Solar Panel Cost Guide in Wallingford Center, CT (2024 Update)
- Wallingford Center Solar Installation Cost: $11,885
- 25-Year Savings: $37,362
- Payback Period: 10.2 Years
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Average Cost of Solar Panels in Wallingford Center
Find out what the average cost of solar panels are in Wallingford Center.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Wallingford Center, the average cost of a solar system is 4 per watt.The average Wallingford Center homeowner needs a 4.5-kilowatt system, which would cost about $11,885 with the federal tax credit, or $16,996 before the 0 tax credit is applied.
These figures are only estimates, and the cost of going solar for you will look different based on the amount of energy your home requires and what company you choose to go with.Even with the high upfront cost, the average Wallingford Center homeowner can save around $24,000 on their power bills over 20 years, which is one of the benefits of solar.
Click the button below to get connected to a reputable solar installer in Wallingford Center for a custom quote.
Solar savings over time in Wallingford Center
| Year | Return on Investment |
|---|---|
| 1 years | $-9,915 |
| 3 years | $-5,975 |
| 5 years | $-2,035 |
| 7 years | $1,904 |
| 9 years | $5,844 |
| 11 years | $9,784 |
| 13 years | $13,724 |
| 15 years | $17,663 |
| 17 years | $21,603 |
| 19 years | $25,543 |
| 21 years | $29,482 |
| 23 years | $33,422 |
| 25 years | $37,362 |
Top Solar Installers in Wallingford Center
Although you can install solar panels yourself, it involves extra labor and expertise. That's one of the reasons almost all homeowners choose to hire a solar panel installer. Local solar installation companies can also help you optimize your return on investment by assisting with any local incentives and by offering warranties and repairs.
If you’d like to go solar but still aren’t certain which solar panel installer to go with, here are our suggestions for providers near you:
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
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Wallingford Center
Factors that Affect Solar Panel Costs in Wallingford Center
For many Wallingford Center homeowners, the decision to go solar rests on cost. However, the range of solar installation costs can be quite wide in Wallingford Center, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. That’s why it’s a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.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 in the long run on your power bills. In addition, add-on products, like solar batteries, can bump up your total well above the Wallingford Center average.
Solar Financing Terms
Most solar companies in Wallingford Center have solar loans, which reduce the initial cost of installing a solar system.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 can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal 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
The solar installer you choose to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar installation companies operating in Wallingford Center, and each can charge varying amounts for labor and equipment.Larger national companies generally have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric car 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 | $22,039 | 10.7 years |
| 8 kW | $3.83 | $21,420 | $29,806 | 10.5 years |
| 10 kW | $3.75 | $26,250 | $37,782 | 10.2 years |
| 12 kW | $3.67 | $30,870 | $45,968 | 10.0 years |
| 14 kW | $3.60 | $35,280 | $54,365 | 9.8 years |
| 16 kW | $3.52 | $39,480 | $62,971 | 9.6 years |
| 18 kW | $3.45 | $43,470 | $71,788 | 9.4 years |
| 20 kW | $3.38 | $47,250 | $80,814 | 9.2 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Installation Process: When making the switch to solar power, it’s necessary to keep an open line of communication with your solar panel company. Make sure you understand how the installation process works and the project completion timeline.
- Solar Panel Brands: Different companies will have various brands and kinds of panels. If you prefer a specific brand, make sure the solar panel company you’re considering has it.
- Contract: Even though reading through a contract can be tedious, it’s important to do it fully so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a couple decades are the best you can get in the business, and offering that kind of warranty is one sign of a quality company.
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
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Wallingford Center, CT Solar Cost FAQs
How much does it cost to install solar panels in Wallingford Center?
This is a tough question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $18,750 for a 5-kW system and $37,500 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Are solar panels free in Wallingford Center?
You can’t get solar panels for free in Wallingford Center. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
Does Wallingford Center have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future utility bills.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you should find out how much energy your home needs 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 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.
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.