Solar Panel Cost Guide in Rockaway, NJ (2025 Update)
- Rockaway Solar Installation Cost: $11,808
- 25-Year Savings: $7,611
- Payback Period: 17.5 Years
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Average Cost of Solar Panels in Rockaway
Find out what the average cost of a solar system is in Rockaway.
Although the national average of solar panels is $2.66 per watt, solar panels in Rockaway typically cost about 4.The average solar panel system size in Rockaway is around 4.8 kilowatts, meaning a cost of about $11,808 for a solar installation, or $16,885 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Rockaway homeowner. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.Many homeowners find going solar is a rewarding investment. The average homeowner in Rockaway can save around $13,000 on their electricity bills over 20 years.
You can click the button below to get connected with a pre-vetted solar installer in Rockaway for a quote for your home.
Solar savings over time in Rockaway
| Year | Return on Investment |
|---|---|
| 1 years | $-10,749 |
| 3 years | $-8,630 |
| 5 years | $-6,512 |
| 7 years | $-4,394 |
| 9 years | $-2,275 |
| 11 years | $-157 |
| 13 years | $1,962 |
| 15 years | $4,080 |
| 17 years | $6,198 |
| 19 years | $8,317 |
| 21 years | $10,435 |
| 23 years | $12,554 |
| 25 years | $14,672 |
Top Solar Installers in Rockaway
When going solar, many homeowners decide to go with a solar installation company since putting up solar panels yourself can be a time-consuming project. Plus, if you’re unsure what type of solar panels and equipment you may need, a solar company can help you figure that out after a site survey and consultation.
If you're looking for a solar company in Rockaway, we've organized a list of our top suggestions here:
See all of the solar companies in Rockaway
Factors that Affect Solar Panel Costs in Rockaway
There are several criteria that can determine your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
When it comes to estimating the price of a solar panel system in Rockaway, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy usage, which you can determine by looking at past power bills. Your overall cost can increase by around $3,530 for each additional kilowatt you need.The type of solar panels and equipment you choose is another factor that will considerably impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more expensive. Moreover, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions 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 looking into a solar system that’s in your budget.
Solar Financing Terms
If paying for a solar system out of pocket is out of reach, solar loans are a solid route because they lower your upfront costs and let you pay for your system over a term of, on average, between five and seven years.It’s a good idea to include the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panels can affect the cost. Rockaway’s solar companies all have different labor costs and add varying upcharges to equipment. The size of the company can sometimes play the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of more 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 discount can bring their pricing down 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 | $3.67 | $15,419 | $5,771 | 18.2 years |
| 8 kW | $3.60 | $20,163 | $8,090 | 17.8 years |
| 10 kW | $3.53 | $24,710 | $10,606 | 17.5 years |
| 12 kW | $3.46 | $29,059 | $13,321 | 17.1 years |
| 14 kW | $3.39 | $33,210 | $16,233 | 16.8 years |
| 16 kW | $3.32 | $37,164 | $19,342 | 16.4 years |
| 18 kW | $3.25 | $40,920 | $22,650 | 16.1 years |
| 20 kW | $3.18 | $44,478 | $26,155 | 15.7 years |
How to Save on Solar Panels
The solar company you opt for will be a major factor in determining not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should take into account, such as:
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you go with.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should acquire and how long the project will take.
- Warranty: If you care about the longevity of your solar panel system, verifying that your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Contract: When looking through 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 like a system part breaking or if the company goes out of business.
EcoWatch's Rockaway, NJ Solar Cost FAQs
What is the average cost of installing solar panels in Rockaway?
The average cost of solar panels in Rockaway is about $17,650 for a 5-kW system and $35,300 for a 10-kW system before the ITC, but the real cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider apart from cost when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels significantly reduce my electricity bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Rockaway, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of 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 get between 20 and 35 panels to account for 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.