Solar Panel Cost Guide in North Haven, CT (Mar 2023)
- North Haven Solar Installation Cost: $8,879
- 25-Year Savings: $21,457
- Payback Period: 7.3 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in North Haven
Let's take a look at the average cost of solar panels in North Haven.
The national average cost of solar panels is $2.66 per watt, but in North Haven it's 2.8 per watt. The average North Haven homeowner needs a 4.5-kilowatt system, which would cost about $8,879 with the federal tax credit, or $12,697 before the 30% tax credit is applied.
These figures are just estimates, and how much solar costs for you will most likely look different based on your energy needs and what company you want to go with. Many homeowners find installing a solar panel system is a solid investment. The average homeowner in North Haven can save around $25,000 on their electricity bills over 20 years.
For a free quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in North Haven
| Year | Return on Investment |
|---|---|
| 1 years | $-7,665 |
| 3 years | $-5,238 |
| 5 years | $-2,812 |
| 7 years | $-385 |
| 9 years | $2,042 |
| 11 years | $4,469 |
| 13 years | $6,896 |
| 15 years | $9,323 |
| 17 years | $11,750 |
| 19 years | $14,177 |
| 21 years | $16,603 |
| 23 years | $19,030 |
| 25 years | $21,457 |
Top Solar Installers in North Haven
Many homeowners opt for a solar panel installer since trying to put up solar panels yourself can be a lot of work. A solar company can also help save you money over time by offering warranties, repairs and system component replacements.
If you're looking for a solar installer in North Haven, we've put together a list of our top suggestions here:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- 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 North Haven
Factors that Affect Solar Panel Costs in North Haven
While the average cost of a solar system in North Haven is $8,879, your final cost may differ. There are several factors that can have a major impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.
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 electricity your household uses, the larger your system will likely need to be. You can expect to spend about $2,800 per kilowatt in North Haven. There are many different solar panel brands and the one you choose also changes the cost. In general, the brands that have better efficiency tend to also be more expensive. Plus, the type of equipment you're looking to get can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
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 North Haven homeowners opt to finance their solar panel systems to offset upfront costs. You'll have to consider the long-term cost of loans, including the total 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 above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
The solar panel installer you select will influence your total cost to go solar. Different companies will charge different amounts for the equipment and labor. Larger national companies usually have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric car charger installation, they might be cheaper overall.
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 | $27,972 | 7.6 years |
| 8 kW | $2.86 | $15,994 | $37,610 | 7.5 years |
| 10 kW | $2.80 | $19,600 | $47,404 | 7.3 years |
| 12 kW | $2.74 | $23,050 | $57,355 | 7.2 years |
| 14 kW | $2.69 | $26,342 | $67,463 | 7.0 years |
| 16 kW | $2.63 | $29,478 | $77,728 | 6.9 years |
| 18 kW | $2.58 | $32,458 | $88,150 | 6.7 years |
| 20 kW | $2.52 | $35,280 | $98,728 | 6.6 years |
How to Save on Solar Panels
Since the type of solar panels and the installer 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:
- Installation Process: Get details from your solar installer about the installation process and what to expect, including when the site survey will be completed and how long it will take.
- Contract: Before you sign a contract with a solar company, be sure to look it over fully so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Reputation: Well-established companies likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- 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 substantial role in the company you choose.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- 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 North Haven, CT Solar Cost FAQs
What is the average cost of installing solar panels in North Haven?
This is a tough question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $14,000 for a 5-kW system and $28,000 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Are solar panels free in North Haven?
You can't get solar panels for free in North Haven. 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 North Haven?
Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and how much direct sunlight your roof gets.
How many solar panels should I get to power 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 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 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.