Solar Panel Cost Guide in Montclair, VA (2024 Update)
- Montclair Solar Installation Cost: $20,044
- 25-Year Savings: $19,930
- Payback Period: 13.6 Years
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Average Cost of Solar Panels in Montclair
Let’s take a look at the average cost of solar panels in Montclair.
Although the national average of solar panels is $2.66 per watt, solar panels in Montclair generally cost about 4.Using this figure, a typical 8.0-kW system would cost about $20,044 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The true cost of installing solar panels can vary based on a few factors, such as how many panels you need, your energy consumption and what installation company you go with.With average savings of about $18,000 on electricity bills over 20 years, many homeowners in Montclair find investing in solar can pay off big.
You can click the button below to get connected with a top solar installer in Montclair that can help you get a more accurate cost estimate for your home.
Solar savings over time in Montclair
| Year | Return on Investment |
|---|---|
| 1 years | $-18,445 |
| 3 years | $-15,247 |
| 5 years | $-12,049 |
| 7 years | $-8,851 |
| 9 years | $-5,653 |
| 11 years | $-2,455 |
| 13 years | $743 |
| 15 years | $3,941 |
| 17 years | $7,138 |
| 19 years | $10,336 |
| 21 years | $13,534 |
| 23 years | $16,732 |
| 25 years | $19,930 |
Top Solar Installers in Montclair
Many homeowners opt for a solar installation company since trying to install solar panels yourself can be time-consuming. Companies can also have access to quality options of the best solar panels and help you decide which one will be best for your family.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 Montclair
Factors that Affect Solar Panel Costs in Montclair
Although the average cost of a solar system in Montclair is $20,044, your actual cost may differ. There are many factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more crucial things to consider.
Solar Equipment
The size of the solar energy 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 around $3,590. The brand and kind of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
If paying for a solar system out of pocket is difficult, solar loans are an affordable route because they cut back your upfront costs and let you pay for your system over five to seven years on average.It’s wise to add the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
The remaining major cost factor you should consider is the installer you choose. Given the booming popularity of sustainable energy solutions in Montclair, you’ll have lots of options to choose from, but each comes at different price points for labor and equipment.Additionally, some companies in Montclair know more about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.73 | $15,681 | $12,002 | 14.2 years |
| 8 kW | $3.66 | $20,506 | $16,405 | 13.9 years |
| 10 kW | $3.59 | $25,130 | $21,009 | 13.6 years |
| 12 kW | $3.52 | $29,553 | $25,814 | 13.3 years |
| 14 kW | $3.45 | $33,775 | $30,819 | 13.1 years |
| 16 kW | $3.37 | $37,796 | $36,026 | 12.8 years |
| 18 kW | $3.30 | $41,615 | $41,434 | 12.5 years |
| 20 kW | $3.23 | $45,234 | $47,043 | 12.3 years |
How to Save on Solar Panels
There are numerous companies to choose from in Montclair, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Contract: Though reading through a contract can take a lot of time, it’s important to do it carefully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the completion timeline.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and energy efficiency. They will come at different costs as well. The company you choose plays a role in which solar panel brands you have access to.
- Reputation: Companies that have been in business for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 Montclair, VA Solar Cost FAQs
What is the average cost of installing solar panels in Montclair?
The average cost of solar panels in Montclair is about $17,950 for a 5-kW system and $35,900 for a 10-kW system before the ITC, but the real cost will depend on things such as the model of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider in addition to cost when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on energy bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $922.77 per year.
What solar power system size is right for 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 buy 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.