Solar Panel Cost Guide in Heritage Village, CT (2023 Update)

  • Heritage Village Solar Installation Cost: $8,879
  • 25-Year Savings: $18,141
  • Payback Period: 8.2 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated May 04, 2023

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Heritage Village

Find out what the average cost of a solar system is in Heritage Village.

In Heritage Village, solar panels cost about 2.8 per watt on average. Using this figure, a typical 4.5-kW system would cost about $8,879 before the 30% federal solar tax credit is applied.

Keep in mind that the numbers above are only averages. The price you'll pay for solar will differ based on your household energy use, the type of solar panels you choose, your solar contractor and more. But, once you've paid the initial cost of installation, the return on investment for most homeowners is typically fruitful, with a net average savings of about $23,000 over 20 years on energy bills.

You can click the button below to get connected with a pre-vetted solar company in Heritage Village that can help you get a more accurate cost estimate for your home.

Solar savings over time in Heritage Village

Year Return on Investment
1 years $-7,798
3 years $-5,636
5 years $-3,475
7 years $-1,313
9 years $848
11 years $3,010
13 years $5,171
15 years $7,333
17 years $9,494
19 years $11,656
21 years $13,818
23 years $15,979
25 years $18,141

Top Solar Installers in Heritage Village

Many homeowners opt for a solar installer since trying to install solar panels on your own can be a labor-intensive endeavor. Also, if you'd like to maximize your investment in solar energy, going with a solar company can help with that as well. Different providers can offer repairs, expertise on solar panel installation and sometimes even information on local incentives.

If you'd like to start using solar energy but still aren't certain which solar system company to go with, here are our recommendations for providers in Heritage Village:

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 for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

See all of the solar companies in Heritage Village

Factors that Affect Solar Panel Costs in Heritage Village

There are several 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 installs your solar panels.

Solar Equipment

The size of the solar energy system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,800. The brand and type of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.

Solar Financing Terms

If paying for a solar system in cash is difficult, solar loans are a popular route because they cut back your upfront costs and let you pay for your system over a term of, on average, between five and seven years. However, the interest on solar loans also increases your total costs, so it's important to keep that in mind as well. You can always bring down the total you pay in interest and in some cases even your APR by putting more money down.

Solar Panel Installation Company

A final consideration when trying to estimate the cost of solar for your home or business in Heritage Village is the company you hire to install your PV system. Similar to choosing a company to install new cabinets, for instance, you'll have many options for solar installers that provide a range of services for different budgets. Larger national companies usually have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle 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 $23,577 8.5 years
8 kW $2.86 $15,994 $31,750 8.4 years
10 kW $2.80 $19,600 $40,079 8.2 years
12 kW $2.74 $23,050 $48,565 8.0 years
14 kW $2.69 $26,342 $57,208 7.9 years
16 kW $2.63 $29,478 $66,008 7.7 years
18 kW $2.58 $32,458 $74,964 7.6 years
20 kW $2.52 $35,280 $84,078 7.4 years

How to Save on Solar Panels

There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:

  • Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
  • Reputation: Solar installers that have great reviews from their customers and that have been in business for many years in most cases offer good-quality solar panel installation and expertise.
  • Contract: When reading over your solar company's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
  • Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. Even though there are many options for which model 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 ask for their list of offerings before making your decision.

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 for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

EcoWatch's Heritage Village, CT Solar Cost FAQs

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

The average cost of solar panels in Heritage 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 stuff such as the model of solar panels you want, what size system you need and how much energy you use.

Are solar panels free in Heritage Village?

You can't get solar panels for free in Heritage Village. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.

Is it worth going solar in Heritage Village?

Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and how much direct sunlight your roof gets.

How many solar panels do I need to power my home?

To figure out what solar panel system size you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.

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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