*Prices are shown after applying the 30% federal tax credit.
As of Apr 2024, the average cost of solar panels in Oceanport is $2.7 per watt making a typical 6000 watt (6 kW) solar system $11,333 after claiming the 30% federal solar tax credit now available.
This is lower than the average price of residential solar power systems across the United States which is currently $3.00 per watt.
The size of a solar panel system also plays a role in how much the installation will cost.
Larger solar installations will typically have a lower cost per watt, because the panels can be purchased at a ‘bulk price’. However, these larger solar systems will still have a higher total cost, because they are made up of more individual panels.
System size* | Avg cost per watt |
Avg system cost
(After tax credit) show before tax |
---|---|---|
4kW | $2.94 | $8,224 |
5kW | $2.81 | $9,852 |
6kW | $2.70 | $11,333 |
7kW | $2.67 | $13,107 |
8kW | $2.68 | $14,985 |
9kW | $2.58 | $16,247 |
10kW | $2.55 | $17,842 |
Best unit price
$320.00 ($0.96 per watt)
Best system price
Installed 5.0kW system
$12,721.85
($2.53 p/w)
LG335N1K-V5 overview
Rated power
335 watts
Efficiency
19.6
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
KR
Best unit price
$562.50 ($1.50 per watt)
Best system price
Installed 4.9kW system
$12,120.18
($2.49 p/w)
LG375A1C-V5 overview
Rated power
375 watts
Efficiency
21.7
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
KR
Best unit price
$430.00 ($1.15 per watt)
Best system price
Installed 4.9kW system
$12,919.30
($2.65 p/w)
LG375Q1C-V5 overview
Rated power
375 watts
Efficiency
21.7
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
KR
Best unit price
$473.34 ($1.30 per watt)
Best system price
Installed 5.1kW system
$13,231.07
($2.59 p/w)
LG365Q1K-V5 overview
Rated power
365 watts
Efficiency
21.1
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
KR
Best unit price
$432.00 ($1.20 per watt)
Best system price
Installed 5.0kW system
$13,276.66
($2.63 p/w)
LG360Q1K-V5 overview
Rated power
360 watts
Efficiency
20.8
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$530.85 ($1.50 per watt)
Best system price
Installed 5.0kW system
$12,386.87
($2.49 p/w)
LG355Q1K-V5 overview
Rated power
355 watts
Efficiency
20.6
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$495.00 ($1.38 per watt)
Best system price
Installed 5.0kW system
$13,091.06
($2.60 p/w)
LG360Q1C-V5 overview
Rated power
360 watts
Efficiency
20.8
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$407.97 ($1.10 per watt)
Best system price
Installed 5.2kW system
$13,159.30
($2.54 p/w)
LG370Q1C-V5 overview
Rated power
370 watts
Efficiency
21.4
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$323.39 ($0.97 per watt)
Best system price
Installed 5.0kW system
$12,691.01
($2.53 p/w)
LG335N1C-V5 overview
Rated power
335 watts
Efficiency
19.6
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$338.19 ($0.99 per watt)
Best system price
Installed 5.1kW system
$0.00
($0.00 p/w)
LG340N1C-V5 overview
Rated power
340 watts
Efficiency
19.8
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$600.00 ($1.83 per watt)
Best system price
Installed 4.9kW system
$12,808.41
($2.61 p/w)
SPR-E20-327-COM overview
Rated power
327 watts
Efficiency
20.4
Number of Cells
96
Cell type
Monocrystalline
Manufactured
US
Best unit price
$800.00 ($2.22 per watt)
Best system price
Installed 5.0kW system
$13,201.67
($2.62 p/w)
SPR-X22-360 overview
Rated power
360 watts
Efficiency
22.2
Number of Cells
96
Cell type
Monocrystalline
Manufactured
US
Best unit price
$620.00 ($1.90 per watt)
Best system price
Installed 4.9kW system
$13,703.10
($2.79 p/w)
SPR-E20-327-D-AC overview
Rated power
327 watts
Efficiency
20.4
Number of Cells
96
Cell type
Monocrystalline
Manufactured
US
Best unit price
$620.00 ($1.90 per watt)
Best system price
Installed 4.9kW system
