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Best 5 Solar Companies in Newark, CA
The best solar company in Newark is SunPower.
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- Updated 2024-04-18 00:00:00
Newark homeowners are increasingly using solar panels to power their homes and heat their water. While going solar comes with upfront costs, local homeowners could ultimately save $1,700 per kilowatt on their electric bills. A professional installer can help you choose the best panels to maximize your savings. In this article, we'll showcase Newark's best solar companies and offer suggestions for your company choice, so you can find the perfect one for your household.
5 Best Solar Companies in Newark
Brands are algorithmically curated from a database of local service providers near you. We require a minimum number of Google reviews and average ratings for provider inclusion.
SunPower
Ratings are based on our detailed proprietary methodology and review standards.
Semper Solaris
Ratings are based on our detailed proprietary methodology and review standards.
Simply Solar
Ratings are based on our detailed proprietary methodology and review standards.
Solar Bill Review
Ratings are based on our detailed proprietary methodology and review standards.
TN Electrical and Solar Services
Ratings are based on our detailed proprietary methodology and review standards.
Ranking Methodology
We analyzed a multitude of Newark solar providers, using the following criteria to select the superior:
- Feedback and reviews from customers: Most Newark solar providers have both positive and critical reviews. However, a good review ratio shows a company's trustworthiness and responsiveness to issues.
- Educational approach and support: Solar technicians must be knowledgeable. They should use their years of experience address your questions on how to maintain your system and improve its performance.
- Service offerings and warranties: Solar installers should stand behind their equipment and services with warranties. We evaluated how each provider responds to issues and warranty claims, focusing on promptness and customer satisfaction.
- Professional licenses and credentials: Each contractor on our list meets state and city licensing requirements and stays up to date with industry best practices. Many of them have been a part of the Newark community for a decade or longer.
- Panel quality and brand offerings: The top solar companies keep up with new technology, providing equipment from cutting-edge and trustworthy manufacturers.
Facts about Newark
- Average Max Temperature:70°F
- Solar Payback Period:7 years
- Average Daily Sunlight:68%
- Homes Powered by Solar:9,176
- Average Annual Energy Bill:$1,538
- Solar Power per Capita:93.1%
Benefits of Solar Energy
Solar energy has multiple advantages that will enhance your home for years to come.
- Better energy independence: Solar panel systems can keep your home running through emergencies and blackouts. You can use your solar energy anytime with optional battery storage.
- Lowered energy bills: With a solar array, you generate power without paying the tacked-on costs of grid-tied power. You can eliminate your bills completely if you go off-grid. Plus, a significant number of states have adopted net metering, which permit you to earn money by selling your unused energy back to the grid.
- Reduced carbon footprint: Using clean solar power means you're less dependent on fossil fuels, which emit harmful greenhouse gasses.
What Solar Incentives Are Available to Newark Homeowners?
California agencies and electric companies offer a range of solar incentives to help minimize your solar system costs. Below is a breakdown of available solar programs where you live.
Incentive Type:Property Tax Incentive
Website:http://www.boe.ca.gov/proptaxes/active-solar-energy-system.htm#Description
Incentive Amount:
100% of system value; 75% of system value exemption for dual-use equipment
Incentive Type:PACE Financing
Website:https://wrcog.us/DocumentCenter/View/4469/CPP-V2-2018-FINAL
Incentive Amount:
Eligible products can be financed for up to 25 years, depending on the useful life of the eligible product.
Minimum financing: $5,000
The financing may not exceed fifteen percent (15%) of the market value of the property, up to the first seven hundred thousand dollars ($700,000) of the property’s market value, and ten percent (10%) of the remaining value of the Property above seven hundred thousand dollars ($700,000) minus any PACE assessment on the propertyThe total amount of any annual property taxes and assessments shall not exceed five percent (5%) of the property's fair market value, determined at the time program financing is approved.
Incentive Type:PACE Financing
Incentive Amount:
Locally determined
Incentive Type:Rebate Program
Website:https://www.selfgenca.com/
Incentive Amount:
For projects 30 kW or larger, 50% of incentive will be received up-front; 50% will be received based on actual kWh production over the first 5 years. For projects under 30kW, 100% of the incentive will be paid up front.
Incentives will step down over time. See below for incentive amounts.
Incentive Type:Feed-in Tariff
Incentive Type:Feed-in Tariff
Website:https://www.ladwp.com/fit
Incentive Amount:
$0.17/kWh adjusted by a time of delivery multiplier
Base price will step down over time as certain MW goals are met
Incentive Type:Rebate Program
Website:http://www.gosolarcalifornia.ca.gov/solarwater/index.php
Incentive Amount:
Step 1 Incentive Rates (contact utility to determine current incentive levels):
Single Family Residential Incentives:
Systems that displace natural gas: $29.85 per estimated therm displaced
Systems that displace electricity or propane: Funding has been exhausted
Commercial/Multifamily Incentives:
Systems that displace natural gas: $20.19 per estimated therm displaced
Systems that displace electricity or propane: $0.42 per estimated kWh displaced *** Note, funding has been exhausted in this category for SCE and PG&E
Solar Pool heating: $5.00 per estimated therm displaced
Incentive Type:Personal Tax Credit
Website:https://www.ecowatch.com/solar/ev-appliance-solar-tax-credit-calculator
Incentive Amount:
30% federal tax credit for systems placed in service after 12/31/2021 and before 01/01/2033. Good for: solar water heat, solar photovoltaics, biomass, geothermal heat pumps, wind (small), fuel cells using renewable fuels.
