Solar Panel Cost Guide in Evesham, NJ (Feb 2023)
- Evesham Solar Installation Cost: $8,939
- 25-Year Savings: $11,367
- Payback Period: 11.0 Years
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Top Solar Installers in Evesham
When going solar, many homeowners prefer to use a solar installation company since installing solar panels yourself can be a challenging project. In addition, if you'd like to maximize your investment in solar, opting for a solar company can help with that too. Different providers can offer repairs, expertise on installation and sometimes even information on local incentives.
If you're looking for a solar company in Evesham, the EcoWatch team has organized a list of our top suggestions here:
See all of the solar companies in Evesham
Factors that Affect Solar Panel Costs in Evesham
While the average cost of a solar system in Evesham is $8,939, your final cost may differ. There are several factors that can have a major impact on the cost of a solar system installation. Below are some of the more crucial things to take into consideration.
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. Because of that, it's crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Evesham, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are available from most installers in Evesham, which can lower, or in some cases totally eliminate, your upfront costs to make solar more affordable. When figuring out your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar panel installer you pick will affect your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor. Additionally, some companies in Evesham know more about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
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||$14,333||11.4 years|
|8 kW||$2.83||$15,822||$19,421||11.2 years|
|10 kW||$2.77||$19,390||$24,664||11.0 years|
|12 kW||$2.71||$22,803||$30,062||10.8 years|
|14 kW||$2.66||$26,060||$35,616||10.6 years|
|16 kW||$2.60||$29,163||$41,324||10.3 years|
|18 kW||$2.55||$32,110||$47,188||10.1 years|
|20 kW||$2.49||$34,902||$53,206||9.9 years|
How to Save on Solar Panels
Since the brand of solar panels and the installer you choose significantly influences your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: Companies that have been in business for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: Different companies will carry various brands and kinds of panels. If you want a specific brand, make sure the solar company you're considering has it.
- Contract: Review the contract terms carefully to make sure you understand the cost breakdown, project timeline rebates and warranties.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running for years to come and save you money on part replacement and repairs.
EcoWatch's Evesham, 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.