Expert Advice On Improving Your Home
Expert Advice On Improving Your Home
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Written By David Cusick
Last Updated April 2024
Year after year, more North Hanover residents install rooftop solar panels to add value to their property and provide a dependable source of power. Solar power can reduce your energy costs and lower your carbon footprint. However, it's important to select a reputable solar installer. Luckily, we’ve conducted comprehensive research local solar installers and put together a guide to the best solar companies in North Hanover. These reliable providers are reliable options known for their quality services.
Reliable customer support
Clear pricing policy
Free quotes
Informative resources
Services Offered
Free quotes
Informative resources
Reliable customer support
Clear pricing policy
Services Offered
Free quotes
Clear pricing policy
Services Offered
Reliable customer support
Free quotes
Informative resources
Clear pricing policy
Services Offered
Clear pricing policy
Free quotes
Informative resources
Reliable customer support
Services Offered
Clear pricing policy
Informative resources
Reliable customer support
Services Offered
Reliable customer support
Informative resources
Clear pricing policy
Free quotes
Services Offered
Informative resources
Clear pricing policy
Reliable customer support
Free quotes
Services Offered
Clear pricing policy
Reliable customer support
Free quotes
Informative resources
Services Offered
Reliable customer support
Free quotes
Clear pricing policy
Informative resources
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 lower your electricity costs and help the environment by reducing your carbon footprint. When deciding if a solar provider is a good fit for you, consider these key factors.
It's important to hire a licensed solar installer. This help guarantee that the work is done correctly using the most up-to-date installation methods. Licensing requirements mean that your New Jersey solar installation team will likely 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 TrustPilot, Google Reviews, and the Better Business Bureau (BBB) to see customer feedback about local solar companies. Detailed reviews can help you evaluate a company's reliability and customer service. Use caution with installers that have very few reviews or mostly negative ones.
To find a solar company that fits your budget, get free, detailed quotes from 3–5 providers. The quotes should outline all costs and list the solar equipment included. Comparing several quotes helps you identify the best value.
High-quality solar installations should include robust workmanship and performance warranties. The workmanship warranty covers any installation issues like cracks in the panels, poor alignment, or poor wiring. The output warranty guarantees an energy generation baseline. Strong warranties reflect a solar provider's faith in its installations.
Solar energy can help reduce your electricity costs over time. When weighing solar panel's cost and value, be sure to factor in these considerations.
In North Hanover, solar panels cost an average of $3,530 per kilowatt, with an average system size of 4.6 kilowatts. The typical North Hanover homeowner spends $11,389 on their solar array after federal tax refunds. An estimate from a local provider will consider additional information based on your desired system's size, capacity, panel type, and required preliminary work. 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
A solar photovoltaic (PV) system 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 panels, you can recoup the cost of the system over time, lower your property's emissions, and be better prepared if there's an outage to the local grid.
Yes, you can use home solar energy alongside conventional power sources. In many areas, solar panels are designed to supplement your existing energy sources, so you can reap the environmental benefits and savings of solar energy without having to completely switch over.
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 North Hanover, the average amount someone can save is $674 per year. With net metering programs offered by many utilities, you could ultimately make a profit from your system when your payback period is done.
You might be pleasantly surprised at how quickly you can get a return on investment from your solar panels. The sun shines frequently in North Hanover, meaning your payback period could last 16.9 years per 5 kW of capacity on the high end.
The type of solar panels you have will have specific maintenance steps to follow. Regardless of type, you should inspect your panels for damage and clean them regularly. Full-service solar contractors in the North Hanover area offer multipoint maintenance plans to help you keep your panels healthy and make the most of your system.
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. Regarding 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 are becoming more relevant than ever for their high efficiency and low maintenance costs. Depending on how much sunlight your property receives, you may find they're the best performing source of renewable energy compared to others.