How To Choose the Best Solar Company in Newark
Choosing a company is the first step toward an effective and valuable solar energy system. Consider each of these elements in your company search.
Licensing and Training
California requires solar companies to hold licenses for each type of equipment they install, which can include solar water heaters, boilers, photovoltaic (PV) systems, pool heaters, and HVAC. Contractors must take a highly comprehensive educational series, gain four years of field experience, and pass written exams to earn licensure. Check a company's website for private accreditations from the North American Board of Certified Energy Practitioners (NABCEP), one of the solar industry's most reputed trade groups. Its program includes certifications for both solar photovoltaic and water heating installers.
Cost of Solar Panels in Newark
Your photovoltaic panels' model will affect how much energy you can generate. Monocrystalline panels are among the highest quality and cost the most but perform the best. Polycrystalline panels generate less, but they're a great traditional option for low budgets. Thin-film panels are excellent for non-traditional roof shapes and cost the least, but don't work well for large residential installations.
Additional system add-ons, such as battery storage and electric vehicle (EV) chargers, will increase your overall installation costs. However, they might make your solar system more efficient and convenient to use. Not every solar contractor provides these additional features, so look for a contractor that installs them if it's a priority for you.
You can expect to pay about $17,350 on average for a five-kilowatt solar energy system in Newark. Use the table in this section to get an idea of the amount Newark solar companies might quote for your specific solar system's price.
Solar Panel Cost | Average Cost |
---|---|
Solar Monocrystalline | $1,417.14 |
Solar Polycrystalline | $1,105.37 |
Thin-Film | $646.22 |
Solar Battery | $906.97 |
Solar Home EV Charger | $3,401.14 |
Financing Solar Energy in Newark
Choosing the best financing plan will impact your overall solar system cost and expected savings. Common payment options include leases, loans, cash payments, and power purchase agreements. Most solar experts recommend paying cash or using a solar loan. Cash payments demand a large up-front sum, but they save you from paying interest, grant you system ownership, and qualify you for cost-saving solar incentives. Solar loans have the same benefits, though you'll pay more in total due to interest and fees. Similar to a home or car loan, you'll pay a set monthly rate with potentially $0 down. Solar leases involve paying a set monthly rate to use rooftop panels. A PPA (Power Purchase Agreement) lets you pay a monthly rate based only on the energy you use, as with an electric bill. We usually don’t recommend these two options because you won't own the solar system and cannot use solar incentives. Look for companies that offer multiple payment plans to find the right fit for your wallet.
The table below lists the average payback periods for different capacities of solar systems in Newark.
The IRS allows you to claim a 26% federal tax credit for solar panels on total system costs, so long as you purchase it before 2032. Local governments and utilities might also offer their own financing programs, incentives, and rebates that could save you more money.
Solar System Capacity | Estimated Payback period |
---|---|
1 kW | 1.4 years |
2 kW | 2.7 years |
5 kW | 6.8 years |
10 kW | 13.7 years |
Frequently Asked Questions about Solar in Newark
On average, Newark homeowners pay around $1,538 per year on energy bills. Once you pay off your solar array, you could reduce your costs by $1,749.02 per kilowatt you produce.
Yes, solar energy is gaining popularity in Newark. Some homes already generate solar power on-site or through utility grids, and they're backed by a state solar economy with 74255 job opportunities and counting.
Yes, new solar systems mean higher property values according to the National Renewable Energy Laboratory (NREL.) Homeowners could project a $20 property value increase for each dollar they save on energy. Therefore, $600 in energy savings could boost your property value by $12,000.
Your solar job's duration will depend on its size and complexity, as well as Newark's permit and inspection procedures. It could take two weeks to two months on average.
Solar panels don't need much upkeep to keep working well. All you'll need to do is inspect and clean the panels every six months or as necessary in dusty seasons. Solar installers frequently offer maintenance packages to assist in your system's care.
A typical Newark solar home has a 3.0-kW panel array, but you might need a bigger system if your energy needs are higher. Solar experts will consider your property's energy consumption and roof shading to determine the proper system for you.
The main differences between a PPA and traditional financing are that you pay a fluctuating monthly rate based on your energy usage and don't own your system. Your service provider installs and maintains the panels, and you pay for the generated electricity for 10–25 years. Afterward, you can continue the contract or purchase the system outright.
You might consider a PPA if you don’t want to be responsible for maintaining your panels and don’t want to invest in a system, but keep in mind you won’t be paying toward ownership or be able to access any cost-saving solar incentives. Many solar experts don’t recommend PPAs. Our guide covers other payment options above.
Sources
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