Solar Panel Cost Guide in Litchfield, CT (2024 Update)
- Litchfield Solar Installation Cost: $12,323
- 25-Year Savings: $17,819
- Payback Period: 11.4 Years
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Average Cost of Solar Panels in Litchfield
Find out what the average cost of installing solar panels is in Litchfield.
The average cost of a solar system in Litchfield is 4 per watt.Since a 4.7-kW system is needed to cover the energy consumption of a typical home in Litchfield, the average price of going solar will be about $12,323 after claiming the federal solar tax credit of 0.
The true cost of your system can go above or below the average in Litchfield depending on a variety of factors, such as the type of solar panels you choose and the solar contractor you hire.With average savings of about $22,000 on utility bills over 20 years, many homeowners in Litchfield find going solar can pay off big.
Click the button below to get connected to a top solar panel company in your area for a personalized estimate.
Solar savings over time in Litchfield
Year | Return on Investment |
---|---|
1 years | $-10,479 |
3 years | $-6,791 |
5 years | $-3,103 |
7 years | $585 |
9 years | $4,273 |
11 years | $7,961 |
13 years | $11,649 |
15 years | $15,337 |
17 years | $19,025 |
19 years | $22,713 |
21 years | $26,401 |
23 years | $30,089 |
25 years | $33,777 |
Top Solar Installers in Litchfield
Many homeowners choose to use a solar panel installer since trying to install solar panels yourself can be hard. A solar company can also help save you money over time by offering warranties, repairs and component replacements.
If you’d like to make the switch to solar but still aren’t certain which solar system installer 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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Litchfield
Factors that Affect Solar Panel Costs in Litchfield
The cost of installing a solar system in Litchfield can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
When it comes to estimating the cost of solar panels in Litchfield, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy consumption, which you can figure out by looking at past electricity bills. Your overall cost can increase by about $3,750 for each additional kilowatt you need.The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your energy bills. In addition, add-on products, like solar batteries, can bump up your total well above the Litchfield average.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a significant investment. That’s why many Litchfield homeowners decide to finance their solar panel systems to offset upfront costs.Though solar loans make switching to solar energy more accessible for Litchfield homeowners, they can also raise the total you pay for your system due to interest. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The last key cost factor you should keep in mind is the installer you choose. Given the booming popularity of sustainable energy solutions in Litchfield, you’ll have a great number of options to choose from, but each comes at varying price points for labor and equipment.The size of the company can sometimes play the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger companies.
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 | $18,154 | 11.9 years |
8 kW | $3.83 | $21,420 | $24,626 | 11.6 years |
10 kW | $3.75 | $26,250 | $31,307 | 11.4 years |
12 kW | $3.67 | $30,870 | $38,199 | 11.2 years |
14 kW | $3.60 | $35,280 | $45,300 | 10.9 years |
16 kW | $3.52 | $39,480 | $52,612 | 10.7 years |
18 kW | $3.45 | $43,470 | $60,133 | 10.5 years |
20 kW | $3.38 | $47,250 | $67,865 | 10.3 years |
How to Save on Solar Panels
The solar company you opt for will influence not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should keep in mind, including:
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Although reading through a contract can be tedious, it’s important to do it fully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Reputation: Your solar installer should have a solid reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you opt for.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Litchfield, CT Solar Cost FAQs
How much does it cost to install solar panels in Litchfield?
The average cost of solar panels in Litchfield is about $18,750 for a 5-kW system and $37,500 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Litchfield?
You can’t get solar panels for free in Litchfield. 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 want to own your solar panels, you can finance them with a solar loan.
Can you sell solar power back to the grid in Litchfield?
Most states offer net metering programs of some kind. Through these, you can get paid for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and the amount of 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 install 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.