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

  • Woodstock Solar Installation Cost: $9,153
  • 25-Year Savings: $17,866
  • Payback Period: 8.5 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Woodstock

Let's take a look at the average cost of solar in Woodstock.

In Woodstock, solar panels cost about $3 per watt on average. The average Woodstock homeowner needs a 4.7-kilowatt system, which would cost about $9,153, or $6,773 after the federal solar tax credit of 30% is applied.

Bear in mind that the figures above are only estimates based on the average energy use of Woodstock homeowners. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. But, after you've paid the initial cost of installation, the payback for most homeowners is quite good, with a net average savings of about $22,000 over 20 years on power bills.

Click the button below to get connected to a reputable solar panel company in your area for a personalized quote.

Solar savings over time in Woodstock

Year Return on Investment
1 years $-8,072
3 years $-5,911
5 years $-3,749
7 years $-1,588
9 years $574
11 years $2,735
13 years $4,897
15 years $7,058
17 years $9,220
19 years $11,382
21 years $13,543
23 years $15,705
25 years $17,866

Top Solar Installers in Woodstock

Although you can install solar panels by yourself, it requires extra energy and handiness. That's one of the reasons almost all homeowners choose a solar panel installer. The expertise that solar installers provide can be useful as well, especially if you aren't sure what type of solar equipment would be right for your home.

If you'd like to switch to solar energy but still aren't certain which solar installer to go with, here are our suggestions for providers nearby:

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 Woodstock

Factors that Affect Solar Panel Costs in Woodstock

While the average cost of solar panels in Woodstock is $9,153, your final cost may differ. There are many factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more important things to keep in mind.

Solar Equipment

The size of the solar system you need to offset your energy usage is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $2,800. The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your power bills. In addition, add-on products, such as solar batteries, can bring your total well above the Woodstock average.

Solar Financing Terms

If paying for solar panels in cash is out of reach, solar loans are a solid route because they cut back your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.

Solar Panel Installation Company

The last key cost factor you should consider is the installer you choose. Given the booming popularity of green energy solutions in Woodstock, you'll have plenty of options to choose from, but each comes at different price points for labor and equipment. Additionally, some companies in Woodstock are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.

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 company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because selecting a company can be a challenge, we have some tips to help you, such as:

  • Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years likely provide quality solar panel installation and expertise.
  • Contract: Look through the contract terms carefully to make sure you understand the cost breakdown, project completion timeline incentives and warranties.
  • Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should acquire and how long the project will take.
  • Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you opt for.

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 Woodstock, CT Solar Cost FAQs

What is the average cost of installing solar panels in Woodstock?

The average cost of solar panels in Woodstock 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 like the type of solar panels you want, what size system you need and how much energy you consume.

Is cost the most important consideration when buying solar panels?

Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.

Is switching to solar power worth it?

Solar panels can be a good investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already pretty low, solar panels might not be for you.

How long do solar panels last in Woodstock?

Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can choose to replace them after having them for that long or you can keep using them at a lower efficiency.

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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