Solar Panel Cost Guide in East Brunswick, NJ (Feb 2023)
- East Brunswick Solar Installation Cost: $9,075
- 25-Year Savings: $8,151
- Payback Period: 13.2 Years
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Top Solar Installers in East Brunswick
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can use up a lot of your time and energy. Going with a solar company can make your switch to solar power much easier. A solar installer can also help save you money over the lifespan of your system by offering warranties, repairs and part replacements.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some nearby:
See all of the solar companies in East Brunswick
Factors that Affect Solar Panel Costs in East Brunswick
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few key factors that determine your overall cost in East Brunswick: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. Because of that, 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 type of solar panels and equipment you want is another factor that will largely impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more costly. Further, solar equipment goes beyond 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
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are provided by most installers in East Brunswick, which can lower, or in some cases totally eliminate, your upfront costs to make solar more affordable. It's wise to factor the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
The final significant cost factor you should take into consideration is the installer you choose. Given the booming popularity of clean energy solutions in East Brunswick, you'll have lots of options to choose from, but each comes at different price points for labor and equipment. The company's size sometimes plays the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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||$9,984||13.7 years|
|8 kW||$2.83||$15,822||$13,623||13.4 years|
|10 kW||$2.77||$19,390||$17,416||13.2 years|
|12 kW||$2.71||$22,803||$21,365||12.9 years|
|14 kW||$2.66||$26,060||$25,469||12.6 years|
|16 kW||$2.60||$29,163||$29,728||12.4 years|
|18 kW||$2.55||$32,110||$34,142||12.1 years|
|20 kW||$2.49||$34,902||$38,711||11.9 years|
How to Save on Solar Panels
Since the type of solar panels and the installation company you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should secure and how long the project will take.
- Contract: Although reading through a contract can be tedious, it's important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: The brand of solar panel you'd like plays a part in which installer you should go with, since different companies have access to different panels.
EcoWatch's East Brunswick, 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.