The cost of solar panels in Tenafly, NJ (2026)

Updated Feb 20, 2026

  • You'll pay an average of $38,196 to install a 13.66 kilowatt (kW) solar panel system in Tenafly, NJ before any available incentives.

  • Solar panels typically last 25-30 years, generating free electricity and protecting you from rising utility rates for decades.

  • The average Tenafly, NJ homeowner will save about $94,846 over 25 years by going solar.

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Written by:Emily Walker

Your electric bill doesn't care about your budget. It just keeps climbing. That's the bad news. The good news? Solar panels can lock in decades of predictable energy costs in Tenafly, NJ while your neighbors watch their utility bills rise.

As of February 2026, the average solar panel system costs $2.80/W including installation in Tenafly, NJ. For a 13.66 kW system (the average system size in Tenafly, NJ), this comes out to about $38,196 before any available incentives, though prices range from $32,467 to $43,925. That may sound like a lot, but most homeowners see solid returns on their solar investment over the system's 25-30 year lifetime.

These numbers also don't include any potentially available Tenafly, NJ or local incentives, which can help lower costs.

Here's the typical price range of a 13.66 kW system in Tenafly, NJ:

Average price of a solar panel installation in Tenafly, NJ

Good Price
$32,467 or less
Market Average
$38,196
High Price
$43,925 or more

Your solar panel cost depends on your system's size

It may seem obvious, but larger solar panel systems cost more money. We use cost per watt ($/W) so you can easily compare quotes, controlling for slight variations in system size.

If you want a smaller system than the Tenafly, NJ average, it won't cost quite as much.

For example, a 5 kW system will only cost you $13,980 in Tenafly, NJ. Doubling the system size effectively doubles the price, so you'll pay about twice that for a 10 kW system.

Average solar cost by system size in Tenafly, NJ

System size
System cost
3 kW$8,388
4 kW$11,184
5 kW$13,980
6 kW$16,776
7 kW$19,571
8 kW$22,367
9 kW$25,163
10 kW$27,959

Are solar panels worth it in Tenafly, NJ?

Solar panels are worth it in most areas, including Tenafly, NJ. Certain factors, including the cost of electricity, incentives, climate, and the angle at which the sun hits your roof impact how quickly you break even on your investment relative to other areas around the U.S. 

Homeowners in Tenafly, NJ are expected to save an average of $94,846 over 25 years (the warranty term of most solar panels) on electricity costs, after accounting for the upfront cost of an average-sized solar panel system. We generate this estimate based on recent, real solar quote data from our Marketplace, factoring in system costs, electricity prices, available incentives, and inflation rates.

Payback period
7.49 Years
25-year savings
$94,846
Cost-per-watt
$2.80

If you can't shell out $13,980 in cash to pay for solar, don't sweat it. You can choose to finance your system with a loan instead. Some companies even offer $0-down loans so you can start saving on day one if your loan payments are less than your current electric bills. Just keep in mind that your long-term savings will be lower with a loan due to interest rates.

Or, for homeowners who prefer not to own their system or want to keep capital flexible, solar leases and power purchase agreements (PPAs) often provide immediate savings with no money upfront. They're not offered everywhere, though, so it's worth double checking that providers offer these types of agreements systems in your area.

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The numbers we're showing are averages. The price you'll pay for solar depends on many factors unique to you and your home:

If you're looking for solar companies in NJ, here are some popular suggestions:

  • Public Service Solar, LLC
    Jackson, NJ
    Established 2018
    Elite+ Installer
    We are rooted in the community and pride ourselves on our custom installation services and extreme attention to d... 
    Elite+ Installer
    Screened & Verified
    4.9 /5.0
    103 Reviews

    We are rooted in the community and pride ourselves on our custom installation services and extreme attention to d... 
  • Green Power Energy
    Avon-by-the-Sea, NJ
    Established 2009
    Elite+ Installer
    Green Power Energy offers a variety of flexible financing options to ensure that the solar program you choose is ... 
    Elite+ Installer
    Screened & Verified
    4.9 /5.0
    455 Reviews

    Green Power Energy offers a variety of flexible financing options to ensure that the solar program you choose is ... 
  • Infinity Energy (Infinity Solar Systems LLC)
    Mahwah, NJ
    Established 2008
    Elite+ Installer
    Infinity Energy is INSTALLER OF THE YEAR with an Elite + rating from EnergySage. We offer only premium equipment... 
    Elite+ Installer
    Screened & Verified
    4.7 /5.0
    64 Reviews

    Infinity Energy is INSTALLER OF THE YEAR with an Elite + rating from EnergySage. We offer only premium equipment... 
  • Exact Solar
    Multi-state
    Established 2005
    Advanced Installer
    Learn why Exact Solar is Pennsylvania’s 2024 EnergySage Installer of the Year, as well as the official local inst... 
    Advanced Installer
    Screened & Verified
    5.0 /5.0
    39 Reviews

    Learn why Exact Solar is Pennsylvania’s 2024 EnergySage Installer of the Year, as well as the official local inst... 
  • Palmetto Energy
    Multi-state
    Established 2009
    Approved Installer
    Palmetto is leading the world into a clean energy future by making it easy for homeowners across the United State... 
    Approved Installer
    Screened & Verified
    4.7 /5.0
    662 Reviews

    Palmetto is leading the world into a clean energy future by making it easy for homeowners across the United State... 

Solar is a major purchase, but you can often get the price tag to come down by being an educated shopper. Taking advantage of incentives and shopping around for quotes can help lower your cost of solar in Tenafly, NJ.

Search for incentives

While the federal tax credit is no longer available for systems purchased with cash or a loan, many states offer great local incentives and rebates that can further reduce your costs—so it's worth seeing what's available to you.

You can also still benefit from the tax credit indirectly if you sign a lease or PPA as long as your provider passes along those savings.

Get quotes from multiple installers

Comparing multiple solar quotes can save you money through competition and transparency. Each additional quote you receive for solar will help you find the right solar panel system at the right price.

This is where EnergySage can help. With funding from the Department of Energy’s SunShot Prize, EnergySage opened the country’s first (and now the largest) marketplace for home solar panel installations. We gather custom solar quotes from local installers on your behalf and put them in an easy-to-compare format. When you compare quotes for solar panels on the EnergySage Marketplace, you can expect to see prices up to 20% lower than if you work with a single solar company.

Solar panels aren't cheap. But neither is paying your utility company every month for the next 30 years. The difference? One of those bills eventually stops. The other one keeps climbing.

Getting solar quotes in doesn't cost you anything, but skipping this step could cost you thousands over your system's lifetime. Start comparing offers from Tenafly, NJ installers today—your future self (and your wallet) will thank you.

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