Solar Panel Cost Guide in Piscataway, NJ (Jan 2023)
- Piscataway Solar Installation Cost: $9,075
- 25-Year Savings: $8,776
- Payback Period: 12.7 Years
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Top Solar Installers in Piscataway
Although you can install solar panels on your own, it takes extra time and know-how. That's one of the reasons almost all homeowners choose to go with a solar panel installer. A solar installer can also help save you money over time by providing warranties, repairs and system component replacements.
You can get a free estimate from a local solar installer on how much your investment in solar could cost for your home. Here are some near you:
See all of the solar companies in Piscataway
Factors that Affect Solar Panel Costs in Piscataway
Although the average cost of a solar system in Piscataway is $9,075, your final cost may be above or below the average. There are several factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more important things to keep in mind.
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to pay around $2,770 per kilowatt in Piscataway. The brand and kind of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a trusted 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 increase the cost.
Solar Financing Terms
Most solar installers in Piscataway offer solar loans, which reduce the initial cost of installing solar panels. Even though solar loans make going solar more accessible for Piscataway homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar installation company you pick will affect your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor. Additionally, some companies in Piscataway are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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|
How to Save on Solar Panels
There are a lot of companies to choose from in Piscataway, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Solar Panel Brands: Different companies carry different brands and kinds of panels. If you prefer a specific brand, make sure the solar panel installer you're considering has it.
- Installation Process: When making the switch to solar, it's necessary to keep an open line of communication with your solar panel company. Make sure you understand how the installation process will go and the completion timeline.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years likely provide high-quality solar panel installation and expertise.
- Contract: Before you sign a contract with a solar installer, make sure to look it over fully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
EcoWatch's Piscataway, 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.