Solar Panel Cost Guide in Moosup, CT (2023 Update)
- Moosup Solar Installation Cost: $9,162
- 25-Year Savings: $17,857
- Payback Period: 8.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Moosup
Here's how much it might cost to go solar in Moosup.
The national average cost of solar panels is $2.66 per watt, but in Moosup it's 2.8 per watt. Because a 4.7-kW system is needed to cover the energy consumption of a typical home in Moosup, the average price of going solar will be about $9,153 after claiming the federal solar tax credit of 30%.
The true cost of your system can go above or below the average in Moosup depending on a variety of factors, such as the model of solar panels you choose and the solar company you hire. Despite the significant initial cost, the average Moosup homeowner can save about $22,000 on their power bills over 20 years, which is one of the benefits of solar.
You can click the button below to get connected with a top solar installer in Moosup for a quote for your home.
Solar savings over time in Moosup
| Year | Return on Investment |
|---|---|
| 1 years | $-7,318 |
| 3 years | $-3,630 |
| 5 years | $58 |
| 7 years | $3,746 |
| 9 years | $7,434 |
| 11 years | $11,122 |
| 13 years | $14,810 |
| 15 years | $18,498 |
| 17 years | $22,186 |
| 19 years | $25,874 |
| 21 years | $29,562 |
| 23 years | $33,250 |
| 25 years | $36,938 |
Top Solar Installers in Moosup
Installing solar panels by yourself can be a challenging task, which is why hiring a solar installer is a good option for many homeowners. Also, if you'd like to maximize your investment in solar power, using a solar installer can help with that too. Different providers can offer warranties, expertise on how to install solar panels and sometimes even information on local incentives, rebates and net metering programs.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Moosup
Factors that Affect Solar Panel Costs in Moosup
Cost is usually one of the most important factors for homeowners considering investing in solar. There are a few major factors that determine your overall cost in Moosup: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels 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 about $2,800 per kilowatt in Moosup. The brand and type of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag 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 can expect 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
Solar panels can save you money on power bills over time, but they can also be a big investment. That's why many Moosup homeowners choose to finance their solar panel systems to make going solar more affordable. It's a good idea to include the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
The solar installation company you choose will influence your total cost to go solar. Different companies will charge different amounts for the equipment and labor. Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and find a company that offers 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 | $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 |
How to Save on Solar Panels
Since the model of solar panels and the company you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: When reading over your solar company's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios like a system component breaking or the company going out of business.
- Warranty: If you care about the endurance of your solar panel system, checking if your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Solar Panel Brands: The brand of solar panel you'd like to get plays a part in which company you should choose, since different companies have access to different panels.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to do the job well. Another way you can look into your installer's reputation is by reading reviews.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Moosup, CT Solar Cost FAQs
How much does it cost to install solar panels in Moosup?
The average cost of solar panels in Moosup 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 like the model of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Moosup?
You can't get solar panels for free in Moosup. 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 Moosup?
Solar panels can be a fruitful investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already fairly low, solar panels might not be for you.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can opt to replace them after having them for that long or you can continue to use them at a lower efficiency.
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.