Solar Panel Cost Guide in Haddon Heights, NJ (Jan 2023)
- Haddon Heights Solar Installation Cost: $9,036
- 25-Year Savings: $8,815
- Payback Period: 12.7 Years
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Top Solar Installers in Haddon Heights
Trying to put up solar panels yourself can be a time-consuming task, which is why getting a solar installer is a good option for many homeowners. Plus, if you're not certain what type of solar panels and equipment you may need, a solar installer can help you find the right equipment for you after a site survey and consultation.
There are several licensed solar professionals that can help you install your solar panels. Here are our suggestions:
See all of the solar companies in Haddon Heights
Factors that Affect Solar Panel Costs in Haddon Heights
Cost is typically one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that affect your total cost in Haddon Heights: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
One of the most significant factors to consider when it comes to the cost of adopting solar energy 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 Haddon Heights. There are several different solar panel brands and the one you pick also changes the cost. In many cases, the brands that have better efficiency tend to also cost more. Plus, the type of equipment you choose can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a significant investment. That's why many Haddon Heights homeowners opt to finance their solar panel systems to offset upfront costs. You'll have to consider the long-term cost of loans, including the total interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
Lastly, the company you get to install your solar panel system can influence how much you pay. Haddon Heights' solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric car 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||$2.88||$12,099||$10,892||13.2 years|
|8 kW||$2.83||$15,822||$14,833||12.9 years|
|10 kW||$2.77||$19,390||$18,929||12.7 years|
|12 kW||$2.71||$22,803||$23,181||12.4 years|
|14 kW||$2.66||$26,060||$27,587||12.1 years|
|16 kW||$2.60||$29,163||$32,148||11.9 years|
|18 kW||$2.55||$32,110||$36,865||11.6 years|
|20 kW||$2.49||$34,902||$41,737||11.4 years|
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since choosing a company can be a tough decision, we have some tips to help you, such as:
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and energy efficiency. They will come at different costs as well. The company you choose plays a role in which solar panel brands you have access to.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Contract: It's important to read your solar installer's contract well to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- 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.
EcoWatch's Haddon Heights, 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.