Solar panels are a great way to save money on your electricity bill, and they’re becoming increasingly popular in Long Island. But how much do solar panels actually cost?
The average cost for a 6 kilowatt (kW) solar installation in Long Island is $17,280 and $12,787 after the federal tax credit. The average cost per watt for solar panels in Long Island is $3.36 per watt.
This may seem like a lot of money, but solar panels will eventually pay for themselves through the money you save on your electric bill. Solar panels typically last for 20-25 years, so over the long run, they are a very wise investment.
20 Year Savings:
Cost per Watt:
Average Cost of Solar Panels in Long Island (Based on System Size)
|System Size||System Cost||Cost after ITC|
Factors that Determine the Total Cost
- Size of the System
- Equipment Costs
- Solar Installation Company
- New York Solar Incentives, Tax Credits, and Rebates
- Financing Options
- Payback Period
- Electricity Rates
- Your Roof
- Costs by City
- Maintenance Costs
- Home Value Increase
Best Solar Companies in New York City
Island Park, NY
Good service and informative documentation.
Flexible financing options, 25 year warranty.
Sea Bright Solar
Staten Island, NY
Installs SunPower and Tesla Powerwall. Nearly 20 years experience.
Surf Clean Energy
Long Beach, NY
Home base is Long Island homes, but has experience with Queens, Brooklyn flat roofs.
New York, NY
Installs panels and batteries. Flexible payment options.
Knowledgable sales people. Northeast region focus, does not have NYC office.