Solar Panel Cost Guide in Weehawken, NJ (2024 Update)
- Weehawken Solar Installation Cost: $11,370
- 25-Year Savings: $8,928
- Payback Period: 15.9 Years
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Average Cost of Solar Panels in Weehawken
Let’s take a look at the average cost of solar panels in Weehawken.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Weehawken, the typical cost of solar panels is 4 per watt.The average solar panel system size in Weehawken is around 4.6 kilowatts, meaning a cost of about $11,370 for a solar installation, or $16,259 before the 0 federal solar tax credit is applied.
How much you pay can be above or below the average in Weehawken based on a few factors, such as the kind of solar panels you choose and the solar contractor you hire.Despite the significant initial cost, the average Weehawken homeowner can save about $15,000 on their power bills over 20 years, which is one of the advantages of solar.
Click the button below to get connected to a top solar installer in your area for a customized estimate.
Solar savings over time in Weehawken
| Year | Return on Investment |
|---|---|
| 1 years | $-9,948 |
| 3 years | $-7,103 |
| 5 years | $-4,258 |
| 7 years | $-1,414 |
| 9 years | $1,431 |
| 11 years | $4,276 |
| 13 years | $7,120 |
| 15 years | $9,965 |
| 17 years | $12,810 |
| 19 years | $15,655 |
| 21 years | $18,499 |
| 23 years | $21,344 |
| 25 years | $24,189 |
Top Solar Installers in Weehawken
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Hiring a solar panel installer can make swapping over to solar power much easier. Plus, if you’re unsure what brand of solar panels and equipment you need, a solar company can help you find the right equipment for you after a site survey and consultation.
If you’d like to make the switch to solar but still aren’t certain which solar system company to go with, here are our suggestions for providers nearby:
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 Weehawken
Factors that Affect Solar Panel Costs in Weehawken
For many Weehawken homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Weehawken, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to pay about $3,530 per kilowatt in Weehawken.The brand and type of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price 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 add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are available from most installers in Weehawken, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible.It’s wise to add 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 off the loan.
Solar Panel Installation Company
The final key cost factor you should consider is the installer you choose. Given the booming popularity of renewable energy solutions in Weehawken, you’ll have many options to choose from, but each comes at varying price points for labor and equipment.The size of the company sometimes plays the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to more resources and better 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 | $7,856 | 16.6 years |
| 8 kW | $3.60 | $20,163 | $10,871 | 16.2 years |
| 10 kW | $3.53 | $24,710 | $14,082 | 15.9 years |
| 12 kW | $3.46 | $29,059 | $17,492 | 15.6 years |
| 14 kW | $3.39 | $33,210 | $21,099 | 15.3 years |
| 16 kW | $3.32 | $37,164 | $24,904 | 15.0 years |
| 18 kW | $3.25 | $40,920 | $28,906 | 14.7 years |
| 20 kW | $3.18 | $44,478 | $33,107 | 14.3 years |
How to Save on Solar Panels
There are many 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:
- Solar Panel Brands: Different companies will offer various brands and models of panels. If you want a specific brand, make sure the solar panel installer you’re considering has it.
- Warranty: If you’re concerned about the longevity of your solar energy system, making sure your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should acquire and what the project timeline is.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to do the job well. Another way you can look into your installer’s reputation is by reading reviews.
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 Weehawken, NJ Solar Cost FAQs
What is the average cost of installing solar panels in Weehawken?
The average cost of solar panels in Weehawken is about $17,650 for a 5-kW system and $35,300 for a 10-kW system before the ITC, but the real cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Weehawken?
Leasing solar panels can be an attractive choice, as it usually comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better way to go if you want to get the most savings.
Is going solar worth it?
Solar panels can be a beneficial investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already fairly low, solar panels might not be for you.
How long do solar panels last in Weehawken?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.
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.