Solar Panel Cost Guide in Rocky Hill, CT (2024 Update)
- Rocky Hill Solar Installation Cost: $12,323
- 25-Year Savings: $33,777
- Payback Period: 11.4 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Rocky Hill
We go over average solar pricing in Rocky Hill.
The national average cost of solar panels is $2.66 per watt, but in Rocky Hill it’s 4 per watt.Because a 4.7-kW system is needed to cover the energy usage of a typical home in Rocky Hill, the average price of going solar will be about $12,323 after claiming the federal solar tax credit of 0.
Remember that the numbers above are only averages. The price you’ll end up paying for solar may look quite different based on your household energy use, the type of solar panels you choose, your solar contractor and more.Many homeowners find going solar is a rewarding investment. The average homeowner in Rocky Hill can save around $22,000 on their electricity bills over 20 years.
You can click the button below to get connected with a vetted solar company in Rocky Hill that can help you get a more accurate cost estimate for your home.
Solar savings over time in Rocky Hill
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 Rocky Hill
Although you can install solar panels by yourself, it takes extra labor and knowledge. That's why most homeowners choose to go with a solar panel installer. A solar company can also help save you money over time by offering warranties, repairs and component replacements.
There are various licensed solar professionals that can help you install your solar panels. Here are our suggestions:
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 Rocky Hill
Factors that Affect Solar Panel Costs in Rocky Hill
Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few major factors that will push your cost above or below the average in Rocky Hill: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power generation require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,750.The brand and kind of equipment you get for your solar system can increase or decrease 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 a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Most solar companies in Rocky Hill offer solar loans, which reduce the initial cost of installing a solar system.However, the interest on solar loans also increases your total costs, so it’s vital to keep that in mind as well. You can always bring down the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you choose to handle your switch to clean energy can play a part in your total costs. There are about 3 solar panel companies in Rocky Hill, and each can charge varying amounts for labor and equipment.The size of the company can sometimes play the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to greater 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 discount can bring their pricing down 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 | $38,198 | 11.2 years |
14 kW | $3.60 | $35,280 | $45,300 | 10.9 years |
16 kW | $3.52 | $39,480 | $52,611 | 10.7 years |
18 kW | $3.45 | $43,470 | $60,133 | 10.5 years |
20 kW | $3.38 | $47,250 | $67,864 | 10.3 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Rocky Hill, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Solar Panel Brands: Different companies offer various brands and kinds of panels. If you prefer a specific brand, make sure the solar installer you’re considering has it.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project timeline.
- Contract: It’s important to look over your solar installer’s contract well to understand what services they will provide, what the warranty covers and what you can expect about your solar system’s energy production.
- Warranty: An all-inclusive, long-term warranty can help keep your solar system running smoothly and save you money on repairs and maintenance.
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 Rocky Hill, CT Solar Cost FAQs
What is the average cost of installing solar panels in Rocky Hill?
The average cost of solar panels in Rocky Hill is about $18,750 for a 5-kW system and $37,500 for a 10-kW system before the ITC, but the actual cost will depend on things like the model of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Rocky Hill?
Leasing solar panels can be an attractive choice, because it typically comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better way to go if you want to get the most savings.
Does Rocky Hill have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future electricity bills.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.