Solar Panel Cost Guide in Country Lake Estates, NJ (2025 Update)
- Country Lake Estates Solar Installation Cost: $11,389
- 25-Year Savings: $10,535
- Payback Period: 14.6 Years
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Average Cost of Solar Panels in Country Lake Estates
Find out what the average cost of a solar system is in Country Lake Estates.
The national average cost of solar panels is $2.66 per watt, but in Country Lake Estates it’s 4 per watt.The average solar panel system size in Country Lake Estates is around 4.6 kilowatts, meaning a cost of about $11,389 for a solar installation, or $16,286 before the 0 federal solar tax credit is applied.
How much you pay can be above or below the average in Country Lake Estates depending on a variety of factors, such as the kind of solar panels you choose and the solar company you hire.For many homeowners, the upfront cost of solar power is worth paying. On average you could be looking at about $16,000 in savings on electricity bills over 20 years.
You can click the button below to get connected with a top solar company in Country Lake Estates for a quote for your home.
Solar savings over time in Country Lake Estates
| Year | Return on Investment |
|---|---|
| 1 years | $-9,891 |
| 3 years | $-6,895 |
| 5 years | $-3,898 |
| 7 years | $-902 |
| 9 years | $2,094 |
| 11 years | $5,091 |
| 13 years | $8,087 |
| 15 years | $11,083 |
| 17 years | $14,080 |
| 19 years | $17,076 |
| 21 years | $20,073 |
| 23 years | $23,069 |
| 25 years | $26,065 |
Top Solar Installers in Country Lake Estates
Trying to put up solar panels yourself can be a stressful project, which is why using a solar installer is a good option for many homeowners. Plus, if you’re unsure what kind of solar panels and equipment you want, a solar expert can help you find the right equipment for you after a site survey and consultation.
If you’d like to switch to solar energy but still aren’t certain which solar company to go with, here are our suggestions for providers in Country Lake Estates:
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 Country Lake Estates
Factors that Affect Solar Panel Costs in Country Lake Estates
There are a number of criteria that can play into your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That’s why it’s a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use.There are several different solar panel brands and the one you pick also changes the cost. Generally speaking, the brands that have better efficiency tend to also cost more. Additionally, the type of equipment you’re looking to get 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
Most solar installers in Country Lake Estates offer solar loans, which reduce the initial cost of installing solar panels.Although solar loans make switching to solar energy more accessible for Country Lake Estates homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar company you hire to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar installation companies in Country Lake Estates, and each can charge varying amounts for labor and equipment.You may notice national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $9,929 | 15.2 years |
| 8 kW | $3.60 | $20,163 | $13,634 | 14.9 years |
| 10 kW | $3.53 | $24,710 | $17,536 | 14.6 years |
| 12 kW | $3.46 | $29,059 | $21,636 | 14.3 years |
| 14 kW | $3.39 | $33,210 | $25,934 | 14.0 years |
| 16 kW | $3.32 | $37,164 | $30,430 | 13.7 years |
| 18 kW | $3.25 | $40,920 | $35,123 | 13.5 years |
| 20 kW | $3.18 | $44,478 | $40,014 | 13.2 years |
How to Save on Solar Panels
Since the model of solar panels and the installation company you choose has an impact on your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose affects which solar panel brands you have access to.
- Warranty: Warranties that provide coverage for replacement parts and repairs over around 25 years are the gold standard in the business, and offering that kind of warranty is one mark of a quality company.
- Contract: It’s important to read your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system’s energy production.
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like EcoWatch.
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 Country Lake Estates, NJ Solar Cost FAQs
What is the average cost of installing solar panels in Country Lake Estates?
This is a hard question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $17,650 for a 5-kW system and $35,300 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in Country Lake Estates?
Leasing solar panels can be an attractive choice, because it usually comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better option if you want to maximize your savings.
How will installing solar panels impact my property value?
Solar panels can increase the value of your home considerably as long as you buy or finance your panels and don’t opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
How long do solar panels last in Country Lake Estates?
Even 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 how much energy they produce will have decreased significantly after that point. You can choose to replace them after having 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.
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.