Solar Panel Cost Guide in Sterling, CT (Jan 2023)
- Sterling Solar Installation Cost: $9,153
- 25-Year Savings: $17,866
- Payback Period: 8.5 Years
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Top Solar Installers in Sterling
Many homeowners decide to hire a solar panel company since figuring out how to install solar panels by yourself can be a lot of work. Also, if you'd like to maximize your investment in solar energy, opting for a solar company can help with that as well. Different providers can offer repairs, expertise on how to install solar panels and sometimes even information on local incentives, rebates and net metering programs.
If you're looking for a solar installer in Sterling, we've put together a list of our top suggestions here:
See all of the solar companies in Sterling
Factors that Affect Solar Panel Costs in Sterling
For many Sterling homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Sterling, with typical prices between $20,000 to $40,000. There are several factors that greatly influence the price you'll pay, which we'll go over below.
When it comes to estimating the price of a solar panel system in Sterling, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy usage, which you can gauge by looking at past electricity bills. Your overall cost can increase by about $2,800 for each additional kilowatt you need. There are many different solar panel brands and the one you choose also affects the cost. Typically, the brands that have better efficiency tend to also cost more. Plus, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are provided by most installers in Sterling, which can lower, or in some cases eliminate, your upfront costs to make solar more affordable. However, the interest on solar loans also increases your overall costs, so it's crucial to include that in your estimate as well. You can always lower the total you pay in interest and possibly even your APR by putting more money down.
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 Sterling is the company you hire to install your solar panel system. As with choosing a company to build a deck or pool, for example, there's no shortage of solar installers that offer a range of services for different budgets. Larger national companies generally have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to 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||$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
The solar installer you go with will affect not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should consider, such as:
- Contract: Although reading through a contract can be tedious, it's important to do it fully so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panels running smoothly and save you money on repairs and maintenance.
- Solar Panel Brands: The kind of solar panel you'd like plays a part in which installer you should opt for, since different companies have different panels.
- 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.
EcoWatch's Sterling, CT Solar Cost FAQs
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.