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Top Solar Installers in Clementon
When going solar, many homeowners opt to go with a solar installer since overseeing your solar installation yourself can be a difficult project. A solar installer can also help save you money in the long run by providing warranties, repairs and system component replacements.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some near you:
See all of the solar companies in Clementon
Factors that Affect Solar Panel Costs in Clementon
There are several criteria that can play into your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment Size
System size is one of the largest factors that influences the overall cost of going solar. For that reason, it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use. The model of solar panels and equipment you want is another factor that will significantly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Plus, solar equipment is more than just the solar panels themselves. You'll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Clementon to be too expensive, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also result in higher prices over time because of interest. Though solar loans make adopting solar energy more accessible for Clementon homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar company you hire to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar panel companies in Clementon, and each can charge varying amounts for labor and equipment. Larger national companies typically have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have access to 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||$2.88||$12,099||$14,055||11.6 years|
|8 kW||$2.83||$15,822||$19,050||11.3 years|
|10 kW||$2.77||$19,390||$24,200||11.1 years|
|12 kW||$2.71||$22,803||$29,505||10.9 years|
|14 kW||$2.66||$26,060||$34,966||10.7 years|
|16 kW||$2.60||$29,163||$40,581||10.5 years|
|18 kW||$2.55||$32,110||$46,352||10.2 years|
|20 kW||$2.49||$34,902||$52,278||10.0 years|
Solar Incentives in Clementon
|Name||NJ Clean Energy- Residential New Construction Program|
|Incentive Amount|| Incentives depend on the HERS score and the classification |
Single family homes: Ranges from $1,125 to - 24,250
Multi-single homes: Ranges from $1,125 to $18,188
Multifamily homes: Ranges from $625-$12,125
|Incentive Max|| Multifamily: up to $12,125 |
Individual homes: up to $24,250
|More Info||Click here|
|Name||Property Tax Exemption for Renewable Energy Systems|
|Incentive Amount||100% of value added by renewable system|
|More Info||Click here|
|Name||Successor Solar Incentive (SuSI) Program|
|Incentive Amount|| Net-Metered Residential: $90/SREC-II |
Small Net-Metered Non-Residential located on Rooftop, Carport, Canopy and Floating Solar
Projects smaller than 1 MW (dc): $100/SREC-II, $120 for public entities
Projects 1 MW to 5 MW (dc): $90/SREC-II, $110 for public entities
Net Metered Non-Residential Ground Mount
Projects smaller than 1 MW (dc): $85/SREC-II, $105 for public entities
Projects 1 MW to 5 MW (dc): $80/SREC-II, $100 for public entities
Community Solar LMI: $90/SREC-II
Community Solar Non-LMI: $70/SREC-II
|Incentive Max|| MW-DC Capacity Blocks |
Net Metered Residential: 150 MW
Net Metered Non-Residential: 150 MW
Community Solar (LMI and Non-LMI): 150 MW
|More Info||Click here|
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be a challenge, we have some tips to help you, such as:
- Solar Panel Brands: Different companies will carry different brands and kinds of panels. If you know you want a specific brand, make sure the solar installer you're considering has it.
- Reputation: Long-standing companies likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the completion timeline.
- 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 you can expect about your solar system's energy production.
EcoWatch's Clementon, NJ Solar Cost FAQs
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.