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Top Solar Installers in Oceanport
When making the switch to solar, many homeowners prefer to go with a solar installation company since installing solar panels yourself can be a time-consuming project. Companies can also offer access to a large variety of the best solar panels and help you decide which one will be right for your family.
There are a number of licensed solar professionals that can help you install your solar panels. Here are our suggestions:
See all of the solar companies in Oceanport
Factors that Affect Solar Panel Costs in Oceanport
For many Oceanport homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Oceanport, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment Size
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the most significant factors is the system size. Solar power systems that have higher efficiency or power production need 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. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Oceanport, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, 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
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That's why many Oceanport homeowners opt to finance their solar panel systems to make paying for solar more affordable. You'll have to consider the long-term cost of financing options, 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 more than the original cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The solar installer you go with to handle your switch to clean energy can play a part in your total costs. There are about 3 solar panel companies operating in Oceanport, and each can charge varying amounts for labor and equipment. Larger national companies generally have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric car charger installation, they might be cheaper overall.
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||$9,382||14.1 years|
|8 kW||$2.83||$15,822||$12,819||13.8 years|
|10 kW||$2.77||$19,390||$16,412||13.5 years|
|12 kW||$2.71||$22,803||$20,160||13.3 years|
|14 kW||$2.66||$26,060||$24,062||13.0 years|
|16 kW||$2.60||$29,163||$28,120||12.7 years|
|18 kW||$2.55||$32,110||$32,333||12.5 years|
|20 kW||$2.49||$34,902||$36,702||12.2 years|
Solar Incentives in Oceanport
How to Save on Solar Panels
There are numerous companies available in Oceanport, 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: Warranties that provide coverage for defective panels and repairs over a couple decades are the best you can get in the business, and offering such a warranty is one indication of a good company.
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years likely offer quality solar panel installation and expertise.
- Contract: Look through the contract terms carefully to make sure you understand the total cost, project timeline rebates and warranties.
- Solar Panel Brands: Different companies will offer various brands and types of panels. If you know you want a specific brand, make sure the solar panel company you're considering has it.
EcoWatch's Oceanport, 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.