Solar Panel Cost Guide in North Bellmore, NY (2024 Update)
- North Bellmore Solar Installation Cost: $9,833
- 25-Year Savings: $23,113
- Payback Period: 11.2 Years
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Average Cost of Solar Panels in North Bellmore
We go over average solar pricing in North Bellmore.
In North Bellmore, solar panels cost about 4 per watt on average.Using this figure, a typical 3.8-kW system would cost about $9,833 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The true cost of making the switch to solar can vary quite a bit based on several factors, such as how many panels you need, your energy consumption and what company you go with.With typical savings of about $22,000 on energy bills over 20 years, many homeowners in North Bellmore find installing solar panels can be quite rewarding.
Click the button below to get connected to a top solar panel company in North Bellmore for a customized quote.
Solar savings over time in North Bellmore
| Year | Return on Investment |
|---|---|
| 1 years | $-8,515 |
| 3 years | $-5,879 |
| 5 years | $-3,243 |
| 7 years | $-608 |
| 9 years | $2,028 |
| 11 years | $4,663 |
| 13 years | $7,299 |
| 15 years | $9,935 |
| 17 years | $12,570 |
| 19 years | $15,206 |
| 21 years | $17,842 |
| 23 years | $20,477 |
| 25 years | $23,113 |
Top Solar Installers in North Bellmore
Many homeowners opt for a solar panel installer since trying to put up solar panels on your own can be a labor-intensive endeavor. The expertise that solar installers offer can be helpful as well, especially if you don’t quite know what brand of solar equipment would be right for your home.
Working with a vetted solar installer can help you make the most of your investment in solar. Here are our recommendations:
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 North Bellmore
Factors that Affect Solar Panel Costs in North Bellmore
For many North Bellmore homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in North Bellmore, 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
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 around $3,650. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your electric bills. Additionally, add-on products, like solar batteries, can bump up your total well above the North Bellmore average.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are offered by most installers in North Bellmore, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible.It’s a good idea to factor the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar installation companies operating in North Bellmore, and each can charge varying amounts for labor and equipment.Additionally, some companies in North Bellmore are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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 | $18,425 | 11.6 years |
| 8 kW | $3.72 | $20,849 | $24,976 | 11.4 years |
| 10 kW | $3.65 | $25,550 | $31,731 | 11.2 years |
| 12 kW | $3.58 | $30,047 | $38,690 | 10.9 years |
| 14 kW | $3.50 | $34,339 | $45,854 | 10.7 years |
| 16 kW | $3.43 | $38,427 | $53,222 | 10.5 years |
| 18 kW | $3.36 | $42,311 | $60,794 | 10.3 years |
| 20 kW | $3.29 | $45,990 | $68,571 | 10.0 years |
How to Save on Solar Panels
There are a lot of companies available in North Bellmore, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Installation Process: Make sure you’re on the same page with the company regarding how the installation process will go and what needs to be done before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Contract: It’s important to read through your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what you can expect about your solar system’s energy production.
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like the EcoWatch team.
- Solar Panel Brands: Different companies will offer various brands and models of panels. If you know you want a specific brand, make sure the solar company you’re considering has it.
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 North Bellmore, NY Solar Cost FAQs
How much does it cost to install solar panels in North Bellmore?
The average cost of solar panels in North Bellmore is about $18,250 for a 5-kW system and $36,500 for a 10-kW system before the ITC, but the real cost will depend on stuff 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 North Bellmore?
Leasing solar panels can be an option if you can’t afford to 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 savings from going solar.
Can solar panels eliminate my power bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in North Bellmore, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.