Solar Panel Cost Guide in Ewing, NJ (2024 Update)

  • Ewing Solar Installation Cost: $11,653
  • 25-Year Savings: $8,373
  • Payback Period: 16.6 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Ewing

Here’s how much it might cost to install solar panels in Ewing.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Ewing, the typical cost of a solar system is 4 per watt.Using this figure, a typical 4.7-kW system would cost about $11,653 before the 0 federal solar tax credit is applied.

These figures are just averages, and how much solar costs for you will differ based on the amount of energy your home requires and what company you want to go with.Despite the significant initial cost, the average Ewing homeowner can save about $14,000 on their electricity bills over 20 years, which is one of the benefits of solar.

Click the button below to get connected to a highly rated solar company in your area for a custom estimate.

Solar savings over time in Ewing

Year Return on Investment
1 years $-10,322
3 years $-7,658
5 years $-4,995
7 years $-2,332
9 years $331
11 years $2,994
13 years $5,657
15 years $8,321
17 years $10,984
19 years $13,647
21 years $16,310
23 years $18,973
25 years $21,636

Top Solar Installers in Ewing

When switching to solar energy, many homeowners prefer to hire a solar company since putting up solar panels yourself can be a challenging project. Another benefit of utilizing a solar installer is that they can help you optimize your ROI by reducing your future costs of repairs and replacements because of warranties and giving you information on local incentives you can take advantage of.

Working with a vetted solar installer can help your solar project go smoothly. Here are our recommendations:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best for Leasing

Sunrun

★★★★★
4.0

  • 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 Ewing

Factors that Affect Solar Panel Costs in Ewing

For many Ewing homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Ewing, with typical prices between $20,000 to $40,000. There are various factors that considerably influence the price you’ll pay, which we'll go over below.

Solar Equipment

System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. Because of that, it’s a priority to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use.The kind of solar panels and equipment you choose is another factor that will substantially affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Further, solar equipment goes beyond just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that falls within your budget.

Solar Financing Terms

Many homeowners find the average cost of solar in Ewing to be too steep, even if the investment pays off over time. Fortunately, almost every solar installer in the area offers financing options. Solar loans remarkably decrease upfront costs in most cases, but they also result in a higher cost over time because of interest.It’s wise to factor 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 back the loan.

Solar Panel Installation Company

The solar company you hire to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar panel companies in Ewing, and each can charge varying amounts for labor and equipment.The size of the company sometimes plays the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower 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 $3.67 $15,419 $6,867 17.3 years
8 kW $3.60 $20,163 $9,552 17.0 years
10 kW $3.53 $24,710 $12,434 16.6 years
12 kW $3.46 $29,059 $15,514 16.3 years
14 kW $3.39 $33,210 $18,792 16.0 years
16 kW $3.32 $37,164 $22,267 15.6 years
18 kW $3.25 $40,920 $25,940 15.3 years
20 kW $3.18 $44,478 $29,810 15.0 years

How to Save on Solar Panels

There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you decide on the right company for you, here are some tips to keep in mind:

  • Warranty: If you’re concerned about the endurance of your solar panels, checking if your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
  • Solar Panel Brands: Different companies will offer various brands and models of panels. If you prefer a specific brand, make sure the solar installer you’re considering has it.
  • Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years likely provide high-quality solar panel installation and expertise.
  • Contract: When looking over your solar company’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

EcoWatch's Ewing, NJ Solar Cost FAQs

What is the average cost of installing solar panels in Ewing?

This is a difficult question to answer exactly, because the cost depends on a variety of 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. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you go with a smaller solar panel system or less expensive solar panels.

What other factors should I consider apart from cost when buying solar panels?

The upfront cost is a key factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.

Is going solar worth it?

Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and how much direct sunlight your roof gets.

What solar power system size is right for my home?

To figure out how many solar panels you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.

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.

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