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Top Solar Installers in New Brunswick
Trying to put up solar panels yourself can be a challenging task, which is why hiring a solar installer is a good option for many homeowners. Solar warranties and repairs are often included in the cost of installation when you sign a contract with a solar contractor as well, which can save you more money after your upfront investment.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
See all of the solar companies in New Brunswick
Factors that Affect Solar Panel Costs in New Brunswick
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that affect your total cost in New Brunswick: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment Size
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the main factors is the system size. Solar power systems with better efficiency or power generation use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,770. The type of solar panels and equipment you want is another factor that will greatly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Furthermore, solar equipment consists of more than just the solar panels themselves. You'll also need to think 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 researching a solar system that's in your budget.
Solar Financing Terms
If paying for a solar system in cash is too expensive, solar loans are a solid option because they cut back 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 overall costs, so it's vital to consider that as well. You can always bring down the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The solar panel installer you pick will influence your total cost to make the switch to solar energy. Different companies will charge different amounts for the equipment and labor. The company's size sometimes plays the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger 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||$10,786||13.2 years|
|8 kW||$2.83||$15,822||$14,691||13.0 years|
|10 kW||$2.77||$19,390||$18,752||12.7 years|
|12 kW||$2.71||$22,803||$22,968||12.5 years|
|14 kW||$2.66||$26,060||$27,338||12.2 years|
|16 kW||$2.60||$29,163||$31,864||11.9 years|
|18 kW||$2.55||$32,110||$36,546||11.7 years|
|20 kW||$2.49||$34,902||$41,382||11.4 years|
Solar Incentives in New Brunswick
How to Save on Solar Panels
There are a large number of companies to choose from in New Brunswick, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Warranty: Companies typically offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you opt for.
- 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 company, such as what permits you should secure and what the project timeline is.
- Contract: When looking over your solar company's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
EcoWatch's New Brunswick, 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.