Expert Advice On Improving Your Home
Expert Advice On Improving Your Home
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Written By David Cusick
Last Updated April 2024
Rooftop solar energy is becoming increasingly popular for Hanover homeowners. A new solar energy system can help you decrease your carbon footprint, add value to your property, and provide a dependable source of power. Going solar allows you to cut your utility bills and shrink your environmental impact. But you'll want to find a qualified installation company first. That’s why we’ve reviewed the options and compiled a guide to the most dependable solar providers in Hanover. These top providers consistently deliver high-quality and reliable services.
Informative resources
Free quotes
Clear pricing policy
Reliable customer support
Services Offered
Reliable customer support
Free quotes
Clear pricing policy
Informative resources
Services Offered
Family-operated business
Free quotes
Clear pricing policy
Reliable customer support
Informative resources
Services Offered
Clear pricing policy
Reliable customer support
Informative resources
Free quotes
Services Offered
Family-operated business
Reliable customer support
Informative resources
Clear pricing policy
Free quotes
Services Offered
Informative resources
Clear pricing policy
Reliable customer support
Prompt service delivery
Free quotes
Services Offered
Informative resources
Reliable customer support
Free quotes
Clear pricing policy
Services Offered
Free quotes
Reliable customer support
Informative resources
Services Offered
Clear pricing policy
Reliable customer support
Free quotes
Services Offered
Clear pricing policy
Free quotes
Informative resources
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 reduce your electricity payments while benefiting the planet by reducing your carbon footprint through renewable energy use. Key considerations when looking at local solar installers are as follows.
It's imperative that your solar installer has the proper licensing. This ensures that the work is done correctly using current best installation practices. Licensing requirements mean that your New Jersey solar installation team may have a variety of different professionals, including . The most experienced professionals on the team will also handle permit work for the job.
Check review sites like the Better Business Bureau (BBB), Google Reviews, and TrustPilot to see feedback from past customers on local solar companies. Detailed reviews can help you assess a company's reliability and customer service. Use caution with companies that have very few reviews or mostly negative ones.
Contact three to five solar companies to get free, detailed quotes. Quotes should clearly outline all costs and list the exact solar components included. By comparing multiple quotes, you can identify the best value based on your budget.
High-quality solar installations should include robust workmanship and performance guarantees. The workmanship guarantee covers any installation issues like poor wiring, cracks in the panels, or poor alignment. The output guarantee ensures an energy generation baseline. Strong warranties reflect a solar provider's confidence in its installations.
Going solar can help decrease your electric bills over time. When evaluating the total price and value of solar panels, be sure to consider these factors.
In Hanover, solar panels cost an average of $3,530 per kilowatt, with an average system size of 4.8 kilowatts. The typical Hanover homeowner spends $11,808 on their solar array after federal tax refunds. An estimate from a local provider will factor in additional information based on your desired system's required preliminary work, panel type, size, and capacity. In some cases, homeowners may prefer leasing solar panels to 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
Generally speaking, a solar photovoltaic (PV) system can be used to power any household system or appliance that uses electricity. In the smallest case, you can use a solar water heating system.
There are many advantages of home solar energy. You can qualify for tax benefits, raise your property values, and reduce emissions. With the right storage equipment, solar panels can also offer you additional energy security and offer some protection from power outages.
Yes. The grid in Hanover already uses a large share of renewable energy sources, and you may be able to sell your excess generated energy to your utility for additional cost savings.
Generally speaking, your energy bills will significantly decrease after you install solar panels. This is because you're using the energy you generate for free rather than buying it from your power company. In Hanover, the average amount someone can save is $730 per year. With net metering programs offered by many utilities, you could ultimately make a profit from your system after the payback period concludes.
You might be pleasantly surprised at how quickly you can get a return on investment from your solar panels. The sun shines frequently in Hanover, meaning your payback period could last 16.2 years per 5 kW of capacity on the high end.
When it comes to taxes, the federal government offers a tax credit of up to 30% of the panels' cost. Depending on where you live, you could also claim or apply for state or property tax incentives. As for insurance, your monthly premium may be slightly higher because solar panels increase your property's value. You should speak with your accountant or insurance agent for information specific to your case.
Solar panels can be more efficient than other forms of renewable energy. They have inexpensive upkeep and today's systems can stand up to the worst conditions.
