Solar Panel Cost Guide in Ledyard, CT (2024 Update)

  • Ledyard Solar Installation Cost: $11,856
  • 25-Year Savings: $18,386
  • Payback Period: 10.9 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

Why you can trust EcoWatch

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 Ledyard

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

Although the national average of solar panels is $2.66 per watt, solar panels in Ledyard generally cost about 4.Using this figure, a typical 4.5-kW system would cost about $11,856 before the 0 federal solar tax credit is applied.

The true price you pay can go above or below the average in Ledyard depending on a variety of factors, such as the model of solar panels you choose and the solar company you hire.With typical savings of about $23,000 on utility bills over 20 years, many homeowners in Ledyard find installing solar panels can pay off big.

To calculate your potential savings and connect with a local solar installer, click the button below.

Solar savings over time in Ledyard

Year Return on Investment
1 years $-10,012
3 years $-6,324
5 years $-2,636
7 years $1,052
9 years $4,740
11 years $8,428
13 years $12,116
15 years $15,804
17 years $19,492
19 years $23,180
21 years $26,868
23 years $30,556
25 years $34,244

Top Solar Installers in Ledyard

Although you can install solar panels yourself, it involves extra labor and expertise. That's why most people choose a solar panel installer. Local solar installation companies can also help you optimize your return on investment by assisting with any local incentives and by offering warranties and repairs.

If you’d like to start using solar energy but still aren’t certain which solar system installer to go with, here are our suggestions for providers near you:

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 Ledyard

Factors that Affect Solar Panel Costs in Ledyard

For many Ledyard homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in Ledyard, with typical prices between $20,000 to $40,000. There are numerous factors that significantly influence the price you’ll pay, which we'll go over below.

Solar Equipment

When it comes to estimating the cost of a solar panel system in Ledyard, 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 consumption, which you can figure out by looking at past power bills. Your overall cost can increase by about $3,750 for each additional kilowatt you need.The brand and kind of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price 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 can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.

Solar Financing Terms

Most solar installers in Ledyard provide solar loans, which reduce your upfront costs of installing a solar system.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying a higher down payment can lower the total interest paid over time.

Solar Panel Installation Company

The remaining significant cost factor you should consider is the installer you choose. Given the booming popularity of clean energy solutions in Ledyard, you’ll have many options to choose from, but each comes at different price points for labor and equipment.Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and find a company that provides the products, warranties and services you’re looking for and also fits within your budget.

Solar Panel Cost Data by System Size

System size Cost per system watt Solar system cost 25-Year savings Payback period
6 kW $3.90 $16,380 $19,805 11.3 years
8 kW $3.83 $21,420 $26,826 11.1 years
10 kW $3.75 $26,250 $34,058 10.9 years
12 kW $3.67 $30,870 $41,499 10.7 years
14 kW $3.60 $35,280 $49,151 10.4 years
16 kW $3.52 $39,480 $57,013 10.2 years
18 kW $3.45 $43,470 $65,084 10.0 years
20 kW $3.38 $47,250 $73,366 9.8 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 pick the right company for you, here are some tips to keep in mind:

  • Solar Panel Brands: Different companies offer various brands and models of panels. If you prefer a specific brand, make sure the solar company you’re considering has it.
  • Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
  • Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years most likely offer quality solar panel installation and expertise.
  • Warranty: Warranties that provide coverage for panel repairs and maintenance over around 25 years are the best you can get in the business, and offering that kind of warranty is one mark of a quality company.

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 Ledyard, CT Solar Cost FAQs

How much does it cost to install solar panels in Ledyard?

The average cost of solar panels in Ledyard is about $18,750 for a 5-kW system and $37,500 for a 10-kW system before the ITC, but the actual 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.

What other factors should I consider other than cost when buying solar panels?

The upfront cost is a very important factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.

Is it worth going solar in Ledyard?

Solar panels can be a beneficial investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already reasonably low, solar panels might not be for you.

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

To figure out how many solar panels you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally 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.

Follow us