Solar Panel Cost Guide in Little Falls, NJ (2024 Update)

  • Little Falls Solar Installation Cost: $11,798
  • 25-Year Savings: $8,592
  • Payback Period: 16.5 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Little Falls

We go over average solar pricing in Little Falls.

Although the national average of solar panels is $2.66 per watt, solar panels in Little Falls generally cost around 4.The average solar panel system size in Little Falls is around 4.8 kilowatts, meaning a cost of about $11,798 for a solar installation, or $16,871 before the 0 federal solar tax credit is applied.

The true price you pay can go above or below the average in Little Falls based on several factors, such as the brand of solar panels you choose and the solar installer you hire.Many homeowners find installing solar panels is a solid investment. The average homeowner in Little Falls can save about $14,000 on their power bills over 20 years.

Click the button below to get connected to a top solar company in your area for a custom estimate.

Solar savings over time in Little Falls

Year Return on Investment
1 years $-10,376
3 years $-7,531
5 years $-4,686
7 years $-1,841
9 years $1,003
11 years $3,848
13 years $6,693
15 years $9,537
17 years $12,382
19 years $15,227
21 years $18,072
23 years $20,916
25 years $23,761

Top Solar Installers in Little Falls

When switching to solar energy, many homeowners decide to use a solar installer since DIY solar panel installation can be a challenging project. Plus, if you’d like to maximize your investment in solar, using a solar installer can help with that as well. Different providers can offer repairs, expertise on solar panel installation and sometimes even information on local incentives and net metering programs.

If you’d like to switch to solar energy but still aren’t sure which solar panel company to go with, here are our suggestions for providers in Little Falls:

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 for Leasing

Sunrun

★★★★★
4.0

  • 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 Little Falls

Factors that Affect Solar Panel Costs in Little Falls

Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few major factors that determine your overall cost in Little Falls: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.

Solar Equipment

Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it’s a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use.The type of solar panels and equipment you get is another factor that will substantially impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Moreover, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions 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 into a solar system that’s in your budget.

Solar Financing Terms

If paying for solar panels in cash is out of reach, solar loans are a solid option because they reduce your upfront costs and let you pay for your system over five to seven years on average.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 securing a solar loan with a low interest rate could reduce your costs remarkably.

Solar Panel Installation Company

A final consideration when trying to figure out the cost of solar for your home or business in Little Falls is the company you choose to install your PV system. As with choosing a company to install new cabinets, for instance, you’ll have many options for solar installers that offer a range of services at different costs.Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and decide on the company that offers the products, warranties and services you want and also is 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 $3.67 $15,419 $7,013 17.2 years
8 kW $3.60 $20,163 $9,745 16.9 years
10 kW $3.53 $24,710 $12,676 16.5 years
12 kW $3.46 $29,059 $15,804 16.2 years
14 kW $3.39 $33,210 $19,130 15.9 years
16 kW $3.32 $37,164 $22,654 15.5 years
18 kW $3.25 $40,920 $26,375 15.2 years
20 kW $3.18 $44,478 $30,294 14.9 years

How to Save on Solar Panels

Since the type of solar panels and the installer 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 tips to keep in mind to help with your decision:

  • Solar Panel Brands: Different companies offer different brands and models of panels. If you know you want a specific brand, make sure the solar installer you’re considering has it.
  • Contract: Look through the contract terms carefully to make sure you understand how much it will cost, project timeline incentives and warranties.
  • Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be done and how long it will take.
  • Warranty: An all-inclusive, long-term warranty can help keep your solar system running for years to come and save you money on part replacement and repairs.

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 for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

EcoWatch's Little Falls, NJ Solar Cost FAQs

What is the average cost of installing solar panels in Little Falls?

The average cost of solar panels in Little Falls is about $17,650 for a 5-kW system and $35,300 for a 10-kW system before the ITC, but the actual 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.

What other factors should I consider apart from cost when buying solar panels?

Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.

Does Little Falls have a net metering program?

Most 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 energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.

How many solar panels do I need to power 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 get 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.

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