Get a Cost/Benefit Analysis for Solar Panels in East Northport, NY

The appeal of solar panels is that they can potentially save you money and give you energy independence. When solar is done right, it can reduce the amount of energy you take from the grid, while providing an excellent return on investment over a 25+ year lifetime.

Power Solutions is ready to help you uncover the true value of solar panels in East Northport, NY. Let’s look at how a cost/benefit analysis is the most important piece of information you need before installing solar.

What is a Solar Cost/Benefit Analysis?

A solar cost/benefit analysis is a breakdown of potential savings vs. the real cost of switching to solar in East Northport. There are a few factors that Power Solutions considers before recommending solar to a homeowner:

• How many solar panels does the home need, and how much will the installation cost?
• Are there any available tax credits or incentives? (Most NY residents qualify for a 25% state tax credit based on the cost of solar installation, up to a maximum of $5,000).
• What does average monthly energy consumption and billing look like?
• How much energy usage will the solar panels offset, and how much would this save at today’s PSEG LI rates?
• How long will the system take to pay for itself? The average payback period on Long Island is 8 – 10 years, while solar panels usually last 25 – 30 years.

A simple preliminary cost/benefit analysis can be done using a “typical” East Northport solar installation, but this doesn’t tell the whole story. Initial estimates from Power Solutions are based on satellite data, but our proposed system designs are customized, developed with on-site assessment and drone surveys, and suited to the needs of the household. We look at all factors that affect solar production, including shade structures like trees and other buildings that surround your home.

That’s why our cost/benefit breakdowns are more detailed and more accurate.

Will You Save Money When Switching to Solar?

In almost every case, a Long Island household will save money when using solar panels. Your energy consumption patterns and spending might be unique, but there are some simple truths to solar that effectively guarantee savings over time:

• The cost of electricity in East Northport, Long Island, and the whole of New York state is more expensive than anywhere else in America except for Hawaii and Alaska. PSEG rates in 2025 were up to 36 cents per kilowatt hour during peak times.
• A rooftop solar array reduces your reliance on the grid. You will take less from PSEG, so your bill will shrink.
• Excess daytime production can go out to the grid, generating credits and helping to pay for some of your evening consumption.
• High production months help to cover low production months thanks to a bi-directional smart meter and Net Metering.

Residential solar is inherently designed to save you money. However, if your system isn’t optimized for your unique home, then it might cost more than it’s worth, or the savings could be small and not worth the investment. If your system is perfectly optimized for your needs, right down to the number of panels and their orientation to the sun, it will maximize energy production and savings.

That’s where a highly-rated East Northport solar installer can help. Power Solutions has connected thousands of satisfied customers to solar. We go above and beyond to plan systems that maximize savings. Our cost/benefit analysis isn’t just a bunch of numbers to make a sale. It’s a roadmap for potential savings.

Get a Free Estimate and Consultation from the Best Solar Company Near You

At Power Solutions, we believe in transparency and helping families to make the right financial decisions. We only recommend solar when it makes sense. It will cost you nothing to see what solar could do for your home.

Request your free ballpark solar estimate online, and we will prepare a detailed energy savings evaluation to find out if solar is right for you.