Expert Advice On Improving Your Home
Expert Advice On Improving Your Home
Written By David Cusick
Last Updated April 2024
Solar energy is becoming increasingly popular for Franklin Lakes homeowners. A solar panel array can help you provide a dependable source of power, add value to your property, and decrease your carbon footprint. Solar power can cut your energy costs and shrink your carbon footprint. However, it's important to hire a reputable solar installer. That’s why we’ve researched the options and compiled a guide to the most dependable solar providers in Franklin Lakes. These top companies consistently deliver high-quality and reliable services.
Reliable customer support
Clear pricing policy
Free quotes
Informative resources
Services Offered
Free quotes
Reliable customer support
Clear pricing policy
Informative resources
Services Offered
Reliable customer support
Family-operated business
Clear pricing policy
Informative resources
Free quotes
Services Offered
Free quotes
Informative resources
Services Offered
Informative resources
Free quotes
Clear pricing policy
Reliable customer support
Services Offered
Clear pricing policy
Reliable customer support
Informative resources
Free quotes
Services Offered
Informative resources
Clear pricing policy
Free quotes
Reliable customer support
Services Offered
Prompt service delivery
Informative resources
Reliable customer support
Clear pricing policy
Free quotes
Services Offered
Clear pricing policy
Reliable customer support
Informative resources
Free quotes
Services Offered
Free quotes
Clear pricing policy
Reliable customer support
Services Offered
Today's Homeowner looks at dozens of datapoints on solar companies to come up with our data-driven rankings. It's not possible for a company to pay for preferential treatment in our rankings. We look at the following key factors in determining who should top our list:
Putting solar panels on your roof could cut your electricity payments while helping the environment by reducing your carbon footprint through renewable energy use. Key considerations when looking at local solar installers are as follows.
Hiring a licensed solar installer is critical. This helps ensure that the work is done correctly using current installation best practices. Licensing requirements mean that your New Jersey solar installation team may have a variety of different professionals, including . The master-level professionals on the team will also pull permits for the job.
Check TrustPilot, the Better Business Bureau (BBB), Google Reviews, and other review sites to see what past customers have to say about local solar installers. Detailed reviews can help you evaluate a provider's reliability and customer service. Be wary of companies with few or mainly poor reviews.
Get free, detailed quotes from at least three solar companies. The quotes should list all costs and identify the exact solar parts included. Comparing several quotes can help you find the best value for your budget.
Quality solar installations should have comprehensive workmanship and performance warranties. The workmanship guarantee covers any installation issues such as cracks in the panels, poor wiring, or poor alignment. The performance guarantee ensures a specific energy output level. Strong guarantees indicate that a solar installer has faith in its installations.
Solar energy can help reduce your electricity costs in the long run. When weighing solar panel's cost and value, be sure to weigh these considerations.
The cost of home solar panels in Franklin Lakes will depend on several factors, including your system's expected capacity and the type of panels you'll use. Generally speaking, a typical solar energy system will cost $3,530 per kilowatt, not including labor, permit fees, or preliminary work. Most solar systems in Franklin Lakes are 4.7 kilowatts, and the typical Franklin Lakes homeowners spends $11,529 after accounting for federal tax refunds. Some homeowners may prefer to lease solar panels and reduce upfront costs.
Incentive Type: Sales Tax Incentive
Incentive Amount:
100% exemption
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 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 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
A solar photovoltaic (PV) array can generate power to run any electric appliance or system in your home. A more specific example is installing a solar water heating system.
With home solar energy, you can recoup the cost of the system over time, lower your property's emissions, and gain additional energy independence.
It depends on where you live and what type of panels you're installing. Since there's a moderate amount of snowfall in Franklin Lakes, your best time to get solar is in the spring and fall.
Yes, it's possible to use home solar energy alongside conventional power sources. In most parts of the country, solar panels are designed to supplement your existing energy sources, meaning that you can reap the savings and environmental benefits of solar energy without having to completely switch over.
Your installer can give you an estimate of what your energy bills will look like after you install solar panels. Generally, your energy bills will decrease significantly because you'll be using energy from the sun for free, instead of buying energy from the utility company. The average annual savings in Franklin Lakes amount to $720.
Net metering is a type of "power purchase agreement." If your utility or state offers net metering, you can return the solar energy you don't use to the grid. In return, they'll give you a credit on your power bill.
Yes, solar panels can still provide you with energy during a grid outage. To ensure that your solar system is able to keep working during a power outage, make sure to choose a quality solar provider that offers battery backup systems or emergency generators.
The most common types of home solar panels in Franklin Lakes include thin-film, polycrystalline and monocrystalline. Monocrystalline panels are balanced and efficient, while polycrystalline and thin-film panels pair good performance with greater upfront value. Ask your local provider about the types of solar panels they work with.
