Solar Panel Cost Guide in Washington, NJ (Feb 2023)
- Washington Solar Installation Cost: $9,016
- 25-Year Savings: $12,108
- Payback Period: 10.7 Years
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Top Solar Installers in Washington
Many homeowners opt for a solar panel company since trying to install solar panels on your own can be a lot of work. The expertise that solar companies offer can be useful as well, especially if you don't quite know what type of solar equipment would be right for your home.
If you're searching for a solar installer in Washington, we've compiled a list of our top suggestions here:
See all of the solar companies in Washington
Factors that Affect Solar Panel Costs in Washington
The cost of installing a solar system in Washington can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar company you choose.
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That's why it's crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use. The type of solar panels and equipment you choose is another factor that will largely affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more pricey. Moreover, solar equipment goes beyond just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking for a solar system that's in your budget.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are offered by most installers in Washington, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable. It's a good idea 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 solar company you opt for to handle your switch to solar energy can play a role in your total costs. There are about 3 solar installation companies in Washington, and each can charge varying amounts for labor and equipment. You may see national solar installers that have lower prices because of their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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||$15,170||11.1 years|
|8 kW||$2.83||$15,822||$20,537||10.9 years|
|10 kW||$2.77||$19,390||$26,059||10.7 years|
|12 kW||$2.71||$22,803||$31,736||10.5 years|
|14 kW||$2.66||$26,060||$37,568||10.2 years|
|16 kW||$2.60||$29,163||$43,555||10.0 years|
|18 kW||$2.55||$32,110||$49,698||9.8 years|
|20 kW||$2.49||$34,902||$55,995||9.6 years|
How to Save on Solar Panels
The solar company you choose will influence not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should consider, including:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to install your solar system. Another way you can research your installer's reputation is by reading reviews.
- Warranty: Warranties that cover replacement parts and repairs over around 25 years are the gold standard in the business, and offering such a warranty is one mark of a good company.
- Contract: Before signing a contract with a solar company, be sure to look it over carefully 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: The kind of solar panel you want plays a role in which company you should go with, since different companies provide different panels.
EcoWatch's Washington, NJ Solar Cost FAQs
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.