Solar Panel Cost Guide in Athol, MA (2024 Update)
- Athol Solar Installation Cost: $12,726
- 25-Year Savings: $16,709
- Payback Period: 12.3 Years
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Average Cost of Solar Panels in Athol
We break down average solar pricing in Athol.
While the national average of solar panels is $2.66 per watt, solar panels in Athol generally cost about 4.Because a 4.5-kW system is needed to cover the energy needs of a typical home in Athol, the average price of going solar will be about $12,726 after claiming the federal solar tax credit of 0.
Bear in mind that the figures above are only estimates based on the average energy use of Athol homeowners. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.For most homeowners, the upfront cost of solar power is worth paying. On average Athol homeowners see about $22,000 in savings on energy bills over 20 years.
You can click the button below to get connected with a pre-vetted solar company in Athol for a quote for your home.
Solar savings over time in Athol
Year | Return on Investment |
---|---|
1 years | $-11,002 |
3 years | $-7,556 |
5 years | $-4,109 |
7 years | $-662 |
9 years | $2,785 |
11 years | $6,232 |
13 years | $9,679 |
15 years | $13,126 |
17 years | $16,572 |
19 years | $20,019 |
21 years | $23,466 |
23 years | $26,913 |
25 years | $30,360 |
Top Solar Installers in Athol
When going solar, many homeowners decide to use a solar installer since putting up a solar system yourself can be a challenging project. The expertise that solar installers provide can be valuable as well, particularly if you don’t quite know what brand of solar equipment would be right for your home.
There are various 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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Athol
Factors that Affect Solar Panel Costs in Athol
The cost of installing a solar system in Athol can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is the size of the system you need, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power generation need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $4,060.The solar equipment you choose can increase or decrease your cost 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. On the other hand, higher efficiency could save you more over time on your power bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Athol average.
Solar Financing Terms
If paying for solar panels in cash is too expensive, solar loans are a solid option because they decrease your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.Although solar loans make adopting solar energy more accessible for Athol homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The remaining major cost factor you should consider is the installer you choose. Given the booming popularity of renewable energy solutions in Athol, you’ll have a great number of options to choose from, but each comes at different price points for labor and equipment.You may come across national solar installers that have lower prices because of their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
Solar Panel Cost Data by System Size
System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
---|---|---|---|---|
6 kW | $4.22 | $17,734 | $17,003 | 12.8 years |
8 kW | $4.14 | $23,191 | $23,125 | 12.5 years |
10 kW | $4.06 | $28,420 | $29,475 | 12.3 years |
12 kW | $3.98 | $33,422 | $36,052 | 12.0 years |
14 kW | $3.90 | $38,196 | $42,856 | 11.8 years |
16 kW | $3.82 | $42,744 | $49,888 | 11.5 years |
18 kW | $3.74 | $47,064 | $57,147 | 11.3 years |
20 kW | $3.65 | $51,156 | $64,634 | 11.0 years |
How to Save on Solar Panels
There are many companies to choose from in Athol, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years most likely offer quality solar panel installation and expertise.
- Solar Panel Brands: Different companies will have various brands and types of panels. If you know you want a specific brand, make sure the solar installer you’re considering has it.
- Contract: Look through the contract terms carefully to make sure you understand the cost breakdown, project completion timeline incentives and warranties.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Athol, MA Solar Cost FAQs
How much does it cost to install solar panels in Athol?
This is a hard question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $20,300 for a 5-kW system and $40,600 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or more efficient panels, or if you have above-average energy needs. On the other hand, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Athol?
Solar panels aren’t free in Athol, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Can solar panels completely eradicate my power bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Athol, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home uses 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 household 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.