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Best 5 Solar Companies in Newark, NJ

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Written By Max Peterson | Last Updated: February 05, 2024

With Newark's clear skies and little rainfall, it's an excellent area for families and businesses aiming to harness the additional sunlight. With all the options to choose from in this concrete jungle, you might feel overwhelmed searching for a good contractor. Discover Newark's top-rated solar companies and learn important decision-making tips on this page.

Best Solar Panel Leasing
4.4
  • Provides system monitoring
  • Offers diverse financing options for various budgets
  • Provides EV and solar battery solutions
Best Solar Panel Installation
4.4
  • Offers 7 panel brand options
  • 25-year workmanship warranty
  • Offers battery options

Top Newark Solar Companies

Residential Solar Power Systems Glen Ridge Logo

Residential Solar Power Systems Glen Ridge

4.7/5
Based on 44 customer reviews.

Services Offered

Skilled Repairs Residential Panels

Highlights

855 Bloomfield Ave, Glen Ridge, NJ 973-659-4791 residentialsolarpowersystemsglenridge.com
Jersey Solar Power Systems Logo

Jersey Solar Power Systems

4.7/5
Based on 49 customer reviews.

Services Offered

Maintenance Residential Panels

Highlights

35 Journal Square Plaza #8, Jersey City, NJ 201-885-1023 jerseysolarpowersystems.com
Clifton Solar Power Systems experts Logo

Clifton Solar Power Systems experts

4.7/5
Based on 33 customer reviews.

Services Offered

Residential Panels Skilled Repairs

Highlights

440 Allwood Rd, Clifton, NJ 973-412-3047 cliftonsolarpowersystemsexperts.com
Robinhood Solar Group Logo

Robinhood Solar Group

4.7/5
Based on 20 customer reviews.

Services Offered

Full-Service Commercial Panels Residential Panels Consultation Solar Panel Upgrades Permit Assistance

Highlights

  • Informative resources
  • Reliable customer support
  • Clear pricing policy
48 Guenther Pl, Passaic, NJ 862-295-2535 robinhoodsolargroup.com

More Local Solar Companies

Advisor Solar Group

User Reviews: 4.7/5 

20 Commerce Dr #135
Cranford, NJ 07016

Solar Clean Energy Systems

User Reviews: 4.7/5 

95 Joralemon St
Brooklyn, NY 11201

NY Borough Solar Experts

User Reviews: 4.7/5 

428 Neckar Ave
Staten Island, NY 10304

Alerce Solar

User Reviews: 4.6/5 

78 John Miller Way
Kearny, NJ 07032

Nexamp, Inc.

User Reviews: 4.4/5 

154 W 14th St 2nd floor
New York, NY 10011

Brooklyn SolarWorks

User Reviews: 4.5/5 

200 6th St Suite 3G
Brooklyn, NY 11215

Venture Solar

User Reviews: 4.8/5 

42 West St
Brooklyn, NY 11222

Geoscape Solar

User Reviews: 4.6/5 

30A Vreeland Rd Suite #130
Florham Park, NJ 07932

Green Mountain Energy

User Reviews: 4.1/5 

16 Madison Square N #1200
New York, NY 10010

To share feedback or ask a question about this article, send a note to our Reviews Team at reviewsteam@thisoldhousereviews.com.

Ranking Methodology

Our team focuses on the following criteria to determine the best Newark solar companies.

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Facts about Newark
Average Max Temp: 60°F
Solar Payback Period: 14.1 years
Average Daily Sunlight: 53%
Homes Powered by Solar: 6,606
Average Annual Energy Bill: $1,422
Solar Power per Capita Percentile: 48.0%

Expert Tips By

This Old House empowers homeowners with the knowledge and tools they need to tackle various projects and navigate the complexities of homeownership.

Benefits of Solar Energy

Solar energy provides several advantages that will enhance your home for years to come.

  • Lowered energy bills: With solar energy systems, you generate power without paying the tacked-on costs of grid-tied power. Going off-grid can eliminate your bills completely.
  • Better energy independence: Solar panels can keep your home powered through emergencies and blackouts, giving you additional security. You can use your solar energy anytime with an optional battery storage system.
  • Reduced carbon footprint: The sun is the universe's most abundant clean energy source, meaning you can minimize or conquer your home's dependence on non-renewable sources.

What Solar Incentives Are Available to Newark Homeowners?

New Jersey homeowners who decide on solar could qualify for tax credits, reimbursements, special financing and rebates. Here are just a few of the region's incentive offerings.

Incentive Type: Sales Tax Incentive

Incentive Amount:

100% exemption

Incentive Type: Performance-Based Incentive

Website: njcleanenergy.com

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

Website: njcleanenergy.com

Incentive Amount:

Determined by the market.
In June 2016, SREC traded at an average price of $229.90.

