Solar Panel Cost Guide in Easton, CT (2023 Update)
- Easton Solar Installation Cost: $8,773
- 25-Year Savings: $21,587
- Payback Period: 7.2 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Easton
Let's take a look at the average cost of solar panels in Easton.
The national average cost of solar panels is $2.66 per watt, but in Easton it's 2.8 per watt. Using this figure, a typical 4.5-kW system would cost about $8,781 before the 30% federal solar tax credit is applied.
These figures are only estimates, and your own solar costs will vary based on your specific situation and what company you want to go with. With typical savings of about $26,000 on electricity bills over 20 years, many homeowners in Easton find investing in solar can pay off big.
To receive a free estimate from a vetted solar installation company in Easton, you can click the button below.
Solar savings over time in Easton
| Year | Return on Investment |
|---|---|
| 1 years | $-6,929 |
| 3 years | $-3,241 |
| 5 years | $447 |
| 7 years | $4,135 |
| 9 years | $7,823 |
| 11 years | $11,511 |
| 13 years | $15,199 |
| 15 years | $18,887 |
| 17 years | $22,575 |
| 19 years | $26,263 |
| 21 years | $29,951 |
| 23 years | $33,639 |
| 25 years | $37,327 |
Top Solar Installers in Easton
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Hiring a solar company can make your switch to solar power much easier. A solar installer can also help save you money over the lifespan of your system by providing warranties, repairs and part replacements.
Working with a vetted solar company can make going solar easier. 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
See all of the solar companies in Easton
Factors that Affect Solar Panel Costs in Easton
There are several criteria that can affect your 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, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $2,800. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for 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 over time on your power bills. Additionally, extra products, such as solar batteries, can bring your total well above the Easton average.
Solar Financing Terms
Most solar installers in Easton provide solar loans, which reduce the initial cost of installing solar panels. When estimating your overall cost, you should also calculate the interest you'll pay if you 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 factor to consider when trying to figure out the cost of solar for your home or business in Easton is the company you hire to install your PV system. Similar to choosing a company to install new cabinets, for example, there's no shortage of solar installers that provide a range of services at different costs. You may see national solar installers that have lower prices because of their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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
The solar company you opt for will affect not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should keep in mind, including:
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. Although there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you peruse their list of offerings before making your decision.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be done and what the project timeline is.
- Contract: Although reading through a contract can take a lot of time, it's important to do it thoroughly so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like EcoWatch.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Easton, CT Solar Cost FAQs
How much does it cost to install solar panels in Easton?
This is a difficult question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $14,000 for a 5-kW system and $28,000 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or more efficient panels, or if you have above-average energy consumption. Conversely, you can spend less if you want a smaller solar panel system or less efficient 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.