Solar Panel Cost Guide in Jersey Shore, PA (2024 Update)
- Jersey Shore Solar Installation Cost: $17,499
- 25-Year Savings: $13,776
- Payback Period: 16.6 Years
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Average Cost of Solar Panels in Jersey Shore
We go over average solar pricing in Jersey Shore.
The average cost of a solar panel system in Jersey Shore is 4 per watt.Because a 7.0-kW system is needed to cover the energy needs of a typical home in Jersey Shore, the average price of going solar will be about $17,499 after claiming the federal solar tax credit of 0.
The true cost of your system can be above or below the average in Jersey Shore depending on a variety of factors, such as the kind of solar panels you choose and the solar contractor you hire.Despite the high initial cost, the average Jersey Shore homeowner can save around $14,000 on their electricity bills over 20 years, which is one of the perks of solar.
To receive a free quote from a pre-vetted solar installation company in Jersey Shore, you can click the button below.
Solar savings over time in Jersey Shore
| Year | Return on Investment |
|---|---|
| 1 years | $-16,284 |
| 3 years | $-13,856 |
| 5 years | $-11,427 |
| 7 years | $-8,999 |
| 9 years | $-6,570 |
| 11 years | $-4,142 |
| 13 years | $-1,713 |
| 15 years | $715 |
| 17 years | $3,144 |
| 19 years | $5,572 |
| 21 years | $8,001 |
| 23 years | $10,429 |
| 25 years | $12,858 |
Top Solar Installers in Jersey Shore
When making the switch to solar, many homeowners decide to go with a solar installer since putting up solar panels yourself can be a time-consuming project. Local solar installation companies can also help you maximize your return on investment by assisting with any local incentives and by offering warranties and repairs.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some in Jersey Shore:
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 Jersey Shore
Factors that Affect Solar Panel Costs in Jersey Shore
The cost of installing a solar system in Jersey Shore can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power production require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,550.There are several different solar panel brands and the one you pick also changes the cost. In general, the brands that have better efficiency tend to also be more expensive. Additionally, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for a solar system in cash is too expensive, solar loans are a solid route because they lower your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.You’ll have to consider the long-term cost of financing options, including the total interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panels can play a role in determining how much you pay. Jersey Shore’s solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and go with the company that offers the products, warranties and services you want and also fit into your budget.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.69 | $15,506 | $6,942 | 17.3 years |
| 8 kW | $3.62 | $20,278 | $9,653 | 16.9 years |
| 10 kW | $3.55 | $24,850 | $12,563 | 16.6 years |
| 12 kW | $3.48 | $29,224 | $15,672 | 16.3 years |
| 14 kW | $3.41 | $33,398 | $18,980 | 15.9 years |
| 16 kW | $3.34 | $37,374 | $22,487 | 15.6 years |
| 18 kW | $3.27 | $41,152 | $26,192 | 15.3 years |
| 20 kW | $3.19 | $44,730 | $30,097 | 14.9 years |
How to Save on Solar Panels
The solar installer you choose will be a major factor in determining not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should take into account, such as:
- Contract: Look through the contract terms thoroughly to make sure you understand how much it will cost, completion timeline rebates and warranties.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a long period of time such as 25 years are the gold standard in the business, and offering that kind of warranty is one sign of a quality company.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose impacts which solar panel brands you have access to.
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like the EcoWatch team.
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 Jersey Shore, PA Solar Cost FAQs
How much does it cost to install solar panels in Jersey Shore?
This is a tough question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $17,750 for a 5-kW system and $35,500 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the other hand, 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 Jersey Shore?
You can’t get solar panels for free in Jersey Shore. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Does Jersey Shore have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future power bills.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and the amount of 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.