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Best 5 Solar Companies in Wayne, NJ
The best solar company in Wayne is SunPower.
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- Updated 2024-04-18 00:00:00
With Wayne's clear skies and little rainfall, it's an ideal area for families and businesses looking to harness the extra sunlight by buying panels from one of the best solar installers. Local homeowners might opt for solar to break free of high power costs from sources like natural gas. A knowledgeable solar installer can help you install and adjust a system that fulfills your energy needs without being too expensive. In this article, we'll showcase Wayne's best solar companies and offer tips for your company choice, so you can find the perfect one for your home.
5 Best Solar Companies in Wayne
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 by New York State Solar Farm
Ratings are based on our detailed proprietary methodology and review standards.
Sunrun Solar
Ratings are based on our detailed proprietary methodology and review standards.
Infinity Energy
Ratings are based on our detailed proprietary methodology and review standards.
Ranking Methodology
Our team has meticulously studied dozens of solar companies near Wayne, with emphasis on the following criteria:
- Feedback and reviews from customers: Most Wayne solar companies have both positive and critical reviews. However, a good review ratio reflects a company's reliability and responsiveness to issues.
- Warranty and service offerings: Solar companies should stand behind their systems and services with warranties. We evaluated how each company responds to issues and warranty claims, focusing on timeliness and customer happiness.
- Panel quality and brand offerings: The premier solar companies keep up with new technology, offering equipment from innovative, dependable manufacturers.
- Professional licenses and credentials: Each company on our list complies with state and city licensing requirements and stays up to date with industry best practices. Many of them have served the Wayne community for more than a decade.
- Educational approach and support: Solar technicians must be knowledgeable. They should use their years of experience answer your questions on how to maintain your system and maximize its performance.
Facts about Wayne
- Average Max Temperature:58°F
- Solar Payback Period:17 years
- Average Daily Sunlight:53%
- Homes Powered by Solar:1,243
- Average Annual Energy Bill:$1,059
- Solar Power per Capita:81.8%
Benefits of Solar Energy
Solar energy provides multiple benefits. Here are some highlights.
- Better energy independence: Adding a battery storage system lets you have trustworthy energy during storms and grid outages.
- Lowered energy bills: Solar panels allow you to generate your own energy to power your home, lowering your monthly electricity costs. Going off-grid can eliminate your bills completely. Plus, a significant amount of states have adopted net metering, which permit you to earn money by selling your unused energy back to the grid.
- 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 non-renewable sources.
What Solar Incentives Are Available to Wayne Homeowners?
New Jersey's public agencies and power companies offer several solar incentives to help minimize your solar system costs. Check out a breakdown of applicable 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 Wayne
Choosing a company is the first step toward an effective and valuable solar system. Make your choice based on the following important considerations.
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 master-level professionals on the team will also liaise with your local government and utility on permit matters. Solar providers can also earn certifications from standards organizations and trade groups. The top 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 Wayne
Different solar panel types look and perform differently. Monocrystalline panels cost more than other options, but they generate the most power and generally have the highest quality. Polycrystalline panels produce less power, but start at a more budget-friendly price point. Thin-film panels work well for small projects like RVs and sheds, but they're not ideal for larger installations due to their low performance.
You can also add battery backups and electric vehicle (EV) chargers. These will increase your total installation cost, but they can improve your solar system's performance. Not every solar provider includes these optional components, so look for a company that sells them if it's important for you.
A majority of Wayne homeowners select solar systems designed for five kilowatts (kW) of electrical capacity. These systems cost about $17,650 to install, considering both parts and installation. You can find more specific solar cost information in the table.
Solar Panel Cost | Average Cost |
---|---|
Solar Monocrystalline | $1,144.64 |
Solar Polycrystalline | $892.82 |
Thin-Film | $521.96 |
Solar Battery | $732.57 |
Solar Home EV Charger | $2,747.14 |
Financing Solar Energy in Wayne
Choosing the right financing solution will impact your overall solar system cost and expected savings. Common payment options include loans, power purchase agreements, cash payments, and leases. Though it involves a large up-front payment, cash is the most cost-effective choice because it qualifies you for solar incentives and doesn't accrue interest. Solar loans are the next best option. As with a car loan or mortgage, 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 PPA lets you pay a variable rate based on only the energy you use. We generally advise against these options since you won't own your system and are disqualified from solar incentives, but they might be appropriate in particular circumstances. Ask each installer you're vetting about the payment options it offers. A consultant can help you determine the most suitable option for your financial situation.
The table below lists the average payback periods for different capacities of solar systems in Wayne.
A 26% federal solar tax credit applies to new home solar systems purchased through 2032. Further 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 |
Frequently Asked Questions about Solar in Wayne
On average, Wayne homeowners pay approximately $1,059 per year on power bills. Once you repay your solar array, you could save $732.39 for every kilowatt you produce.
Yes, solar energy is spreading quickly in Wayne. Some homes already benefit from solar power on-site or through utility grids, and they're fortified 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 rises by $20. So, if your panels save you $600 per year on energy costs, your property could appreciate $12,000.
Today's solar installations are incredibly durable, lasting up to 25 years. Monocrystalline options and other top-tier models tend to last longer than cheaper models.
Your solar job's duration will depend on its size and complexity, as well as Wayne's permit and inspection procedures. It could take a couple of weeks to a couple of months on average.
A typical Wayne solar home utilizes a 4.8-kW panel array, but you might need a bigger 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 states and utilities administrate net metering programs, and some require homeowners to join. Once you register, you can obtain a check or bill credit for any surplus electricity you generate and send to the grid. Generally, power companies reimburse solar homeowners at a wholesale or "avoided-cost" rate.
After you sign a power purchase agreement, your solar company will not charge to install or maintain 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 do not 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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