Solar Panel Cost Guide in Hasbrouck Heights, NJ (Mar 2023)
- Hasbrouck Heights Solar Installation Cost: $9,055
- 25-Year Savings: $8,795
- Payback Period: 12.7 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Hasbrouck Heights
We break down average solar pricing in Hasbrouck Heights.
Although the national average of solar panels is $2.66 per watt, solar panels in Hasbrouck Heights typically cost around 2.77. The average solar panel system size in Hasbrouck Heights is around 4.7 kilowatts, meaning a cost of about $9,055 for a solar installation, or $12,949 before the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar will differ based on your household energy consumption, the type of solar system you want, your solar contractor and more. With average savings of about $15,000 on energy bills over 20 years, many homeowners in Hasbrouck Heights find installing solar panels can pay off big.
For a free quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Hasbrouck Heights
Year | Return on Investment |
---|---|
1 years | $-8,341 |
3 years | $-6,913 |
5 years | $-5,485 |
7 years | $-4,057 |
9 years | $-2,629 |
11 years | $-1,201 |
13 years | $227 |
15 years | $1,655 |
17 years | $3,083 |
19 years | $4,511 |
21 years | $5,939 |
23 years | $7,367 |
25 years | $8,795 |
Top Solar Installers in Hasbrouck Heights
Many homeowners decide to use a solar installation company since trying to install solar panels yourself can be challenging. Companies can also have access to a large variety of the best solar panels and help you decide which one will be right for your family.
If you're on the hunt for a solar installer in Hasbrouck Heights, we've compiled a list of our top suggestions here:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- 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 Hasbrouck Heights
Factors that Affect Solar Panel Costs in Hasbrouck Heights
For many Hasbrouck Heights homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in Hasbrouck Heights, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
One of the most significant 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 pay around $2,770 per kilowatt in Hasbrouck Heights. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Hasbrouck Heights, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for solar panels in cash is difficult, solar loans are a solid route because they lower your upfront costs and let you pay for your system over five to seven years on average. However, the interest on solar loans also adds to your all-in costs, so it's vital to consider that as well. You can always reduce the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you opt for to handle your switch to sustainable energy can play a role in your total costs. There are about 3 solar installation companies operating throughout Hasbrouck Heights, and each can charge varying amounts for labor and equipment. Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and choose a company that has the products, warranties and services you're looking for and also fits within your budget.
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 | $10,856 | 13.2 years |
8 kW | $2.83 | $15,822 | $14,785 | 12.9 years |
10 kW | $2.77 | $19,390 | $18,870 | 12.7 years |
12 kW | $2.71 | $22,803 | $23,109 | 12.4 years |
14 kW | $2.66 | $26,060 | $27,503 | 12.2 years |
16 kW | $2.60 | $29,163 | $32,053 | 11.9 years |
18 kW | $2.55 | $32,110 | $36,757 | 11.7 years |
20 kW | $2.49 | $34,902 | $41,617 | 11.4 years |
How to Save on Solar Panels
The solar company you go with will impact not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should take into account, including:
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
- Solar Panel Brands: The brand of solar panel you need to install plays a role in which installer you should go with, since different companies provide different panels.
- Contract: Before signing a contract with a solar company, make sure you look it over carefully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Warranty: Many companies offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- 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 Hasbrouck Heights, NJ Solar Cost FAQs
What is the average cost of installing solar panels in Hasbrouck Heights?
The average cost of solar panels in Hasbrouck Heights is about $13,850 for a 5-kW system and $27,700 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Hasbrouck Heights?
A solar panel system isn't free in Hasbrouck Heights, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Can you sell solar power back to the grid in Hasbrouck Heights?
The majority of states have net metering programs of some kind. Through these, you can either be compensated for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of 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 account for 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.