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

  • Warren Solar Installation Cost: $11,701
  • 25-Year Savings: $7,835
  • Payback Period: 17.2 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated April 21, 2024

Why you can trust EcoWatch

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 Warren

We go over average solar pricing in Warren.

The national average cost of solar panels is $2.66 per watt, but in Warren it’s 4 per watt.Using this figure, a typical 4.7-kW system would cost about $11,701 before the 0 federal solar tax credit is applied.

How much you pay can be above or below the average in Warren depending on a few factors, such as the type of solar panels you choose and the solar company you hire.But, once you've paid the initial cost of installation, the payback for most homeowners is usually rewarding, with a net average savings of about $14,000 over 20 years on power bills.

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

Solar savings over time in Warren

YearReturn on Investment
1 years$-10,642
3 years$-8,524
5 years$-6,405
7 years$-4,287
9 years$-2,168
11 years$-50
13 years$2,068
15 years$4,187
17 years$6,305
19 years$8,424
21 years$10,542
23 years$12,660
25 years$14,779

Top Solar Installers in Warren

Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a pain. Hiring a solar panel installer can make converting to solar power much easier. Another good thing about using a reliable solar installer is that it'll provide warranties and free repairs, which help protect your investment.

Working with a licensed solar company can help you make the most of your investment in solar. 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 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 Warren

Factors that Affect Solar Panel Costs in Warren

For many Warren homeowners, the decision to go solar rests on cost. However, the range of solar installation costs can be quite wide in Warren, with typical prices between $20,000 to $40,000. There are various factors that significantly influence the price you’ll pay, which we'll go over below.

Solar Equipment

One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to pay about $3,530 per kilowatt in Warren.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Warren, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

Most solar installers in Warren offer solar loans, which reduce the initial cost of installing solar panels.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.

Solar Panel Installation Company

The solar installation company you choose will impact your total cost to adopt solar energy. Different companies will bill different amounts for the equipment and labor.Larger national companies typically have lower costs, but some local companies compete 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 car charger installation, they might be cheaper overall.

Solar Panel Cost Data by System Size

System sizeCost per system wattSolar system cost25-Year savingsPayback period
6 kW$3.67$15,419$6,14217.9 years
8 kW$3.60$20,163$8,58517.5 years
10 kW$3.53$24,710$11,22517.2 years
12 kW$3.46$29,059$14,06416.8 years
14 kW$3.39$33,210$17,09916.5 years
16 kW$3.32$37,164$20,33316.2 years
18 kW$3.25$40,920$23,76415.8 years
20 kW$3.18$44,478$27,39315.5 years

How to Save on Solar Panels

There are numerous companies to choose from in Warren, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:

  • Warranty: An all-inclusive, long-term warranty can help keep your solar system running for years to come and save you money on repairs and maintenance.
  • Contract: Before you sign a contract with a solar installer, be sure to read it through fully so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what the warranty covers and what services you can expect from them.
  • Solar Panel Brands: Different companies carry various brands and models of panels. If you want a specific brand, make sure the solar panel company you’re considering has it.
  • Reputation: Your solar installer should have a sound reputation as a company and have proven 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 past customers.

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 Warren, NJ Solar Cost FAQs

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

The average cost of solar panels in Warren is about $17,650 for a 5-kW system and $35,300 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the model of solar panels you want, what size system you need and how much energy you consume.

Is it better to lease or buy solar panels in Warren?

Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.

Can solar panels eliminate my electricity bills?

Solar panels can potentially eliminate your electricity bills depending on where you’re located 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 $718.71 per year.

How long do solar panels last in Warren?

On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.

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.