Solar Panel Cost Guide in Stafford Springs, CT (2025 Update)
- Stafford Springs Solar Installation Cost: $12,322
- 25-Year Savings: $17,819
- Payback Period: 11.4 Years
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Average Cost of Solar Panels in Stafford Springs
Here’s how much it might cost to switch to solar power in Stafford Springs.
While the national average of solar panels is $2.66 per watt, solar panels in Stafford Springs generally cost around 4.The average Stafford Springs homeowner needs a 4.7-kilowatt system, which would cost about $12,322 with the federal tax credit, or $17,620 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The true cost of making the switch to solar can vary based on a few factors, such as how many panels you need, your energy usage and what solar installer you go with.For most homeowners, the upfront investment in solar power is worth paying. On average Stafford Springs homeowners see about $22,000 in savings on electricity bills over 20 years.
You can click the button below to get connected with a vetted solar installer in Stafford Springs that can help you get a more accurate cost estimate for your home.
Solar savings over time in Stafford Springs
| Year | Return on Investment |
|---|---|
| 1 years | $-10,478 |
| 3 years | $-6,790 |
| 5 years | $-3,102 |
| 7 years | $586 |
| 9 years | $4,274 |
| 11 years | $7,962 |
| 13 years | $11,650 |
| 15 years | $15,338 |
| 17 years | $19,026 |
| 19 years | $22,714 |
| 21 years | $26,402 |
| 23 years | $30,090 |
| 25 years | $33,778 |
Top Solar Installers in Stafford Springs
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a pain. Taking advantage of a solar panel installer can make your swap to solar power much easier. Companies can also provide access to various kinds of the best solar panels and help you choose which one will be right for your family.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some near you:
See all of the solar companies in Stafford Springs
Factors that Affect Solar Panel Costs in Stafford Springs
Although the average cost of a solar system in Stafford Springs is $12,322, your final cost may differ. There are quite a few 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 keep in mind.
Solar Equipment
The size of the solar panel system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $3,750. The brand and type of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a trusted 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 extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That’s why many Stafford Springs homeowners choose to finance their solar panel systems to offset upfront costs.You’ll have to consider the long-term cost of financing options, 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 more than the original 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
A final factor to keep in mind when trying to estimate the cost of solar for your home or business in Stafford Springs is the company you hire to install your solar panel system. Similar to choosing a company to renovate your kitchen, for example, you’ll have no shortage of solar installers that provide a range of services for different budgets.Larger national companies typically have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle 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 | $3.90 | $16,380 | $18,156 | 11.9 years |
| 8 kW | $3.83 | $21,420 | $24,629 | 11.6 years |
| 10 kW | $3.75 | $26,250 | $31,311 | 11.4 years |
| 12 kW | $3.67 | $30,870 | $38,203 | 11.2 years |
| 14 kW | $3.60 | $35,280 | $45,305 | 10.9 years |
| 16 kW | $3.52 | $39,480 | $52,617 | 10.7 years |
| 18 kW | $3.45 | $43,470 | $60,139 | 10.5 years |
| 20 kW | $3.38 | $47,250 | $67,872 | 10.3 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because choosing a company can be difficult, we have some tips to help you, such as:
- Installation Process: When going solar, it’s important to keep an open line of communication with your solar panel installer. See to it that you understand how the installation process works and the completion timeline.
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: The kind of solar panel you’d like to install plays a part in which company you should choose, since different companies provide different panels.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years in most cases offer good-quality solar panel installation and expertise.
EcoWatch's Stafford Springs, CT Solar Cost FAQs
How much does it cost to install solar panels in Stafford Springs?
The average cost of solar panels in Stafford Springs 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 such as the kind of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Stafford Springs?
Leasing solar panels can be an attractive choice, as it often comes with low or $0 upfront payments. The downside 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 incentives and your home value won’t increase. Buying solar panels is a better option if you want to maximize your savings.
Do solar panels increase the value of your home?
Solar panels can increase your home value remarkably as long as you buy or finance your panels and don’t opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average household 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.