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Best 5 Solar Companies in Hillsborough, NJ
The best solar company in Hillsborough is SunPower.
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- Updated 2024-04-18 00:00:00
With Hillsborough's clear skies and little rainfall, it's an excellent area for homeowners and businesses looking to harness the additional sunlight by purchasing panels from one of the best solar installers. Local homeowners might consider solar to break free of high power costs from sources like natural gas. An experienced solar contractor can help you install and optimize a system that fits your energy needs without breaking the bank. Discover Hillsborough's best solar companies and learn vital decision-making tips on this page.
5 Best Solar Companies in Hillsborough
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.
Green Power Energy
Ratings are based on our detailed proprietary methodology and review standards.
Ranking Methodology
Our team has researched dozens of solar installers near Hillsborough, with emphasis on the following criteria:
- Customer reviews and feedback: Most Hillsborough solar companies have both favorable and unfavorable reviews. However, a good review ratio shows a company's trustworthiness and responsiveness to issues.
- Warranty and service offerings: Solar providers 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 happiness.
- Panel brands and quality: The premier solar companies stay up-to-date with new technology, providing equipment from innovative, dependable manufacturers.
- Certifications and licenses: Each company on our list meets state and city licensing requirements and stays up to date with industry best practices. Many of them have served the Hillsborough community for more than a decade.
- Educational approach: Solar technicians must be good teachers. They should use their years of experience answer your questions on how to maintain your system and improve its performance.
Facts about Hillsborough
- Average Max Temperature:60°F
- Solar Payback Period:17 years
- Average Daily Sunlight:53%
- Homes Powered by Solar:938
- Average Annual Energy Bill:$1,180
- Solar Power per Capita:90.4%
Benefits of Solar Energy
Solar energy comes with multiple advantages. Here are some highlights.
- Lowered energy bills: With solar panels, 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.
- Better energy independence: Adding a battery storage system lets you have reliable energy during grid outages and storms.
- Reduced carbon footprint: The sun is one of the universe's most abundant clean energy sources, meaning you can reduce or eliminate your home's dependence on fossil fuels.
What Solar Incentives Are Available to Hillsborough Homeowners?
The state of New Jersey offers a variety of solar incentives to help offset your solar system costs. Check out a breakdown of eligible 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: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 Hillsborough
Choosing a company is the first step toward a well-oiled and valuable solar energy system. 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 experienced professionals on the team will also handle permit work for the job. Solar providers can also pursue certifications from standards organizations and trade groups. The most prestigious ones in the industry come from the NABCEP. Most company websites will prominently display earned credentials, but you should also ask your estimator for more information.
Cost of Solar Panels in Hillsborough
Your photovoltaic panels' type will affect how much power you can produce. Monocrystalline panels are among the highest quality and perform the best but cost the most. 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 components, such as electric vehicle (EV) chargers and battery storage, will increase your overall installation costs. However, they might make your solar system more efficient and convenient to use. Not every solar company offers these extras, so look for a company that installs them if it's crucial for you.
Generally speaking, it costs about $17,650 for a five-kilowatt solar array in Hillsborough. This table shows more specific prices for different solar panel types and system components in your area.
Solar Panel Cost | Average Cost |
---|---|
Solar Monocrystalline | $1,258.21 |
Solar Polycrystalline | $981.41 |
Thin-Film | $573.75 |
Solar Battery | $805.26 |
Solar Home EV Charger | $3,019.71 |
Financing Solar Energy in Hillsborough
There are many ways to pay for a new solar system, and the right one will help you decrease overhead. A few of the most common options include power purchase agreements (PPAs), leases, cash payments, and loans. Though it involves a large up-front payment, cash is the most affordable choice because it qualifies you for solar incentives and doesn't accrue interest. Solar loans are the second most effective option. As with a car or home loan, 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 power purchase agreement lets you pay a fluctuating rate based on only the energy you use. We generally don't recommend these options since you will not have ownership of your system and are disqualified from solar incentives, but they might be suitable in particular circumstances. We suggest working with a contractor that offers multiple financing options. Talk to each representative 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 Hillsborough.
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. Municipal authorities 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 | 2.8 years |
2 kW | 5.6 years |
5 kW | 14.1 years |
10 kW | 28.2 years |
Frequently Asked Questions about Solar in Hillsborough
Most Hillsborough homeowners spend about $1,180 on energy each year. Your costs could drop by $725.75 for each kilowatt you generate after you pay off a solar array.
Yes, solar energy is gaining popularity in Hillsborough. Some homes already generate solar power on-site or through utility grids, and they're backed by a state solar economy with 6225 jobs and counting.
Yes, a solar PV system 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.
There's no universal answer for how long a solar project might take. Ultimately, it depends on panel style, the permitting and inspection process, system size, local weather, and the necessary prework. Most homeowners can be solar-ready within two months from their initial estimate visit.
A typical Hillsborough solar home utilizes a 4.7-kW panel array, but you might need a smaller system if your energy needs are higher. Solar installers will consider your property's energy consumption and roof shading to determine the right system for you.
Most Hillsborough homeowners pay back a solar loan in 17.0 years. You can shorten the payback period by paying off extra loan principal each month.
After you sign a power purchase agreement, your solar contractor will not charge to set up and take care of your new panel array. Instead, you'll pay them only for the electricity you generate. Typically, PPAs last for 10–25 years or until you "buy out" of the contract.
If you choose a lease, you'll make fixed payments each month.
With both leases and PPAs, you don't own your panels and lose eligibility for most incentives. Further, you'll have to "buy out" or transfer the contract if you sell your home during the term.
Sources
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