Solar Panel Cost Guide in Acushnet Center, MA (2023 Update)
- Acushnet Center 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 Center
Let's take a look at the average cost of solar panels in Acushnet Center.
Although the national average of solar panels is $2.66 per watt, solar panels in Acushnet Center generally cost around 2.94. The average solar panel system size in Acushnet Center is around 4.3 kilowatts, meaning a cost of about $8,911 for a solar installation, or $12,743 before the 30% federal solar tax credit is applied.
These figures are just averages, and the cost of going solar for you will most likely look different based on factors unique to your home and what company you go with. But, after you've paid the initial cost of installation, the payback for most homeowners is quite fruitful, with a net average savings of about $23,000 over 20 years on power bills.
Click the button below to get connected to a vetted solar panel company in Acushnet Center for a customized quote.
Solar savings over time in Acushnet Center
| Year | Return on Investment |
|---|---|
| 1 years | $-8,821 |
| 3 years | $-8,647 |
| 5 years | $-8,473 |
| 7 years | $-8,299 |
| 9 years | $-8,125 |
| 11 years | $-7,951 |
| 13 years | $-7,777 |
| 15 years | $-7,603 |
| 17 years | $-7,429 |
| 19 years | $-7,255 |
| 21 years | $-7,081 |
| 23 years | $-6,907 |
| 25 years | $-6,733 |
Top Solar Installers in Acushnet Center
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a pain. Taking advantage of a solar company can make your switch to solar power much easier. A solar installer can also help save you money in the long run by providing warranties, repairs and system component replacements.
If you're searching for a solar installer in Acushnet Center, we've put together a list of our top suggestions here:
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 Center
Factors that Affect Solar Panel Costs in Acushnet Center
The cost of installing a solar system in Acushnet Center can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the price of a solar panel system in Acushnet Center, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy consumption, which you can gauge by looking at past power bills. Your total cost can increase by around $2,940 for each additional kilowatt you need. 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 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. Additionally, extra products, like solar batteries, can bring your total well above the Acushnet Center average.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a big investment. That's why many Acushnet Center homeowners choose to finance their solar panel systems to make paying for solar more affordable. It's a good idea to factor the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay back the loan.
Solar Panel Installation Company
The solar panel installer you choose will impact your total cost to go solar. Different companies will bill different amounts for the equipment and labor. The size of the company can sometimes play the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower 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 | $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
The solar company you choose will be a major factor in determining not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should take into account, including:
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years in most cases provide high-quality solar panel installation and expertise.
- 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 considerable role in the company you opt for.
- Contract: Though reading through a contract can take a lot of time, it's important to do it thoroughly so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
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 Center, MA Solar Cost FAQs
How much does it cost to install solar panels in Acushnet Center?
The average cost of solar panels in Acushnet Center is about $14,700 for a 5-kW system and $29,400 for a 10-kW system before the ITC, but the actual cost will depend on things like the type of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Acushnet Center?
Leasing solar panels can be an option if you can't afford to pay upfront or secure a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
How much can I save on electricity bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on where you're located and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,206.06 per year.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.
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.