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Is $16,555 to install SEG Yukon N 430W solar panels with Enphase IQ8MC microinverters a fair price?

Project Details

I'm considering Company 1 seriously and am looking for thoughts on the overall quotes, specifically whether to choose between SEG and REC panels. My roof is partly shaded and would accommodate 14-17 panels, leading to an estimated annual kWh production of 950x to 1000x, covering about 60-70% of my energy needs. I anticipate a payback period of around 7 years after the ITC. I don't fully understand the practical differences between the microinverters, but I've learned that the clipping difference between IQ8A and IQHM is small (0.5% vs 2% max), resulting in only a 120-200 kWh annual difference. The price difference per inverter is about $20, so it could be a worthwhile upgrade if I have extra cash. I've already signed with one of the companies and will decide on the specific panels after the site survey, choosing what fits best for maximum system size. I'm comfortable with both options, though REC is definitely top-notch.

Quote Details

This quote from Company 1 is for a solar panel installation. - Panel Type: SEG Yukon N 430W - Microinverter: Enphase IQ8MC - Price per watt (PPW): $2.75 - Estimated System Size: 6.02 kW (based on 14 panels) - Included Services: In-house work, roofing if needed

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More Details

Category

Solar

Price

$16,555

Quote Date

October 1, 2025

Location

New Jersey

Battery Storage?

No

# of Panels

14

System Size (kW)

6.02

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