Solar Panel Cost Guide in Roselle, NJ (2024 Update)
- Roselle Solar Installation Cost: $11,528
- 25-Year Savings: $8,804
- Payback Period: 16.1 Years
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Average Cost of Solar Panels in Roselle
Let’s take a look at the average cost of solar in Roselle.
While the national average of solar panels is $2.66 per watt, solar panels in Roselle generally cost around 4.The average solar panel system size in Roselle is around 4.7 kilowatts, meaning a cost of about $11,528 for a solar installation, or $16,485 before the 0 federal solar tax credit is applied.
The true price you pay can be higher or lower than the average in Roselle based on a few factors, such as the kind of solar panels you choose and the solar installer you hire.But, after you've paid the initial cost of installation, the payback for most homeowners is usually rewarding, with a net average savings of about $15,000 over 20 years on power bills.
You can click the button below to get connected with a vetted solar installer in Roselle that can help you get a more accurate cost estimate for your home.
Solar savings over time in Roselle
Year | Return on Investment |
---|---|
1 years | $-10,106 |
3 years | $-7,261 |
5 years | $-4,417 |
7 years | $-1,572 |
9 years | $1,273 |
11 years | $4,118 |
13 years | $6,962 |
15 years | $9,807 |
17 years | $12,652 |
19 years | $15,497 |
21 years | $18,341 |
23 years | $21,186 |
25 years | $24,031 |
Top Solar Installers in Roselle
Although you can install solar panels by yourself, it takes extra effort and handiness. That's why most people choose to hire a solar panel installer. Plus, if you aren’t sure what type of solar panels and equipment you need, a solar installer can help you find the right equipment for you after a site survey and consultation.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some nearby:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Roselle
Factors that Affect Solar Panel Costs in Roselle
The cost of installing a solar system in Roselle can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
The size of the solar panel system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $3,530. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Roselle, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited 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 time, but they can also be a big investment. That’s why many Roselle homeowners choose to finance their solar panel systems to offset upfront costs.Even though solar loans make adopting solar energy more accessible for Roselle homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar panel installer you choose will play a role in your total cost to go solar. Different companies will bill different amounts for the equipment and labor.You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $7,537 | 16.8 years |
8 kW | $3.60 | $20,163 | $10,445 | 16.5 years |
10 kW | $3.53 | $24,710 | $13,550 | 16.1 years |
12 kW | $3.46 | $29,059 | $16,854 | 15.8 years |
14 kW | $3.39 | $33,210 | $20,354 | 15.5 years |
16 kW | $3.32 | $37,164 | $24,053 | 15.2 years |
18 kW | $3.25 | $40,920 | $27,949 | 14.9 years |
20 kW | $3.18 | $44,478 | $32,043 | 14.5 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Contract: It’s important to read your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a couple decades are the gold standard in the business, and offering that kind of warranty is one indication of a good company.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years likely provide quality solar panel installation and expertise.
- Installation Process: When making the switch to solar energy, it’s essential to keep an open line of communication with your solar installer. Confirm that you understand how the installation process will go and the completion timeline.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Roselle, NJ Solar Cost FAQs
What is the average cost of installing solar panels in Roselle?
The average cost of solar panels in Roselle is about $17,650 for a 5-kW system and $35,300 for a 10-kW system before the ITC, but the actual cost will depend on things like the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Roselle?
Solar panels aren’t free in Roselle, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Does Roselle have a net metering program?
The majority of states have net metering programs of some kind. Through these, you can receive compensation for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Roselle?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.
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.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.