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Rooftop Solar Panels New Jersey - Residential Solar Power Energy

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Rooftop Solar Panel Cost

Solar panels are an increasingly popular choice for powering homes these days. However, not everyone realizes just how much money they’re really costing themselves.

In addition to the initial purchase price, there are also ongoing expenses that must be paid out each month. Some of those expenses include electricity bills, maintenance fees, and taxes.

Fortunately, there are ways to cut down on the amount of money you spend on solar power every year. You’ll find information below that will help you figure out where you stand financially before you invest in a solar system.

How much does it cost to install a rooftop solar panel with a tracker?

A tracking system allows the sun to shine directly onto the solar cells without having to tilt them manually. This means that they work better during cloudy days and save energy. They also reduce the amount of dust and dirt that gets into the solar cell.

You can buy an entire solar system for $17,538 to $23,458 while tracking equipment can cost anywhere from $500 per panel to over $1,000 per panel.

Where can you find the best prices for solar panels?

rooftop solar panel cost

To get the best price for solar panels, start by checking out what’s available in your local area.

If you live in an area where there are high enough rooftops to install a system, you can expect to be able to buy a solar panel system that costs around $2.77 per watt.

Some companies even offer systems with 5-years’ worth of warranty coverage.

Decide if you’ll need a tracker or not

Installing a solar power system requires planning ahead. You should know how much electricity you need to produce before you start installing panels. A good place to get started is with an online calculator. Once you’ve figured out what size system you need, you can begin shopping around for a suitable product.

Some people choose to buy a preassembled unit; others prefer to build one themselves. Either way, make sure you’re comfortable working with electrical components before you dive into the installation.

Check if your roof fits with solar panels before you buy

Before purchasing a solar power system for your roof, it’s important to measure the area of your roof. The size of your house determines how many solar systems you can buy and what size they will need to be. So, it’s important that you correctly measure the area of your house.

How to find out if your roof is suitable for solar panels

A good place to start is by determining what kind of solar power system you’d like to put in your home. You’ll also want to find out where you live so that you know what size solar array you’ll require.

For example, if you’re located in an extremely sunny part of California, you might only require a small solar array. However, if you live in a region that receives very little sunlight, you’ll likely require a large solar array.

Once you’ve determined the size of your solar array, you’ll next want to check the tilt of your house. If your house tilts at a steep incline, you’ll probably want to consider a solar array with a tracking mechanism. If your house doesn’t tilt too far, you won’t necessarily require a tracking mechanism, but it could help increase efficiency.

Next, you’ll want to calculate the total amount of energy that you’ll produce each year. To do this, you’ll want to multiply the number of hours per day that your solar array produces electricity times 365 days. You’ll then divide this figure by the average price per kilowatt hour of electricity.

When you compare these figures to those produced by traditional sources of energy, such as coal, natural gas, and nuclear, you’ll see that they’re often significantly lower.

What affects the cost of installing a rooftop solar panel?

When choosing between different types of solar panels, you should first decide whether you’re interested in investing in a system that includes both solar panels and trackers (which allow the panels to follow the sun throughout the day) or just solar panels without trackers.

Then, you need to determine how much you’re willing to spend on each part of the system. Expect to pay anywhere from $17,538 to $23,458 for the rooftop solar panel cost and $500-$1 000 for a tracker that’s good quality and will last many years, but don’t be surprised if you end up paying more than that.

Summing up

The cost of installing solar panels on top of a house is minimal if you know what you’re doing and have experience doing so. If you aren’t confident in your abilities, you can hire an installer to help you out.

There are also additional expenses associated with purchasing a solar tracker; however, the benefit of having a solar power system outweighs those extra fees.

Once you’ve calculated all of the factors, including the cost of the solar panels themselves, the cost of the tracker, and the amount of energy produced, you’ll see that it’s definitely worthwhile to install a solar power system.

f you would like to know if we can install solar and put thousands of dollars in your pocket for doing it, use the form below to submit your electric bill for a no cost, no obligation evaluation.