Solar Panel Cost Guide in Adams, MA (2023 Update)
- Adams Solar Installation Cost: $9,302
- 25-Year Savings: $15,629
- Payback Period: 9.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Adams
Let's have a look at the average cost of solar panels in Adams.
The average cost of a solar panel system in Adams is 2.94 per watt. To account for the typical energy needs of the average home in Adams, most homeowners require a 4.5-kilowatt system. Using the figure above, a solar installation costs around $9,302, or $13,302 before the federal solar tax credit of 30% is applied.
Keep in mind that the figures above are only estimates based on the average Adams homeowner. 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. For many homeowners, the upfront cost of solar is worth paying. On average you could be looking at about $21,000 in savings on energy bills over 20 years.
You can click the button below to get connected with a pre-vetted solar company in Adams that can help you get a more accurate cost estimate for your home.
Solar savings over time in Adams
| Year | Return on Investment |
|---|---|
| 1 years | $-8,305 |
| 3 years | $-6,310 |
| 5 years | $-4,316 |
| 7 years | $-2,321 |
| 9 years | $-327 |
| 11 years | $1,668 |
| 13 years | $3,662 |
| 15 years | $5,657 |
| 17 years | $7,651 |
| 19 years | $9,646 |
| 21 years | $11,640 |
| 23 years | $13,635 |
| 25 years | $15,629 |
Top Solar Installers in Adams
When going solar, many homeowners prefer to go with a solar installation company since handling can be a time-consuming project. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long run with their warranties, repair services and expert design.
There are various licensed solar professionals that can install solar panels for you. 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 Adams
Factors that Affect Solar Panel Costs in Adams
There are several criteria 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.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. That's why it's a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use. The brand of solar panels and equipment you choose is another factor that will significantly influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more pricey. Further, solar equipment goes beyond just the solar panels themselves. You'll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking for a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are offered by most installers in Adams, which can bring down, or in some cases eliminate, your upfront costs to make solar more accessible. When estimating your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The last key cost factor you should take into consideration is the installer you choose. Given the growing popularity of renewable energy solutions in Adams, you'll have a great number of options to choose from, but each comes at different price points for labor and equipment. Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and find a company that has the products, warranties and services you're looking for and also fits within your budget.
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 | $20,278 | 9.7 years |
| 8 kW | $3.00 | $16,793 | $27,367 | 9.5 years |
| 10 kW | $2.94 | $20,580 | $34,621 | 9.3 years |
| 12 kW | $2.88 | $24,202 | $42,039 | 9.1 years |
| 14 kW | $2.82 | $27,660 | $49,621 | 8.9 years |
| 16 kW | $2.76 | $30,952 | $57,369 | 8.8 years |
| 18 kW | $2.70 | $34,080 | $65,281 | 8.6 years |
| 20 kW | $2.65 | $37,044 | $73,357 | 8.4 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Adams, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. While there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you peruse their list of options before making your decision.
- Reputation: Companies that have been operating for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- 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.
- Contract: When reading through your solar company's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios such as a system component 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 Adams, MA Solar Cost FAQs
How much does it cost to install solar panels in Adams?
This is a tough question to answer exactly, because the cost depends on a variety of 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 extra solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Are solar panels free in Adams?
You can't get solar panels for free in Adams. However, you may still be able to get 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.
Is it worth going solar in Adams?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and how much direct sunlight your roof gets.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you need to know 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 home 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.