Solar Panel Cost Guide in Hardyston, NJ (2025 Update)
- Hardyston Solar Installation Cost: $11,874
- 25-Year Savings: $8,951
- Payback Period: 16.2 Years
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Average Cost of Solar Panels in Hardyston
Let’s take a look at the average cost of solar panels in Hardyston.
The national average cost of solar panels is $2.66 per watt, but in Hardyston it’s 4 per watt.Because a 4.8-kW system is needed to cover the energy usage of a typical home in Hardyston, the average price of going solar will be about $11,874 after claiming the federal solar tax credit of 0.
The actual price you pay can go above or below the average in Hardyston depending on a variety of factors, such as the brand of solar panels you choose and the solar contractor you hire.For many homeowners, the upfront investment in solar power is worth paying. On average Hardyston homeowners see about $14,000 in savings on energy bills over 20 years.
Click the button below to get connected to a highly rated solar installer in Hardyston for a customized estimate.
Solar savings over time in Hardyston
Year | Return on Investment |
---|---|
1 years | $-10,815 |
3 years | $-8,696 |
5 years | $-6,578 |
7 years | $-4,460 |
9 years | $-2,341 |
11 years | $-223 |
13 years | $1,896 |
15 years | $4,014 |
17 years | $6,132 |
19 years | $8,251 |
21 years | $10,369 |
23 years | $12,488 |
25 years | $14,606 |
Top Solar Installers in Hardyston
Many homeowners decide to use a solar panel company since figuring out how to install solar panels on your own can be time-consuming. The expertise that solar installers offer can be invaluable as well, particularly if you don’t quite know what brand of solar equipment you need.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some in Hardyston:
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 Hardyston
Factors that Affect Solar Panel Costs in Hardyston
There are many factors that can affect your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power generation require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,530.The kind of solar panels and equipment you choose is another factor that will substantially impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more pricey. Plus, solar equipment consists of more than just the solar panels themselves. You’ll also need to think about 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
Most solar installers in Hardyston offer solar loans, which reduce the initial cost of installing a solar system.It’s a good idea to add the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
Finally, the company you opt for to install your solar system can play a part in determining the cost. Hardyston’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle 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 | $3.67 | $15,419 | $7,391 | 16.9 years |
8 kW | $3.60 | $20,163 | $10,250 | 16.6 years |
10 kW | $3.53 | $24,710 | $13,306 | 16.2 years |
12 kW | $3.46 | $29,059 | $16,561 | 15.9 years |
14 kW | $3.39 | $33,210 | $20,012 | 15.6 years |
16 kW | $3.32 | $37,164 | $23,662 | 15.3 years |
18 kW | $3.25 | $40,920 | $27,509 | 14.9 years |
20 kW | $3.18 | $44,478 | $31,554 | 14.6 years |
How to Save on Solar Panels
Since the model 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 things to keep in mind to help with your decision:
- Solar Panel Brands: Different companies will offer different brands and types of panels. If you know you want a specific brand, make sure the solar panel installer you’re considering has it.
- 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 company, such as what permits you should acquire and how long the project will take.
- Warranty: Warranties that cover defective panels and repairs over a long period of time such as 25 years are the best you can get in the business, and offering such a warranty is one sign of a good company.
- Contract: It’s important to look over your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system’s energy production.
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 Hardyston, NJ Solar Cost FAQs
How much does it cost to install solar panels in Hardyston?
This is a tough question to answer precisely, because the cost depends on a few different 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 be more expensive if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Is cost the most important thing to keep in mind when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Hardyston have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future power bills.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.