$13,610.59
($2.77 p/w)
SPR-E20-327 overview
Rated power
327 watts
Efficiency
20.4
Number of Cells
96
Cell type
Monocrystalline
Manufactured
US
Best unit price
$181.00 ($0.60 per watt)
Best system price
Installed 5.1kW system
$11,003.04
($2.16 p/w)
CS6K-300MS overview
Rated power
300 watts
Efficiency
18.33
Number of Cells
60
Cell type
Monocrystalline
Manufactured
CA
Best unit price
$196.11 ($0.65 per watt)
Best system price
Installed 5.1kW system
$9,948.02
($1.95 p/w)
LR6-60-HPB-300M overview
Rated power
300 watts
Efficiency
18.1
Number of Cells
120
Cell type
Mono PERC
Manufactured
CN
Best unit price
$172.00 ($0.56 per watt)
Best system price
Installed 4.9kW system
$9,568.53
($1.96 p/w)
LR6-60-HPB-305M overview
Rated power
305 watts
Efficiency
18.4
Number of Cells
120
Cell type
Mono PERC
Manufactured
CN
Best unit price
$165.00 ($0.53 per watt)
Best system price
Installed 5.0kW system
$9,761.72
($1.97 p/w)
LR6-60-HPB-310M overview
Rated power
310 watts
Efficiency
18.7
Number of Cells
120
Cell type
Mono PERC
Manufactured
CN
Best unit price
$228.00 ($0.60 per watt)
Best system price
Installed 4.9kW system
$9,579.65
($1.94 p/w)
LR4-60HPH-380M overview
Rated power
380 watts
Efficiency
20.9
Number of Cells
120
Cell type
Mono PERC
Manufactured
CN
Best unit price
$234.00 ($0.60 per watt)
Best system price
Installed 5.1kW system
$10,126.74
($2.00 p/w)
LR6-72HBD-390M overview
Rated power
390 watts
Efficiency
19.4
Number of Cells
144
Cell type
Mono PERC
Manufactured
CN
4.83 357 Reviews
Mike D, 1 week ago
1st class company did a first class design coupled with a first class install. They even worked with me to fish the cabling through the walls to reduce the need for conduit piping on the exterior or our home. Thanks GPE
Read more
Mike D, 1 week ago
1st class company did a first class design coupled with a first class install. They even worked with me to fish the cabling through the walls to reduce the need for conduit piping on the exterior or our home. Thanks GPE
4.83 534 Reviews
Anne Del Gaiso, 15 hours ago
We talked with several companies and decided on one when we got a call to see one more, Solar Energy World. So glad we did. From the second the saleman , Dillan Strabbe came in until the system turned on, it was nothing but professional. Every person and crew that was to be here at a given time was on time and went right to work, no coffee breaks just work. The install was done neat and everything was picked up and left as found. Every person that we encountered was polite. Any questions we had we called Dillan who always picked up the phone and answered everything. We are referring several people to this company and letting them know how pleased we are. Oh, and they had the best price for everything too!
Read more
Anne Del Gaiso, 15 hours ago
We talked with several companies and decided on one when we got a call to see one more, Solar Energy World. So glad we did. From the second the saleman , Dillan Strabbe came in until the system turned on, it was nothing but professional. Every person and crew that was to be here at a given time was on time and went right to work, no coffee breaks just work. The install was done neat and everything was picked up and left as found. Every person that we encountered was polite. Any questions we had we called Dillan who always picked up the phone and answered everything. We are referring several people to this company and letting them know how pleased we are. Oh, and they had the best price for everything too!
4.83 72 Reviews
James, 4 weeks ago
Tristan was a tremendous help from start to finish. Resourceful company that can find a good solution to fit your personal solar situation.
Read more
James, 4 weeks ago
Tristan was a tremendous help from start to finish. Resourceful company that can find a good solution to fit your personal solar situation.
