Solar Panel Cost Guide in Attleboro, MA (Mar 2023)
- Attleboro Solar Installation Cost: $8,911
- 25-Year Savings: $17,080
- Payback Period: 8.6 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Attleboro
Let's have a look at the average cost of solar panels in Attleboro.
The average cost of a solar system in Attleboro is 2.94 per watt. Using this figure, a typical 4.3-kW system would cost about $8,911 before the 30% federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Attleboro homeowners. The cost 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. Even with the large upfront cost, the average Attleboro homeowner can save about $23,000 on their power bills over 20 years, which is one of the positives of solar.
For a personalized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Attleboro
| Year | Return on Investment |
|---|---|
| 1 years | $-7,871 |
| 3 years | $-5,792 |
| 5 years | $-3,713 |
| 7 years | $-1,634 |
| 9 years | $446 |
| 11 years | $2,525 |
| 13 years | $4,604 |
| 15 years | $6,684 |
| 17 years | $8,763 |
| 19 years | $10,842 |
| 21 years | $12,922 |
| 23 years | $15,001 |
| 25 years | $17,080 |
Top Solar Installers in Attleboro
Many homeowners opt for a solar installer since trying to install solar panels by yourself can be a labor-intensive endeavor. Local solar installers can also help you maximize your return on investment by walking you through any local incentives and by providing warranties and repairs.
If you're on the hunt for a solar company in Attleboro, we've organized 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
Best Technology
Tesla Energy
- 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 Attleboro
Factors that Affect Solar Panel Costs in Attleboro
The cost of installing a solar system in Attleboro can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is the size of the system your household needs, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power production use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,940. The type of solar panels and equipment you want is another factor that will significantly impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Plus, solar equipment is more than just the solar panels themselves. You'll also need to consider 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 into a solar system that's in your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are provided by most installers in Attleboro, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible. You'll have to consider the long-term cost of financing options, including the amount of interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
Lastly, the company you choose to install your solar system can play a part in determining how much you pay. Attleboro's solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and find a company that provides the products, warranties and services you're looking for and also is 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 | $23,185 | 8.9 years |
| 8 kW | $3.00 | $16,793 | $31,243 | 8.7 years |
| 10 kW | $2.94 | $20,580 | $39,465 | 8.6 years |
| 12 kW | $2.88 | $24,202 | $47,852 | 8.4 years |
| 14 kW | $2.82 | $27,660 | $56,403 | 8.2 years |
| 16 kW | $2.76 | $30,952 | $65,119 | 8.1 years |
| 18 kW | $2.70 | $34,080 | $74,000 | 7.9 years |
| 20 kW | $2.65 | $37,044 | $83,046 | 7.7 years |
How to Save on Solar Panels
There are a lot of companies available in Attleboro, 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: Your solar installer should have a good reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
- 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.
- Contract: Read the contract terms carefully to make sure you understand how much it will cost, project completion timeline incentives and warranties.
- Solar Panel Brands: Different companies offer various brands and kinds of panels. If you want a specific brand, make sure the solar installer you're considering has it.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- 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 Attleboro, MA Solar Cost FAQs
How much does it cost to install solar panels in Attleboro?
This is a tough question to answer precisely, because the cost depends on many factors. Generally 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 cost more if you want additional solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Attleboro?
Leasing solar panels can be an attractive choice, because it often comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better way to go if you want to get the most savings.
Can you sell solar power back to the grid in Attleboro?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future utility bills.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger 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.