Solar Panel Cost Guide in Beach Haven West, NJ (2023 Update)
- Beach Haven West Solar Installation Cost: $8,609
- 25-Year Savings: $10,863
- Payback Period: 11.0 Years
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Updated May 04, 2023
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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 2.77. 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 after 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 Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
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
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 |
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 Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Beach Haven West, NJ Solar Cost FAQs
What is the average cost of installing 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 real cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to consider when buying solar panels?
Cost is a crucial factor to consider, but whether it's the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Does Beach Haven West have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future energy bills.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to account for their typical energy usage.
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.