4.79 79 Reviews
Janet W, over 1 month
My family and I have wanted to install solar on our home for years, but unfortunately were never able to do so until our recent move. Our new home is perfectly situated for solar, so I started searching for a solar company in the tail end of December 2023. I wound up with two options, one of which was SavKat Solar, and made appointments with both companies. Jay from SavKat came out to our house on 12/26/2023 and spent several hours explaining EVERYTHING to me in great detail. He reviewed whether or not my house was a good fit for solar and why, then went over the different system sizes that are available and the warranties that go with each one. He explained the entire installation process from start to finish, including how long each of the steps in the process usually takes, and worked with me to figure out how many panels my family and I would need, as well as what the best location for each panel would be. He was open and honest about pricing and repayment options, and thoroughly answered and addressed each and every one of my questions and concerns. And when my daughter came home from work, he even spent extra time explaining everything to her! Neither one of us felt rushed or pressured into making a decision. He made us both feel extremely comfortable about asking him questions, and made sure that we understood everything. He told us to reach out to him with any questions we thought of after he left, and even e-mailed us all of the information that he spoke with us about so that we could review it and make a decision in our own time. Talk about service! I can't say the same about the other company. Jay also invited us to take a tour of the SavKat facilities, which I did on 1/3/2024. While there, I met multiple employees - including the owner - who were not only kind, but also quick to answer all of the questions that I had as well. After talking things over with my family, we decided to request an additional 3 panels so that we could be sure that we had enough wattage, and both Jay and the employees at SavKat were more than willing to accommodate our request. We signed a contract with them that day. Each and every step of the entire project happened faster than Jay had led us to expect, part of which might have been due to the fact that not a lot of people install solar in the beginning of the year. When the solar panels themselves were installed, every one of the employees were nice, quick, and efficient, and everything was explained to my family and I after it was done. Our new electric meters were installed today, so I'm hoping that we'll get permission to operate tomorrow. I can't say enough wonderful things about everyone at SavKat, especially Jay. Every time I've reached out to Jay, even when he was on a business trip, he has been extremely responsive, no matter how small my question might seem, and I was never once spoken down to or made to feel like I should know something that I didn't. If I could work with SavKat forever, I would. I wish more companies were as amazing as they are!
Read more
Janet W, over 1 month
My family and I have wanted to install solar on our home for years, but unfortunately were never able to do so until our recent move. Our new home is perfectly situated for solar, so I started searching for a solar company in the tail end of December 2023. I wound up with two options, one of which was SavKat Solar, and made appointments with both companies. Jay from SavKat came out to our house on 12/26/2023 and spent several hours explaining EVERYTHING to me in great detail. He reviewed whether or not my house was a good fit for solar and why, then went over the different system sizes that are available and the warranties that go with each one. He explained the entire installation process from start to finish, including how long each of the steps in the process usually takes, and worked with me to figure out how many panels my family and I would need, as well as what the best location for each panel would be. He was open and honest about pricing and repayment options, and thoroughly answered and addressed each and every one of my questions and concerns. And when my daughter came home from work, he even spent extra time explaining everything to her! Neither one of us felt rushed or pressured into making a decision. He made us both feel extremely comfortable about asking him questions, and made sure that we understood everything. He told us to reach out to him with any questions we thought of after he left, and even e-mailed us all of the information that he spoke with us about so that we could review it and make a decision in our own time. Talk about service! I can't say the same about the other company. Jay also invited us to take a tour of the SavKat facilities, which I did on 1/3/2024. While there, I met multiple employees - including the owner - who were not only kind, but also quick to answer all of the questions that I had as well. After talking things over with my family, we decided to request an additional 3 panels so that we could be sure that we had enough wattage, and both Jay and the employees at SavKat were more than willing to accommodate our request. We signed a contract with them that day. Each and every step of the entire project happened faster than Jay had led us to expect, part of which might have been due to the fact that not a lot of people install solar in the beginning of the year. When the solar panels themselves were installed, every one of the employees were nice, quick, and efficient, and everything was explained to my family and I after it was done. Our new electric meters were installed today, so I'm hoping that we'll get permission to operate tomorrow. I can't say enough wonderful things about everyone at SavKat, especially Jay. Every time I've reached out to Jay, even when he was on a business trip, he has been extremely responsive, no matter how small my question might seem, and I was never once spoken down to or made to feel like I should know something that I didn't. If I could work with SavKat forever, I would. I wish more companies were as amazing as they are!
