Solar Panel Cost Guide in Oceanside, NY (2024 Update)
- Oceanside Solar Installation Cost: $9,833
- 25-Year Savings: $13,225
- Payback Period: 11.6 Years
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Average Cost of Solar Panels in Oceanside
Let’s take a look at the average cost of solar in Oceanside.
In Oceanside, solar panels cost about 4 per watt on average.The average Oceanside homeowner needs a 3.8-kilowatt system, which would cost about $9,833 with the federal tax credit, or $14,061 before the 0 tax credit is applied.
These figures are just averages, and how much solar costs for you will most likely look different based on your energy needs and what company you go with.Despite the large upfront cost, the average Oceanside homeowner can save around $21,000 on their electricity bills over 20 years, which is one of the positives of solar.
Click the button below to get connected to a top solar panel company in Oceanside for a customized quote.
Solar savings over time in Oceanside
| Year | Return on Investment |
|---|---|
| 1 years | $-8,619 |
| 3 years | $-6,190 |
| 5 years | $-3,762 |
| 7 years | $-1,334 |
| 9 years | $1,094 |
| 11 years | $3,522 |
| 13 years | $5,950 |
| 15 years | $8,378 |
| 17 years | $10,806 |
| 19 years | $13,234 |
| 21 years | $15,663 |
| 23 years | $18,091 |
| 25 years | $20,519 |
Top Solar Installers in Oceanside
Although you can install solar panels by yourself, it involves extra time and expertise. For that reason, most homeowners choose a solar panel installer. Companies can also have access to a large variety of the best solar panels and help you choose which one will be best for you.
Working with a professional solar company can make going solar easier. Here are our recommendations:
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
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Oceanside
Factors that Affect Solar Panel Costs in Oceanside
Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that affect your total cost in Oceanside: 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 variety of factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with better 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.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Oceanside, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That’s why many Oceanside homeowners decide to finance their solar panel systems to make going solar more affordable.While solar loans make adopting solar energy more accessible for Oceanside homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar company you go with to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar installation companies in Oceanside, and each can charge different amounts for labor and equipment.Companies that only sell high-quality, high-efficiency and high-price products — 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 find a company that has the products, warranties and services you’re looking for and also fits within 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 | $17,066 | 12.1 years |
| 8 kW | $3.72 | $20,849 | $23,163 | 11.8 years |
| 10 kW | $3.65 | $25,550 | $29,465 | 11.6 years |
| 12 kW | $3.58 | $30,047 | $35,972 | 11.4 years |
| 14 kW | $3.50 | $34,339 | $42,682 | 11.1 years |
| 16 kW | $3.43 | $38,427 | $49,597 | 10.9 years |
| 18 kW | $3.36 | $42,311 | $56,717 | 10.7 years |
| 20 kW | $3.29 | $45,990 | $64,041 | 10.4 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can verify your installer’s reputation is by reading reviews.
- Solar Panel Brands: Different companies will offer different brands and types of panels. If you know you want a specific brand, make sure the solar panel installer you’re considering has it.
- Warranty: If you care about the longevity of your solar system, verifying that your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Contract: Even though reading through a contract can take a lot of time, it’s important to do it carefully so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
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
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Oceanside, NY Solar Cost FAQs
What is the average cost of installing solar panels in Oceanside?
The average cost of solar panels in Oceanside 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 things such as the kind of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to keep in mind when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase your home value?
Solar panels can increase the value of your home remarkably as long as you buy or finance your panels and don’t opt for 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 solar panels."
What solar power system size is right for 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 buy 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.