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Top Solar Installers in West Caldwell
Although you can install solar panels yourself, it involves extra time and handiness. That's why most people choose a solar panel installer. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long term due to their warranties, repair services and expert design.
If you're looking for a solar installer in West Caldwell, the EcoWatch team has put together a list of our top suggestions here:
See all of the solar companies in West Caldwell
Factors that Affect Solar Panel Costs in West Caldwell
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few primary factors that affect your total cost in West Caldwell: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment Size
The size of the solar panel system you need to offset your energy usage is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,770. The brand and kind of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a 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 greater 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
Many homeowners find the average cost of solar in West Caldwell to be prohibitively steep, even if the investment pays off over time. Thankfully, almost every solar installer in the area offers financing options. Solar loans remarkably decrease upfront costs in most cases, but they also lead to a higher cost over time because of interest. When considering 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 lower the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you hire to install your solar system can influence how much it costs. West Caldwell's solar companies all have different labor costs and add varying upcharges to equipment. The company's size can sometimes play the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing down 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||$2.88||$12,099||$9,479||14.0 years|
|8 kW||$2.83||$15,822||$12,949||13.7 years|
|10 kW||$2.77||$19,390||$16,574||13.5 years|
|12 kW||$2.71||$22,803||$20,354||13.2 years|
|14 kW||$2.66||$26,060||$24,289||12.9 years|
|16 kW||$2.60||$29,163||$28,380||12.7 years|
|18 kW||$2.55||$32,110||$32,625||12.4 years|
|20 kW||$2.49||$34,902||$37,026||12.1 years|
Solar Incentives in West Caldwell
How to Save on Solar Panels
Since the model of solar panels and the company you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
- Contract: Look through the contract terms closely to make sure you understand the total cost, completion timeline incentives and warranties.
- Solar Panel Brands: Different companies will carry different brands and types of panels. If you want a specific brand, make sure the solar company you're considering has it.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panel system running for years to come and save you money on part replacement and repairs.
EcoWatch's West Caldwell, 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.