Solar Panel Cost Guide in Killingly, CT (Sep 2022)

  • Killingly Solar Installation Cost: $9,153
  • 25-Year Savings: $17,866
  • Payback Period: 8.5 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Killingly

Find out how much it might cost to go solar in Killingly.

Although the national average of solar panels is $2.66 per watt, solar panels in Killingly generally cost around $3. Using this figure, a typical 4.7 would cost about $9,153 before the 30% federal solar tax credit is applied.

The true cost of your system can be above or below the average in Killingly depending on several factors, such as the model of solar panels you choose and the solar installer you hire. Many homeowners find going solar is a sound investment. The average homeowner in Killingly can save about $22,000 on their electricity bills over 20 years.

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

Solar savings over time in Killingly

Year Return on Investment
1 years $-8,072
3 years $-5,911
5 years $-3,749
7 years $-1,588
9 years $574
11 years $2,735
13 years $4,897
15 years $7,058
17 years $9,220
19 years $11,382
21 years $13,543
23 years $15,705
25 years $17,866

Top Solar Installers in Killingly

Installing solar panels on your own can be a challenging task, which is why hiring a solar installer is a good option for many homeowners. Companies can also provide access to various kinds of the best solar panels and help you pick which one will be right for your home.

There are various licensed solar professionals that can help you install your solar system. Here are our suggestions:

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 Technology

The Green Panel

★★★★★
4.5

  • 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 Killingly

Factors that Affect Solar Panel Costs in Killingly

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 performs the installation.

Solar Equipment Size

One of the most important 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 power your household uses, the larger your system will likely need to be. You can expect to pay around $2,800 per kilowatt in Killingly. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Killingly, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That's why many Killingly homeowners opt to finance their solar panel systems to make going solar more affordable. You'll have to consider the long-term cost of loans, including the amount of interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs remarkably.

Solar Panel Installation Company

The solar company you opt for to handle your switch to green energy can have an effect on your total costs. There are about 3 solar installation companies operating throughout Killingly, and each can charge different amounts for labor and equipment. Additionally, some companies in Killingly are more knowledgeable 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 $22,450 8.8 years
8 kW $2.86 $15,994 $30,247 8.6 years
10 kW $2.80 $19,600 $38,201 8.5 years
12 kW $2.74 $23,050 $46,311 8.3 years
14 kW $2.69 $26,342 $54,579 8.1 years
16 kW $2.63 $29,478 $63,003 8.0 years
18 kW $2.58 $32,458 $71,584 7.8 years
20 kW $2.52 $35,280 $80,322 7.6 years

Solar Incentives in Killingly

Name Sales and Use Tax Exemption for Solar and Geothermal Systems
Incentive Amount 100% exemption
More Info Click here

Name Residential Solar Investment Program
Website Visit here
More Info Click here

Name Connecticut Green Energy Building Solutions
Incentive Amount
Website Visit here
More Info Click here

Name Smart-E loans
Incentive Amount
Website Visit here
More Info Click here

Name Local Option - Property Tax Exemption for Renewable Energy Systems
Incentive Amount Local Option
More Info Click here

Name Property Tax Exemption for Renewable Energy Systems
More Info Click here

Name Sales and Use Tax Exemption for Energy-Efficient Products
Incentive Amount 100% exemption
More Info Click here

Name Energy Conservation Loan
Website Visit here
More Info Click here

Name The United Illuminating Company - Small ZREC Tariff
Website Visit here
More Info Click here

Name Eversource - Small ZREC Tariff
Website Visit here
More Info Click here

Name (Electric and Gas) Residential Rebate Program
Website Visit here
More Info Click here

Name Local Option - Residential Sustainable Energy Program
Incentive Amount Locally determined
Website Visit here
More Info Click here

Name Residential Renewable Energy Tax Credit
Website Visit here
More Info Click here

How to Save on Solar Panels

There are many companies to choose from in Killingly, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:

  • Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like the EcoWatch team.
  • Contract: It's important to look over your solar installer's contract fully to understand what services they will provide, what the warranty covers and what you can expect about your solar system's energy production.
  • Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
  • Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose affects which solar panel brands you have access to.

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 Technology

The Green Panel

★★★★★
4.5

  • 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 Killingly, CT Solar Cost FAQs

What is the average cost of installing solar panels in Killingly?

The average cost of solar panels in Killingly 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 kind of solar panels you want, what size system you need and how much energy you consume.

Is cost the most important consideration when buying solar panels?

Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.

Does Killingly have a net metering program?

Most states have net metering programs of some kind. Through these, you can be compensated for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.

How many solar panels should I get to power my home?

The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can 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 buy 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.

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