Incentive Type: Other Incentive

Website: pseg.com

Incentive Type: Rebate Program

Website: njcleanenergy.com

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

Website: NJCnjcleaneEnergy.com

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: NJCleanEnergy.com

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

Website: NJCleanEnergy.com

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: njcleanenergy.com

Incentive Amount:

$900,000 or 30% of the cost per project, which ever is less

Incentive Type: Personal Tax Credit

Website: ecowatch.com

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 Newark

The purchase price and performance of solar panels often hinge on which company mounted them. Consider each of these criteria in your company search.

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 liaise with your local government and utility on permit matters. Solar companies can also earn accreditations from standards organizations and trade groups. The most respected ones in the industry come from the North American Board of Certified Energy Practitioners. Most company websites will prominently display earned credentials, but you should also ask your estimator for more information.

Cost of Solar Panels in Newark

The kind of solar panels you purchase determines how much electricity you can produce. Monocrystalline panels give you the best performance but cost more upfront. Polycrystalline panels produce less power, but they're worth it if you want a traditional panel style without the high cost. Thin-film panels aren't recommended for large residential installations, but they are ideal for small projects like converting RVs and sheds.

If you need to charge an electric vehicle (EV) or use your solar power in inclement weather, you can pay extra for accessories. By choosing the right components, you can make your system more effective and convenient to use. Not every solar contractor includes these extras, so look for a provider that installs them if it's important for you.

If you're a resident of Newark and are looking into a five-kilowatt solar energy system, you could expect to pay about $17,650 for parts and installation. Find more information on specific component and panel costs in the table.

Solar Panel Cost Average Cost
Solar Monocrystalline $1,176
Solar Polycrystalline $917
Thin-Film $536
Solar Battery $753
Solar Home EV Charger $2,823

Financing Solar Energy in Newark

Solar contractors use multiple different financing options to increase your savings and lower your costs. Though some providers offer unique payment plans, the most common are cash payments, power purchase agreements (PPAs), solar leases and solar 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 runner-up option. As with a car loan or mortgage, you'll pay a monthly rate towards system ownership, including interest. You can still apply for valuable solar incentives, and depending on your lender, you could put as little as $0 down. Solar leases involve paying a set monthly rate to use rooftop panels. A PPA (Power Purchase Agreement) lets you pay a monthly rate based only on the energy you use, similar to an electric bill. We generally don’t recommend these two options because you won't own the system and cannot use solar incentives. We recommend working with a company that offers multiple financing options. Ask each consultant about what's available, and acquire more than one estimate for the best odds of staying within your financial plan.

The table below lists the average payback periods for different capacities of solar systems in Newark.

You can claim a 26% federal tax credit from the IRS for new residential solar systems purchased before 2032. Additionally, local governments and utilities 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

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Frequently Asked Questions About Solar in Newark

How much money could I save by going solar in Newark?

On average, Newark homeowners pay roughly $1,422 per year on electric bills. Once you repay your solar array, you could reduce your costs by $754.50 per kilowatt you produce.

How prevalent is solar energy in Newark?

Yes, solar energy is reaching new heights in Newark. Some homes already generate solar power on-site or through utility grids, and they're fortified by a state solar economy with 6225 workers and counting.

Should I anticipate a property value increase after installing solar panels?

Yes, new solar systems lead to higher property values according to the National Renewable Energy Laboratory (NREL.) Homeowners could project a $20 property value increase for each dollar they save on energy. Therefore, $600 in energy savings could increase your home's value by $12,000.

Could I still use solar power if I live in a rainy, dark, or wooded area?

A solar system could still operate in dark areas. Your technician will orient your panels to absorb the most sunlight possible. They might also recommend a battery backup system to keep your system performing at its best.

How can I assess my site's solar potential?

One common way to calculate your home's solar viability is by using PVWatts. This free, powerful tool considers local weather and topography, tree cover, panel efficiency, and system size to determine how much electricity your array could generate. However, it's not a substitute for consulting with a solar expert, who can build a full estimate with the most updated data.

What is a Newark solar panel's average lifespan?

Modern solar installations are built for longevity. The average unit provides 25 years of reliable power. Lower-cost panels tend to last shorter than higher-quality models.

What are some "red flags" to watch for as I research companies?

Even the most highly-regarded Newark solar installers will have both favorable and negative reviews. To make the most informed decision possible, focus on these signs to know if a company isn't worth your attention:
  • Aggressive sales pitch
  • Being evasive about training and credentials, warranties, references and cost
  • Inflexible options
  • Rushing through the site assessment
  • Limited customer feedback

To share feedback or ask a question about this article, send a note to our Reviews Team at reviewsteam@thisoldhousereviews.com.

Sources