Solar Panel Cost Guide in Westampton, NJ (Feb 2023)
- Westampton Solar Installation Cost: $8,939
- 25-Year Savings: $8,912
- Payback Period: 12.5 Years
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Top Solar Installers in Westampton
When switching to solar energy, many homeowners opt to hire a solar installer since installing solar panels yourself can be a time-consuming project. Companies can also provide access to various kinds of the best solar panels and help you pick which one will be best for your home.
If you'd like to make the switch to solar but still aren't certain which solar company to go with, here are our suggestions for providers in Westampton:
See all of the solar companies in Westampton
Factors that Affect Solar Panel Costs in Westampton
Even though the average cost of a solar system in Westampton is $8,939, your final cost may be higher or lower than that. There are quite a few factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more crucial things to consider.
The size of the solar panel system you need, which is measured in kilowatts, 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 choose for your solar system can increase or decrease 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 will be looking at 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 raise the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That's why many Westampton homeowners opt to finance their solar panel systems to make paying for solar more affordable. When estimating your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The solar company you choose to handle your switch to green energy can play a role in your total costs. There are about 3 solar installation companies in Westampton, and each can charge different amounts for labor and equipment. The size of the company can sometimes play the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have greater 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 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||$2.88||$12,099||$11,137||13.0 years|
|8 kW||$2.83||$15,822||$15,160||12.8 years|
|10 kW||$2.77||$19,390||$19,337||12.5 years|
|12 kW||$2.71||$22,803||$23,670||12.3 years|
|14 kW||$2.66||$26,060||$28,158||12.0 years|
|16 kW||$2.60||$29,163||$32,801||11.8 years|
|18 kW||$2.55||$32,110||$37,600||11.5 years|
|20 kW||$2.49||$34,902||$42,553||11.3 years|
How to Save on Solar Panels
The solar company you go with will affect not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should consider, including:
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years most likely offer good-quality solar panel installation and expertise.
- Contract: When reading through your solar company's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
- Installation Process: When making the switch to solar energy, it's important to keep an open line of communication with your solar installer. See to it that you understand how the installation process works and the project timeline.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose impacts which solar panel brands you have access to.
EcoWatch's Westampton, 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.