Solar Panel Cost Guide in Bridgeport, CT (Oct 2022)
- Bridgeport Solar Installation Cost: $8,781
- 25-Year Savings: $24,084
- Payback Period: 6.7 Years
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Updated 9/16/2022
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Average Cost of Solar Panels in Bridgeport
Find out what the average cost of solar panel installation is in Bridgeport.
In Bridgeport, solar panels cost about $3 per watt on average. The average Bridgeport homeowner needs a 4.5-kilowatt system, which would cost about $8,781, or $6,498 after the federal solar tax credit of 30% is applied.
The true price you pay can go higher or lower than the average in Bridgeport based on a few factors, such as the kind of solar panels you choose and the solar company you hire. Even with the significant upfront cost, the average Bridgeport homeowner can save around $28,000 on their energy bills over 20 years, which is one of the positives of solar.
You can click the button below to get connected with a pre-vetted solar company in Bridgeport for a quote for your home.
Solar savings over time in Bridgeport
| Year | Return on Investment |
|---|---|
| 1 years | $-7,466 |
| 3 years | $-4,837 |
| 5 years | $-2,208 |
| 7 years | $421 |
| 9 years | $3,051 |
| 11 years | $5,680 |
| 13 years | $8,309 |
| 15 years | $10,938 |
| 17 years | $13,567 |
| 19 years | $16,196 |
| 21 years | $18,826 |
| 23 years | $21,455 |
| 25 years | $24,084 |
Top Solar Installers in Bridgeport
Trying to install solar panels on your own can be a difficult project, which is why using a solar installer is a good option for many homeowners. Plus, if you're not certain what kind of solar panels and equipment you want, a solar company can help you figure that out after a site survey and consultation.
If you'd like to switch to solar energy but still aren't sure which solar system installer to go with, here are our suggestions for providers near you:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Bridgeport
Factors that Affect Solar Panel Costs in Bridgeport
The cost of installing a solar system in Bridgeport can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the cost of solar panels in Bridgeport, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy consumption, which you can gauge by looking at past power bills. Your overall cost can increase by around $2,800 for each additional kilowatt you need. The kind of solar panels and equipment you get is another factor that will considerably affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Further, solar equipment goes beyond just the solar panels themselves. You'll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking into a solar system that's in your budget.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are available from most installers in Bridgeport, which can reduce, or in some cases eliminate, your upfront costs to make solar more affordable. When estimating your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Bridgeport is the company you hire to install your solar panel system. As with choosing a company to install new cabinets, for instance, you'll have no shortage of solar installers that provide a range of services at different price points. Larger national companies usually have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.91 | $12,230 | $31,826 | 6.9 years |
| 8 kW | $2.86 | $15,994 | $42,748 | 6.8 years |
| 10 kW | $2.80 | $19,600 | $53,827 | 6.7 years |
| 12 kW | $2.74 | $23,050 | $65,063 | 6.5 years |
| 14 kW | $2.69 | $26,342 | $76,455 | 6.4 years |
| 16 kW | $2.63 | $29,478 | $88,005 | 6.3 years |
| 18 kW | $2.58 | $32,458 | $99,711 | 6.1 years |
| 20 kW | $2.52 | $35,280 | $111,574 | 6.0 years |
How to Save on Solar Panels
There are a lot of companies available in Bridgeport, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Reputation: Companies that have been operating for many years likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: The type of solar panel you want to install plays a part in which company you should go with, since different companies have access to different panels.
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Before you sign a contract with a solar installer, make sure you read it through fully so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Bridgeport, CT Solar Cost FAQs
How much does it cost to install solar panels in Bridgeport?
This is a hard question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $14,000 for a 5-kW system and $28,000 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Bridgeport?
A solar panel system isn't free in Bridgeport, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Can solar panels completely eradicate my electricity bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Bridgeport, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.
