Solar Panel Cost Guide in Brigantine, NJ (2023 Update)
- Brigantine Solar Installation Cost: $8,682
- 25-Year Savings: $14,078
- Payback Period: 9.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Brigantine
We break down average solar pricing in Brigantine.
In Brigantine, solar panels cost about 2.77 per watt on average. Since a 4.5-kW system is needed to cover the energy costs of a typical home in Brigantine, the average price of going solar will be about $8,687 after claiming the federal solar tax credit of 30%.
These figures are only averages, and how much solar costs for you may look different based on the amount of energy your home requires and what company you choose to go with. But, after you've paid the initial cost of installation, the payback for most homeowners is usually fruitful, with a net average savings of about $19,000 over 20 years on electricity bills.
Click the button below to get connected to a reputable solar panel company in Brigantine for a custom estimate.
Solar savings over time in Brigantine
Year | Return on Investment |
---|---|
1 years | $-7,184 |
3 years | $-4,188 |
5 years | $-1,191 |
7 years | $1,805 |
9 years | $4,801 |
11 years | $7,798 |
13 years | $10,794 |
15 years | $13,791 |
17 years | $16,787 |
19 years | $19,783 |
21 years | $22,780 |
23 years | $25,776 |
25 years | $28,772 |
Top Solar Installers in Brigantine
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Taking advantage of a solar company can make converting to solar power much easier. The payback period on an investment in solar panels will vary depending on factors like your roof configuration and energy needs, but going with a solar installer can help you reach a break-even point sooner. Your provider will be able to help you get the most out of incentives available in your area.
If you'd like to go solar but still aren't sure which solar panel installer to go with, here are our recommendations for providers in Brigantine:
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 Brigantine
Factors that Affect Solar Panel Costs in Brigantine
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few major factors that will push your cost above or below the average in Brigantine: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to pay about $2,770 per kilowatt in Brigantine. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Brigantine, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in Brigantine provide solar loans, which reduce your upfront costs of installing solar. You'll have to consider the long-term cost of loans, 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 more than the principal cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in Brigantine is the company you get to install your PV system. Similar to choosing a company to build a deck or pool, for instance, there are plenty of solar installers that offer a range of services for different budgets. Some companies 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 at a higher cost. It's best to do some research and choose a company that has the products, warranties and services you're looking for and also is within 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 | $18,399 | 9.9 years |
8 kW | $2.83 | $15,822 | $24,842 | 9.7 years |
10 kW | $2.77 | $19,390 | $31,441 | 9.5 years |
12 kW | $2.71 | $22,803 | $38,194 | 9.3 years |
14 kW | $2.66 | $26,060 | $45,103 | 9.2 years |
16 kW | $2.60 | $29,163 | $52,166 | 9.0 years |
18 kW | $2.55 | $32,110 | $59,385 | 8.8 years |
20 kW | $2.49 | $34,902 | $66,759 | 8.6 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose significantly impacts your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: It's important to read through your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system's energy production.
- Warranty: If you care about the longevity of your solar panel system, making sure your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Solar Panel Brands: The brand of solar panel you'd like to install plays a role in which company you should choose, since different companies offer different panels.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to install your solar system. Another way you can look into your installer's reputation is by reading reviews.
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 Brigantine, NJ Solar Cost FAQs
How much does it cost to install solar panels in Brigantine?
The average cost of solar panels in Brigantine 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 stuff like the kind of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Brigantine?
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 don't have access to 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 savings from going solar.
Is it worth going solar in Brigantine?
Solar panels can be a fruitful 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 pretty low, solar panels might not be for you.
How long do solar panels last in Brigantine?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can replace them after having them for that long or you can continue to use 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.
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.