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Best 5 Solar Companies in Bloomfield, NJ
The best solar company in Bloomfield is Kamtech Solar Solutions.
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- Updated 2024-04-18 00:00:00
Bloomfield homeowners are increasingly using solar panels to produce their electricity and heat their water. While going solar comes with upfront costs, local homeowners could ultimately save $750 per kilowatt on their electric bills. A professional installation team can help you select the best panels to maximize your savings. On this page, we'll showcase Bloomfield's best solar providers and offer insightful advice for your solar journey.
5 Best Solar Companies in Bloomfield
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.
Kamtech Solar Solutions
Ratings are based on our detailed proprietary methodology and review standards.
SunPower
Ratings are based on our detailed proprietary methodology and review standards.
SunPower by New York State Solar Farm
Ratings are based on our detailed proprietary methodology and review standards.
Sunrun Solar
Ratings are based on our detailed proprietary methodology and review standards.
Robinhood Solar Group
Ratings are based on our detailed proprietary methodology and review standards.
Ranking Methodology
We reviewed dozens of Bloomfield solar providers, using the following criteria to determine the top-notch:
- Customer feedback and reviews: Most Bloomfield solar providers have both positive and critical reviews. However, a good review ratio shows a company's reliability and responsiveness to issues.
- Professional licensure and experience: Each provider 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 Bloomfield community for a decade or longer.
- Warranty and service offerings: Solar installers should stand behind their products and services with warranties. We evaluated how each company responds to issues and warranty claims, focusing on timeliness and customer satisfaction.
- Panel quality and brand offerings: The top solar companies keep up with new technology, offering equipment from cutting-edge and trustworthy manufacturers.
- Educational programs and business model: Solar technicians must be excellent teachers. They should tap into their years of experience address your questions on how to maintain your system and improve its performance.
Facts about Bloomfield
- Average Max Temperature:60°F
- Solar Payback Period:16 years
- Average Daily Sunlight:53%
- Homes Powered by Solar:1,165
- Average Annual Energy Bill:$1,422
- Solar Power per Capita:78.9%
Benefits of Solar Energy
Solar energy offers multiple benefits. Let's look at a few of them.
- Reduced carbon footprint: Using clean solar power reduces your dependence on fossil fuels, which release greenhouse gases that damage the environment.
- Better energy independence: Adding a battery storage system lets you have reliable energy during grid outages and storms.
- Lowered energy bills: You can avoid the added cost of grid-tied power by creating some electricity right where you use it. Plus, many states offer net metering which can allow you to sell your unused energy back to help pay for your energy bill.
What Solar Incentives Are Available to Bloomfield Homeowners?
Governments and power companies often reward homeowners for going solar. Here are some of the tax credits, rebates, or other programs you could qualify for.
Incentive Type:Sales Tax Incentive
Incentive Amount:
100% exemption
Incentive Type:Performance-Based Incentive
Website:https://www.njcleanenergy.com/renewable-energy/programs/susi-program
Incentive Amount:
Net-Metered Residential: $90/SREC-II
Small Net-Metered Non-Residential located on Rooftop, Carport, Canopy and Floating Solar
Projects smaller than 1 MW (dc): $100/SREC-II, $120 for public entities
Projects 1 MW to 5 MW (dc): $90/SREC-II, $110 for public entities
Net Metered Non-Residential Ground Mount
Projects smaller than 1 MW (dc): $85/SREC-II, $105 for public entities
Projects 1 MW to 5 MW (dc): $80/SREC-II, $100 for public entities
Community Solar LMI: $90/SREC-II
Community Solar Non-LMI: $70/SREC-II
Incentive Type:Property Tax Incentive
Incentive Amount:
100% of value added by renewable system
Incentive Type:Solar Renewable Energy Credit Program
Incentive Amount:
Determined by the market.
In June 2016, SREC traded at an average price of $229.90.
Incentive Type:Other Incentive
Incentive Type:Rebate Program
Website:http://www.njcleanenergy.com/residential/programs/nj-energy-star-homes/nj-energy-star-homes
Incentive Amount:
Incentives depend on the HERS score and the classification
Single family homes: Ranges from $1,125 to - 24,250
Multi-single homes: Ranges from $1,125 to $18,188
Multifamily homes: Ranges from $625-$12,125
Incentive Type:Rebate Program
Incentive Amount:
Rebates
Single family : $2,000 to $4,000
Multi-family : $500-$1,500 per unit
Rebates for single family and multi-family should not exceed 50% of the cost of the measures used to calculate total estimated savings (TES)
See table below for details
Loans
Single-family: $5,000 (Tier II) or $10,000 (Tier III)4.99% interest loans up to $15,000 (where utility 0% financing is unavailable)
Incentive Type:Rebate Program
Website:http://NJCleanEnergy.com/Cool
Incentive Amount:
Central AC: Tier 1 $300(Tier 1), $500 (Tier 2)
Ductless Mini Split A/C or Heat Pump: $500
Air Source Heat Pump: $300 (Tier 1), $500(Tier 2)
Geothermal Heat Pump: $500
Incentive Type:Rebate Program
Incentive Amount:
Residential Electric Customers (including municipal utility customers):
Solar Hot Water Heater: $1,200
Heat Pump Water Heater: $500
Geothermal Heat Pump: $500
Air-Source or Ductless Mini-Split Heat Pump: $300- $500
Residential Gas Customers (including propane):
Gas Furnace: $250- $500
Gas Boiler: $300
Gas Water Heater: $300
Solar Hot Water Heater: $1,200
Oil Heating Customers:
Oil Furnace: $250
Oil Boiler: $300
Combination Rebate
Boiler and Water Heater Combination Rebate: $700
Furnace and Water Heater Combination Rebate: $700- $950
Incentive Type:Rebate Program
Website:http://www.njcleanenergy.com/renewable-energy/programs/renewable-energy-incentive-program
Incentive Amount:
$900,000 or 30% of the cost per project, which ever is less
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 Bloomfield
Choosing a company is the first step toward an effective and cost-efficient solar array. Make your choice based on the following vital factors.
