Solar Panel Cost Guide in Acushnet, MA (2023 Update)
- Acushnet Solar Installation Cost: $8,908
- 25-Year Savings: $17,195
- Payback Period: 8.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Acushnet
Find out what the average cost of solar panels are in Acushnet.
The average cost of a solar system in Acushnet is 2.94 per watt. The average Acushnet homeowner needs a 4.3-kilowatt system, which would cost about $8,911 with the federal tax credit, or $12,743 before the 30% tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Acushnet homeowners. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. For most homeowners, the upfront investment in solar is worth paying. On average Acushnet homeowners see about $23,000 in savings on energy bills over 20 years.
You can click the button below to get connected with a top solar company in Acushnet for a quote for your home.
Solar savings over time in Acushnet
| Year | Return on Investment |
|---|---|
| 1 years | $-7,307 |
| 3 years | $-4,104 |
| 5 years | $-902 |
| 7 years | $2,301 |
| 9 years | $5,503 |
| 11 years | $8,706 |
| 13 years | $11,909 |
| 15 years | $15,111 |
| 17 years | $18,314 |
| 19 years | $21,517 |
| 21 years | $24,719 |
| 23 years | $27,922 |
| 25 years | $31,124 |
Top Solar Installers in Acushnet
Many homeowners opt for a solar installation company since trying to put up solar panels on your own can be challenging. Also, companies with a high reputation that cost more upfront could actually save you money in the long run with their warranties, repair services and expert design.
There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Acushnet
Factors that Affect Solar Panel Costs in Acushnet
The cost of installing a solar system in Acushnet can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. For that reason, it's important to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use. Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Acushnet, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in Acushnet provide solar loans, which reduce the initial cost of installing solar panels. Although solar loans make switching to solar energy more accessible for Acushnet homeowners, they can also raise the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar company you pick will impact your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor. Larger national companies generally have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra 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 | $3.06 | $12,842 | $23,340 | 8.9 years |
| 8 kW | $3.00 | $16,793 | $31,449 | 8.7 years |
| 10 kW | $2.94 | $20,580 | $39,723 | 8.5 years |
| 12 kW | $2.88 | $24,202 | $48,162 | 8.4 years |
| 14 kW | $2.82 | $27,660 | $56,765 | 8.2 years |
| 16 kW | $2.76 | $30,952 | $65,533 | 8.0 years |
| 18 kW | $2.70 | $34,080 | $74,465 | 7.8 years |
| 20 kW | $2.65 | $37,044 | $83,562 | 7.7 years |
How to Save on Solar Panels
There are many companies to choose from in Acushnet, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: Not all solar installers offer 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.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to install your solar system. Another way you can verify your installer's reputation is by reading reviews.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
- Contract: When reading through your solar installer's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Acushnet, MA Solar Cost FAQs
How much does it cost to install solar panels in Acushnet?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $14,700 for a 5-kW system and $29,400 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
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.
How will having solar panels impact how much my home is worth?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Acushnet is currently $296,000, which means you can expect a value of about $12,136 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Acushnet is a fruitful investment.
How many solar panels should I get to power 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 typically 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.