Solar Panel Cost Guide in Pawcatuck, CT (Dec 2022)

  • Pawcatuck Solar Installation Cost: $8,859
  • 25-Year Savings: $18,160
  • Payback Period: 8.2 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Pawcatuck

Here's how much it might cost to switch to solar power in Pawcatuck.

The national average cost of solar panels is $2.66 per watt, but in Pawcatuck it's $3 per watt. Since a 4.5-kW system is needed to cover the energy needs of a typical home in Pawcatuck, the average price of going solar will be about $8,859 before claiming the federal solar tax credit of 30%.

Bear in mind that the figures above are only estimates based on the average energy use of Pawcatuck homeowners. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. With average savings of about $23,000 on power bills over 20 years, many homeowners in Pawcatuck find investing in solar can pay off big.

Click the button below to get connected to a reputable solar panel company in Pawcatuck for a personalized estimate.

Solar savings over time in Pawcatuck

Year Return on Investment
1 years $-7,778
3 years $-5,617
5 years $-3,455
7 years $-1,294
9 years $868
11 years $3,029
13 years $5,191
15 years $7,352
17 years $9,514
19 years $11,676
21 years $13,837
23 years $15,999
25 years $18,160

Top Solar Installers in Pawcatuck

When going solar, many homeowners choose to hire a solar installation company since DIY solar panel installation can be a difficult project. Also, if you'd like to maximize your investment in solar, going with a solar company can help with that too. Different providers can offer warranties, expertise on installation and sometimes even information on local incentives, rebates and net metering programs.

There are several licensed solar professionals that can help you install your solar panels. Here are our suggestions:

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 Technology

Tesla Energy

★★★★★
4.5

  • 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 Pawcatuck

Factors that Affect Solar Panel Costs in Pawcatuck

For many Pawcatuck homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Pawcatuck, 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

The size of the solar panel system you need for your home is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $2,800. The kind of solar equipment you choose can bring your price up or down 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. On the other hand, more efficient panels could save you more over time on your power bills. In addition, extra products, like solar batteries, can bring your total well above the Pawcatuck average.

Solar Financing Terms

For some homeowners, paying for solar out of pocket can be difficult. Solar loans are offered by most installers in Pawcatuck, which can reduce, or in some cases eliminate, your upfront costs to make solar more affordable. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.

Solar Panel Installation Company

The solar company you pick will affect your total cost to make the switch to solar . Different companies will bill different amounts for the equipment and labor. Additionally, some companies in Pawcatuck have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.

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 $23,663 8.5 years
8 kW $2.86 $15,994 $31,864 8.4 years
10 kW $2.80 $19,600 $40,222 8.2 years
12 kW $2.74 $23,050 $48,737 8.0 years
14 kW $2.69 $26,342 $57,408 7.9 years
16 kW $2.63 $29,478 $66,237 7.7 years
18 kW $2.58 $32,458 $75,222 7.5 years
20 kW $2.52 $35,280 $84,364 7.4 years

How to Save on Solar Panels

Since the kind of solar panels and the installation company you choose has an impact on your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:

  • Reputation: Your solar installer should have a sound reputation as a company and have proven 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 satisfied reviews from past customers.
  • Warranty: Warranties that cover panel repairs and maintenance over a couple decades are the best you can get in the business, and offering such a warranty is one indication of a good company.
  • Contract: Review the contract terms carefully to make sure you understand the total cost, project completion timeline rebates and warranties.
  • Solar Panel Brands: Different companies have various brands and models of panels. If you know you want a specific brand, make sure the solar installer you're considering has it.

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 Technology

Tesla Energy

★★★★★
4.5

  • 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 Pawcatuck, CT Solar Cost FAQs

What is the average cost of installing solar panels in Pawcatuck?

The average cost of solar panels in Pawcatuck 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 type of solar panels you want, what size system you need and how much energy you consume.

What other factors should I consider aside from 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 be more important than the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.

Do solar panels increase the value of your home?

Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Pawcatuck is currently $271,700, which means you can expect about a value of about $11,140 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Pawcatuck is a worthwhile investment.

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 are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can replace them after having them for that long or you can keep using 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.

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