4.77 89 Reviews
Mark, over 1 month
Solar Me's installers, engineers and customer service staff were very professional, knowledgeable and courteous. Work was completed on time with no problems. System works great.
Read more
Mark, over 1 month
Solar Me's installers, engineers and customer service staff were very professional, knowledgeable and courteous. Work was completed on time with no problems. System works great.
4.74 580 Reviews
Warren F, 2 days ago
I never thought I would go solar but from the salesperson to follow up it was so professional, real customer service! The installation team was so efficient so instructive and so professional. So if you want to go solar strongly suggest you do go Venture Solar. I am so enjoying watching my net meter going backwards since the installation, it looks like I with Venture Solar will produce 100% of my electricity needs!
Read more
Warren F, 2 days ago
I never thought I would go solar but from the salesperson to follow up it was so professional, real customer service! The installation team was so efficient so instructive and so professional. So if you want to go solar strongly suggest you do go Venture Solar. I am so enjoying watching my net meter going backwards since the installation, it looks like I with Venture Solar will produce 100% of my electricity needs!
4.71 26 Reviews
cheryl, over 1 month
I spoke with Dov at Powerlutions regarding our solar contract. He was very knowledgeable, patient and extremely pleasant to work with. The installation team was very respectful and professional, it was very impressive to watch them do the job. I am looking forward to geeting good use out of our new solar panels. Thank you Dov and Powerlutions for an excellent experience.
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cheryl, over 1 month
I spoke with Dov at Powerlutions regarding our solar contract. He was very knowledgeable, patient and extremely pleasant to work with. The installation team was very respectful and professional, it was very impressive to watch them do the job. I am looking forward to geeting good use out of our new solar panels. Thank you Dov and Powerlutions for an excellent experience.
4.66 38 Reviews
Calvin Clements, over 1 month
Excellent installation and had a problem with inverter one year later and 100% prompt replacement and stood behind warranty.
Read more
Calvin Clements, over 1 month
Excellent installation and had a problem with inverter one year later and 100% prompt replacement and stood behind warranty.
4.64 50 Reviews
Alex Eyzner, over 1 month
I had been kicking around the idea of solar for a while and then I walked by a solar sales guy at my local Costco. Got a quote and it ended there. The price was astronomical. plus, I needed a new roof. 8 months goes by time to do the roof no choice now. walked by a different sales guy in Costco same company, slightly better quote but still may make sense. So, I started doing more research. I called 9 different companies and spoke to 9 sales guys. Only one that didn’t sound like they were selling me was Jeff over at Impact Solar. In fact, Impact was recommended by the roofer. I almost had a done deal with another company who was decent and gave me some good things to think about. Also helped that their price for better equipment was WAY less than that Costco company (we all know the one). But after speaking with Jeff and him going into more detail and answering every stupid question I had and giving me even more info about things I didn’t think about I decided to take the next step. Jeff scheduled a site visit (had 4 others done already). Rob showed up, Rob is the owner and walked me through everything during the site visit. He also did things others didn’t. He measured the sun and shading showed me what it looks like, talked me through what he thought would work best and how to go about it. I was amazed at all the little things no one ever bothered to explain that I wouldn’t think to ask. I called back others to ask questions and started getting the feeling that they were fed up with me not moving forward and asking again to explain certain things. That was a big turn off for me. I spoke some more to Jeff asking the same questions and digging deeper. Jeff was always professional always happy to explain and always got an answer for me on technical stuff if he didn’t know. So finally, I felt like I was making the right choice after multiple equipment choices back and forth. I got the QCell Qtron 425 and the Iq8M inverters which I felt was the best combination for what I wanted to achieve. We worked out the final price and I was happy where I was. (Impact happened to also have the best price) They also had a very good payment process and what I mean is that you make 3 payments. 