Solar Panel Cost Guide in Springdale, NJ (Mar 2023)
- Springdale Solar Installation Cost: $9,036
- 25-Year Savings: $10,452
- Payback Period: 11.6 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Springdale
We go over average solar pricing in Springdale.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Springdale, the typical cost of solar panels is 2.77 per watt. Since a 4.7-kW system is needed to cover the energy needs of a typical home in Springdale, the average price of going solar will be about $9,036 after claiming the federal solar tax credit of 30%.
These figures are only estimates, and your own solar costs will differ based on your specific situation and what company you go with. For many homeowners, the upfront investment in solar panels is worth paying. On average Springdale homeowners see about $16,000 in savings on electricity bills over 20 years.
To get a free quote from a vetted solar installer in Springdale, you can click the button below.
Solar savings over time in Springdale
| Year | Return on Investment |
|---|---|
| 1 years | $-8,256 |
| 3 years | $-6,697 |
| 5 years | $-5,138 |
| 7 years | $-3,579 |
| 9 years | $-2,020 |
| 11 years | $-461 |
| 13 years | $1,098 |
| 15 years | $2,657 |
| 17 years | $4,216 |
| 19 years | $5,775 |
| 21 years | $7,334 |
| 23 years | $8,893 |
| 25 years | $10,452 |
Top Solar Installers in Springdale
Installing solar panels by yourself can be a stressful undertaking, which is why hiring a solar installation company is a good option for many homeowners. Companies can also have access to various kinds of the best solar panels and help you pick which one will be right for your family.
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 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 Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Springdale
Factors that Affect Solar Panel Costs in Springdale
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few major factors that affect your total cost in Springdale: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
When it comes to estimating the price of solar panels in Springdale, 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 gauge by looking at past electricity bills. Your total cost can increase by around $2,770 for each additional kilowatt you need. There are several different solar panel brands and the one you choose also changes the cost. Typically, the brands that offer higher efficiency tend to also cost more. Additionally, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a significant investment. That's why many Springdale homeowners decide to finance their solar panel systems to make going solar more affordable. However, the interest on solar loans also adds to your all-in costs, so it's crucial to include that in your estimate as well. You can always reduce the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you go with to handle your switch to sustainable energy can play a part in your total costs. There are about 3 solar panel companies in Springdale, and each can charge varying amounts for labor and equipment. Additionally, some companies in Springdale know more 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 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 | $13,000 | 12.1 years |
| 8 kW | $2.83 | $15,822 | $17,644 | 11.8 years |
| 10 kW | $2.77 | $19,390 | $22,443 | 11.6 years |
| 12 kW | $2.71 | $22,803 | $27,397 | 11.4 years |
| 14 kW | $2.66 | $26,060 | $32,506 | 11.1 years |
| 16 kW | $2.60 | $29,163 | $37,770 | 10.9 years |
| 18 kW | $2.55 | $32,110 | $43,190 | 10.7 years |
| 20 kW | $2.49 | $34,902 | $48,764 | 10.4 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Springdale, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Contract: When looking through your solar company's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- Solar Panel Brands: Different companies will offer different brands and models of panels. If you know you want a specific brand, make sure the solar installer you're considering has it.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Springdale, NJ Solar Cost FAQs
How much does it cost to install solar panels in Springdale?
This is a difficult question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $13,850 for a 5-kW system and $27,700 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have above-average energy consumption. On the other hand, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Are solar panels free in Springdale?
You can't get solar panels for free in Springdale. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Springdale?
Solar panels can be a good investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your electricity bills are already fairly low, solar panels might not be for you.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.