Solar Panel Cost Guide in Tabernacle, NJ (2024 Update)

  • Tabernacle Solar Installation Cost: $11,389
  • 25-Year Savings: $10,211
  • Payback Period: 14.9 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Tabernacle

See how much it might cost to go solar in Tabernacle.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Tabernacle, the typical cost of solar panels is 4 per watt.The average Tabernacle homeowner needs a 4.6-kilowatt system, which would cost about $11,389 with the federal tax credit, or $16,286 before the 0 tax credit is applied.

Remember that the numbers above are only averages. The price you’ll end up paying for solar may vary based on your household energy use, the type of solar panels you want, your solar contractor and more.Despite the high upfront cost, the average Tabernacle homeowner can save about $16,000 on their electricity bills over 20 years, which is one of the positives of solar.

To receive a free estimate from a pre-vetted solar installation company in Tabernacle, you can click the button below.

Solar savings over time in Tabernacle

Year Return on Investment
1 years $-9,891
3 years $-6,895
5 years $-3,898
7 years $-902
9 years $2,094
11 years $5,091
13 years $8,087
15 years $11,083
17 years $14,080
19 years $17,076
21 years $20,073
23 years $23,069
25 years $26,065

Top Solar Installers in Tabernacle

DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a pain. Using a solar panel installer can make your switch to solar power much easier. Another upside of going with a solar installer is that they can help you maximize your ROI by lowering your future costs of repairs and replacements due to warranties and informing you of local incentives you can take advantage of.

You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some nearby:

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 for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

See all of the solar companies in Tabernacle

Factors that Affect Solar Panel Costs in Tabernacle

Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few major factors that will push your cost above or below the average in Tabernacle: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.

Solar Equipment

The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,530.The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your energy bills. Additionally, add-on products, such as solar batteries, can bump up your total well above the Tabernacle average.

Solar Financing Terms

Many homeowners find the average cost of solar in Tabernacle to be prohibitively costly, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides access to financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also result in a higher cost over time due to interest.You’ll have to consider the long-term cost of loans, including the total interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs considerably.

Solar Panel Installation Company

The solar installer you choose will influence your total cost to make the switch to solar . Different companies will charge different amounts for the equipment and labor.Additionally, some companies in Tabernacle have more knowledge about local solar incentives and can help you learn about 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 $3.67 $15,419 $9,506 15.5 years
8 kW $3.60 $20,163 $13,071 15.2 years
10 kW $3.53 $24,710 $16,832 14.9 years
12 kW $3.46 $29,059 $20,792 14.6 years
14 kW $3.39 $33,210 $24,949 14.3 years
16 kW $3.32 $37,164 $29,304 14.0 years
18 kW $3.25 $40,920 $33,857 13.7 years
20 kW $3.18 $44,478 $38,607 13.4 years

How to Save on Solar Panels

The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because choosing a company can be a challenge, we have some tips to help you, such as:

  • Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should acquire and how long the project will take.
  • Warranty: If you care about the endurance of your solar panel system, checking if your company offers a 25-year, all-inclusive warranty can help put you at ease.
  • Solar Panel Brands: The type of solar panel you want to get plays a role in which company you should go with, since different companies have access to different panels.
  • Reputation: Companies that have been in business for many years likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.

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 for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

EcoWatch's Tabernacle, NJ Solar Cost FAQs

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

The average cost of solar panels in Tabernacle 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 stuff such as the kind of solar panels you want, what size system you need and how much energy you consume.

Is cost the most important thing to think about when buying solar panels?

The upfront cost is a crucial factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.

How much can I save on electricity bills after switching to solar?

Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $830.85 per year.

What solar power system size is right for my home?

To figure out how many solar panels you need, you need to know how much energy your home requires 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.

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