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Best 5 Solar Companies in Teaneck, NJ

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

With Teaneck's clear skies and below-average rainfall, it's an excellent area for families and businesses aiming to harness the additional sunlight. While switching to solar energy comes with upfront costs, local homeowners could ultimately save $760 per kilowatt on their electric bills. A professional company can help you choose the best panels to maximize your savings. In this article, we'll show you Teaneck's best solar installers and offer tips for your company choice, so you can find the perfect one for your household.

Best High-Efficiency System
4.8
  • Builds custom, high-efficiency solar systems suited to each home
  • Extensive coverage area throughout the country
  • Offers energy storage and EV charger add-ons
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 Teaneck Solar Companies

SunPower by New York State Solar Farm Logo

SunPower by New York State Solar Farm

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4.6/5
Based on 200 customer reviews.

Services Offered

Battery Storage Grid-Tied Solar System Commercial Panels Tesla Powerwall Consultation Cleaning Residential Panels Permit Assistance Financing Assistance Maintenance

Highlights

  • Clear pricing policy
  • Informative resources
  • Free quotes
1938 Us-44 #55, Modena, NY 845-255-0610 nyssf.com
SunPower Logo

SunPower

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4.4/5
Based on 81 customer reviews.

Services Offered

Financing Assistance Consultation Residential Panels Battery Storage

Highlights

  • Reliable customer support
  • Informative resources
  • Clear pricing policy
300 American Metro Blvd #230, Hamilton Township, NJ 714-787-3800 us.sunpower.com
Sunrun Solar Logo

Sunrun Solar

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4.2/5
Based on 106 customer reviews.

Services Offered

Battery Storage Residential Panels

Highlights

  • Clear pricing policy
  • Reliable customer support
  • Free quotes
10 New Maple Ave, Pine Brook, NJ 833-324-5886 sunrun.com
Robinhood Solar Group Logo

Robinhood Solar Group

4.7/5
Based on 22 customer reviews.

Services Offered

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

Highlights

  • Free quotes
  • Reliable customer support
  • Informative resources
48 Guenther Pl, Passaic, NJ 862-295-2535 robinhoodsolargroup.com

More Local Solar Companies

Phoenix Energy

User Reviews: 4.6/5 

411 Hackensack Ave
Hackensack, NJ 07601

Sustainable Solar and Storage, LLC

User Reviews: 4.7/5 

3418 Northern Blvd #421
Queens, NY 11101

Radiant Solar

User Reviews: 4.3/5 

3333 Henry Hudson Pkwy W Apt 1a
Bronx, NY 10463

Nexamp

User Reviews: 4.4/5 

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

Venture Solar

User Reviews: 4.8/5 

42 West St
Brooklyn, NY 11222

Green Mountain Energy

User Reviews: 4.1/5 

16 Madison Square N #1200
New York, NY 10010

American Solar Partners, LLC

User Reviews: 3.9/5 

55 S Macquesten Pkwy
Mt Vernon, NY 10550

Rivertown Solar

User Reviews: 4.7/5 

23 Main St
Irvington, NY 10533

Alerce Solar

User Reviews: 4.6/5 

78 John Miller Way
Kearny, NJ 07032

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 has researched dozens of solar contractors near Teaneck, keeping in mind the following criteria:

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Facts about Teaneck
Average Max Temp: 60°F
Solar Payback Period: 14.1 years
Average Daily Sunlight: 54%
Homes Powered by Solar: 945
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 comes with multiple benefits. Here are some highlights.

  • Reduced carbon footprint: Adopting solar is a surefire way to lower your carbon footprint and home fossil fuel dependency.
  • Better energy independence: Adding a battery backup lets you have reliable energy during grid outages and storms.
  • Smaller power bills: Generating some or all of your own energy will spend less on electricity long-term.

What Solar Incentives Are Available to Teaneck Homeowners?

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

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 Teaneck

The more informed your company research is, the better your solar installation will ultimately work. 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 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 earn certifications 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 Teaneck

Your photovoltaic panels' style will affect how much energy you can produce. Monocrystalline panels 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 are excellent for non-traditional roof shapes and cost the least, but don't work well for large residential installations.

You can also add electric car (EV) chargers and battery backup systems. These will increase your total project price, but they can boost your solar system's performance. Not every solar contractor provides these extras, so look for a contractor that installs them if it's crucial for you.

Generally speaking, it costs about $17,650 for a five-kilowatt solar array in Teaneck. This table lists more specific prices for different solar panel types and system components in your area.

Solar Panel Cost Average Cost
Solar Monocrystalline $1,174
Solar Polycrystalline $915
Thin-Film $535
Solar Battery $751
Solar Home EV Charger $2,817

Financing Solar Energy in Teaneck

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. We recommend making a cash payment or using a solar loan for the highest return on investment (ROI). Cash payments require a hefty sum up-front, but you’ll pay the least long-term by avoiding interest. You’ll also have full ownership of your system and can apply for solar incentives to cut your total costs. Solar loans are another solid option if you don’t want to make a big initial investment. You can pay for your system in installments while still benefiting from energy bill savings and solar incentives. However, you’ll pay more in total due to accruing interest. 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 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 certain circumstances. We recommend working with an installer that offers multiple financing options. Speak with each salesperson about what's available, and acquire more than one estimate for the best odds of keeping within your spending limits.

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

A 26% federal tax credit applies to recently-purchased solar equipment purchased through 2032. Extra incentives may be available through city and state governments, usually in the form of rebates and special financing programs.

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 Teaneck

How much energy and money could I save per year by switching to solar?

Most Teaneck homeowners spend about $1,422 on energy each year. Your costs could drop by $765.19 for each kilowatt you generate after you pay off a solar array.

How prevalent is solar energy in Teaneck?

Yes, solar energy is readily available in Teaneck. A growing number of local homes generate or access solar power on-site or through utility grids, and New Jersey has about 6225 jobs forming its solar economy.

Should I anticipate a property value increase after adopting solar power?

Yes, new solar systems translate 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 boost your property value by $12,000.

How can I evaluate my site's solar potential?

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

How do I care for my new solar system?

Solar panels don't require much maintenance to keep working properly. All you'll need to do is clean and inspect the panels every six months or as necessary in dusty seasons. Solar installers frequently offer maintenance packages to assist in your system's care.

How long does it take to pay back a solar loan in Teaneck?

The average payback period for a solar loan in Teaneck is 16.1 years. By paying off extra principal each month, you can shorten the payback period and own your system faster.

What's the difference between a PPA and a solar lease?

Choosing a leasing option means your solar installer will handle panel maintenance while you make fixed monthly payments. PPAs differ slightly because you pay for just the electricity you produce.

You don't own the panels with either option, though you can choose to "buy out" of the contract for a fee.

How are traditional solar loans and PPAs different?

The main differences between a PPA and traditional financing are that you pay a fluctuating monthly rate based on your energy usage and don't own your system. Your service provider installs and maintains the panels, and you pay for the generated electricity for 10–25 years. Afterward, you can continue the contract or buy the system.

You might consider a PPA if you don’t want to be responsible for maintenance and don’t want to invest in a system, but keep in mind you won’t be paying toward ownership or be able to access any solar financial incentives. Many solar experts don’t recommend PPAs. Our guide covers other payment options above.

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

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