Solar Panel Cost Guide in Dennis, NJ (2024 Update)
- Dennis Solar Installation Cost: $10,458
- 25-Year Savings: $14,554
- Payback Period: 11.5 Years
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Average Cost of Solar Panels in Dennis
We go over average solar pricing in Dennis.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Dennis, the average cost of a solar system is 4 per watt.Using this figure, a typical 4.2-kW system would cost about $10,458 before the 0 federal solar tax credit is applied.
These figures are only averages, and the cost of going solar for you will most likely look different based on your energy needs and what company you choose to go with.For many homeowners, the upfront investment in solar is worth paying. On average Dennis homeowners see about $20,000 in savings on electricity bills over 20 years.
To get a free estimate from a pre-vetted solar installation company in Dennis, you can click the button below.
Solar savings over time in Dennis
| Year | Return on Investment |
|---|---|
| 1 years | $-8,960 |
| 3 years | $-5,964 |
| 5 years | $-2,967 |
| 7 years | $29 |
| 9 years | $3,025 |
| 11 years | $6,022 |
| 13 years | $9,018 |
| 15 years | $12,015 |
| 17 years | $15,011 |
| 19 years | $18,007 |
| 21 years | $21,004 |
| 23 years | $24,000 |
| 25 years | $26,996 |
Top Solar Installers in Dennis
Although you can install solar panels by yourself, it requires extra labor and expertise. For that reason, the majority of homeowners choose a solar panel installer. The payback period of solar panels will vary based on factors like your roof configuration and energy needs, but working with a solar company can help you reach a break-even point sooner. Your provider will be able to help you get the most out of incentives available in your area.
If you're searching for a solar installer in Dennis, the EcoWatch team has organized a list of our top suggestions here:
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 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
See all of the solar companies in Dennis
Factors that Affect Solar Panel Costs in Dennis
Although the average cost of a solar system in Dennis is $10,458, your actual cost may be above or below the average. 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.
Solar Equipment
When it comes to estimating the price of a solar energy system in Dennis, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy consumption, which you can determine by looking at past power bills. Your total cost can increase by about $3,530 for each additional kilowatt you need.The type of solar equipment you choose can bring your price up or down 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. However, more efficient panels could save you more over time on your power bills. Additionally, add-on products, like solar batteries, can bump up your total well above the Dennis average.
Solar Financing Terms
Many homeowners find the average cost of solar in Dennis to be too steep, even if the investment pays off over time. Thankfully, nearly every solar installer in the area offers financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also result in paying more over time due to interest.It’s wise to include 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 the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Dennis is the company you hire to install your solar system. Similar to choosing a company to renovate your kitchen, for instance, you’ll have no shortage of solar installers that offer a range of services for different budgets.Additionally, some companies in Dennis are more knowledgeable about local solar incentives and can help you make good use of 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 | $3.67 | $15,419 | $16,847 | 11.9 years |
| 8 kW | $3.60 | $20,163 | $22,858 | 11.7 years |
| 10 kW | $3.53 | $24,710 | $29,067 | 11.5 years |
| 12 kW | $3.46 | $29,059 | $35,474 | 11.3 years |
| 14 kW | $3.39 | $33,210 | $42,078 | 11.0 years |
| 16 kW | $3.32 | $37,164 | $48,880 | 10.8 years |
| 18 kW | $3.25 | $40,920 | $55,879 | 10.6 years |
| 20 kW | $3.18 | $44,478 | $63,076 | 10.3 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be a challenge, we have some tips to help you, such as:
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years in most cases provide good-quality solar panel installation and expertise.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panels running for years to come and save you money on part replacement and repairs.
- Contract: Even though reading through a contract can take a lot of time, it’s important to do it fully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
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 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
EcoWatch's Dennis, NJ Solar Cost FAQs
What is the average cost of installing solar panels in Dennis?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $17,650 for a 5-kW system and $35,300 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or more efficient panels, or if you have above-average energy needs. On the flip side, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Are solar panels free in Dennis?
You can’t get solar panels for free in Dennis. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Does Dennis have a net metering program?
Most states have net metering programs of some kind. Through these, you can either be compensated for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is how much energy they produce will have decreased significantly after that point. You can replace them once you've had them for that long or you can keep using them at a lower efficiency.
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.