Solar Panel Cost Guide in Westfield, NJ (2024 Update)
- Westfield Solar Installation Cost: $11,528
- 25-Year Savings: $7,971
- Payback Period: 16.9 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Westfield
Here’s how much it might cost to switch to solar power in Westfield.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Westfield, the typical cost of a solar system is 4 per watt.The average solar panel system size in Westfield is around 4.7 kilowatts, meaning a cost of about $11,528 for a solar installation, or $16,485 before the 0 federal solar tax credit is applied.
These figures are only estimates, and the cost of going solar for you may vary based on factors unique to your home and what company you go with.With average savings of about $14,000 on electricity bills over 20 years, many homeowners in Westfield find investing in solar has a decent ROI.
To receive a free quote from a pre-vetted solar company in Westfield, you can click the button below.
Solar savings over time in Westfield
| Year | Return on Investment |
|---|---|
| 1 years | $-10,288 |
| 3 years | $-7,806 |
| 5 years | $-5,324 |
| 7 years | $-2,843 |
| 9 years | $-361 |
| 11 years | $2,120 |
| 13 years | $4,602 |
| 15 years | $7,083 |
| 17 years | $9,565 |
| 19 years | $12,046 |
| 21 years | $14,528 |
| 23 years | $17,010 |
| 25 years | $19,491 |
Top Solar Installers in Westfield
Installing solar panels on your own can be a difficult task, which is why using a solar installation company is a good option for many homeowners. Also, companies with an outstanding reputation that are more expensive upfront could actually save you money in the long term with their warranties, repair services and expert design.
If you’d like to switch to solar energy but still aren’t sure which solar installer to go with, here are our suggestions for providers in Westfield:
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Westfield
Factors that Affect Solar Panel Costs in Westfield
For many Westfield homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in Westfield, with typical prices between $20,000 to $40,000. There are numerous factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of solar panels in Westfield, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy usage, which you can figure out by looking at past energy bills. Your overall cost can increase by around $3,530 for each additional kilowatt you need.The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your power bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Westfield average.
Solar Financing Terms
Most solar companies in Westfield have solar loans, which reduce the initial cost of installing solar.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 upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar company you choose will impact your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor.You may notice national solar installers that have lower prices due to their bigger 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 | $6,466 | 17.6 years |
| 8 kW | $3.60 | $20,163 | $9,016 | 17.3 years |
| 10 kW | $3.53 | $24,710 | $11,764 | 16.9 years |
| 12 kW | $3.46 | $29,059 | $14,710 | 16.6 years |
| 14 kW | $3.39 | $33,210 | $17,854 | 16.3 years |
| 16 kW | $3.32 | $37,164 | $21,195 | 15.9 years |
| 18 kW | $3.25 | $40,920 | $24,734 | 15.6 years |
| 20 kW | $3.18 | $44,478 | $28,471 | 15.2 years |
How to Save on Solar Panels
Since the kind 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 select the right ones for you. Here are some things to keep in mind to help with your decision:
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years most likely provide high-quality solar panel installation and expertise.
- Installation Process: When making the switch to solar power, it’s essential to keep an open line of communication with your solar panel company. Make sure you understand how the installation process will go and the completion timeline.
- Solar Panel Brands: The kind of solar panel you need to install plays a role in which company you should choose, since different companies have different panels.
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
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Westfield, NJ Solar Cost FAQs
What is the average cost of installing solar panels in Westfield?
The average cost of solar panels in Westfield 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 things such as the type of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Westfield?
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 don’t have access to 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 energy bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Westfield, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to account for their typical energy usage.
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.