Solar Panel Cost Guide in Fort Dix, NJ (2024 Update)

  • Fort Dix Solar Installation Cost: $11,389
  • 25-Year Savings: $7,663
  • Payback Period: 17.2 Years

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By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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Average Cost of Solar Panels in Fort Dix

Let’s have a look at the average cost of solar panels in Fort Dix.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Fort Dix, the average cost of solar panels is 4 per watt.The average Fort Dix homeowner needs a 4.6-kilowatt system, which would cost about $11,389 with the federal tax credit, or $16,286 before the 0 tax credit is applied.

Bear in mind that the figures above are only estimates based on the average Fort Dix homeowner. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.Many homeowners find going solar is a sound investment. The average homeowner in Fort Dix can save about $14,000 on their power bills over 20 years.

To receive a free quote from a highly rated solar installer in Fort Dix, you can click the button below.

Solar savings over time in Fort Dix

Year Return on Investment
1 years $-10,330
3 years $-8,212
5 years $-6,093
7 years $-3,975
9 years $-1,857
11 years $262
13 years $2,380
15 years $4,499
17 years $6,617
19 years $8,735
21 years $10,854
23 years $12,972
25 years $15,091

Top Solar Installers in Fort Dix

Many homeowners choose to use a solar panel company since figuring out how to install solar panels yourself can be hard. The payback period on an investment in solar panels will vary depending on factors like your location and energy use, but going with a solar installer can shorten it. Your provider will be able to help you identify incentives available in your area.

If you’d like to make the switch to solar but still aren’t certain which solar company to go with, here are our suggestions for providers in Fort Dix:

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 Fort Dix

Factors that Affect Solar Panel Costs in Fort Dix

For many Fort Dix homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Fort Dix, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you’ll pay, which we'll go over below.

Solar Equipment

One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to spend around $3,530 per kilowatt in Fort Dix.The kind of solar panels and equipment you choose is another factor that will largely affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Moreover, 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

Most solar companies in Fort Dix provide solar loans, which reduce the initial cost of installing a solar system.It’s a good idea to include the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it’ll take to pay back the loan.

Solar Panel Installation Company

Finally, the company you choose to install your solar panels can affect how much it costs. Fort Dix’s solar companies all have different labor costs and add varying upcharges to equipment. The company’s size can sometimes play the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to more 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 promotion 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 $6,190 17.8 years
8 kW $3.60 $20,163 $8,649 17.5 years
10 kW $3.53 $24,710 $11,306 17.2 years
12 kW $3.46 $29,059 $14,160 16.8 years
14 kW $3.39 $33,210 $17,211 16.5 years
16 kW $3.32 $37,164 $20,461 16.1 years
18 kW $3.25 $40,920 $23,908 15.8 years
20 kW $3.18 $44,478 $27,553 15.4 years

How to Save on Solar Panels

There are numerous companies available in Fort Dix, 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:

  • Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. While there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so be sure to ask for their list of options before deciding.
  • Warranty: An all-inclusive, long-term warranty can help keep your solar panels running for a long time and save you money on part replacement and repairs.
  • Contract: Although reading through a contract can take a lot of time, it’s important to do it carefully so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
  • Reputation: Your solar installer should have a good reputation as a company and have proven expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.

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 Fort Dix, NJ Solar Cost FAQs

How much does it cost to install solar panels in Fort Dix?

This is a hard question to answer exactly, because the cost depends on many 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 extra solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you choose a smaller solar panel system or less expensive solar panels.

Are solar panels free in Fort Dix?

Solar panels aren’t free in Fort Dix, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.

Can you sell solar power back to the grid in Fort Dix?

Most states offer net metering programs of some kind. Through these, you can receive compensation 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 many solar panels do I need to power my home?

To figure out what solar panel system size you need, you should find out how much energy your home needs 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 house 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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