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Written By David Cusick
Last Updated April 2024
A new solar energy system could give you a renewable power source that will eventually pay for itself. Adopting 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 reputable installer. That’s why we’ve reviewed the options and assembled a guide to the most dependable solar installation companies in Newstead. These top providers consistently deliver high-quality and dependable services.
Our Rating
Reliable customer support
Informative resources
Free quotes
Clear pricing policy
Services Offered
Our Rating
Free quotes
Informative resources
Reliable customer support
Clear pricing policy
Services Offered
Our Rating
Clear pricing policy
Free quotes
Reliable customer support
Informative resources
Services Offered
Our Rating
Informative resources
Reliable customer support
Clear pricing policy
Free quotes
Services Offered
Our Rating
Free quotes
Informative resources
Services Offered
Our Rating
Reliable customer support
Clear pricing policy
Informative resources
Services Offered
Our Rating
Clear pricing policy
Informative resources
Reliable customer support
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:
Adopting solar power lets homeowners lower utility bills while helping the environment by reducing your carbon footprint using clean energy. If you’re deciding whether to go solar, consider these key factors for choosing an installer.
Make sure you hire a licensed solar installer. This ensures that the work is done properly using current installation best practices. New York regulators do not issue licenses to contractors, so you should check with your city or county government for its specific regulations and requirements.
Check the Better Business Bureau (BBB), TrustPilot, Google Reviews, and other review sites to see what past customers have to say about local solar installers. Detailed reviews can help you evaluate a provider's reliability and customer service. Be wary of providers with few or mainly poor reviews.
Get free, detailed quotes from three to five solar companies. A quote should outline all costs and identify the solar parts included. Looking at several quotes can help you find the most cost-effective option.
Top-notch solar installations should have strong workmanship and performance guarantees. A workmanship warranty covers installation defects, such as poor wiring, poor alignment, or cracks in the panels. A performance guarantee 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 evaluating solar panel's cost and value, be sure to weigh these considerations.
Newstead homeowners typically spend about $11,696 on home solar systems after federal tax refunds. Solar arrays in Newstead cost approximately $3,650 per kilowatt, with the average residential solar system being 4.6 kilowatts. An estimate from a local solar provider will include costs for labor, preliminary work, and permit fees, and will account for your system's panel type, capacity, and size. Some homeowners 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:
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 smallest case, you can use a solar water heating system.
There are many advantages of home solar energy. You can reduce emissions, save money, and raise your property values. With the right storage equipment, solar panels can also give you additional energy security and offer some protection from power outages.
Generally speaking, your energy bills will decrease significantly after you install solar panels. This is because you're using the energy you generate for free rather than buying it from your power company. In Newstead, the average amount someone can save is $620 per year. With net metering programs offered by many utilities, you could ultimately make a profit from your system when your payback period is done.
Your payback period is the time to achieve an ROI on your solar panels. It will vary based on the rate your utility charges per kilowatt of power, their rated capacity, and the average sunlight in your area. Newstead gets a moderate amount of sunlight each day, so you could expect a maximum payback period of 18.9 years per 5 kW of power depending on other factors.
The type of solar panels you have will have specific maintenance steps to follow. Regardless of type, you should clean your panels regularly and inspect them for damage. Full-service solar contractors in the Newstead area offer low-cost maintenance plans to help you make the most of your panels and keep them healthy for as long as possible.
The answer ultimately depends on your specific situation. You'll be eligible for a federal tax credit of up to 30% of the system's cost, as well as state or local incentives depending on where you are. As for insurance, you'll need to inform your insurance company about your new solar panels. Your premium may increase due to added property values, but you'll have peace of mind if a covered event happens to the system.