Solar Panel Cost Guide in Easton, CT (Mar 2023)
- Easton Solar Installation Cost: $8,781
- 25-Year Savings: $21,579
- Payback Period: 7.2 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Easton
We go over average solar pricing in Easton.
The national average cost of solar panels is $2.66 per watt, but in Easton it's 2.8 per watt. To cover the typical energy usage of the average home in Easton, most homeowners require a 4.5-kilowatt system. Using the per-watt figure above, a solar installation costs around $8,781, or $12,557 before the federal solar tax credit of 30% is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The true cost of making the switch to solar can vary quite a bit based on several factors, such as what size system you need, your energy consumption and what solar installer you go with. Many homeowners find adopting solar power is a rewarding investment. The average homeowner in Easton can save about $26,000 on their energy bills over 20 years.
To calculate your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Easton
| Year | Return on Investment |
|---|---|
| 1 years | $-7,566 |
| 3 years | $-5,138 |
| 5 years | $-2,709 |
| 7 years | $-280 |
| 9 years | $2,149 |
| 11 years | $4,577 |
| 13 years | $7,006 |
| 15 years | $9,435 |
| 17 years | $11,864 |
| 19 years | $14,293 |
| 21 years | $16,721 |
| 23 years | $19,150 |
| 25 years | $21,579 |
Top Solar Installers in Easton
When switching to solar energy, many homeowners choose to use a solar company since DIY solar panel installation can be a time-consuming project. Plus, if you're not certain what brand of solar panels and equipment you need, a solar company can help you figure that out after a site survey and consultation.
Working with a licensed solar company can help you make the most of your investment in solar. Here are our recommendations:
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 Easton
Factors that Affect Solar Panel Costs in Easton
The cost of installing a solar system in Easton can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is the size of the system your household needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to pay around $2,800 per kilowatt in Easton. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your power bills. In addition, add-on products, like solar batteries, can bump up your total well above the Easton average.
Solar Financing Terms
Many homeowners find the average cost of solar in Easton to be too expensive, even if the investment pays off over time. Thankfully, almost every solar company in the area provides financing options. Solar loans remarkably decrease upfront costs in most cases, but they also result in higher prices over time due to interest. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you choose to go with 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 evaluate the cost of solar for your home or business in Easton is the company you hire to install your solar system. Similar to choosing a company to install new cabinets, for example, there are plenty of solar installers that offer a range of services for different budgets. Additionally, some companies in Easton have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, 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 | $2.91 | $12,230 | $28,468 | 7.5 years |
| 8 kW | $2.86 | $15,994 | $38,270 | 7.4 years |
| 10 kW | $2.80 | $19,600 | $48,230 | 7.2 years |
| 12 kW | $2.74 | $23,050 | $58,346 | 7.1 years |
| 14 kW | $2.69 | $26,342 | $68,620 | 6.9 years |
| 16 kW | $2.63 | $29,478 | $79,050 | 6.8 years |
| 18 kW | $2.58 | $32,458 | $89,636 | 6.6 years |
| 20 kW | $2.52 | $35,280 | $100,380 | 6.5 years |
How to Save on Solar Panels
There are a lot of companies available in Easton, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Installation Process: When going solar, it's crucial to maintain an open line of communication with your solar installer. See to it that you understand how the installation process will go and the project completion timeline.
- Solar Panel Brands: Different companies will have various brands and types of panels. If you want a specific brand, make sure the solar installer you're considering has it.
- Contract: When looking through your solar installer's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
- Reputation: Companies that have been operating for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
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 Easton, CT Solar Cost FAQs
What is the average cost of installing solar panels in Easton?
This is a hard question to answer precisely, because the cost depends on many 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 cost more if you want extra solar equipment or more efficient panels, or if you have above-average energy consumption. On the flip side, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
What other factors should I consider in addition to cost when buying solar panels?
Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Easton?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future electricity bills.
How long do solar panels last in Easton?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.