Solar Panel Cost Guide in Roosevelt, NY (2024 Update)
- Roosevelt Solar Installation Cost: $9,833
- 25-Year Savings: $13,661
- Payback Period: 11.4 Years
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Average Cost of Solar Panels in Roosevelt
See how much it might cost to go solar in Roosevelt.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Roosevelt, the typical cost of a solar system is 4 per watt.Because a 3.8-kW system is needed to cover the energy usage of a typical home in Roosevelt, the average price of going solar will be about $9,833 after claiming the federal solar tax credit of 0.
The true cost of your system can go above or below the average in Roosevelt depending on a few factors, such as the brand of solar panels you choose and the solar company you hire.Many homeowners find adopting solar power is a sound investment. The average homeowner in Roosevelt can save about $21,000 on their power bills over 20 years.
For a customized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Roosevelt
| Year | Return on Investment |
|---|---|
| 1 years | $-8,930 |
| 3 years | $-7,124 |
| 5 years | $-5,319 |
| 7 years | $-3,513 |
| 9 years | $-1,708 |
| 11 years | $98 |
| 13 years | $1,903 |
| 15 years | $3,709 |
| 17 years | $5,514 |
| 19 years | $7,320 |
| 21 years | $9,125 |
| 23 years | $10,931 |
| 25 years | $12,737 |
Top Solar Installers in Roosevelt
When making the switch to solar, many homeowners choose to go with a solar installation company since putting up solar panels yourself can be a difficult project. Also, if you’d like to maximize your investment in solar, opting for a solar company can help with that too. Different providers can offer repairs, expertise on installation and sometimes even information on local incentives and net metering programs.
If you're on the hunt for a solar installer in Roosevelt, the EcoWatch team has put together a list of our top suggestions here:
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 Roosevelt
Factors that Affect Solar Panel Costs in Roosevelt
Although the average cost of a solar system in Roosevelt is $9,833, your final cost may be above or below the average. There are several factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to spend about $3,650 per kilowatt in Roosevelt.The 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. On the other hand, higher efficiency could save you more in the long run on your electric bills. Additionally, extra products, such as solar batteries, can bring your total well above the Roosevelt average.
Solar Financing Terms
If paying for solar panels out of pocket is too expensive, solar loans are a popular option because they decrease your upfront costs and let you pay for your system over a term of, on average, between five and seven years.However, the interest on solar loans also increases your all-in costs, so it’s crucial to take that into consideration as well. You can always bring down the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you choose will play a role in your total cost to make the switch to solar . Different companies will bill different amounts for the equipment and labor.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 cost more. It’s best to do some research and find a company that has the products, warranties and services you’re looking for and also is 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 | $17,745 | 11.8 years |
| 8 kW | $3.72 | $20,849 | $24,069 | 11.6 years |
| 10 kW | $3.65 | $25,550 | $30,598 | 11.4 years |
| 12 kW | $3.58 | $30,047 | $37,330 | 11.1 years |
| 14 kW | $3.50 | $34,339 | $44,267 | 10.9 years |
| 16 kW | $3.43 | $38,427 | $51,409 | 10.7 years |
| 18 kW | $3.36 | $42,311 | $58,755 | 10.5 years |
| 20 kW | $3.29 | $45,990 | $66,305 | 10.2 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, durability and energy efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
- Installation Process: When going solar, it’s necessary to keep an open line of communication with your solar company. Make sure you understand how the installation process works and the project completion timeline.
- Contract: When looking over your solar company’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
- Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
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 Roosevelt, NY Solar Cost FAQs
What is the average cost of installing solar panels in Roosevelt?
This is a hard question to answer precisely, 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 other solar equipment or more efficient panels, or if you have above-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Are solar panels free in Roosevelt?
Solar panels aren’t free in Roosevelt, 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 help lower the cost.
How will solar panels impact the value of my home?
Solar panels can increase the value of your home significantly as long as you buy or finance your panels and don’t choose 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."
How long do solar panels last in Roosevelt?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can opt to replace them after having them for that long or you can continue to use them at a lower efficiency.
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.