Best 5 Solar Companies in North Bergen, NJ

How To Choose the Best Solar Company in North Bergen

The more comprehensive your company investigation is, the better your photovoltaic system will ultimately function. Consider each of these elements in your service provider 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 senior professionals on the team will also liaise with your local government and utility on permit matters. Solar companies can also pursue accreditations from trade groups and standards organizations. The most prestigious 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 North Bergen

Your photovoltaic panels' type will affect how much energy you can produce. Monocrystalline panels are among the highest quality and cost the most but perform the best. 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 battery storage and electric vehicle (EV) chargers, will increase your overall installation costs. However, they might make your solar system more efficient and convenient to use. Not every solar company includes these additional features, so look for a company that installs them if it's crucial for you.

If you're a resident of North Bergen 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 solar panel costs in the table.

Financing Solar Energy in North Bergen

Solar contractors use multiple different financing options to lower your costs and increase your savings. Though some providers offer unique payment plans, the most common are cash payments, solar leases, power purchase agreements (PPAs) and solar loans. 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 runner-up option. As with a home or auto loan, you'll pay a monthly rate towards system ownership, including interest. You can still apply for cost-saving solar incentives, and depending on your lender, you could put as little as $0 down. Solar leases allow you to pay a monthly fee 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 provider that offers multiple financing options. Ask each consultant 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 North Bergen.

The IRS allows you to claim a 26% federal solar tax credit on the full cost of the solar system, so long as you purchase it before 2032. Local governments and utilities might also offer their own rebates, incentives, and financing programs that could save you more money.