Solar Panel Cost Guide in Beach Haven West, NJ (Sep 2022)

  • Beach Haven West Solar Installation Cost: $8,609
  • 25-Year Savings: $10,863
  • Payback Period: 11.0 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Beach Haven West

Find out what the average cost of installing solar panels is in Beach Haven West.

Although the national average of solar panels is $2.66 per watt, solar panels in Beach Haven West generally cost around $3. Because a 4.4-kW system is needed to cover the energy costs of a typical home in Beach Haven West, the average price of going solar will be about $8,609 before claiming the federal solar tax credit of 30%.

These figures are only averages, and how much solar costs for you will vary based on the amount of energy your home requires and what company you go with. With typical savings of about $17,000 on electricity bills over 20 years, many homeowners in Beach Haven West find installing solar panels can pay off big.

To see your potential savings and connect with a local solar installer, click the button below.

Solar savings over time in Beach Haven West

Year Return on Investment
1 years $-7,830
3 years $-6,272
5 years $-4,715
7 years $-3,157
9 years $-1,599
11 years $-41
13 years $1,516
15 years $3,074
17 years $4,632
19 years $6,190
21 years $7,748
23 years $9,305
25 years $10,863

Top Solar Installers in Beach Haven West

Trying to put up solar panels yourself can be a difficult project, which is why using a solar installer is a good option for many homeowners. The payback period of solar panels will vary based on factors like your location and energy consumption, but going with a solar company can help you reach a break-even point sooner. Your provider will be able to help you identify incentives available in your area.

If you'd like to make the switch to solar but still aren't sure which solar panel installer to go with, here are our recommendations for providers in Beach Haven West:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

The Green Panel

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

See all of the solar companies in Beach Haven West

Factors that Affect Solar Panel Costs in Beach Haven West

For many Beach Haven West homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Beach Haven West, with typical prices between $20,000 to $40,000. There are numerous factors that significantly influence the price you'll pay, which we'll go over below.

Solar Equipment Size

When it comes to estimating the cost of a solar panel system in Beach Haven West, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy usage, which you can figure out by looking at past power bills. Your overall cost can increase by about $2,770 for each additional kilowatt you need. The brand and type of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.

Solar Financing Terms

If paying for solar panels in cash is too expensive, solar loans are a solid option because they reduce your upfront costs and allow you to pay for your system over five to seven years on average. However, the interest on solar loans also adds to your total costs, so it's vital to keep that in mind as well. You can always reduce the total you pay in interest and in some cases even your APR by putting more money down.

Solar Panel Installation Company

The final significant cost factor you should consider is the installer you choose. Given the booming popularity of clean energy solutions in Beach Haven West, you'll have plenty of options to choose from, but each comes at varying price points for labor and equipment. Companies that 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 come with an above-average cost. It's best to do some research and go with the company that offers the products, warranties and services you're looking for and also fit into 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 $2.88 $12,099 $14,231 11.5 years
8 kW $2.83 $15,822 $19,284 11.3 years
10 kW $2.77 $19,390 $24,493 11.0 years
12 kW $2.71 $22,803 $29,857 10.8 years
14 kW $2.66 $26,060 $35,376 10.6 years
16 kW $2.60 $29,163 $41,051 10.4 years
18 kW $2.55 $32,110 $46,880 10.2 years
20 kW $2.49 $34,902 $52,864 9.9 years

Solar Incentives in Beach Haven West

Name Successor Solar Incentive (SuSI) Program
Website Visit here
More Info Click here

Name Solar Energy Sales Tax Exemption
Incentive Amount 100% exemption
More Info Click here

Name Property Tax Exemption for Renewable Energy Systems
More Info Click here

Name Solar Renewable Energy Certificates (SRECs) Registration Program
Website Visit here
More Info Click here

Name NJ Clean Energy- Residential New Construction Program
Website Visit here
More Info Click here

Name Home Performance with ENERGY STAR Program
Website Visit here
More Info Click here

Name Home Performance with ENERGY STAR Program
Website Visit here
More Info Click here

Name COOLAdvantage Program
Website Visit here
More Info Click here

Name NJ Clean Energy- WARMAdvantage Program (Electric and Gas)
Website Visit here
More Info Click here

Name New Jersey Renewable Energy Incentive Program (Sustainable Biopower)
Website Visit here
More Info Click here

Name Residential Renewable Energy Tax Credit
Website Visit here
More Info Click here

How to Save on Solar Panels

There are a large number of companies available in Beach Haven West, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:

  • Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years most likely offer good-quality solar panel installation and expertise.
  • Warranty: Many companies offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
  • Contract: Before you sign a contract with a solar company, make sure you read it through carefully so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what the warranty covers and what services you can expect from them.
  • Solar Panel Brands: The type of solar panel you need to install plays a part in which installer you should go with, since different companies have different panels.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

The Green Panel

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

EcoWatch's Beach Haven West, NJ Solar Cost FAQs

How much does it cost to install solar panels in Beach Haven West?

The average cost of solar panels in Beach Haven West is about $13,850 for a 5-kW system and $27,700 for a 10-kW system before the ITC, but the actual cost will depend on things such as the model of solar panels you want, what size system you need and how much energy you consume.

Should I lease or buy solar panels in Beach Haven West?

Leasing solar panels can be an option if you can't afford to pay upfront or secure a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.

Is making the switch to solar worth it?

Solar panels can be a great investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already reasonably low, solar panels might not be for you.

How often do you have to replace solar panels?

On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.

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.

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