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Top Solar Installers in South River
Putting up solar panels yourself can be a stressful project, which is why hiring a solar installation company is a good option for many homeowners. Plus, if you're unsure what brand of solar panels and equipment you may need, a solar installer can help you figure that out after a site survey and consultation.
If you're on the hunt for a solar company in South River, the EcoWatch team has compiled a list of our top suggestions here:
See all of the solar companies in South River
Factors that Affect Solar Panel Costs in South River
For many South River homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in South River, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you'll pay, which we'll go over below.
The cost of solar panels varies by thousands of dollars due to some different factors. One of the notable factors is the system size. Solar power systems with greater efficiency or power generation need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,770. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like South River, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, 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
Many homeowners find the average cost of solar in South River to be too costly, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also result in paying more over time due to interest. Though solar loans make adopting solar energy more accessible for South River homeowners, they can also add to 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 cut back on how much interest you have to pay.
Solar Panel Installation Company
Lastly, the company you hire to install your solar system can affect your pricing. South River's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in South River are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could end up saving you 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||$9,717||13.9 years|
|8 kW||$2.83||$15,822||$13,267||13.6 years|
|10 kW||$2.77||$19,390||$16,971||13.3 years|
|12 kW||$2.71||$22,803||$20,831||13.1 years|
|14 kW||$2.66||$26,060||$24,846||12.8 years|
|16 kW||$2.60||$29,163||$29,015||12.5 years|
|18 kW||$2.55||$32,110||$33,340||12.3 years|
|20 kW||$2.49||$34,902||$37,821||12.0 years|
How to Save on Solar Panels
The solar company you choose will influence not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should take into account, such as:
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Warranty: An all-inclusive, long-term warranty can help keep your solar system running smoothly and save you money on repairs and maintenance.
- Solar Panel Brands: The type of solar panel you'd like plays a part in which installer you should go with, since different companies have different panels.
- Contract: Before you sign a contract with a solar installer, make sure you read it through fully so you understand the terms. Also, ask questions if you're not certain about some of the terms, such as what to do if a component breaks or malfunctions and if there are any guarantees about energy production.
EcoWatch's South River, 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.