10% down at contract signing (which by the way is 4 or 5 pages not 50) contract is also written in plain language and Jeff worked with me to make some changes so I would be happy with it. 60% due at install (that’s when the panels are on the roof and tested) and the final 30% is due once you get the approval to operate. This keeps the contractor honest and interested to get you to the finish line so they can get paid. Rob told me he wants the customer to feel like the company has skin in the game and something to lose if they don’t finish. Thats amazing in my opinion and keeps them honest. Once I signed the contract and made my initial down payment it was a matter of just waiting, and waiting, and waiting. Did I mention waiting. But not for Impact they got right to work. I had the pleasure of dealing with Michelle who was just as amazing as Jeff. She walked me through the steps we needed to take. First, they sent me paperwork for my Utility application and paperwork for the NJ Application and paperwork for my permits with the township. I spent time waiting for the paperwork to get processed but not for Impact. Every time something moved forward and they can action another step I was contacted within 1 day so they can keep it moving. They also coordinated with the roofers and most importantly they scheduled the roof and solar install in a way that they can run wiring while the roof was up and open so as to hide as much as possible. Once I got all the Oks and the Permits and the approvals in place things moved fast. Roofers were out within a week and Impact was on site to do their piece while the roof was wide open. Rob and team showed up and got right to work. Not only that but because I lost power several weeks before due to a storm, I had impact also run a generator plug for me. Let me tell you they did an amazing job. And the box was installed as if it always belonged there. All the wiring is hidden nothing running across the roof or down the side of the house everything is tucked away or in the rafters. I don’t know how they did it but its is Super Clean. After that they were out for 2 more days to finish the panel install. Rob walked me through the next steps, showed me how everything is supposed to work. Tested the panels and was on his way. (I left the panels on, and watching the old meter spin backwards is very nice). Michelle immediately scheduled all the inspections at the earliest possible date so we can finish everything and I just had to wait for the township to show up and issue approvals. Michelle was on site for the inspections to make sure it goes smoothly. We hit a small snag, but a quick photo that day got everything approved. Next day I picked up the certificate of approval so as not to wait for snail mail and Michelle efficient as always immediately got part 2 of all the applications moving with the Utility and the State and a week later, I was approved to operate. 2 days later they swapped me for a smart meter and here we are a month after. Of course, nothing is perfect and we did have an issue. The new Enphase gateway monitoring clamps were defective. Sean who was behind the scenes almost immediately got one of the techs out here to figure it out and fix the problem. They said the new clamps were good but sometimes they fail and the consumption is not reading correctly. They swapped the clamps and now several weeks later the issue is gone and hasn’t been seen since. While this is a bit of an annoyance to both me and Impact the fault is not with the company at all and the fix was very quick once we saw it happen. However, that was just a wrong reading on consumption. The system was still working properly and the Utility was getting the right date, the Enphase app that I see was getting the wrong date. Not the end of the world and it was fixed quickly. Now I am just waiting for the State which I was warned will take several months to get my SREC number so I can sell the SRECs. Impact and the whole team is amazing, they were thorough, honest, professional and answered all my questions no matter how many times I asked. And when you are buying Solar which cost thousands upon thousands you need to ask questions and be satisfied with the answers. You aren’t buying a phone or a toaster you can replace in a year. This is a 25-year investment. And for me it is a great investment. So far, the daily production on a nice sunny day is above what was expected, on a partially cloudy day, it is what I expected from a sunny day. And when it rains, well I get some production but its raining and no sun out. If this keeps up, I believe I will hit my target numbers for the year. Especially since I have an East facing roof and not a South facing roof. The system price does not include the 30% federal tax credit or any of the SREC I expect 35 Q-Cell QTron 425w Panels iQ8m microinverters expected to get 15+ MW/yr.
