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Top Solar Installers in Forked River
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can take a lot of hard work. Hiring a solar company can make converting to solar power much easier. A solar installer can also help save you money in the long run by offering warranties, repairs and system component replacements.
If you're searching for a solar installer in Forked River, the EcoWatch team has organized a list of our top suggestions here:
See all of the solar companies in Forked River
Factors that Affect Solar Panel Costs in Forked River
For many Forked River homeowners, the decision to install solar panels depends on cost. However, the range of solar installation costs can be quite wide in Forked River, with typical prices between $20,000 to $40,000. There are several factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment Size
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to spend around $2,770 per kilowatt in Forked River. The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof 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. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Most solar companies in Forked River have solar loans, which reduce your upfront costs of installing solar. Though solar loans make adopting solar energy more accessible for Forked River homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar company you opt for to handle your switch to clean energy can play a role in your total costs. There are about 3 solar panel companies in Forked River, and each can charge varying amounts for labor and equipment. You may come across national solar installers that have lower prices because of 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 larger companies.
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||$9,784||13.8 years|
|8 kW||$2.83||$15,822||$13,355||13.6 years|
|10 kW||$2.77||$19,390||$17,082||13.3 years|
|12 kW||$2.71||$22,803||$20,964||13.0 years|
|14 kW||$2.66||$26,060||$25,001||12.8 years|
|16 kW||$2.60||$29,163||$29,193||12.5 years|
|18 kW||$2.55||$32,110||$33,540||12.2 years|
|20 kW||$2.49||$34,902||$38,042||12.0 years|
Solar Incentives in Forked River
How to Save on Solar Panels
There are numerous companies available in Forked River, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to do the job well. Another way you can check your installer's reputation is by reading reviews.
- Contract: Before signing a contract with a solar company, make sure you read it through 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.
- Solar Panel Brands: Different companies offer different brands and models of panels. If you know you want a specific brand, make sure the solar company you're considering has it.
- Warranty: If you're worried about the longevity of your solar energy system, ensuring your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
EcoWatch's Forked River, 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.