Solar Panel Cost Guide in Wallingford, CT (Nov 2022)

  • Wallingford Solar Installation Cost: $8,879
  • 25-Year Savings: $20,112
  • Payback Period: 7.7 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 Wallingford

We go over average solar pricing in Wallingford.

The average cost of a solar system in Wallingford is $3 per watt. To cover the typical energy needs of the average home in Wallingford, most homeowners require a 4.5-kilowatt system. Using the per-watt figure above, a solar installation costs around $8,879, or $6,570 after the federal solar tax credit of 30% is applied.

The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of installing solar panels can vary quite a bit depending on several factors, such as what size system you need, your energy consumption and what installation company you go with. Even with the large initial cost, the average Wallingford homeowner can save around $24,000 on their electricity bills over 20 years, which is one of the advantages of solar.

To calculate your potential ROI and connect with a local solar company, click the button below.

Solar savings over time in Wallingford

Year Return on Investment
1 years $-7,719
3 years $-5,400
5 years $-3,081
7 years $-761
9 years $1,558
11 years $3,877
13 years $6,196
15 years $8,516
17 years $10,835
19 years $13,154
21 years $15,473
23 years $17,792
25 years $20,112

Top Solar Installers in Wallingford

Putting up solar panels yourself can be a dangerous task, which is why hiring a solar installer is a good option for many homeowners. The expertise that solar installers provide can be useful as well, especially if you aren't sure what kind of solar equipment would be right for your home.

Working with a professional solar company can help you make the most of your investment in solar. Here are our recommendations:

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 Wallingford

Factors that Affect Solar Panel Costs in Wallingford

For many Wallingford homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Wallingford, with typical prices between $20,000 to $40,000. There are a few factors that considerably influence the price you'll pay, which we'll go over below.

Solar Equipment

The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the notable factors is the system size. Solar power systems with better efficiency or power production require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,800. The brand and type 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 can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.

Solar Financing Terms

For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are available from most installers in Wallingford, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible. However, the interest on solar loans also adds to your total costs, so it's crucial to take that into consideration as well. You can always bring down the total you pay in interest and possibly even your APR by making a larger down payment.

Solar Panel Installation Company

The solar installer you hire to handle your switch to green energy can have an effect on your total costs. There are about 3 solar installation companies in Wallingford, and each can charge different amounts for labor and equipment. You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those larger companies.

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 $26,189 8.0 years
8 kW $2.86 $15,994 $35,232 7.8 years
10 kW $2.80 $19,600 $44,432 7.7 years
12 kW $2.74 $23,050 $53,789 7.5 years
14 kW $2.69 $26,342 $63,302 7.3 years
16 kW $2.63 $29,478 $72,973 7.2 years
18 kW $2.58 $32,458 $82,800 7.0 years
20 kW $2.52 $35,280 $92,784 6.9 years

How to Save on Solar Panels

There are many companies available in Wallingford, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:

  • Contract: Review the contract terms closely to make sure you understand the cost breakdown, project timeline incentives and warranties.
  • Reputation: Companies that have been operating for many years likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
  • Warranty: If you're worried about the durability of your solar panels, checking your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
  • Solar Panel Brands: Different companies offer various brands and models of panels. If you prefer a specific brand, make sure the solar company 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 Wallingford, CT Solar Cost FAQs

How much does it cost to install solar panels in Wallingford?

The average cost of solar panels in Wallingford 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 such as the type of solar panels you want, what size system you need and how much energy you use.

Are solar panels free in Wallingford?

You can't get solar panels for free in Wallingford. 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 want to own your solar panels, you can finance them with a solar loan.

Do solar panels increase how much your home is worth?

Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Wallingford is currently $268,000, so you can look forward to a value of about $10,988 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Wallingford is a worthwhile investment.

What solar power system size is right for my home?

To figure out how many solar panels 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 usually 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.

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