Solar Panel Cost Guide in Tabernacle, NJ (Dec 2022)

  • Tabernacle Solar Installation Cost: $8,939
  • 25-Year Savings: $10,209
  • Payback Period: 11.7 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Tabernacle

We go over average solar pricing in Tabernacle.

In Tabernacle, solar panels cost about $3 per watt on average. The average solar panel system size in Tabernacle is around 4.6 kilowatts, meaning a cost of about $8,939 for a solar installation, or $6,615 after the 30% federal solar tax credit is applied.

The prices above are just estimates to give you an idea of how much a solar panel system could cost. The true cost of going solar can vary depending on a few factors, such as what size system you need, your energy consumption and what installation company you go with. Many homeowners find installing a solar system is a rewarding investment. The average homeowner in Tabernacle can save about $16,000 on their power bills over 20 years.

Click the button below to get connected to a highly rated solar installer in your area for a custom quote.

Solar savings over time in Tabernacle

Year Return on Investment
1 years $-8,173
3 years $-6,641
5 years $-5,109
7 years $-3,577
9 years $-2,046
11 years $-514
13 years $1,018
15 years $2,550
17 years $4,082
19 years $5,614
21 years $7,146
23 years $8,677
25 years $10,209

Top Solar Installers in Tabernacle

Although you can install solar panels on your own, it requires extra energy and handiness. Because of that, almost all homeowners choose to hire a solar panel installer. Plus, if you're not certain what brand of solar panels and equipment you may need, a solar company can help you find the right equipment for you after a site survey and consultation.

If you're searching for a solar company in Tabernacle, we've compiled a list of our top suggestions here:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 Tabernacle

Factors that Affect Solar Panel Costs in Tabernacle

There are many criteria that can play into your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.

Solar Equipment

When it comes to estimating the price of a solar panel system in Tabernacle, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy usage, which you can figure out by looking at past energy bills. Your total cost can increase by about $2,770 for each additional kilowatt you need. There are a lot of different solar panel brands and the one you pick also affects the cost. Typically, the brands that offer higher efficiency tend to also cost more. Plus, the type of equipment you're looking 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 Tabernacle homeowners opt to finance their solar panel systems to make going solar more affordable. Even though solar loans make adopting solar energy more accessible for Tabernacle homeowners, they can also increase 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

Lastly, the company you get to install your solar panels can play a role in determining the cost. Tabernacle's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Tabernacle are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. 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 $12,826 12.1 years
8 kW $2.83 $15,822 $17,412 11.9 years
10 kW $2.77 $19,390 $22,152 11.7 years
12 kW $2.71 $22,803 $27,048 11.4 years
14 kW $2.66 $26,060 $32,099 11.2 years
16 kW $2.60 $29,163 $37,305 11.0 years
18 kW $2.55 $32,110 $42,666 10.7 years
20 kW $2.49 $34,902 $48,183 10.5 years

How to Save on Solar Panels

There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:

  • Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
  • Warranty: An all-inclusive, 25-year warranty can help keep your solar system running for years to come and save you money on repairs and maintenance.
  • Contract: Though reading through a contract can take a lot of time, it's important to do it carefully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
  • Installation Process: Get details from your solar installer about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 Tabernacle, NJ Solar Cost FAQs

What is the average cost of installing solar panels in Tabernacle?

This is a hard question to answer exactly, 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 other solar equipment or higher quality panels, or if you have above-average energy consumption. On the flip side, you can spend less if you go with a smaller solar panel system or cheaper solar panels.

Should I lease or buy solar panels in Tabernacle?

Leasing solar panels can be an appealing choice, as it typically comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better option if you want to maximize your savings.

Is it worth going solar in Tabernacle?

Solar panels can be a good investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your energy bills are already fairly low, solar panels might not be for you.

How long do solar panels last in Tabernacle?

Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can choose to replace them after having them for that long or you can continue to use them at a lower efficiency.

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.

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