Solar Panel Cost Guide in Glastonbury, CT (2023 Update)
- Glastonbury Solar Installation Cost: $9,201
- 25-Year Savings: $17,819
- Payback Period: 8.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Glastonbury
Find out what the average cost of solar panels are in Glastonbury.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Glastonbury, the typical cost of solar panels is 2.8 per watt. Using this figure, a typical 4.7-kW system would cost about $9,192 before the 30% federal solar tax credit is applied.
These figures are only averages, and your own solar costs may look different based on the amount of energy your home requires and what company you choose to go with. With average savings of about $22,000 on power bills over 20 years, many homeowners in Glastonbury find going solar can pay off big.
For a customized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Glastonbury
| Year | Return on Investment |
|---|---|
| 1 years | $-7,357 |
| 3 years | $-3,669 |
| 5 years | $19 |
| 7 years | $3,707 |
| 9 years | $7,395 |
| 11 years | $11,083 |
| 13 years | $14,771 |
| 15 years | $18,459 |
| 17 years | $22,147 |
| 19 years | $25,835 |
| 21 years | $29,523 |
| 23 years | $33,211 |
| 25 years | $36,899 |
Top Solar Installers in Glastonbury
Many homeowners opt for a solar panel company since installing solar panels by yourself can be challenging. The expertise that solar installers offer can be invaluable as well, especially if you aren't sure what brand of solar equipment would be right for your home.
If you'd like to go solar but still aren't certain which solar company to go with, here are our recommendations 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
See all of the solar companies in Glastonbury
Factors that Affect Solar Panel Costs in Glastonbury
There are a number of criteria that can determine your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,800. There are several different solar panel brands and the one you pick also affects the cost. Usually, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you're looking to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for solar panels out of pocket is difficult, solar loans are a popular route because they decrease your upfront costs and allow you to pay for your system over five to seven years on average. While solar loans make adopting solar energy more accessible for Glastonbury homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar installer you go with to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar installation companies operating throughout Glastonbury, and each can charge different amounts for labor and equipment. Additionally, some companies in Glastonbury are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save 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 | $22,304 | 8.9 years |
| 8 kW | $2.86 | $15,994 | $30,052 | 8.7 years |
| 10 kW | $2.80 | $19,600 | $37,957 | 8.5 years |
| 12 kW | $2.74 | $23,050 | $46,019 | 8.3 years |
| 14 kW | $2.69 | $26,342 | $54,237 | 8.2 years |
| 16 kW | $2.63 | $29,478 | $62,613 | 8.0 years |
| 18 kW | $2.58 | $32,458 | $71,145 | 7.8 years |
| 20 kW | $2.52 | $35,280 | $79,834 | 7.7 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: The model of solar panel you want plays a part in which installer you should choose, since different companies offer different panels.
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years in most cases offer quality solar panel installation and expertise.
- Contract: Though 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 the terms of the warranty.
- Warranty: Each company may offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
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 Glastonbury, CT Solar Cost FAQs
What is the average cost of installing solar panels in Glastonbury?
The average cost of solar panels in Glastonbury 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 such as the kind of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Glastonbury?
A solar panel system isn't free in Glastonbury, 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.
How will installing solar panels impact my property value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Glastonbury is currently $352,606, so you can expect a value of about $14,457 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Glastonbury is a worthwhile investment.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to cover their typical energy usage.
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.