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Written By David Cusick
Last Updated June 2024
Solar energy is becoming increasingly popular for Inwood homeowners. A new solar energy system can help you provide a dependable source of power, add value to your property, and decrease your carbon footprint. Transitioning to solar energy can lower your monthly energy expenses and decrease your carbon output. Before you begin the process, you want to make sure you find a trustworthy installer. Luckily, we've reviewed the options and created a guide to the best and most reputable solar installation providers in Inwood.
Free quotes
Informative resources
Services Offered
Free quotes
Clear pricing policy
Informative resources
Reliable customer support
Services Offered
Clear pricing policy
Reliable customer support
Informative resources
Family-operated business
Prompt service delivery
Free quotes
Services Offered
Clear pricing policy
Informative resources
Reliable customer support
Prompt service delivery
Free quotes
Services Offered
Free quotes
Reliable customer support
Clear pricing policy
Services Offered
Reliable customer support
Informative resources
Free quotes
Clear pricing policy
Services Offered
Free quotes
Reliable customer support
Informative resources
Clear pricing policy
Services Offered
Free quotes
Clear pricing policy
Reliable customer support
Services Offered
Reliable customer support
Informative resources
Services Offered
Clear pricing policy
Informative resources
Reliable customer support
Free quotes
Services Offered
Today's Homeowner looks at dozens of datapoints on solar companies to come up with our data-driven rankings. It's not possible for a company to pay for preferential treatment in our rankings. We look at the following key factors in determining who should top our list:
Going solar can be a great way to reduce electricity costs and help the planet by reducing your carbon footprint using renewable energy. Here are some crucial factors to consider when evaluating if a solar installer is trustworthy.
Hiring a licensed solar installer is critical. This ensures that the work is done properly using current best installation practices. The New York state government does not issue licenses to contractors, so you should check with your county or city government for its specific regulations and requirements.
Look at review platforms such as the Better Business Bureau (BBB), TrustPilot, and Google Reviews to find out what previous customers are saying about local solar companies. Reviews can give you an idea of a company’s reliability and customer service. Avoid companies with no reviews or with predominantly negative feedback.
Contact 3–5 solar companies to receive free, detailed quotes. Quotes should clearly outline all costs and specify the exact solar components included. Comparing multiple quotes helps identify the option that best fits your budget.
Top-notch solar installations should include strong workmanship and performance warranties. A workmanship guarantee covers installation issues, such as poor alignment, cracks in the panels, or poor wiring. A performance warranty ensures a minimum energy output. Comprehensive warranties indicate that a solar company believes in its work.
Solar energy can help lower your electricity costs long-term. When weighing solar panel's cost and value, be sure to factor in these considerations.
In Inwood, solar panels cost an average of $3,650 per kilowatt, with an average system size of 3.8 kilowatts. The typical Inwood homeowner spends $9,833 on their solar array after federal tax refunds. An estimate from a local provider will factor in additional information reflecting your desired system's panel type, required preliminary work, capacity, and size. In some cases, homeowners may prefer to lease solar panels to reduce upfront costs.
Incentive Type: Corporate Tax Credit
Incentive Amount:
$0.01/gallon for each percent of biodiesel
Incentive Type: Sales Tax Incentive
Incentive Amount:
100% exemption
Incentive Type: Sales Tax Incentive
Incentive Amount:
Upon local authorization, 100% exemption from local sales tax
Incentive Amount:
Incentive rates step down over time as MW goals are met. Incentive rates as of 11/27/2019 are:
Residential:
Long Island Region: $0.00/W (MW blocks have been fully subscribed)
Con Edison Region: $0.30/W
Upstate Region: $0.35/W
Low-to-Moderate income customers: $0.80/W (up to 10 kW)
Small Commercial (Non-Residential):Long Island Region: $0.00/W (MW blocks have been fully subscribed)
Con Edison Region: $0.60/W
Up State Region: $0.45/W
Multifamily Affordable Housing Adder: additional $0.40/W (up to 50 kW)
Incentive Amount:
Appliances
Advanced Power Strips: $10 - $20
Air Purifier: $25 - $50
Clothes Dryer: $50 - $250
Clothes Washer: $50
Dehumidifier: $30
Dishwasher: $50
Exhaust Fan: $20 - $25
Electric Freezer: $30
Heat Pump Water Heater: $650
Pool Pumps: $150 - $350
Refrigerator: $50
Refrigerator Recycling: $50
Lighting
Instant Rebates Vary by Product
Bulk Light Purchases: Up to $2 - $3/unit
Cooling & Heating
Central Air Conditioning: $450
Smart Thermostat: $85
Ground Source Heat Pump: $2,000/ton
Incentive Amount:
Tier I: 10,000 kWh of expected annual energy production: $3.50/annual kWh
Tier II: 10,000 kWh - 125,000 kWh of expected annual energy production: $1.00/annual kWh
Tier III: 125,000 kWh - 1,000,000 kWh of expected annual energy production: $0.30/ annual kWh
Tier IV: Greater than 1,000,000 kWh of expected annual energy production: $0.15/ annual kWh
These incentives are additive.
Incentive Amount:
Generally speaking, a solar photovoltaic (PV) system can be used to power any household system or appliance that uses electricity. In the simplest case, you can use a solar water heating system.
With home solar panels, you can save money on your energy bill, lower your property's emissions, and be better prepared if there's an outage to the local grid.
Of course. The grid in Inwood already uses a large share of renewable energy sources, and you may be able to sell your excess generated energy to your utility for additional cost savings.
You might be pleasantly surprised at how quickly you can get a return on investment from your solar panels. The sun shines frequently in Inwood, meaning your payback period could last 8.8 years per 5 kW of capacity on the high end.
Net metering is a power purchasing policy that allows solar energy system owners to receive compensation for the amount of energy they put back into the grid. It's available in most states and is a great way to reduce energy costs.
While solar energy might not be ideal for some in dark or wet areas, the latest generation of equipment and energy storage systems could boost your property's solar viability enough where you could achieve a return on investment. A contractor could also recommend a different primary source of renewable energy like wind or geothermal to boost your generation.