Licensing and Training
Licensing requirements mean that your New Jersey solar installation team will likely have a variety of different professionals, including an electrician for wiring work and a master plumber for piping work. The master-level professionals on the team will also handle permit work for the job. Check a company's website for private accreditations from the North American Board of Certified Energy Practitioners (NABCEP), among the solar industry's most trusted trade groups. Its program includes certifications for both solar photovoltaic and water heating installers.
Cost of Solar Panels in Bloomfield
Your solar panels' type will influence how much power 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 have a low cost and are excellent for non-traditional roofs, but aren't recommended for large home installations.
Additional accessories, such as electric vehicle (EV) chargers and battery storage, will raise your overall installation costs. However, they might make your solar system more efficient and convenient to use. Not every solar contractor provides these add-ons, so look for a company that sells them if it's essential for you.
Generally speaking, it will cost about $17,650 for a five-kilowatt solar array in Bloomfield. This table lists more specific costs for different solar panel types and system components in your area.
Solar Panel Cost | Average Cost |
---|---|
Solar Monocrystalline | $1,176.07 |
Solar Polycrystalline | $917.34 |
Thin-Film | $536.29 |
Solar Battery | $752.69 |
Solar Home EV Charger | $2,822.57 |
Financing Solar Energy in Bloomfield
There are numerous ways to pay for new solar panels, and the right one will help you decrease overhead. A few of the most common options include loans, power purchase agreements (PPAs), leases, and cash payments. Most solar experts recommend a cash payment or using a solar loan. Cash payments demand a large up-front sum, but they help you avoid 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 an auto or home loan, you'll pay a set monthly rate with as little as $0 down. Solar leases allow you to use your panels for a set monthly rate, while PPAs let you pay just for the energy you use, similar to an electric bill. Both options disqualify you for solar incentives and don't grant you system ownership. Solar experts generally don't recommend them, but they might be suitable in some cases. We advise working with an installer that offers multiple financing options. Speak with each salesperson about what's available, and obtain more than one estimate for the best odds of keeping within your budget.
The table below lists the average payback periods for different capacities of solar systems in Bloomfield.
The IRS allows you to claim a 26% federal tax credit for solar panels on the full cost of the solar system, so long as you purchase it before 2032. Local governments and utilities might also offer their own rebates, incentives, and financing programs that could save you more money.
Solar System Capacity | Estimated Payback period |
---|---|
1 kW | 2.8 years |
2 kW | 5.6 years |
5 kW | 14.1 years |
10 kW | 28.2 years |
Frequently Asked Questions about Solar in Bloomfield
On average, Bloomfield homeowners pay approximately $1,422 per year on electric bills. Once you pay off your solar array, you could save $754.50 per kilowatt you produce.
Yes, solar energy is readily available in Bloomfield. A growing number of area homes are already using solar power on-site or through utility grids, and New Jersey has about 6225 jobs comprising its solar economy.
Yes, a solar PV system will increase your property value. According to the National Renewable Energy Laboratory (NREL), for every dollar you reduce on energy bills, your home value rises by $20. So, if your panels save you $600 per year on energy costs, your property could appreciate $12,000.
Your solar job's duration will depend on its complexity and size, as well as Bloomfield's permit and inspection procedures. It could take a couple of weeks to two months on average.
To protect your solar system's performance, inspections and cleanings every six months are usually enough. In dry or dusty seasons, your panels might need cleanings every few months. Your technician can recommend a maintenance schedule. Its team could also tackle the cleaning for you.
The average payback period for a solar loan in Bloomfield is 16.4 years. By paying off extra principal each month, you can shorten the payback period and own your system faster.
Choosing a leasing option means your solar installer will handle panel maintenance while you make fixed monthly payments. PPAs differ slightly because you only pay for the electricity you produce.
You don't own the panels with either option, though you can choose to "buy out" of the contract for a fee.
Sources
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