New Jersey has 4.4 gigawatts of installed solar capacity from 174,692 solar panel system installations as of June 2023, according to the New Jersey Department of Environmental Protection Air Quality, Energy and Sustainability. Solar also makes up 6.80% of the electricity used in New Jersey, and the state ranked ninth in the United States for total installed solar capacity—enough to power 762,277 homes, according to the Solar Energy Industries Association’s (SEIA’s) Q2 2023 data. Because of this huge market, solar installation prices have fallen 53% in the last 10 years. Now is a great time to install a solar system at your home in New Jersey.

What Are the Best Solar Companies in New Jersey?

New Jersey has 441 solar companies operating in the state, including 249 installers and developers, per the cited SEIA factsheet. The following companies have great reputations. Any of them would be a good choice to help you along your solar journey.

Sunrun

Sunrun is a leading provider of residential solar and energy services. Their services range from solar installations to management of regulatory paperwork, ensuring a smooth transition for homeowners. They also provide personalized financing options. Sunrun backs its services with a solid system warranty for peace of mind.

Momentum Solar

Momentum Solar offers a broad range of solar products, including Tier-1 solar panels. They know a lot about rebates, tax exemptions, and incentives, and they can guide you through the purchase. With their app, you can view your solar production information from anywhere. They also provide a great warranty.

Public Service Solar

Public Service Solar operates out of Trenton and is a great local choice that has won a number of awards. They are known for no-pressure consultation and good customer service. They also claim the best prices on many systems. They offer power purchase agreements and other financing options, along with a strong warranty.

Green Power Energy

Green Power Energy is a regional company headquartered in New Jersey. As a local company, they know the local laws and incentives well. They offer many installation services involving solar, storage, roofing, and electric vehicle chargers. They also offer a wide range of financing options. Green Power Energy has an educational approach to sales, and their customer service earns praise from many customers.

SunPower

SunPower SunPower sells its own brand of residential panels. They happen to be the most efficient on the market, but they are a bit more expensive than average. They also offer in-house $0-down loans, solar panel leases, and power purchase agreements. With all these options, you can find a way to finance your system. They know government incentives well, have a great 25-year warranty and offer a recycling program.

Trinity Solar

Trinity Solar is a family-owned company that operates regionally. They make charitable donations whenever someone consults or buys with them. Trinity has a range of choices available, including some of the less-expensive brands. They don’t stop at solar and also do electrical and roofing work. Plus, they offer several financing choices, so you can pay in a way that suits you.

Average Cost of Solar Panels in New Jersey

The typical New Jersey home requires a system with 5 kW to 8 kW capacity, averaging $2.75 per watt, according to This Old House. As of August 2023, it costs $10,175 to $16,280 to install solar panels in New Jersey after the U.S. solar tax credit. It takes an average of 7.7 years for a solar power system to pay for itself.

Tax Credits, Incentives, and Solar Rebates in New Jersey

The United States is offering a 30% tax credit for purchasing a solar panel system and batteries. Besides the ITC, you may be eligible for the following solar incentives in your state:

• New Jersey has a $85 per SREC-II. SuSi is the replacement of the Legacy SREC Registration Program and Transition Incentive Program (TREC).

• Solar equipment is exempt from state sales taxes and property taxes.

• The state has a net metering program, where you can sell your excess power to the grid. The exact policies vary by the utility provider. Adding all these incentives together means you can get a solar system at minimal cost.

Quite a few localities offer more incentives, as do utility companies. Trenton and other communities offer local tax incentives.

How to Choose the Right Solar Provider

The right solar panel company for you should offer you a choice of solar power products at competitive prices. They should install solar panels and other equipment correctly. But that’s only the start.

The best solar installation companies, such as Sunrun and the others on the list, will offer you service for the lifetime of your solar panels. You should be able to rely on their solar installation service and have multiple ways of contacting them if something goes wrong.

The best solar providers offer warranties for the lifetime of the solar panels (for both parts and workmanship) and performance warranties that guarantee the panels will keep producing power at acceptable rates. Roof warranties are positive as well.

A good company will also offer financing options that suit different customers. Finally, groups that protect consumers, such as the Better Business Bureau, should rate them highly. Your solar company should offer financing and programs that fit your needs.

Solar Panel Installation in New Jersey

Going solar has many benefits, especially in New Jersey where the overall costs can go low. This list of companies all offer great equipment, installation, service, warranties, and more to add solar energy to your home. There are small differences in programs offered and in total costs. But don’t be afraid of the original price. With federal, state, and local incentives, as well as different financing arrangements, solar is more affordable now than ever. The best solar company for you may be on this list.

Get Solar Power Advice from Professionals

You can depend on Solar America to guide you toward the top-ranked solar installation professionals in New Jersey. Start your solar transformation by reaching us at 1-855-999-6970 or browsing our website to get started.