Solar Panel Cost Guide in Yardville, NJ (2023 Update)
- Yardville Solar Installation Cost: $9,144
- 25-Year Savings: $7,873
- Payback Period: 13.4 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Yardville
We break down average solar pricing in Yardville.
Although the national average of solar panels is $2.66 per watt, solar panels in Yardville generally cost around 2.77. To account for the typical energy needs of the average home in Yardville, most homeowners require a 4.7-kilowatt system. Using the per-watt figure above, a solar installation costs about $9,152, or $13,087 before the federal solar tax credit of 30% is applied.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar may vary based on your household energy needs, the type of solar system you want to get, your solar contractor and more. For most homeowners, the upfront investment in solar is worth paying. On average homeowners in Yardville see about $14,000 in savings on energy bills over 20 years.
To get a free quote from a highly rated solar installation company in Yardville, you can click the button below.
Solar savings over time in Yardville
| Year | Return on Investment |
|---|---|
| 1 years | $-8,085 |
| 3 years | $-5,967 |
| 5 years | $-3,848 |
| 7 years | $-1,730 |
| 9 years | $389 |
| 11 years | $2,507 |
| 13 years | $4,625 |
| 15 years | $6,744 |
| 17 years | $8,862 |
| 19 years | $10,981 |
| 21 years | $13,099 |
| 23 years | $15,217 |
| 25 years | $17,336 |
Top Solar Installers in Yardville
Although it's possible to install solar panels on your own, it involves extra labor and knowledge. That's why most people choose a solar panel installer. The expertise that solar companies provide can be invaluable as well, especially if you don't quite know what type of solar equipment you need.
If you'd like to go solar but still aren't certain which solar installer to go with, here are our recommendations for providers in Yardville:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Yardville
Factors that Affect Solar Panel Costs in Yardville
There are a number of factors that can play into your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. That's why it's a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use. There are many different solar panel brands and the one you pick also affects the cost. Generally, the brands that offer higher efficiency tend to also be more expensive. Plus, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in Yardville have solar loans, which reduce your upfront costs of installing a solar system. When estimating your overall cost, you should also calculate the interest you'll pay if you 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 choose to install your solar system can impact the cost. Yardville's solar companies all have different labor costs and add varying upcharges to equipment. The company's size sometimes plays the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of more resources and better pricing. Smaller local companies might be more costly, but they can sometimes 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 | $9,551 | 14.0 years |
| 8 kW | $2.83 | $15,822 | $13,045 | 13.7 years |
| 10 kW | $2.77 | $19,390 | $16,694 | 13.4 years |
| 12 kW | $2.71 | $22,803 | $20,498 | 13.2 years |
| 14 kW | $2.66 | $26,060 | $24,457 | 12.9 years |
| 16 kW | $2.60 | $29,163 | $28,572 | 12.6 years |
| 18 kW | $2.55 | $32,110 | $32,841 | 12.4 years |
| 20 kW | $2.49 | $34,902 | $37,266 | 12.1 years |
How to Save on Solar Panels
There are numerous companies available in Yardville, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean 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 look into your installer's reputation is by reading reviews.
- Warranty: If you're concerned about the longevity of your solar panel system, ensuring your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Contract: Although reading through a contract can take a lot of time, it's important to do it fully so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Yardville, NJ Solar Cost FAQs
What is the average cost of installing solar panels in Yardville?
This is a hard question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $13,850 for a 5-kW system and $27,700 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or higher quality panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Yardville?
A solar panel system isn't free in Yardville, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and how much direct sunlight your roof gets.
How many solar panels do I need to power 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 cover 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.