Solar Panels in
Verona, NJ

Updated 1/15/2022

How much do solar panels cost in Verona, NJ in 2022?

As of January 2022, the average solar panel cost in Verona, NJ is $2.82/W. Given a solar panel system size of 5 kilowatts (kW), an average solar installation in Verona, NJ ranges in cost from $11,985 to $16,215, with the average gross price for solar in Verona, NJ coming in at $14,100. After accounting for the 26% Federal Investment Tax Credit (ITC) and other state and local solar incentives, the net price you'll pay for solar can fall by thousands of dollars.

Importantly, these costs are typical for solar shoppers comparing solar quotes on the EnergySage Marketplace. When you compare quotes for solar panels on EnergySage's competitive solar marketplace, you can expect to see prices up to 20% lower than working with a single solar company.

Average solar panel cost by system size in Verona, NJ

System Size System Cost System Cost (after ITC)
3 kW $8,460 $6,260
4 kW $11,280 $8,347
5 kW $14,100 $10,434
6 kW $16,920 $12,521
7 kW $19,740 $14,608
8 kW $22,560 $16,694
9 kW $25,380 $18,781
10 kW $28,200 $20,868

2022 average solar panel cost graph in Verona, NJ

for a 5kW system

Great Price
$11,985 or less
Market Average
$14,100
Above Market
$16,215 or more

Solar installation costs do not include the 26% Federal Investment Tax Credit or local incentives. Learn more about local NJ incentives, tax credits & rebates.

Payback Period

6.58 Years

20-Year Savings

$34,004

Cost per Watt

$2.82

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