Expert Advice On Improving Your Home
Expert Advice On Improving Your Home
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Written By David Cusick
Last Updated April 2024
A solar panel array will provide you with a renewable power source that will eventually pay for itself. 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. Luckily, we've done the research and assembled a guide to the best and most trustworthy solar installation providers in Point Pleasant.
Free quotes
Clear pricing policy
Informative resources
Reliable customer support
Services Offered
Clear pricing policy
Free quotes
Reliable customer support
Informative resources
Services Offered
Free quotes
Informative resources
Services Offered
Reliable customer support
Free quotes
Informative resources
Clear pricing policy
Services Offered
Informative resources
Clear pricing policy
Free quotes
Reliable customer support
Services Offered
Prompt service delivery
Reliable customer support
Informative resources
Clear pricing policy
Services Offered
Informative resources
Free quotes
Clear pricing policy
Reliable customer support
Services Offered
Free quotes
Clear pricing policy
Informative resources
Services Offered
Reliable customer support
Informative resources
Clear pricing policy
Free quotes
Services Offered
Clear pricing policy
Free quotes
Informative resources
Family-operated business
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:
Adopting solar power lets homeowners reduce utility bills while helping the environment by reducing your carbon footprint using clean energy. If you’re deciding whether to go solar, consider these key factors for choosing an installer.
Verify that your solar installer is properly licensed. This help guarantee 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 master-level professionals on the team will also handle permit work for the job.
Check review sites like Google Reviews, TrustPilot, and the Better Business Bureau (BBB) to see feedback from past customers on local solar companies. Detailed reviews can help you evaluate a company's dependability and customer service. Use caution with companies that have no reviews or mostly negative ones.
Contact at least three solar companies to get free, detailed quotes. Quotes should clearly outline all costs and specify the exact solar components included. Comparing multiple quotes helps identify the most cost-effective option for you.
Top-notch solar installations should come with strong workmanship and performance warranties. A workmanship warranty covers installation issues, such as cracks in the panels, poor wiring, or poor alignment. A performance guarantee ensures a minimum energy output. Comprehensive guarantees show that a solar company believes in its work.
Solar power can help decrease your electricity costs over time. When considering solar panel's cost and value, be sure to weigh these considerations.
The cost of home solar panels in Point Pleasant varies depending on several factors, including the size of the system and the type of solar technology being used. Generally speaking, a typical solar energy system costs $3,530 per kilowatt, not including preliminary work, labor, or permit fees. Most solar systems in Point Pleasant are 4.4 kilowatts, and the typical Point Pleasant homeowners spends $10,964 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) 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 panels, 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 Point Pleasant 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 Point Pleasant amount to $647.
Your payback period is the time to earn a net profit from your solar panels. It will vary based on the average sunlight in your area, their rated capacity, and the rate your utility charges per kilowatt of power. Point Pleasant gets quite a bit of sunlight per day, so an average payback period could last up to 16.9 years per 5 kW of capacity.
Regarding 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. For insurance, your monthly premium may be slightly higher because solar panels increase your property's value. You should talk with your accountant or insurance agent for information specific to your case.
Solar panels are gaining wider adoption 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.
