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Top Solar Installers in Mount Olive
When going solar, many homeowners opt to go with a solar installation company since installing a solar system yourself can be a challenging project. Also, companies with a high reputation that cost more upfront could actually save you money in the long term with their warranties, repair services and expert design.
There are various licensed solar professionals that can help you install your solar system. Here are our suggestions:
See all of the solar companies in Mount Olive
Factors that Affect Solar Panel Costs in Mount Olive
Cost is usually one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that affect your total cost in Mount Olive: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. Because of that, it's crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use. The brand of solar panels and equipment you choose is another factor that will significantly impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Furthermore, solar equipment consists of more than just the solar panels themselves. You'll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That's why many Mount Olive homeowners opt to finance their solar panel systems to make paying for solar more affordable. While solar loans make switching to solar energy more accessible for Mount Olive homeowners, they can also raise the total you pay for your system due to interest. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The remaining key cost factor you should consider is the installer you choose. Given the booming popularity of green energy solutions in Mount Olive, you'll have a great number of options to choose from, but each comes at different price points for labor and equipment. You may see national solar installers that have lower prices because of their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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||$8,221||14.9 years|
|8 kW||$2.83||$15,822||$11,271||14.6 years|
|10 kW||$2.77||$19,390||$14,477||14.3 years|
|12 kW||$2.71||$22,803||$17,838||14.0 years|
|14 kW||$2.66||$26,060||$21,354||13.7 years|
|16 kW||$2.60||$29,163||$25,025||13.5 years|
|18 kW||$2.55||$32,110||$28,851||13.2 years|
|20 kW||$2.49||$34,902||$32,832||12.9 years|
How to Save on Solar Panels
Since the brand of solar panels and the company you choose has an impact on your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Solar Panel Brands: The model of solar panel you need to get plays a role in which company you should opt for, since different companies provide different panels.
- 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 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.
- Installation Process: When making the switch to solar energy, it's important to maintain an open line of communication with your solar panel company. See to it that you understand how the installation process will go and the completion timeline.
- Contract: When looking 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 part breaking or if the company goes out of business.
EcoWatch's Mount Olive, NJ Solar Cost FAQs
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.