How Much Does Solar Installation Cost on Long Island
If you’re thinking about making the switch to clean energy, the solar installation cost on Long Island will be a major deciding factor. The solar installation cost on Long Island varies depending on the project details.
Learn how the cost is calculated with Long Island Power Solutions, the best solar installer near you.
Is There a “Real” Average Solar Installation Cost on Long Island?
Solar installation cost on Long Island can vary depending on the size of the home, the needs of the homeowner, and the size of the system. There are other factors to consider when looking at the solar installation cost on Long Island, which we will cover in the following section.
The most important thing to remember is that there’s no real average solar installation cost on Long Island because each project is vastly different. However, we can look at a range of averages for New York State, which will give you an idea of what you might be looking at.
- The average system cost for a 5 kW system in New York is just over $14,200 in 2022.
- The average system cost for a 10 kW system is just over $28,000 in 2022.
The problem with averages is that they don’t represent every customer, which is why it’s impossible to give you a real idea of solar installation cost on Long Island without considering your unique scenario and the type of system that you need.
Cost to Install Solar Panels on Houses with Old Roofing
The cost to install solar panels on houses with old roofing is increased when the roof needs to be replaced. Solar is mounted to the roof using special racking and flashing systems. If the roof is too old or too weak, it can be replaced by us. The cost to install solar panels on houses with old roofing will be adjusted to include any of the reroofing or maintenance work.
While the cost to install solar panels on houses with old roofing is increased because of the additional labor and materials, you will ultimately come out better off.
Solar panels can last for around 30 years before replacement components are needed. At Long Island Power Solutions, we provide a 25-Year Warranty for your peace of mind.
Residential Solar Panel Cost is Reduced by Tax Benefits and Incentives
Keep in mind that the residential solar panel costs that you see online are probably lacking an adjustment for the 26% Federal Investment Tax Credit, and the various New York incentives, credits, and rebates that are available to help with residential solar panel costs.
In some cases, the initial residential solar panel cost can be reduced by as much as half (sometimes more), depending on the size of the system and the incentives that you are eligible for.
Some benefits are even added to the top of your installation. NYSERDA provides a financial incentive for new solar installations that are paid directly to the contractor and passed to the customer. Always choose a NYSERDA Approved Contractor like Long Island Power Solutions.
To learn about residential solar panel costs, tax credits, and benefits, talk to us today for your complete energy evaluation.
The Cost of Home Solar in Suffolk County Compared to Other Investments
When thinking about the cost of home solar in Suffolk County or anywhere on Long Island, it’s important to keep it in perspective. Solar is an investment and it can pay dividends with savings over time. Compared to other home improvements, solar is more likely to give you long-term benefits.
The average homeowner spends between $12,000 and $21,000 on a full kitchen remodel. So, you can actually spend less on solar, and enjoy significant electric bill savings.
The cost of home solar in Suffolk County is often less than adding an extension to a home or performing extensive remodeling through halls, living, and dining areas. You’ll even find that the cost of home solar in Suffolk County is more affordable than a complete basement finishing project in some cases.
Don’t let the initial cost of home solar in Suffolk County put you off one of the most valuable investments that you can make in your home. Most solar systems pay for themselves within the first 6 – 7 years. Start with your estimate for solar installation cost on Long Island with the team at Power Solutions.