Solar Panel Cost Guide in Bolton, CT (2025 Update)
- Bolton Solar Installation Cost: $12,322
- 25-Year Savings: $17,819
- Payback Period: 11.4 Years
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Average Cost of Solar Panels in Bolton
Here’s how much it might cost to switch to solar power in Bolton.
Although the national average of solar panels is $2.66 per watt, solar panels in Bolton typically cost around 4.Because a 4.7-kW system is needed to cover the energy consumption of a typical home in Bolton, the average price of going solar will be about $12,322 after claiming the federal solar tax credit of 0.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy needs, the type of equipment you want, your solar contractor and more.Even with the large initial cost, the average Bolton homeowner can save about $22,000 on their electricity bills over 20 years, which is one of the positives of solar.
Click the button below to get connected to a top solar company in your area for a custom quote.
Solar savings over time in Bolton
Year | Return on Investment |
---|---|
1 years | $-10,478 |
3 years | $-6,790 |
5 years | $-3,102 |
7 years | $586 |
9 years | $4,274 |
11 years | $7,962 |
13 years | $11,650 |
15 years | $15,338 |
17 years | $19,026 |
19 years | $22,714 |
21 years | $26,402 |
23 years | $30,090 |
25 years | $33,778 |
Top Solar Installers in Bolton
Putting up solar panels on your own can be a stressful project, which is why hiring a solar installer is a good option for many homeowners. Because solar panels are exposed to rain, snow, hail and wind, depending on the climate, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
You can get a free quote from a local solar installer on how much your investment in solar could cost for your home. Here are some nearby:
See all of the solar companies in Bolton
Factors that Affect Solar Panel Costs in Bolton
There are several criteria that can affect your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
The size of the solar panel system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $3,750. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Bolton, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Bolton to be too expensive, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides access to financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also result in paying more over time due to interest.Although solar loans make going solar more accessible for Bolton homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Bolton is the company you get to install your PV system. As with choosing a company to install new cabinets, for instance, there are plenty of solar installers that offer a range of services at different costs.Additionally, some companies in Bolton know more about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.
Solar Panel Cost Data by System Size
System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
---|---|---|---|---|
6 kW | $3.90 | $16,380 | $18,156 | 11.9 years |
8 kW | $3.83 | $21,420 | $24,629 | 11.6 years |
10 kW | $3.75 | $26,250 | $31,311 | 11.4 years |
12 kW | $3.67 | $30,870 | $38,203 | 11.2 years |
14 kW | $3.60 | $35,280 | $45,305 | 10.9 years |
16 kW | $3.52 | $39,480 | $52,617 | 10.7 years |
18 kW | $3.45 | $43,470 | $60,139 | 10.5 years |
20 kW | $3.38 | $47,250 | $67,872 | 10.3 years |
How to Save on Solar Panels
Since the type of solar panels and the installation company you choose has an impact on your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: Though reading through a contract can take a lot of time, it’s important to do it carefully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should secure and how long the project will take.
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you opt for.
- Warranty: Companies typically offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
EcoWatch's Bolton, CT Solar Cost FAQs
What is the average cost of installing solar panels in Bolton?
The average cost of solar panels in Bolton is about $18,750 for a 5-kW system and $37,500 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the model of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Bolton?
A solar panel system isn’t free in Bolton, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Does Bolton have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future utility bills.
How long do solar panels last in Bolton?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is how much energy they produce will have decreased significantly after that point. You can replace them once you've had them for that long or you can keep using them at a lower efficiency.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.