Solar Panel Cost Guide in Hardyston, NJ (Dec 2022)

  • Hardyston Solar Installation Cost: $9,327
  • 25-Year Savings: $8,941
  • Payback Period: 12.8 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Hardyston

Find out what the average cost of solar panels are in Hardyston.

The average cost of solar panels in Hardyston is $3 per watt. The average solar panel system size in Hardyston is around 4.8 kilowatts, meaning a cost of about $9,327 for a solar installation, or $6,902 after the 30% federal solar tax credit is applied.

The actual price you pay can go higher or lower than the average in Hardyston based on a few factors, such as the model of solar panels you choose and the solar installer you hire. But, after you've paid the initial cost of installation, the return on investment for most homeowners is typically rewarding, with a net average savings of about $14,000 over 20 years on power bills.

To see your potential ROI and connect with a local solar expert, click the button below.

Solar savings over time in Hardyston

Year Return on Investment
1 years $-8,596
3 years $-7,134
5 years $-5,673
7 years $-4,212
9 years $-2,750
11 years $-1,289
13 years $173
15 years $1,634
17 years $3,096
19 years $4,557
21 years $6,019
23 years $7,480
25 years $8,941

Top Solar Installers in Hardyston

Many homeowners opt for a solar installation company since installing solar panels yourself can be a labor-intensive endeavor. Solar installers provide key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.

There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

See all of the solar companies in Hardyston

Factors that Affect Solar Panel Costs in Hardyston

For many Hardyston homeowners, the decision to install solar panels depends on cost. However, the range of solar installation costs can be quite wide in Hardyston, with typical prices between $20,000 to $40,000. There are a few factors that greatly influence the price you'll pay, which we'll go over below.

Solar Equipment

The cost of solar panels varies by thousands of dollars due to a few different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production need 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 $2,770. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Hardyston, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don't have a lot of 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

Many homeowners find the average cost of solar in Hardyston to be too expensive, even if the investment pays off over time. Thankfully, almost every solar company in the area offers financing options. Solar loans remarkably decrease upfront costs in most cases, but they also lead to a higher cost over time because of interest. It's wise 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 back the loan.

Solar Panel Installation Company

Finally, the company you get to install your solar panel system can play a part in determining the cost. Hardyston's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Hardyston have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you 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 $10,710 13.3 years
8 kW $2.83 $15,822 $14,591 13.0 years
10 kW $2.77 $19,390 $18,626 12.8 years
12 kW $2.71 $22,803 $22,817 12.5 years
14 kW $2.66 $26,060 $27,163 12.2 years
16 kW $2.60 $29,163 $31,663 12.0 years
18 kW $2.55 $32,110 $36,319 11.7 years
20 kW $2.49 $34,902 $41,130 11.5 years

How to Save on Solar Panels

Since the brand of solar panels and the installation company you choose greatly impacts 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:

  • Contract: It's important to read your solar installer's contract fully to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
  • Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you go with.
  • Installation Process: One of the most important things to understand when adopting solar power is the installation process itself. Be sure to align on any details you should know with your solar company, such as what permits you should acquire and what the project timeline is.
  • Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

EcoWatch's Hardyston, NJ Solar Cost FAQs

How much does it cost to install solar panels in Hardyston?

The average cost of solar panels in Hardyston is about $13,850 for a 5-kW system and $27,700 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the model of solar panels you want, what size system you need and how much energy you consume.

Can you get solar panels for free in Hardyston?

You can't get solar panels for free in Hardyston. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.

Can solar panels significantly reduce my power bills?

It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Hardyston, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.

What solar power system size is right for my home?

The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to cover their typical energy usage.

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.

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