Solar Panel Cost Guide in Hillside, NJ (2025 Update)
- Hillside Solar Installation Cost: $11,528
- 25-Year Savings: $24,031
- Payback Period: 16.1 Years
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Average Cost of Solar Panels in Hillside
Let’s have a look at the average cost of solar panels in Hillside.
While the national average of solar panels is $2.66 per watt, solar panels in Hillside typically cost around 4.The average Hillside homeowner needs a 4.7-kilowatt system, which would cost about $11,528 with the federal tax credit, or $16,485 before the 0 tax credit is applied.
The true cost of your system can be higher or lower than the average in Hillside depending on a few factors, such as the type of solar panels you choose and the solar contractor you hire.Despite the significant initial cost, the average Hillside homeowner can save around $15,000 on their electricity bills over 20 years, which is one of the benefits of solar.
For a free quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Hillside
Year | Return on Investment |
---|---|
1 years | $-10,106 |
3 years | $-7,261 |
5 years | $-4,417 |
7 years | $-1,572 |
9 years | $1,273 |
11 years | $4,118 |
13 years | $6,962 |
15 years | $9,807 |
17 years | $12,652 |
19 years | $15,497 |
21 years | $18,341 |
23 years | $21,186 |
25 years | $24,031 |
Top Solar Installers in Hillside
Although you can install solar panels by yourself, it takes extra labor and knowledge. That's why most homeowners choose to go with a solar panel installer. A solar company can also help save you money over time by providing warranties, repairs and component replacements.
Working with a licensed solar company can make going solar easier. Here are our recommendations:
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 Hillside
Factors that Affect Solar Panel Costs in Hillside
For many Hillside homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Hillside, with typical prices between $20,000 to $40,000. There are several factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power production need 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 $3,530.The brand and kind of equipment you choose 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 can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Most solar installers in Hillside provide solar loans, which reduce your upfront costs of installing solar.Though solar loans make switching to solar energy more accessible for Hillside homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The last major cost factor you should consider is the installer you choose. Given the booming popularity of clean energy solutions in Hillside, you’ll have lots of options to choose from, but each comes at various price points for labor and equipment.You may notice national solar installers that have lower prices due to their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $7,537 | 16.8 years |
8 kW | $3.60 | $20,163 | $10,445 | 16.5 years |
10 kW | $3.53 | $24,710 | $13,550 | 16.1 years |
12 kW | $3.46 | $29,059 | $16,854 | 15.8 years |
14 kW | $3.39 | $33,210 | $20,354 | 15.5 years |
16 kW | $3.32 | $37,164 | $24,053 | 15.2 years |
18 kW | $3.25 | $40,920 | $27,949 | 14.9 years |
20 kW | $3.18 | $44,478 | $32,043 | 14.5 years |
How to Save on Solar Panels
There are a large number of companies available in Hillside, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Warranty: A comprehensive, long-term warranty can help keep your solar panel system running smoothly and save you money on part replacement and repairs.
- Solar Panel Brands: Different companies have different brands and models of panels. If you know you want a specific brand, make sure the solar panel company you’re considering has it.
- Contract: It’s important to read your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system’s energy production.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar company, such as what permits you should secure and how long the project will take.
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 Hillside, NJ Solar Cost FAQs
What is the average cost of installing solar panels in Hillside?
The average cost of solar panels in Hillside is about $17,650 for a 5-kW system and $35,300 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
Cost is a key factor to consider, but whether it’s the most important for you depends on your goals for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Do solar panels increase the value of your home?
Solar panels can increase your property’s value significantly as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
How long do solar panels last in Hillside?
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 decide to replace them after having them for that long or you can continue to use 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.