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 Hopatcong homeowners. A new solar energy system can help you add value to your property, decrease your carbon footprint, and provide a dependable source of power. Switching to solar energy can help you save money and shrink your carbon footprint, but you want to make sure you find a qualified installer. That’s why we’ve researched the options and assembled a guide to the most reliable solar Installers in Hopatcong. These top companies offer high-quality and dependable services.
Informative resources
Free quotes
Clear pricing policy
Reliable customer support
Services Offered
Clear pricing policy
Reliable customer support
Free quotes
Informative resources
Services Offered
Clear pricing policy
Free quotes
Reliable customer support
Family-operated business
Informative resources
Services Offered
Informative resources
Free quotes
Services Offered
Clear pricing policy
Reliable customer support
Informative resources
Free quotes
Services Offered
Clear pricing policy
Free quotes
Reliable customer support
Services Offered
Family-operated business
Free quotes
Informative resources
Reliable customer support
Clear pricing policy
Services Offered
Reliable customer support
Informative resources
Free quotes
Clear pricing policy
Services Offered
Reliable customer support
Informative resources
Free quotes
Services Offered
Reliable customer support
Informative resources
Prompt service delivery
Clear pricing policy
Free quotes
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:
Installing solar panels can cut your electricity costs and help the environment by reducing your carbon footprint. When deciding if a solar provider is the best option for you, consider these key factors.
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 senior professionals on the team will also pull permits for the job.
Look at review platforms such as Google Reviews, the Better Business Bureau (BBB), and TrustPilot to find out what previous customers have to say about local solar companies. Reviews can give you an idea of a company’s reliability and customer service. Be cautious of companies with no reviews or with predominantly negative feedback.
Contact 3–5 solar companies to receive free, detailed quotes. Quotes should clearly outline all costs and specify the exact solar components included. By comparing multiple quotes, you can identify the most cost-effective option for you.
Quality solar installations should come with strong workmanship and performance guarantees. A workmanship guarantee covers any installation defects (such as poor alignment, poor wiring, or cracks in the panels), while a performance guarantee ensures a certain level of energy production. Strong guarantees demonstrate a company's confidence in its work.
Solar power can help decrease your electricity costs in the long run. When evaluating solar panel's cost and value, be sure to consider these considerations.
The cost of home solar panels in Hopatcong depends on several factors, including your system's expected capacity and the type of solar technology being used. Generally speaking, a complete solar energy system costs $3,530 per kilowatt, not including labor, permit fees, or preliminary work. Most solar systems in Hopatcong are 4.8 kilowatts, and the typical Hopatcong homeowners spends $11,874 after accounting for federal tax refunds. Some homeowners may prefer leasing their 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
A solar photovoltaic (PV) system can generate power to run any electric appliance or system in your home. More specifically, you can install a solar heating system for your water.
With home solar PV, you can recoup the cost of the system over time, lower your property's emissions, and gain additional energy independence.
Of course. The grid in Hopatcong 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.
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 Hopatcong amount to $647.
Your payback period is the time to achieve an ROI on your solar panels. It will vary based on the rate your utility charges per kilowatt of power, the average sunlight in your area, and their rated capacity. Hopatcong gets quite a bit of sunlight per day, so an average payback period could last up to 18.3 years per 5 kW of capacity.
Of course. Solar panels don't depend on the grid to work and will continue to generate power even if the grid is having problems. Keep in mind, however, that a solar system won't take you through a nighttime outage if you don't have a storage system. Your contractor can discuss some economical options to keep your home's power access reliable through the worst conditions, including battery backups or an emergency generator.
The answer ultimately depends on your specific situation. You can take advantage of a federal tax credit of up to 30% of the system's cost, as well as state or local incentives depending on where you are. As for insurance, you'll need to notify your insurer about your new solar panels. Your premium may increase due to added property values, but you'll have peace of mind if a covered event happens to the system.
