Best 5 Solar Companies in Hamilton, NJ

How To Choose the Best Solar Company in Hamilton

The more comprehensive your provider search is, the better your solar system will ultimately work. Consider all of these elements in your company search.

Licensing and Training

Licensing requirements mean that your New Jersey solar installation team may have a variety of different professionals, including a master plumber for piping work and an electrician for wiring work. The most experienced professionals on the team will also pull permits for the job. Look for private accreditations from the North American Board of Certified Energy Practitioners (NABCEP), among the solar sector's most reputed trade groups. Its program includes certifications for both solar photovoltaic and water heating installers.

Cost of Solar Panels in Hamilton

The kind of solar panels you select dictates how much energy you can generate. Monocrystalline panels and high-quality and give you the best performance but cost more upfront. Polycrystalline panels work with a tried-and-true mechanism and cost less, but produce less power. Thin-film panels aren't recommended for large residential installations, but they are ideal for small projects like converting RVs and sheds.

Additional components, such as battery storage and electric vehicle (EV) chargers, will add to your overall installation costs. However, they might make your solar system more efficient and convenient to use. Not all solar providers include these optional components, so look for a provider that sells them if it's crucial for you.

Most Hamilton homeowners opt for solar systems rated for five kilowatts (kW) of electrical capacity. These systems run about $17,650 to install, considering both parts and installation. You can find more specific solar cost information in the table.

Financing Solar Energy in Hamilton

Solar companies use multiple different financing options to increase your savings and lower your costs. Though some providers offer unique payment plans, the most common are solar leases, cash payments, solar loans and power purchase agreements (PPAs). Though it requires a large up-front payment, cash is the most cost-effective choice because it doesn't accrue interest and qualifies you for incentives. Solar loans are the second most effective option. As with a car loan or mortgage, you'll pay a monthly rate towards system ownership, including interest. You can still apply for money-saving solar incentives, and depending on your lender, you could put as little as $0 down. Solar leases allow you to pay a monthly rate to rent your panels, while a PPA lets you pay a variable rate based on only the energy you use. We generally don't recommend these options since you won't own your system and are disqualified from solar incentives, but they might be suitable in specific circumstances. We recommend working with a company that offers multiple financing options. Ask each salesperson about what's available, and secure 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 Hamilton.

You are eligible for a 26% federal solar tax credit for new solar energy devices until the year 2032. Local and state governments and utility companies might also offer rebates, discounts, and unique financing solutions that could save you more.