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Top Solar Installers in Cranbury
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Going with a solar company can make switching to solar power much easier. Local solar installers can also help you maximize your return on investment by walking you through any local incentives and by providing warranties and repairs.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
See all of the solar companies in Cranbury
Factors that Affect Solar Panel Costs in Cranbury
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few key factors that affect your total cost in Cranbury: 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 Size
The size of the solar system you need is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,770. The brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Cranbury to be too steep, even if the investment pays off over time. Fortunately, nearly every solar company in the area offers financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also result in paying more over time due to interest. 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 original cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
A final factor to keep in mind when trying to estimate the cost of solar for your home or business in Cranbury is the company you choose to install your solar panel system. As with choosing a company to install new cabinets, for example, there's no shortage of solar installers that provide a range of services for different budgets. You may see national solar installers that have lower prices due to their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials 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||$2.88||$12,099||$9,717||13.9 years|
|8 kW||$2.83||$15,822||$13,267||13.6 years|
|10 kW||$2.77||$19,390||$16,971||13.3 years|
|12 kW||$2.71||$22,803||$20,831||13.1 years|
|14 kW||$2.66||$26,060||$24,846||12.8 years|
|16 kW||$2.60||$29,163||$29,015||12.5 years|
|18 kW||$2.55||$32,110||$33,340||12.3 years|
|20 kW||$2.49||$34,902||$37,821||12.0 years|
Solar Incentives in Cranbury
How to Save on Solar Panels
There are a lot of companies available in Cranbury, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: The brand of solar panel you'd like plays a part in which installer you should opt for, since different companies provide different panels.
- Contract: Read the contract terms carefully to make sure you understand the overall cost, completion timeline rebates and warranties.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panel system running for a long time and save you money on repairs and maintenance.
EcoWatch's Cranbury, 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.