Solar Panel Cost Guide in Bliss Corner, MA (Mar 2023)
- Bliss Corner Solar Installation Cost: $8,911
- 25-Year Savings: $17,133
- Payback Period: 8.6 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Bliss Corner
Let's have a look at the average cost of solar panels in Bliss Corner.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Bliss Corner, the average cost of solar panels 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.
Remember that the numbers above are only averages. The price you'll end up paying for solar may look quite different based on your household energy consumption, the type of solar system you want to get, your solar contractor and more. But, once you've paid the upfront cost of installation, the ROI for most homeowners is usually good, with a net average savings of about $23,000 over 20 years on energy bills.
To receive a free quote from a highly rated solar installer in Bliss Corner, you can click the button below.
Solar savings over time in Bliss Corner
| Year | Return on Investment |
|---|---|
| 1 years | $-7,869 |
| 3 years | $-5,786 |
| 5 years | $-3,702 |
| 7 years | $-1,619 |
| 9 years | $465 |
| 11 years | $2,548 |
| 13 years | $4,632 |
| 15 years | $6,715 |
| 17 years | $8,799 |
| 19 years | $10,882 |
| 21 years | $12,966 |
| 23 years | $15,049 |
| 25 years | $17,133 |
Top Solar Installers in Bliss Corner
Trying to put up solar panels on your own can be a dangerous undertaking, which is why hiring a solar installation company is a good option for many homeowners. The expertise that solar companies offer can be helpful as well, particularly if you aren't sure what brand of solar equipment you need.
You can work with a local solar installer to get a free quote on the cost of solar panels for your home. Here are some nearby:
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 Bliss Corner
Factors that Affect Solar Panel Costs in Bliss Corner
For many Bliss Corner homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Bliss Corner, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you'll pay, which we'll go over below.
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 with higher efficiency or power generation use 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 $2,940. The kind of solar panels and equipment you get is another factor that will considerably impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Furthermore, 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 falls within your budget.
Solar Financing Terms
If paying for a solar system in cash is difficult, solar loans are a popular option because they lower your upfront costs and allow you to pay for your system over five to seven years on average. 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 can only 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 finding a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The solar panel installation company you choose will affect your total cost to adopt solar energy. Different companies will bill different amounts for the equipment and labor. The size of the company sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have more resources and better 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 down 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 | $23,257 | 8.9 years |
| 8 kW | $3.00 | $16,793 | $31,339 | 8.7 years |
| 10 kW | $2.94 | $20,580 | $39,585 | 8.6 years |
| 12 kW | $2.88 | $24,202 | $47,996 | 8.4 years |
| 14 kW | $2.82 | $27,660 | $56,572 | 8.2 years |
| 16 kW | $2.76 | $30,952 | $65,312 | 8.0 years |
| 18 kW | $2.70 | $34,080 | $74,217 | 7.9 years |
| 20 kW | $2.65 | $37,044 | $83,287 | 7.7 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Warranty: A comprehensive, 25-year warranty can help keep your solar panels running for a long time and save you money on repairs and maintenance.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. Although there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to peruse their list of options before making your decision.
- Contract: Review the contract terms closely to make sure you understand how much it will cost, completion timeline rebates and warranties.
- Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like the EcoWatch team.
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 Bliss Corner, MA Solar Cost FAQs
What is the average cost of installing solar panels in Bliss Corner?
The average cost of solar panels in Bliss Corner is about $14,700 for a 5-kW system and $29,400 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Bliss Corner?
Solar panels aren't free in Bliss Corner, 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 help lower the cost.
Is it worth going solar in Bliss Corner?
Solar panels can be a fruitful investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already fairly low, solar panels might not be for you.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you should find out 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 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.