Solar Panel Cost Guide in Mantua, NJ (2025 Update)
- Mantua Solar Installation Cost: $11,485
- 25-Year Savings: $11,784
- Payback Period: 13.8 Years
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Average Cost of Solar Panels in Mantua
We go over average solar pricing in Mantua.
The national average cost of solar panels is $2.66 per watt, but in Mantua it’s 4 per watt.The average solar panel system size in Mantua is around 4.6 kilowatts, meaning a cost of about $11,485 for a solar installation, or $16,424 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Mantua homeowner. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.Even with the high initial cost, the average Mantua homeowner can save about $17,000 on their energy bills over 20 years, which is one of the benefits of solar.
To receive a free estimate from a pre-vetted solar company in Mantua, you can click the button below.
Solar savings over time in Mantua
| Year | Return on Investment |
|---|---|
| 1 years | $-9,987 |
| 3 years | $-6,990 |
| 5 years | $-3,994 |
| 7 years | $-998 |
| 9 years | $1,999 |
| 11 years | $4,995 |
| 13 years | $7,992 |
| 15 years | $10,988 |
| 17 years | $13,984 |
| 19 years | $16,981 |
| 21 years | $19,977 |
| 23 years | $22,973 |
| 25 years | $25,970 |
Top Solar Installers in Mantua
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can use up a lot of your time and energy. Taking advantage of a solar panel installer can make swapping over to solar power much easier. Another benefit of utilizing a solar installer is that they can help you optimize your return of investment by lowering your future costs of repairs and replacements due to warranties and informing you of local incentives you can take advantage of.
Working with a vetted solar installer can help your solar project go smoothly. Here are our recommendations:
See all of the solar companies in Mantua
Factors that Affect Solar Panel Costs in Mantua
Though the average cost of a solar system in Mantua is $11,485, your actual cost may differ. There are many factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
The size of the solar panel system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $3,530. The brand and type of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
If paying for a solar system out of pocket is difficult, solar loans are an affordable choice because they cut back your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.However, the interest on solar loans also increases your all-in costs, so it’s vital to keep that in mind as well. You can always reduce the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panels can influence how much it costs. Mantua’s solar companies all have different labor costs and add varying upcharges to equipment. You may see national solar installers that have lower prices due to their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $11,428 | 14.4 years |
| 8 kW | $3.60 | $20,163 | $15,632 | 14.1 years |
| 10 kW | $3.53 | $24,710 | $20,034 | 13.8 years |
| 12 kW | $3.46 | $29,059 | $24,634 | 13.5 years |
| 14 kW | $3.39 | $33,210 | $29,432 | 13.3 years |
| 16 kW | $3.32 | $37,164 | $34,427 | 13.0 years |
| 18 kW | $3.25 | $40,920 | $39,620 | 12.7 years |
| 20 kW | $3.18 | $44,478 | $45,010 | 12.4 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Mantua, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Warranty: If you’re worried about the longevity of your solar system, ensuring your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Contract: When reading through your solar company’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios like a system component breaking or the company going out of business.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should secure and how long the project will take.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to do the job well. Another way you can research your installer’s reputation is by reading reviews.
EcoWatch's Mantua, NJ Solar Cost FAQs
How much does it cost to install solar panels in Mantua?
The average cost of solar panels in Mantua 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 things like the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Mantua?
A solar panel system isn’t free in Mantua, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
How will installing solar panels impact my home value?
Solar panels can increase the value of your home considerably as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and the average daily 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.