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Best 5 Solar Companies in Freehold, NJ
The best solar company in Freehold is SunPower.
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- Updated 2024-04-18 00:00:00
With Freehold's clear skies and little rainfall, it's a perfect area for homeowners and businesses hoping to harness the additional sunlight by buying panels from one of the best solar installers. Local homeowners might choose solar to break free of high power costs from sources like natural gas. A professional solar contractor can help you install and adjust a system that matches your energy needs without being too expensive. Discover Freehold's top-rated solar companies and learn crucial decision-making strategies on this page.
5 Best Solar Companies in Freehold
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.
Kamtech Solar Solutions
Ratings are based on our detailed proprietary methodology and review standards.
SunPower Builders
Ratings are based on our detailed proprietary methodology and review standards.
Sunrun Solar
Ratings are based on our detailed proprietary methodology and review standards.
Ray Energy Solar
Ratings are based on our detailed proprietary methodology and review standards.
Ranking Methodology
Our team has researched dozens of solar companies near Freehold, focusing on the following criteria:
- Professional licenses and credentials: Each installer on our list complies with state and city licensing requirements and keeps current with industry best practices. Many of them have served the Freehold community for over 15 years.
- Warranty and service offerings: Solar providers should stand behind their equipment and services with warranties. We evaluated how each contractor responds to issues and warranty claims, focusing on timeliness and customer happiness.
- Educational programs and business model: Solar technicians must be excellent teachers. They should utilize their years of experience address your questions on how to look after your system and improve its performance.
- Panel quality and brand offerings: The premier solar companies remain current on new technology, providing equipment from innovative, dependable manufacturers.
- Feedback and reviews from customers: Most Freehold solar providers have both positive and critical reviews. However, a good review ratio indicates a company's dependability and responsiveness to issues.
Facts about Freehold
- Average Max Temperature:60°F
- Solar Payback Period:17 years
- Average Daily Sunlight:56%
- Homes Powered by Solar:811
- Average Annual Energy Bill:$1,059
- Solar Power per Capita:95.3%
Benefits of Solar Energy
Solar energy has numerous advantages that will enhance your home for years to come.
- Lowered energy bills: Solar panels let you generate your own energy to power your home, lowering your regular electricity costs. Going off-grid can eliminate your bills completely. Plus, a significant amount of states offer net metering, which permit you to earn money by selling your unused energy back to the grid.
- Better energy independence: Solar energy can keep your home functioning through emergencies and blackouts, giving you additional security. You can use your solar energy anytime with optional battery storage.
- Reduced carbon footprint: Utilizing solar is a surefire way to reduce your carbon footprint and home fossil fuel dependency.
What Solar Incentives Are Available to Freehold Homeowners?
The state of New Jersey offers multiple solar incentives to help cut your solar system costs. Here is a breakdown of available solar programs where you live.
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: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 Freehold
The more comprehensive your company investigation is, the better your solar panels will ultimately perform. 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 most senior professionals on the team will also handle permit work for the job. Check for private accreditations from the North American Board of Certified Energy Practitioners (NABCEP), one of the solar sector's most credible trade groups. Its program includes certifications for both solar photovoltaic and water heating installers.
Cost of Solar Panels in Freehold
Different solar panel types look and perform differently. Monocrystalline panels offer the best energy production but cost more than other options and generally have the highest quality. Polycrystalline panels produce less power, but start at a more budget-friendly price point. Thin-film panels work well for small projects like RVs and sheds, but they're not ideal for larger installations due to their low performance.
If you'd like to charge an electric car or use your solar power in dark weather, you can pay extra for accessories. By choosing the right components, you can make your panel array more productive and user-friendly. Not all solar providers provide these add-ons, so look for a contractor that sells them if it's essential for you.
Most Freehold homeowners choose solar systems rated for five kilowatts (kW) of electrical capacity. These systems cost about $17,650 to set up, considering both materials and labor. You can find more specific solar cost information in the table.
Solar Panel Cost | Average Cost |
---|---|
Solar Monocrystalline | $1,236.79 |
Solar Polycrystalline | $964.69 |
Thin-Film | $563.97 |
Solar Battery | $791.54 |
Solar Home EV Charger | $2,968.29 |
Financing Solar Energy in Freehold
Choosing the ideal financing plan will impact your overall solar system cost and possible savings. Common payment options include leases, power purchase agreements, cash payments, and loans. Most solar experts recommend a cash payment or using a solar loan. Cash payments require 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. Much like a home or car loan, you'll pay a set monthly rate with potentially $0 down. Solar leases let you rent your panels for a fixed monthly rate, while PPAs let you pay only for the energy you use, akin 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. Look for installers that offer two or more 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 Freehold.
The IRS allows you to claim a 26% federal tax credit for solar panels on your new solar panels, so long as you purchase it before 2032. City and state governments and utilities might also offer their own incentives, rebates, 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 Freehold
Most Freehold homeowners spend about $1,059 on energy each year. Your costs could drop by $716.04 for each kilowatt you generate after you pay off a solar array.
Yes, solar energy is gaining popularity in Freehold. Some homes already generate solar power on-site or through utility grids, and they're backed by a state solar economy with 6225 job opportunities and counting.
Yes, solar energy systems will increase your property value. According to the National Renewable Energy Laboratory, for every dollar you save on energy bills, your home value increases by $20. So, if your panels save you $600 per year on energy costs, your property could appreciate $12,000.
A solar system could still work well in bad weather. Your technician will orient your panels to absorb the most sunlight possible. They might also recommend a battery backup system to keep your system working at its best.
To determine your home's solar readiness, nothing substitutes for a comprehensive quote from a local solar provider. However, you can use the PVWatts tool for a simple solar viability estimate based on public data, including system size, tree cover, local weather and topography, and panel efficiency.
The average Freehold solar system size is 4.5 kilowatts (kW). However, your final system size depends on your home's power consumption. Your surrounding shading, panel model, and roof size could also impact your final result. A professional solar contractor will consider these factors and determine the right array size for your home.
Yes, we recommend asking for free solar quotes from three to five companies. You should review each quote and compare equipment costs, labor fees, warranty details, financing options and prework scope and costs. Ensure each quote presents an itemized financial plan and includes your projected payback period.
Sources
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