Solar Panel Cost Guide in East Windsor, NJ (2024 Update)
- East Windsor Solar Installation Cost: $11,653
- 25-Year Savings: $7,873
- Payback Period: 17.1 Years
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Average Cost of Solar Panels in East Windsor
See how much it might cost to make the switch to solar in East Windsor.
While the national average of solar panels is $2.66 per watt, solar panels in East Windsor generally cost around 4.To cover the typical energy usage of the average home in East Windsor, most homeowners require a 4.7-kilowatt system. Using the figure above, a solar installation costs about $11,653, or $16,664 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The true cost of installing solar panels can vary depending on a few factors, such as what size system you need, your energy usage and what installation company you go with.But, after you've paid the initial cost of installation, the payback for most homeowners is typically rewarding, with a net average savings of about $14,000 over 20 years on energy bills.
You can click the button below to get connected with a top solar installer in East Windsor that can help you get a more accurate cost estimate for your home.
Solar savings over time in East Windsor
| Year | Return on Investment |
|---|---|
| 1 years | $-10,594 |
| 3 years | $-8,476 |
| 5 years | $-6,357 |
| 7 years | $-4,239 |
| 9 years | $-2,120 |
| 11 years | $-2 |
| 13 years | $2,116 |
| 15 years | $4,235 |
| 17 years | $6,353 |
| 19 years | $8,472 |
| 21 years | $10,590 |
| 23 years | $12,708 |
| 25 years | $14,827 |
Top Solar Installers in East Windsor
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can use up a lot of your time and energy. Using an installer can make your swap to solar power much easier. Plus, if you’re not certain what brand of solar panels and equipment you may need, a solar expert can help you figure that out after a site survey and consultation.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some nearby:
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 East Windsor
Factors that Affect Solar Panel Costs in East Windsor
The cost of installing a solar system in East Windsor can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
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 important to accurately gauge 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 choose is another factor that will greatly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Plus, 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 for a solar system that falls within your budget.
Solar Financing Terms
If paying for a solar system out of pocket is out of reach, solar loans are an affordable option because they lower your upfront costs and let you pay for your system over a term of, on average, between five and seven years.It’s a good idea to include the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
The solar company you choose will affect your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and decide on the company that offers the products, warranties and services you want and also fits within your budget.
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 | $6,231 | 17.8 years |
| 8 kW | $3.60 | $20,163 | $8,704 | 17.5 years |
| 10 kW | $3.53 | $24,710 | $11,374 | 17.1 years |
| 12 kW | $3.46 | $29,059 | $14,242 | 16.8 years |
| 14 kW | $3.39 | $33,210 | $17,307 | 16.4 years |
| 16 kW | $3.32 | $37,164 | $20,570 | 16.1 years |
| 18 kW | $3.25 | $40,920 | $24,031 | 15.8 years |
| 20 kW | $3.18 | $44,478 | $27,690 | 15.4 years |
How to Save on Solar Panels
The solar panel company you go with will affect not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should take into account, including:
- Contract: Though 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.
- Solar Panel Brands: Different companies will carry various brands and types of panels. If you know you want a specific brand, make sure the solar installer you’re considering has it.
- Warranty: Companies typically offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years most likely provide high-quality solar panel installation and expertise.
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 East Windsor, NJ Solar Cost FAQs
How much does it cost to install solar panels in East Windsor?
This is a tough question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $17,650 for a 5-kW system and $35,300 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you want a smaller solar panel system or less expensive solar panels.
What other factors should I consider other than cost when buying solar panels?
The upfront cost is a key factor to consider, but whether it’s the most important for you depends on your goals for going solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Does East Windsor have a net metering program?
The majority of states offer net metering programs of some kind. Through these, you can be compensated for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.