Solar Panel Cost Guide in Tuckerton, NJ (2025 Update)
- Tuckerton Solar Installation Cost: $10,964
- 25-Year Savings: $14,157
- Payback Period: 12.0 Years
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Average Cost of Solar Panels in Tuckerton
Find out what the average cost of solar panels are in Tuckerton.
Although the national average of solar panels is $2.66 per watt, solar panels in Tuckerton typically cost around 4.The average Tuckerton homeowner needs a 4.4-kilowatt system, which would cost about $10,964 with the federal tax credit, or $15,679 before the 0 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 actual cost of installing solar panels can vary quite a bit based on several factors, such as how many panels you need, your energy usage and what solar installer you go with.Many homeowners find going solar is a solid investment. The average homeowner in Tuckerton can save around $19,000 on their electricity bills over 20 years.
To receive a free quote from a pre-vetted solar installation company in Tuckerton, you can click the button below.
Solar savings over time in Tuckerton
Year | Return on Investment |
---|---|
1 years | $-9,466 |
3 years | $-6,470 |
5 years | $-3,474 |
7 years | $-477 |
9 years | $2,519 |
11 years | $5,516 |
13 years | $8,512 |
15 years | $11,508 |
17 years | $14,505 |
19 years | $17,501 |
21 years | $20,498 |
23 years | $23,494 |
25 years | $26,490 |
Top Solar Installers in Tuckerton
When making the switch to solar, many homeowners opt to hire a solar installation company since DIY solar panel installation can be a challenging project. In addition, if you’d like to maximize your investment in solar, opting for a solar installer can help with that too. Different providers can offer repairs, expertise on installation and sometimes even information on local incentives, rebates and net metering programs.
Working with a professional solar company can make going solar easier. Here are our recommendations:
See all of the solar companies in Tuckerton
Factors that Affect Solar Panel Costs in Tuckerton
Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few major factors that affect your total cost in Tuckerton: 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 size of the solar energy system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $3,530. The brand and type of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are provided by most installers in Tuckerton, which can lower, or in some cases totally eliminate, your upfront costs to make solar more affordable.It’s wise to add the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
The final significant cost factor you should take into consideration is the installer you choose. Given the booming popularity of green energy solutions in Tuckerton, you’ll have plenty of options to choose from, but each comes at varying price points for labor and equipment.The size of the company can sometimes play the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.
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 | $15,358 | 12.5 years |
8 kW | $3.60 | $20,163 | $20,872 | 12.3 years |
10 kW | $3.53 | $24,710 | $26,584 | 12.0 years |
12 kW | $3.46 | $29,059 | $32,494 | 11.8 years |
14 kW | $3.39 | $33,210 | $38,602 | 11.6 years |
16 kW | $3.32 | $37,164 | $44,907 | 11.3 years |
18 kW | $3.25 | $40,920 | $51,410 | 11.1 years |
20 kW | $3.18 | $44,478 | $58,111 | 10.8 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be difficult, we have some tips to help you, such as:
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. Even though there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to take a look at their list of options before deciding.
- Warranty: If you’re worried about the longevity of your solar panel system, making sure your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to install your solar system. Another way you can verify your installer’s reputation is by reading reviews.
- Installation Process: Make sure you’re on the same page with the company with regard to how the installation process will go and what needs to be done before your solar system is installed, such as repairing your electrical system or roof.
EcoWatch's Tuckerton, NJ Solar Cost FAQs
How much does it cost to install solar panels in Tuckerton?
This is a hard question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $17,650 for a 5-kW system and $35,300 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or more efficient panels, or if you have above-average energy usage. Conversely, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Tuckerton?
Leasing solar panels can be an appealing choice, because it commonly 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 incentives and your home value won’t increase. Buying solar panels is a better option if you want to get the most savings.
How will having solar panels impact how much my home is worth?
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."
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to account for their typical energy usage.
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.