The cost of solar panels in South Bound Brook, NJ (2025)

Updated Jun 3, 2025

  • You'll pay an average of $13,232 to install a 5 kilowatt solar panel system in South Bound Brook, NJ, before incentives.

  • The federal investment tax credit (ITC) lowers that price by 30% of all your solar equipment and installation costs.

Don't overpay for solar in South Bound Brook

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Written by:Emily Walker

As of June 2025, the average solar panel system costs $2.65/W including installation in South Bound Brook, NJ. For a 5 kW installation, this comes out to about $13,232 before incentives, though prices range from $11,247 to $15,217. After the federal tax credit, the average price drops by 30%.

Average price of a 5 kW solar panel installation in South Bound Brook, NJ

Good Price
$11,247 or less
Market Average
$13,232
High Price
$15,217 or more

You'll probably pay even less than what we show here. It doesn't include the federal ITC or South Bound Brook, NJ state incentives, which will lower this price by at least a few thousand dollars.

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.

While a 5 kW system will only cost you $13,232 in South Bound Brook, NJ, doubling the system size effectively doubles the price, so you'll pay about twice that for a 10 kW system. The higher the price tag, though, the more you'll get back as a credit towards your federal tax bill.

Average solar cost by system size in South Bound Brook, NJ

System Size
System Cost
System Cost (after ITC)
3 kW$7,939$5,557
4 kW$10,585$7,410
5 kW$13,232$9,262
6 kW$15,878$11,115
7 kW$18,525$12,967
8 kW$21,171$14,820
9 kW$23,817$16,672
10 kW$26,464$18,525

Are solar panels worth it in South Bound Brook, NJ?

Solar panels are worth it in most areas, including South Bound Brook, 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. 

If you pay for your system with cash, you'll save about $53,829 over 25 years (the warranty term of most solar panels) on electricity costs with a 5 kW system in South Bound Brook, NJ. We generate this estimate based on real solar quote data from our Marketplace. It considers your system's cost, the federal tax credit, and inflation rates.

Payback Period
6.12 Years
25-Year Savings
$53,829
Cost-per-Watt
$2.65

If you can't shell out $13,232 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.

Find out what solar panels cost in your area in 2025
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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:

  • Green Power Energy
    Annandale, 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
    432 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 the highest quality of... 
    Elite+ Installer
    Screened & Verified
    4.7 /5.0
    46 Reviews

    Infinity Energy is INSTALLER OF THE YEAR with an Elite + rating from EnergySage. We offer the highest quality of... 
  • Palmetto Solar
    Jackson Township, NJ
    Established 2009
    Elite Installer
    Palmetto is leading the world into a clean energy future by making it easy for homeowners across the United State... 
    Elite Installer
    Screened & Verified
    4.5 /5.0
    196 Reviews

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

    Learn why Exact Solar is Pennsylvania’s 2024 EnergySage Installer of the Year, as well as the official local inst... 
  • All Season Solar
    Galloway, NJ
    Established 2009
    Approved Installer
    All Season Solar is one of New Jersey’s largest solar installers, we have thousands of solar systems installed. W... 
    Approved Installer
    Screened & Verified
    4.2 /5.0
    20 Reviews

    All Season Solar is one of New Jersey’s largest solar installers, we have thousands of solar systems installed. W... 

Solar is a major purchase, but you can get the price tag to come down a bit by being an educated shopper. Taking advantage of incentives and rebates and shopping around for quotes can bring down your cost of solar in South Bound Brook, NJ.

Take advantage of federal and local solar incentives

As long as your federal tax bill is high enough, you can take advantage of the federal tax credit in South Bound Brook, NJ. This incentive allows you to apply 30% of your solar installation and equipment costs toward your federal tax bill. If the amount exceeds your tax bill, you can roll over the remaining credit to the following year. Many states also offer great local incentives and rebates.

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.

As of June 2025, the average solar panel cost in South Bound Brook, NJ is $2.65/W. If you install a 5 kW system it will cost you between $11,247 to $15,217, with an average cost of $13,232.

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