Solar Panel Cost Guide in Cheshire Village, CT (Dec 2022)

  • Cheshire Village Solar Installation Cost: $8,879
  • 25-Year Savings: $20,112
  • Payback Period: 7.7 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Cheshire Village

Here's how much it might cost to make the switch to solar in Cheshire Village.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Cheshire Village, the average cost of solar panels is $3 per watt. The average Cheshire Village homeowner needs a 4.5-kilowatt system, which would cost about $8,879, or $6,570 after the federal solar tax credit of 30% is applied.

These figures are just averages, and the cost of going solar for you will most likely vary based on your specific situation and what company you want to go with. For many homeowners, the upfront cost of solar panels is worth paying. On average Cheshire Village homeowners see about $24,000 in savings on electricity bills over 20 years.

To calculate your potential ROI and connect with a local solar expert, click the button below.

Solar savings over time in Cheshire Village

Year Return on Investment
1 years $-7,719
3 years $-5,400
5 years $-3,081
7 years $-761
9 years $1,558
11 years $3,877
13 years $6,196
15 years $8,516
17 years $10,835
19 years $13,154
21 years $15,473
23 years $17,792
25 years $20,112

Top Solar Installers in Cheshire Village

Many homeowners opt for a solar installer since trying to install solar panels yourself can be a lot of work. Also, companies with an outstanding reputation that are more expensive upfront could actually save you money in the long term due to their warranties, repair services and expert design.

Working with a professional solar installer can help you make the most of your investment in solar. Here are our recommendations:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 Cheshire Village

Factors that Affect Solar Panel Costs in Cheshire Village

While the average cost of a solar system in Cheshire Village is $8,879, your actual cost may be above or below the average. There are several factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more crucial things to consider.

Solar Equipment

One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to spend around $2,800 per kilowatt in Cheshire Village. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your electric bills. In addition, add-on products, like solar batteries, can bump up your total well above the Cheshire Village average.

Solar Financing Terms

Solar panels can save you money on power bills over many years, but they can also be a big investment. That's why many Cheshire Village homeowners opt to finance their solar panel systems to offset upfront costs. However, the interest on solar loans also increases your overall costs, so it's important to take that into consideration as well. You can always bring down the total you pay in interest and in some cases even your APR by making a larger down payment.

Solar Panel Installation Company

Lastly, the company you choose to install your solar panel system can impact how much you pay. Cheshire Village's solar companies all have different labor costs and add varying upcharges to equipment. You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.

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 $26,189 8.0 years
8 kW $2.86 $15,994 $35,232 7.8 years
10 kW $2.80 $19,600 $44,432 7.7 years
12 kW $2.74 $23,050 $53,789 7.5 years
14 kW $2.69 $26,342 $63,302 7.3 years
16 kW $2.63 $29,478 $72,973 7.2 years
18 kW $2.58 $32,458 $82,800 7.0 years
20 kW $2.52 $35,280 $92,784 6.9 years

How to Save on Solar Panels

There are a large number of companies to choose from in Cheshire Village, 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: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to install your solar system. Another way you can look into your installer's reputation is by reading reviews.
  • Contract: It's important to read through your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
  • Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be done and how long it will take.
  • Solar Panel Brands: Different companies offer various brands and kinds of panels. If you know you want a specific brand, make sure the solar installer you're considering has it.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

Tesla Energy

★★★★★
4.5

  • 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 Cheshire Village, CT Solar Cost FAQs

What is the average cost of installing solar panels in Cheshire Village?

The average cost of solar panels in Cheshire Village is about $14,000 for a 5-kW system and $28,000 for a 10-kW system before the ITC, but the real cost will depend on things like the kind of solar panels you want, what size system you need and how much energy you consume.

What other factors should I consider other than cost when buying solar panels?

Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.

Do solar panels increase the value of your home?

Solar panels can increase your property's value considerably as long as you buy or finance your panels and don't opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."

How long do solar panels last in Cheshire Village?

Even though 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 their energy production will have decreased significantly after that point. You can decide to 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.

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.

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