Solar Panel Cost Guide in Beattystown, NJ (2024 Update)
- Beattystown Solar Installation Cost: $11,855
- 25-Year Savings: $6,881
- Payback Period: 18.3 Years
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Average Cost of Solar Panels in Beattystown
Let’s take a look at the average cost of solar panels in Beattystown.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Beattystown, the average cost of solar panels is 4 per watt.Since a 4.8-kW system is needed to cover the energy needs of a typical home in Beattystown, the average price of going solar will be about $11,855 after claiming the federal solar tax credit of 0.
The actual price you pay can be above or below the average in Beattystown based on a few factors, such as the type of solar panels you choose and the solar company you hire.Despite the significant initial cost, the average Beattystown homeowner can save about $13,000 on their electricity bills over 20 years, which is one of the positives of solar.
For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Beattystown
Year | Return on Investment |
---|---|
1 years | $-10,796 |
3 years | $-8,678 |
5 years | $-6,559 |
7 years | $-4,441 |
9 years | $-2,323 |
11 years | $-204 |
13 years | $1,914 |
15 years | $4,033 |
17 years | $6,151 |
19 years | $8,269 |
21 years | $10,388 |
23 years | $12,506 |
25 years | $14,625 |
Top Solar Installers in Beattystown
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can use up a lot of your time and energy. Using a solar company can make your switch to solar power much easier. The expertise that solar installers provide can be invaluable as well, particularly if you don’t quite know what type of solar equipment you need.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some in Beattystown:
Best National Provider
SunPower
- 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
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Beattystown
Factors that Affect Solar Panel Costs in Beattystown
Even though the average cost of a solar system in Beattystown is $11,855, your final cost may be higher or lower than that. There are several factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to spend around $3,530 per kilowatt in Beattystown.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Beattystown, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a significant investment. That’s why many Beattystown homeowners decide to finance their solar panel systems to offset upfront costs.You’ll have to consider the long-term cost of financing options, including the total interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
The remaining major cost factor you should keep in mind is the installer you choose. Given the booming popularity of renewable energy solutions in Beattystown, you’ll have plenty of options to choose from, but each comes at different price points for labor and equipment.Larger national companies typically have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.
Solar Panel Cost Data by System Size
System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
---|---|---|---|---|
6 kW | $3.67 | $15,419 | $4,820 | 19.0 years |
8 kW | $3.60 | $20,163 | $6,822 | 18.7 years |
10 kW | $3.53 | $24,710 | $9,022 | 18.3 years |
12 kW | $3.46 | $29,059 | $11,419 | 17.9 years |
14 kW | $3.39 | $33,210 | $14,014 | 17.6 years |
16 kW | $3.32 | $37,164 | $16,807 | 17.2 years |
18 kW | $3.25 | $40,920 | $19,797 | 16.8 years |
20 kW | $3.18 | $44,478 | $22,985 | 16.5 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be a challenge, we have some tips to help you, such as:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to install your solar system. Another way you can check your installer’s reputation is by reading reviews.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, durability and energy efficiency. They will come at different price points as well. The company you choose affects which solar panel brands you have access to.
- Contract: Even though reading through a contract can take a lot of time, it’s important to do it fully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Warranty: A comprehensive, long-term warranty can help keep your solar system running for a long time and save you money on repairs and maintenance.
Best National Provider
SunPower
- 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
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Beattystown, NJ Solar Cost FAQs
How much does it cost to install solar panels in Beattystown?
The average cost of solar panels in Beattystown is about $17,650 for a 5-kW system and $35,300 for a 10-kW system before the ITC, but the real cost will depend on stuff like the model of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Beattystown?
You can’t get solar panels for free in Beattystown. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
How much can I save on electricity bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $674.63 per year.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.