Solar Panel Cost Guide in Ayer, MA (2024 Update)
- Ayer Solar Installation Cost: $12,674
- 25-Year Savings: $15,277
- Payback Period: 13.0 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Ayer
Find out what the average cost of a solar system is in Ayer.
The average cost of a solar panel system in Ayer is 4 per watt.Since a 4.5-kW system is needed to cover the energy costs of a typical home in Ayer, the average price of going solar will be about $12,674 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 Ayer 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 many homeowners, the upfront cost of solar power is worth paying. On average you could be looking at about $21,000 in savings on electricity bills over 20 years.
To get a free quote from a top solar company in Ayer, you can click the button below.
Solar savings over time in Ayer
Year | Return on Investment |
---|---|
1 years | $-10,950 |
3 years | $-7,503 |
5 years | $-4,057 |
7 years | $-610 |
9 years | $2,837 |
11 years | $6,284 |
13 years | $9,731 |
15 years | $13,178 |
17 years | $16,625 |
19 years | $20,072 |
21 years | $23,518 |
23 years | $26,965 |
25 years | $30,412 |
Top Solar Installers in Ayer
Installing solar panels by yourself can be a challenging project, which is why using a solar installation company is a good option for many homeowners. The expertise that solar companies provide can be useful as well, particularly if you don’t quite know what brand of solar equipment would be right for your home.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some nearby:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
See all of the solar companies in Ayer
Factors that Affect Solar Panel Costs in Ayer
There are many factors that can determine your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
The size of the solar energy system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $4,060. There are many different solar panel brands and the one you pick also affects the cost. Generally, the brands that offer higher efficiency tend to also cost more. Additionally, the type of equipment you’re looking to get can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a significant investment. That’s why many Ayer homeowners decide to finance their solar panel systems to make paying for solar more affordable.It’s a good idea to include 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 installer you choose will impact your total cost to go solar. Different companies will charge different amounts for the equipment and labor.Additionally, some companies in Ayer are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $15,169 | 13.5 years |
8 kW | $4.14 | $23,191 | $20,680 | 13.2 years |
10 kW | $4.06 | $28,420 | $26,418 | 13.0 years |
12 kW | $3.98 | $33,422 | $32,384 | 12.7 years |
14 kW | $3.90 | $38,196 | $38,577 | 12.4 years |
16 kW | $3.82 | $42,744 | $44,997 | 12.2 years |
18 kW | $3.74 | $47,064 | $51,645 | 11.9 years |
20 kW | $3.65 | $51,156 | $58,520 | 11.7 years |
How to Save on Solar Panels
Since the kind of solar panels and the installer you choose greatly affects your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Installation Process: Make sure you’re aligned with the company with regard to how the installation process will go and what you need to do before your solar panels are installed, such as repairing your electrical system or roof.
- Warranty: Many companies offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Even though reading through a contract can take a lot of time, it’s important to do it thoroughly so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- Solar Panel Brands: The brand of solar panel you’d like to install plays a role in which company you should choose, since different companies offer different panels.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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
EcoWatch's Ayer, MA Solar Cost FAQs
What is the average cost of installing solar panels in Ayer?
This is a hard question to answer exactly, 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. You can expect to pay more if you want extra solar equipment or more efficient panels, or if you have above-average energy usage. On the other hand, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
What other factors should I consider aside from cost when buying solar panels?
The initial cost is a crucial factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Do solar panels increase your property value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Ayer is currently $499,635, so you can look forward to a value of about $20,485 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Ayer is a worthwhile investment.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to cover their typical energy usage.
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.