Solar Panel Cost Guide in Woodbury, CT (Jan 2023)
- Woodbury Solar Installation Cost: $9,192
- 25-Year Savings: $17,827
- Payback Period: 8.5 Years
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Top Solar Installers in Woodbury
Many homeowners decide to use a solar panel installer since installing solar panels yourself can be challenging. The expertise that solar installers provide can be useful as well, especially if you don't quite know what kind of solar equipment would be right for your home.
Working with a licensed solar company can help your solar project go smoothly. Here are our recommendations:
See all of the solar companies in Woodbury
Factors that Affect Solar Panel Costs in Woodbury
There are many factors that can play into your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production use 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 $2,800. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your power bills. In addition, extra products, such as solar batteries, can bring your total well above the Woodbury average.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a big investment. That's why many Woodbury homeowners opt to finance their solar panel systems to offset upfront costs. When estimating your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
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 Woodbury is the company you hire to install your solar system. Similar to choosing a company to renovate your kitchen, for instance, there are plenty of solar installers that offer a range of services at different costs. The company's size can sometimes play the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to more resources and bulk 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||$2.91||$12,230||$22,304||8.9 years|
|8 kW||$2.86||$15,994||$30,052||8.7 years|
|10 kW||$2.80||$19,600||$37,957||8.5 years|
|12 kW||$2.74||$23,050||$46,019||8.3 years|
|14 kW||$2.69||$26,342||$54,238||8.2 years|
|16 kW||$2.63||$29,478||$62,614||8.0 years|
|18 kW||$2.58||$32,458||$71,146||7.8 years|
|20 kW||$2.52||$35,280||$79,835||7.7 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 pick the right company for you, here are some tips to keep in mind:
- Reputation: Long-running companies 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.
- Contract: Review the contract terms thoroughly to make sure you understand how much it will cost, project completion timeline rebates and warranties.
- Installation Process: Get details from your solar installer about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you opt for.
EcoWatch's Woodbury, 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.