cost above or below the average in Bronxville: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production require 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 $3,650.The brand of solar panels and equipment you get is another factor that will significantly impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Further, solar equipment goes beyond 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
If paying for a solar system out of pocket is difficult, solar loans are a solid route because they reduce your upfront costs and let you pay for your system over five to seven years on average.It’s wise to include the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
The final significant cost factor you should consider is the installer you choose. Given the booming popularity of green energy solutions in Bronxville, you’ll have plenty of options to choose from, but each comes at various price points for labor and equipment.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 promotions to compete with those major players.
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 | $31,840 | 8.3 years |
| 8 kW | $3.72 | $20,849 | $42,863 | 8.2 years |
| 10 kW | $3.65 | $25,550 | $54,089 | 8.0 years |
| 12 kW | $3.58 | $30,047 | $65,520 | 7.9 years |
| 14 kW | $3.50 | $34,339 | $77,156 | 7.7 years |
| 16 kW | $3.43 | $38,427 | $88,995 | 7.5 years |
| 18 kW | $3.36 | $42,311 | $101,040 | 7.4 years |
| 20 kW | $3.29 | $45,990 | $113,288 | 7.2 years |
How to Save on Solar Panels
There are a large number of companies available in Bronxville, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years in most cases offer quality solar panel installation and expertise.
- Contract: It’s important to look over your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
- Solar Panel Brands: The type of solar panel you need to get plays a role in which company you should choose, since different companies have access to different panels.
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 Bronxville, NY Solar Cost FAQs
What is the average cost of installing solar panels in Bronxville?
This is a tough question to answer exactly, because the cost depends on a variety of 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 cost 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 efficient solar panels.
Can you get solar panels for free in Bronxville?
A solar panel system isn’t free in Bronxville, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Is going solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and how much direct sunlight your roof gets.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption and how much sunlight your roof gets. You can take a 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.