Solar Panel Cost Guide in Bridgewater, NJ (2025 Update)
- Bridgewater Solar Installation Cost: $11,701
- 25-Year Savings: $7,954
- Payback Period: 17.1 Years
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Average Cost of Solar Panels in Bridgewater
See how much it might cost to make the switch to solar in Bridgewater.
While the national average of solar panels is $2.66 per watt, solar panels in Bridgewater typically cost around 4.The average Bridgewater homeowner needs a 4.7-kilowatt system, which would cost about $11,701 with the federal tax credit, or $16,732 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The true cost of installing solar panels can vary quite a bit depending on several factors, such as what size system you need, your energy consumption and what installation company you go with.For many homeowners, the upfront investment in solar power is worth paying. On average Bridgewater homeowners see about $14,000 in savings on energy bills over 20 years.
To receive a free estimate from a vetted solar company in Bridgewater, you can click the button below.
Solar savings over time in Bridgewater
| Year | Return on Investment |
|---|---|
| 1 years | $-10,551 |
| 3 years | $-8,251 |
| 5 years | $-5,951 |
| 7 years | $-3,651 |
| 9 years | $-1,351 |
| 11 years | $949 |
| 13 years | $3,249 |
| 15 years | $5,549 |
| 17 years | $7,849 |
| 19 years | $10,149 |
| 21 years | $12,449 |
| 23 years | $14,749 |
| 25 years | $17,049 |
Top Solar Installers in Bridgewater
Installing solar panels by yourself can be a challenging undertaking, which is why hiring a solar installer is a good option for many homeowners. The expertise that solar installers offer can be useful as well, especially if you aren’t sure what brand of solar equipment you need.
If you’d like to start using solar energy but still aren’t sure which solar installer to go with, here are our suggestions for providers in Bridgewater:
See all of the solar companies in Bridgewater
Factors that Affect Solar Panel Costs in Bridgewater
There are a number of criteria that can affect your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. That’s why it’s a priority to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use.There are many different solar panel brands and the one you choose also affects the cost. Generally, the brands that are more efficient tend to also be more expensive. In addition, the type of equipment you choose can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Bridgewater to be too steep, even if the investment pays off over time. Fortunately, nearly every solar installer in the area provides access to financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to a higher cost over time because of interest.It’s wise to add the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
The final significant cost factor you should consider is the installer you choose. Given the booming popularity of sustainable energy solutions in Bridgewater, you’ll have many options to choose from, but each comes at varying price points for labor and equipment.The size of the company sometimes plays the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because they have more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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 | $6,293 | 17.8 years |
| 8 kW | $3.60 | $20,163 | $8,786 | 17.4 years |
| 10 kW | $3.53 | $24,710 | $11,477 | 17.1 years |
| 12 kW | $3.46 | $29,059 | $14,365 | 16.7 years |
| 14 kW | $3.39 | $33,210 | $17,451 | 16.4 years |
| 16 kW | $3.32 | $37,164 | $20,735 | 16.0 years |
| 18 kW | $3.25 | $40,920 | $24,217 | 15.7 years |
| 20 kW | $3.18 | $44,478 | $27,896 | 15.4 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Warranty: If you’re concerned about the longevity of your solar energy system, making sure your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should acquire and what the project timeline is.
- Contract: Before you sign a contract with a solar company, make sure you look it over completely so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Solar Panel Brands: The type of solar panel you’d like to install plays a role in which company you should go with, since different companies have access to different panels.
EcoWatch's Bridgewater, NJ Solar Cost FAQs
How much does it cost to install solar panels in Bridgewater?
This is a difficult question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $17,650 for a 5-kW system and $35,300 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Is cost the most important thing to keep in mind when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Bridgewater?
The majority of states offer net metering programs of some kind. Through these, you can either be compensated for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Bridgewater?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is how much energy they produce will have decreased significantly after that point. You can replace them once you've had them for that long or you can keep using them at a lower efficiency.
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.