Solar Panel Cost Guide in Montville, CT (2024 Update)
- Montville Solar Installation Cost: $11,856
- 25-Year Savings: $33,086
- Payback Period: 10.5 Years
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Average Cost of Solar Panels in Montville
Here’s how much it might cost to make the switch to solar in Montville.
The national average cost of solar panels is $2.66 per watt, but in Montville it’s 4 per watt.The average solar panel system size in Montville is around 4.5 kilowatts, meaning a cost of about $11,856 for a solar installation, or $16,954 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Montville homeowners. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.With typical savings of about $24,000 on power bills over 20 years, many homeowners in Montville find installing solar panels has a decent ROI.
Click the button below to get connected to a top solar company in Montville for a customized estimate.
Solar savings over time in Montville
| Year | Return on Investment |
|---|---|
| 1 years | $-10,059 |
| 3 years | $-6,463 |
| 5 years | $-2,868 |
| 7 years | $728 |
| 9 years | $4,323 |
| 11 years | $7,918 |
| 13 years | $11,514 |
| 15 years | $15,109 |
| 17 years | $18,704 |
| 19 years | $22,300 |
| 21 years | $25,895 |
| 23 years | $29,491 |
| 25 years | $33,086 |
Top Solar Installers in Montville
Installing solar panels on your own can be a challenging task, which is why getting a solar installation company is a good option for many homeowners. Another good thing about choosing a vetted solar installer is that it'll usually provide warranties and free repairs, which help protect your solar system over time.
If you’d like to start using solar energy but still aren’t sure which solar panel company to go with, here are our recommendations for providers nearby:
Best National Provider
SunPower
- 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
- 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
See all of the solar companies in Montville
Factors that Affect Solar Panel Costs in Montville
Even though the average cost of a solar system in Montville is $11,856, your actual cost may differ. There are several factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
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 energy your household consumes, the larger your system will likely need to be. You can expect to pay around $3,750 per kilowatt in Montville.The brand and type of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a 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 limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar installers in Montville have solar loans, which reduce your upfront costs of installing a solar system.However, the interest on solar loans also adds to your overall costs, so it’s vital to include that in your estimate as well. You can always lower the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The solar panel installer you choose will impact your total cost to go solar. Different companies will bill different amounts for the equipment and labor.The company’s size can sometimes play the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices due to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount 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 | $21,080 | 10.9 years |
| 8 kW | $3.83 | $21,420 | $28,527 | 10.7 years |
| 10 kW | $3.75 | $26,250 | $36,184 | 10.5 years |
| 12 kW | $3.67 | $30,870 | $44,050 | 10.3 years |
| 14 kW | $3.60 | $35,280 | $52,127 | 10.1 years |
| 16 kW | $3.52 | $39,480 | $60,414 | 9.9 years |
| 18 kW | $3.45 | $43,470 | $68,910 | 9.7 years |
| 20 kW | $3.38 | $47,250 | $77,617 | 9.5 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Montville, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and energy efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
- Warranty: Many companies offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Your solar installer should have a sound 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 certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
- Installation Process: Make sure you’re on the same page with the installer in regard to how the installation process will go and what needs to be done before your solar system is installed, such as updating your electrical system or roof.
Best National Provider
SunPower
- 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
- 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
EcoWatch's Montville, CT Solar Cost FAQs
What is the average cost of installing solar panels in Montville?
The average cost of solar panels in Montville 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 stuff such as the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Montville?
You can’t get solar panels for free in Montville. 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 rather own your solar panels, you can finance them with a solar loan.
How much can I save on electricity bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $1,248.67 per year.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and how much 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 install between 20 and 35 panels to account for 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.