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Best 5 Solar Companies in Mount Laurel, NJ
The best solar company in Mount Laurel is SunPower.
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- Updated 2024-04-18 00:00:00
Mount Laurel homeowners are fortunate to live in abundant sunlight, both to appreciate and use for energy. Many are working with top solar companies to get panels on their roofs. While switching to solar energy comes with upfront costs, local homeowners could ultimately save $770 per kilowatt on their electric bills. A professional installer can help you choose the best panels to maximize your savings. On this page, we'll show you Mount Laurel's most reputable solar companies and offer valuable advice for your solar journey.
5 Best Solar Companies in Mount Laurel
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.
SunPower Builders
Ratings are based on our detailed proprietary methodology and review standards.
Impact Solar LLC
Ratings are based on our detailed proprietary methodology and review standards.
MACK Solar and Roofing
Ratings are based on our detailed proprietary methodology and review standards.
Paradise Solar and Electrical LLC
Ratings are based on our detailed proprietary methodology and review standards.
Ranking Methodology
Our team focuses on the following criteria to determine the best Mount Laurel solar companies.
- Reviews and feedback from customers: Most Mount Laurel solar installers have both positive and critical reviews. However, a good review ratio indicates a company's dependability and responsiveness to issues.
- Professional licensure and experience: Each installer on our list meets state and city licensing requirements and keeps current with industry best practices. Many of them have served the Mount Laurel community for a decade or longer.
- Panel brands and quality: The best solar companies stay up-to-date with new technology, offering equipment from innovative, dependable manufacturers.
- Educational approach and support: Solar technicians must be good teachers. They should utilize their years of experience address your questions on how to maintain your system and maximize its performance.
- Service offerings and warranties: Solar installers should stand behind their products and services with warranties. We evaluated how each installer responds to issues and warranty claims, focusing on promptness and customer satisfaction.
Facts about Mount Laurel
- Average Max Temperature:62°F
- Solar Payback Period:16 years
- Average Daily Sunlight:55%
- Homes Powered by Solar:979
- Average Annual Energy Bill:$1,422
- Solar Power per Capita:96.4%
Benefits of Solar Energy
Solar energy provides multiple benefits. Let's look at a few of them.
- Reduced carbon footprint: Embracing solar is a surefire way to minimize your carbon footprint and home fossil fuel dependency.
- Smaller power bills: Producing some or all of your own power will cut power costs long-term. Plus, some states offer net metering programs that enable you to sell your surplus energy back to the grid, generating extra credits toward your energy bill.
- Better energy independence: Solar panel systems with energy storage systems work through power outages and emergencies, and you won't have to depend on your power company for your safety and comfort.
What Solar Incentives Are Available to Mount Laurel Homeowners?
New Jersey homeowners who upgrade to solar could qualify for tax credits, special financing, reimbursements and rebates. Here are just a few of the local incentive offerings.
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 Mount Laurel
The more comprehensive your provider search is, the better your photovoltaic system will ultimately function. Make your choice based on the following essential elements.
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 senior professionals on the team will also pull permits for the job. You should also visit a company's website to learn about its private accreditations. Two of the most respected are the Solar Heating Installer and PV Installation Professional certificates, awarded by the North American Board of Certified Energy Practitioners (NABCEP). Some companies don't publish this information online, so you should also ask your estimator about them.
Cost of Solar Panels in Mount Laurel
Your solar panels' model will impact how much energy you can generate. Monocrystalline panels are among the highest quality and cost the most but perform the best. Polycrystalline panels offer you a budget panel with a traditional design, but at the cost of less power generation. Thin-film panels have a low cost and are excellent for non-traditional roofs, but aren't recommended for large home installations.
You can also add battery backups and electric vehicle (EV) chargers. These will increase your total installation cost, but they can maximize your solar system's efficiency. Not all solar companies provide these extras, so look for a company that sells them if it's crucial for you.
If you're a resident of Mount Laurel and are considering getting a five-kilowatt solar energy system, you could plan to spend about $17,650 for materials and labor. Find more information on specific component and solar panel costs in the table.
Solar Panel Cost | Average Cost |
---|---|
Solar Monocrystalline | $1,161.07 |
Solar Polycrystalline | $905.64 |
Thin-Film | $529.45 |
Solar Battery | $743.09 |
Solar Home EV Charger | $2,786.57 |
Financing Solar Energy in Mount Laurel
Choosing the best financing option will affect your overall solar system cost and possible savings. Common payment options include power purchase agreements, loans, leases, and cash payments. Most solar experts recommend paying cash 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 a home or auto loan, you'll pay a set monthly rate with 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 variable rate based on only the energy you use. We generally advise against these options since you will not have ownership of your system and are disqualified from solar incentives, but they might be appropriate in particular circumstances. Look for providers that offer several payment plans to find the right fit for your pocket.
The table below lists the average payback periods for different capacities of solar systems in Mount Laurel.
You can claim a 26% federal solar tax credit from the IRS for new residential solar systems purchased before 2032. Additionally, utilities and local governments may have their own rebates and financing plans that could reduce your total cost even more.
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 Mount Laurel
On average, Mount Laurel homeowners shell out approximately $1,422 per year on electric bills. Once you repay your solar array, you could save $774.55 for every kilowatt you produce.
Yes, solar energy is becoming increasingly popular in Mount Laurel. Some homes already benefit from solar power on-site or through utility grids, and they're supported by a state solar economy with 6225 job opportunities and counting.
Yes, a solar PV system will raise 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.
Solar panels could still work in bad weather. Your installer will position your panels to capture the most sunlight possible. They might also recommend a backup battery 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 contractor. However, you can use the PVWatts tool for a simple solar viability estimate based on public data, including system size, panel efficiency, local weather and topography, and tree cover.
Solar panels don't demand much upkeep to keep working for your home. All you'll need to do is clean and inspect the panels every six months or as necessary in dusty seasons. Solar providers frequently offer maintenance packages to help you in your system's care.
A power purchase agreement (PPA) is an agreement between you and your provider. They install, own, and maintain the panels, and you purchase the generated electricity from them for 10–25 years. There will usually be options to buy out early to own your system and extend the agreement.
In contrast, solar loans can come from installer, local banks, specialty lenders and the government. You'll need to pass a credit check to qualify for most of them. While the upfront costs are more expensive, and you'll be responsible for taking care of the system, you'll also have total ownership and can apply for many more incentives.
Yes, we suggest asking for free solar quotes from three to five companies. You should examine each quote and compare labor fees, financing options, equipment costs, prework scope and costs and warranty details. Ensure each quote offers an itemized financial plan and includes your expected payback period.
Sources
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