Solar Panel Cost Guide in Dennis, NJ (2024 Update)
- Dennis Solar Installation Cost: $10,458
- 25-Year Savings: $14,554
- Payback Period: 11.5 Years
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Average Cost of Solar Panels in Dennis
We go over average solar pricing in Dennis.
The national average cost of solar panels is $2.66 per watt, but in Dennis it’s 4 per watt.The average Dennis homeowner needs a 4.2-kilowatt system, which would cost about $10,458 with the federal tax credit, or $14,955 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of making the switch to solar can vary depending on multiple factors, such as what size system you need, your energy consumption and what installation company you go with.But, after you've paid the initial cost of installation, the ROI for most homeowners is quite fruitful, with a net average savings of about $20,000 over 20 years on power bills.
To get a free estimate from a vetted solar installation company in Dennis, you can click the button below.
Solar savings over time in Dennis
| Year | Return on Investment |
|---|---|
| 1 years | $-8,960 |
| 3 years | $-5,964 |
| 5 years | $-2,967 |
| 7 years | $29 |
| 9 years | $3,025 |
| 11 years | $6,022 |
| 13 years | $9,018 |
| 15 years | $12,015 |
| 17 years | $15,011 |
| 19 years | $18,007 |
| 21 years | $21,004 |
| 23 years | $24,000 |
| 25 years | $26,996 |
Top Solar Installers in Dennis
When making the switch to solar, many homeowners decide to go with a solar installation company since DIY solar panel installation can be a difficult project. Some solar companies, particularly local ones, can help you better understand incentives in Dennis, optimizing your ROI.
Working with a vetted solar company can help your solar project go smoothly. Here are our recommendations:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Dennis
Factors that Affect Solar Panel Costs in Dennis
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that determine your overall cost in Dennis: 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
The size of the solar panel system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $3,530. There are a lot of different solar panel brands and the one you pick also changes the cost. Generally, the brands that offer higher efficiency tend to also be more expensive. Plus, the type of equipment you’re looking to install can affect your total cost. If you just 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 Dennis to be prohibitively expensive, even if the investment pays off over time. Thankfully, almost every solar installer in the area offers financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also result in paying more over time because of interest.Even though solar loans make adopting solar energy more accessible for Dennis homeowners, they can also add to the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.
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 Dennis is the company you hire 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 at different price points.Larger national companies typically have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra 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 | $3.67 | $15,419 | $16,847 | 11.9 years |
| 8 kW | $3.60 | $20,163 | $22,858 | 11.7 years |
| 10 kW | $3.53 | $24,710 | $29,067 | 11.5 years |
| 12 kW | $3.46 | $29,059 | $35,474 | 11.3 years |
| 14 kW | $3.39 | $33,210 | $42,078 | 11.0 years |
| 16 kW | $3.32 | $37,164 | $48,880 | 10.8 years |
| 18 kW | $3.25 | $40,920 | $55,879 | 10.6 years |
| 20 kW | $3.18 | $44,478 | $63,076 | 10.3 years |
How to Save on Solar Panels
The solar company you opt for will impact not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, including:
- Installation Process: When making the switch to solar energy, it’s necessary to maintain an open line of communication with your solar company. Confirm that you understand how the installation process will go and the project completion timeline.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like the EcoWatch team.
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Before you sign a contract with a solar company, make sure to look it over completely so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Dennis, NJ Solar Cost FAQs
How much does it cost to install solar panels in Dennis?
This is a difficult question to answer precisely, because the cost depends on many 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 above-average energy needs. Conversely, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Dennis?
You can’t get solar panels for free in Dennis. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Does Dennis have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future electricity bills.
How often do you have to replace solar panels?
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 the amount of 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.