Read more
Alex Eyzner, over 1 month
I had been kicking around the idea of solar for a while and then I walked by a solar sales guy at my local Costco. Got a quote and it ended there. The price was astronomical. plus, I needed a new roof. 8 months goes by time to do the roof no choice now. walked by a different sales guy in Costco same company, slightly better quote but still may make sense. So, I started doing more research. I called 9 different companies and spoke to 9 sales guys. Only one that didn’t sound like they were selling me was Jeff over at Impact Solar. In fact, Impact was recommended by the roofer. I almost had a done deal with another company who was decent and gave me some good things to think about. Also helped that their price for better equipment was WAY less than that Costco company (we all know the one). But after speaking with Jeff and him going into more detail and answering every stupid question I had and giving me even more info about things I didn’t think about I decided to take the next step. Jeff scheduled a site visit (had 4 others done already). Rob showed up, Rob is the owner and walked me through everything during the site visit. He also did things others didn’t. He measured the sun and shading showed me what it looks like, talked me through what he thought would work best and how to go about it. I was amazed at all the little things no one ever bothered to explain that I wouldn’t think to ask. I called back others to ask questions and started getting the feeling that they were fed up with me not moving forward and asking again to explain certain things. That was a big turn off for me. I spoke some more to Jeff asking the same questions and digging deeper. Jeff was always professional always happy to explain and always got an answer for me on technical stuff if he didn’t know. So finally, I felt like I was making the right choice after multiple equipment choices back and forth. I got the QCell Qtron 425 and the Iq8M inverters which I felt was the best combination for what I wanted to achieve. We worked out the final price and I was happy where I was. (Impact happened to also have the best price) They also had a very good payment process and what I mean is that you make 3 payments. 10% down at contract signing (which by the way is 4 or 5 pages not 50) contract is also written in plain language and Jeff worked with me to make some changes so I would be happy with it. 60% due at install (that’s when the panels are on the roof and tested) and the final 30% is due once you get the approval to operate. This keeps the contractor honest and interested to get you to the finish line so they can get paid. Rob told me he wants the customer to feel like the company has skin in the game and something to lose if they don’t finish. Thats amazing in my opinion and keeps them honest. Once I signed the contract and made my initial down payment it was a matter of just waiting, and waiting, and waiting. Did I mention waiting. But not for Impact they got right to work. I had the pleasure of dealing with Michelle who was just as amazing as Jeff. She walked me through the steps we needed to take. First, they sent me paperwork for my Utility application and paperwork for the NJ Application and paperwork for my permits with the township. I spent time waiting for the paperwork to get processed but not for Impact. Every time something moved forward and they can action another step I was contacted within 1 day so they can keep it moving. They also coordinated with the roofers and most importantly they scheduled the roof and solar install in a way that they can run wiring while the roof was up and open so as to hide as much as possible. Once I got all the Oks and the Permits and the approvals in place things moved fast. Roofers were out within a week and Impact was on site to do their piece while the roof was wide open. Rob and team showed up and got right to work. Not only that but because I lost power several weeks before due to a storm, I had impact also run a generator plug for me. Let me tell you they did an amazing job. And the box was installed as if it always belonged there. All the wiring is hidden nothing running across the roof or down the side of the house everything is tucked away or in the rafters. I don’t know how they did it but its is Super Clean. After that they were out for 2 more days to finish the panel install. Rob walked me through the next steps, showed me how everything is supposed to work. Tested the panels and was on his way. (I left the panels on, and watching the old meter spin backwards is very nice). Michelle immediately scheduled all the inspections at the earliest possible date so we can finish everything and I just had to wait for the township to show up and issue approvals. Michelle was on site for the inspections to make sure it goes smoothly. We hit a small snag, but a quick photo that day got everything approved. Next day I picked up the certificate of approval so as not to wait for snail mail and Michelle efficient as always immediately got part 2 of all the applications moving with the Utility and the State and a week later, I was approved to operate. 2 days later they swapped me for a smart meter and here we are a month after. Of course, nothing is perfect and we did have an issue. The new Enphase gateway monitoring clamps were defective. Sean who was behind the scenes almost immediately got one of the techs out here to figure it out and fix the problem. They said the new clamps were good but sometimes they fail and the consumption is not reading correctly. They swapped the clamps and now several weeks later the issue is gone and hasn’t been seen since. While this is a bit of an annoyance to both me and Impact the fault is not with the company at all and the fix was very quick once we saw it happen. However, that was just a wrong reading on consumption. The system was still working properly and the Utility was getting the right date, the Enphase app that I see was getting the wrong date. Not the end of the world and it was fixed quickly. Now I am just waiting for the State which I was warned will take several months to get my SREC number so I can sell the SRECs. Impact and the whole team is amazing, they were thorough, honest, professional and answered all my questions no matter how many times I asked. And when you are buying Solar which cost thousands upon thousands you need to ask questions and be satisfied with the answers. You aren’t buying a phone or a toaster you can replace in a year. This is a 25-year investment. And for me it is a great investment. So far, the daily production on a nice sunny day is above what was expected, on a partially cloudy day, it is what I expected from a sunny day. And when it rains, well I get some production but its raining and no sun out. If this keeps up, I believe I will hit my target numbers for the year. Especially since I have an East facing roof and not a South facing roof. The system price does not include the 30% federal tax credit or any of the SREC I expect 35 Q-Cell QTron 425w Panels iQ8m microinverters expected to get 15+ MW/yr.
