Solar Panel Cost Guide in Hebron, CT (2023 Update)
- Hebron Solar Installation Cost: $9,200
- 25-Year Savings: $18,283
- Payback Period: 8.4 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Hebron
Let's take a look at the average cost of solar in Hebron.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Hebron, the typical cost of a solar system is 2.8 per watt. Since a 4.7-kW system is needed to cover the energy costs of a typical home in Hebron, the average price of going solar will be about $9,192 after claiming the federal solar tax credit of 30%.
Bear in mind that the figures above are only estimates based on the average energy use of Hebron homeowners. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. Many homeowners find installing a solar system is a rewarding investment. The average homeowner in Hebron can save around $22,000 on their power bills over 20 years.
To get a free quote from a vetted solar company in Hebron, you can click the button below.
Solar savings over time in Hebron
| Year | Return on Investment |
|---|---|
| 1 years | $-9,109 |
| 3 years | $-8,926 |
| 5 years | $-8,742 |
| 7 years | $-8,559 |
| 9 years | $-8,376 |
| 11 years | $-8,193 |
| 13 years | $-8,009 |
| 15 years | $-7,826 |
| 17 years | $-7,643 |
| 19 years | $-7,460 |
| 21 years | $-7,277 |
| 23 years | $-7,093 |
| 25 years | $-6,910 |
Top Solar Installers in Hebron
When switching to solar energy, many homeowners choose to hire a solar company since putting up a solar system yourself can be a time-consuming project. Companies can also provide access to a large variety of the best solar panels and help you pick which one will be right for you.
If you're searching for a solar installer in Hebron, the EcoWatch team has organized a list of our top suggestions here:
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 Hebron
Factors that Affect Solar Panel Costs in Hebron
The cost of installing a solar system in Hebron can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the price of a solar energy system in Hebron, 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 usage, which you can determine by looking at past energy bills. Your overall cost can increase by around $2,800 for each additional kilowatt you need. The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
If paying for a solar system in cash is too expensive, solar loans are an affordable choice because they cut back your upfront costs and allow you to pay for your system over five to seven years on average. However, the interest on solar loans also adds to your all-in costs, so it's vital to keep that in mind as well. You can always lower the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you opt for to handle your switch to sustainable energy can play a part in your total costs. There are about 3 solar installation companies operating in Hebron, and each can charge varying amounts for labor and equipment. Larger national companies typically have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have 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 | $22,898 | 8.7 years |
| 8 kW | $2.86 | $15,994 | $30,845 | 8.5 years |
| 10 kW | $2.80 | $19,600 | $38,948 | 8.4 years |
| 12 kW | $2.74 | $23,050 | $47,208 | 8.2 years |
| 14 kW | $2.69 | $26,342 | $55,625 | 8.0 years |
| 16 kW | $2.63 | $29,478 | $64,198 | 7.9 years |
| 18 kW | $2.58 | $32,458 | $72,929 | 7.7 years |
| 20 kW | $2.52 | $35,280 | $81,816 | 7.5 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be done and how long it will take.
- Contract: Look through the contract terms thoroughly to make sure you understand the overall cost, completion timeline incentives and warranties.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose affects which solar panel brands you have access to.
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by previous 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 Hebron, CT Solar Cost FAQs
What is the average cost of installing solar panels in Hebron?
This is a tough question to answer precisely, because the cost depends on a few different 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 higher quality panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Hebron?
Leasing solar panels can be an attractive choice, as it usually comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better way to go if you want to maximize your savings.
Is it worth going solar in Hebron?
Solar panels can be a good investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already pretty low, solar panels might not be for you.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level 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.