Solar Panel Cost Guide in Trenton, NJ (Oct 2022)

  • Trenton Solar Installation Cost: $9,152
  • 25-Year Savings: $8,306
  • Payback Period: 13.1 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Trenton

Find out how much it might cost to make the switch to solar in Trenton.

The average cost of a solar panel system in Trenton is $3 per watt. Using this figure, a typical 4.7 would cost about $9,152 before the 30% federal solar tax credit is applied.

These figures are only estimates, and your own solar costs will differ based on the amount of energy your home requires and what company you choose to go with. Even with the significant upfront cost, the average Trenton homeowner can save about $14,000 on their electricity bills over 20 years, which is one of the advantages of solar.

To see your potential ROI and connect with a local solar company, click the button below.

Solar savings over time in Trenton

Year Return on Investment
1 years $-8,454
3 years $-7,057
5 years $-5,660
7 years $-4,264
9 years $-2,867
11 years $-1,470
13 years $-74
15 years $1,323
17 years $2,720
19 years $4,116
21 years $5,513
23 years $6,910
25 years $8,306

Top Solar Installers in Trenton

When switching to solar energy, many homeowners prefer to use a solar installer since installing a solar system yourself can be a difficult project. Local solar installers can also help you maximize your return on investment by walking you through any local incentives and by offering warranties and repairs.

Working with a vetted solar company can make going solar easier. Here are our recommendations:

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 Trenton

Factors that Affect Solar Panel Costs in Trenton

For many Trenton homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Trenton, 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.

Solar Equipment

The size of the solar system you need for your household is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $2,770. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get 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 in the long run on your electric bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Trenton average.

Solar Financing Terms

Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That's why many Trenton homeowners choose to finance their solar panel systems to make going solar more affordable. However, the interest on solar loans also increases your all-in costs, so it's important to include that in your estimate as well. You can always lower the total you pay in interest and sometimes even your APR by putting more money down.

Solar Panel Installation Company

The solar installer you hire to handle your switch to renewable energy can play a part in your total costs. There are about 3 solar installation companies operating throughout Trenton, and each can charge varying amounts for labor and equipment. Larger national companies typically have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.

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 $10,112 13.6 years
8 kW $2.83 $15,822 $13,793 13.4 years
10 kW $2.77 $19,390 $17,629 13.1 years
12 kW $2.71 $22,803 $21,621 12.8 years
14 kW $2.66 $26,060 $25,767 12.6 years
16 kW $2.60 $29,163 $30,068 12.3 years
18 kW $2.55 $32,110 $34,525 12.0 years
20 kW $2.49 $34,902 $39,137 11.8 years

How to Save on Solar Panels

Since the kind of solar panels and the company you choose has an impact on your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:

  • Solar Panel Brands: Different companies offer various brands and types of panels. If you prefer a specific brand, make sure the solar installer you're considering has it.
  • Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years most likely offer high-quality solar panel installation and expertise.
  • Warranty: Warranties that provide coverage for replacement parts and repairs over a couple decades are the gold standard in the business, and offering such a warranty is one indication of a good company.
  • 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 like a system component breaking or the company going out of business.

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 Trenton, NJ Solar Cost FAQs

How much does it cost to install solar panels in Trenton?

This is a tough question to answer exactly, because the cost depends on a few different factors. Generally 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 cost more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy usage. On the flip side, you can spend less if you choose a smaller solar panel system or less expensive solar panels.

What other factors should I consider aside from cost when buying solar panels?

The initial cost is a key factor to consider, but whether it's the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.

How will having solar panels impact the value of my home?

Solar panels can increase your property's value considerably as long as you buy or finance your panels and don't go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."

How often do you have to replace solar panels?

Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can keep using 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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