Solar Panel Cost Guide in Deer Park, NY (2024 Update)

  • Deer Park Solar Installation Cost: $9,930
  • 25-Year Savings: $14,345
  • Payback Period: 11.1 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Deer Park

We break down average solar pricing in Deer Park.

The national average cost of solar panels is $2.66 per watt, but in Deer Park it’s 4 per watt.To account for the typical energy usage of the average home in Deer Park, 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.

Bear in mind that the figures above are only estimates based on the average energy use of Deer Park homeowners. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.Even with the large initial cost, the average Deer Park homeowner can save around $22,000 on their electricity bills over 20 years, which is one of the advantages of solar.

You can click the button below to get connected with a pre-vetted solar installer in Deer Park for a quote for your home.

Solar savings over time in Deer Park

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 Deer Park

DIY solar panel installation is a possibility, but it's an undertaking that can be a pain. Taking advantage of an installer can make swapping over to solar power much easier. Solar warranties and repairs are often included in the cost of installation when you opt for a solar contractor too, which can save you more money after your initial investment.

If you’d like to go solar but still aren’t certain which solar system company to go with, here are our suggestions for providers near you:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best for Leasing

Sunrun

★★★★★
4.0

  • 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 Deer Park

Factors that Affect Solar Panel Costs in Deer Park

The cost of installing a solar system in Deer Park can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.

Solar Equipment

One of the most significant 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 power your household uses, the larger your system will likely need to be. You can expect to pay around $3,650 per kilowatt in Deer Park.There are many different solar panel brands and the one you choose also affects the cost. Usually, the brands that offer higher efficiency tend to also cost more. In addition, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

If paying for solar panels in cash is too expensive, solar loans are a popular option because they decrease your upfront costs and allow you to pay for your system over five to seven years on average.However, the interest on solar loans also adds to your total costs, so it’s vital to consider that as well. You can always bring down the total you pay in interest and possibly even your APR by making a larger down payment.

Solar Panel Installation Company

Lastly, the company you choose to install your solar system can impact how much you pay. Deer Park’s solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and choose a company that has the products, warranties and services you’re looking for 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 $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

The solar panel company you choose will influence not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should take into account, including:

  • Contract: When looking over your solar installer’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
  • Solar Panel Brands: The model of solar panel you’d like to get plays a role in which company you should go with, since different companies provide different panels.
  • Warranty: An all-inclusive, long-term warranty can help keep your solar panel system running for a long time and save you money on repairs and maintenance.
  • Installation Process: Make sure you’re aligned with the company with regard to how the installation process will go and what needs to be done before your solar panel system is installed, such as updating your electrical system or roof.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

EcoWatch's Deer Park, NY Solar Cost FAQs

What is the average cost of installing solar panels in Deer Park?

The average cost of solar panels in Deer Park is about $18,250 for a 5-kW system and $36,500 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the type of solar panels you want, what size system you need and how much energy you use.

Should I lease or buy solar panels in Deer Park?

Leasing solar panels can be an option if you can’t pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.

Can you sell solar power back to the grid in Deer Park?

The majority of states offer net metering programs of some kind. Through these, you can receive compensation for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.

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 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 account for 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.

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