Solar Panel Cost Guide in Weehawken, NJ (2024 Update)
- Weehawken Solar Installation Cost: $11,370
- 25-Year Savings: $8,928
- Payback Period: 15.9 Years
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Average Cost of Solar Panels in Weehawken
Let’s take a look at the average cost of solar panels in Weehawken.
The average cost of a solar system in Weehawken is 4 per watt.Using this figure, a typical 4.6-kW system would cost about $11,370 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Weehawken homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.Many homeowners find installing solar panels is a fruitful investment. The average homeowner in Weehawken can save around $15,000 on their energy bills over 20 years.
To see your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Weehawken
| Year | Return on Investment |
|---|---|
| 1 years | $-9,948 |
| 3 years | $-7,103 |
| 5 years | $-4,258 |
| 7 years | $-1,414 |
| 9 years | $1,431 |
| 11 years | $4,276 |
| 13 years | $7,120 |
| 15 years | $9,965 |
| 17 years | $12,810 |
| 19 years | $15,655 |
| 21 years | $18,499 |
| 23 years | $21,344 |
| 25 years | $24,189 |
Top Solar Installers in Weehawken
Trying to put up solar panels yourself can be a dangerous task, which is why using a solar installation company is a good option for many homeowners. The expertise that solar companies offer can be useful as well, particularly if you aren’t sure what type of solar equipment would be right for your home.
If you’d like to go solar but still aren’t sure which solar installer to go with, here are our recommendations for providers in Weehawken:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Weehawken
Factors that Affect Solar Panel Costs in Weehawken
There are many criteria that can determine your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
When it comes to estimating the price of a solar panel system in Weehawken, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy consumption, which you can gauge by looking at past energy bills. Your overall cost can increase by around $3,530 for each additional kilowatt you need.The kind of solar panels and equipment you get is another factor that will largely influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Moreover, solar equipment goes beyond just the solar panels themselves. You’ll also need to think about 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 falls within your budget.
Solar Financing Terms
Most solar companies in Weehawken provide solar loans, which reduce your upfront costs of installing solar.Though solar loans make switching to solar energy more accessible for Weehawken homeowners, they can also increase the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar panels can affect the cost. Weehawken’s solar companies all have different labor costs and add varying upcharges to equipment. You may come across national solar installers that have lower prices due to their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials 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 | $3.67 | $15,419 | $7,856 | 16.6 years |
| 8 kW | $3.60 | $20,163 | $10,871 | 16.2 years |
| 10 kW | $3.53 | $24,710 | $14,082 | 15.9 years |
| 12 kW | $3.46 | $29,059 | $17,492 | 15.6 years |
| 14 kW | $3.39 | $33,210 | $21,099 | 15.3 years |
| 16 kW | $3.32 | $37,164 | $24,904 | 15.0 years |
| 18 kW | $3.25 | $40,920 | $28,906 | 14.7 years |
| 20 kW | $3.18 | $44,478 | $33,107 | 14.3 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be a challenge, we have some tips to help you, such as:
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you go with.
- Warranty: An all-inclusive, long-term warranty can help keep your solar panel system running for a long time and save you money on repairs and maintenance.
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to do the job well. Another way you can verify your installer’s reputation is by reading reviews.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Weehawken, NJ Solar Cost FAQs
What is the average cost of installing solar panels in Weehawken?
The average cost of solar panels in Weehawken 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 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 Weehawken?
Leasing solar panels can be an option if you can’t 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 bang for your buck from going solar.
Is it worth going solar in Weehawken?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
How long do solar panels last in Weehawken?
Although 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 their energy production will have decreased significantly after that point. You can choose to replace them after having 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.