4.61 14 Reviews
Anonymous, over 1 month
The crew at Ace Solar worked to explain everything about solar panels. Installation was delayed by having to get permits from the town but once that was done everything was installed in one day. We have had them for 2 years now and are very happy.
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Anonymous, over 1 month
The crew at Ace Solar worked to explain everything about solar panels. Installation was delayed by having to get permits from the town but once that was done everything was installed in one day. We have had them for 2 years now and are very happy.
Where there is no specific pricing information available for a brand then we have used state pricing data for that brand.
Solar panel manufacturer | Avg. cost per watt |
---|---|
Canadian Solar | $2.54 |
LG Solar | $2.96 |
SunPower | $3.10 |
Panasonic | $3.00 |
LONGi Solar | $2.46 |
The most important difference between buying solar panels and any other purchase is that solar panels last 25-30 years. This is a long, long time and you will need customer service over all that time. The reviews below of the two largest corporate solar installation companies indicate larger corporate solar companies are not delivering this support to their customers.
We recommend you find a small or mid-size, local, family-owned solar company. These companies tend to care more about you and your specific job. You don't want to be on hold to a corporation's call center for the next 25 years!
The cost of solar doesn't just include the equipment and installation costs - it’s also made up of permitting costs, inspection costs, and installer profit margins.
These different components are what make the price of solar fluctuate between installations. Some of the factors that affect solar power system installation costs for specific homes include:
Homes that use more electricity will need more solar panels to cover their energy needs.
Although solar panels do get cheaper on a per-watt basis, the overall cost of the system will increase as more panels are added.
But, the higher a home’s energy usage, the more solar panels can save the homeowners on their energy bills.
The price of solar panels can vary depending on the type of solar panels you choose.
There are two main types of solar panels for residential solar installations: monocrystalline and polycrystalline. Monocrystalline solar panels tend to be more efficient and more expensive than other solar panels. Polycrystalline panels have a lower efficiency rating and come at a lower price point.
The type of inverter you buy will also influence the cost of your solar system.
You may see some solar quotes with prices that seem too good to be true.
If you get quoted for a ridiculously cheap price, the installer might be using low-quality equipment or an unsustainable pricing model. You want to use a solar installer that is charging enough so that they can stay in business - as you’ll be relying on them for the next 25 years!
It’s important to make sure that your installer is giving you the best quality at the best price possible. This is why getting multiple solar quotes is so important.
The overall cost of solar can be influenced by the solar incentives available.
Across the U.S., homeowners can apply for the federal solar tax credit. The solar tax credit makes installing solar more cost-effective by providing homeowners with a tax credit equal to 30% of the cost of their installed solar panel system.
Local solar tax incentives and rebates can end up saving homeowners thousands on a solar installation, especially when they’re used with the federal solar tax credit.
See what solar incentives are available in your area by using our solar panel calculator.
The cost of installing residential solar panels in Oceanport varies with the brand of solar panels and inverters you choose, the installation company you choose to install them, the relative ease or difficulty of installing solar panels on your home, and of course the amount of solar panels you need. The amount of solar panels you need is, in turn, related to your energy usage.
The table below shows the data extracted from a real life quote delivered through the SolarReviews marketplace recently for a fairly typical home in Oceanport.
As you can see the payback period is relatively short and equates to a much better return on investment than he historical returns that have been available from investing in things like shares or property.
System information | Value |
---|---|
System Size (for 100% usage offset) | 9.49 kW |
Annual power generation | 12,366 kWh |
Pay-back time (assuming Cash purchase) | 3.5 Years |
Internal rate of return (IRR) on investment | 22.4% |
Gross cost | $24,722 |
Total Upfront Incentives and Rebates | -$6,427 |
Net Cost of System after rebated and incentives | $18,293 |
Total Cost of Utility Power Avoided over 25 years | $76,285 |