Solar Panel Cost Guide in Braintree Town, MA (Mar 2023)
- Braintree Town Solar Installation Cost: $9,076
- 25-Year Savings: $15,950
- Payback Period: 9.1 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Braintree Town
Let's take a look at the average cost of solar panels in Braintree Town.
While the national average of solar panels is $2.66 per watt, solar panels in Braintree Town generally cost about 2.94. Since a 4.4-kW system is needed to cover the energy usage of a typical home in Braintree Town, the average price of going solar will be about $9,076 after claiming the federal solar tax credit of 30%.
The true cost of your system can go higher or lower than the average in Braintree Town depending on several factors, such as the model of solar panels you choose and the solar company you hire. For many homeowners, the upfront investment in solar is worth paying. On average homeowners in Braintree Town see about $22,000 in savings on utility bills over 20 years.
Click the button below to get connected to a highly rated solar installer in your area for a custom quote.
Solar savings over time in Braintree Town
| Year | Return on Investment |
|---|---|
| 1 years | $-8,075 |
| 3 years | $-6,073 |
| 5 years | $-4,071 |
| 7 years | $-2,069 |
| 9 years | $-67 |
| 11 years | $1,935 |
| 13 years | $3,937 |
| 15 years | $5,940 |
| 17 years | $7,942 |
| 19 years | $9,944 |
| 21 years | $11,946 |
| 23 years | $13,948 |
| 25 years | $15,950 |
Top Solar Installers in Braintree Town
Many homeowners decide to hire a solar installation company since figuring out how to install solar panels on your own can be a labor-intensive endeavor. Also, companies with a high reputation that are more expensive upfront could actually save you money in the long run with their warranties, repair services and expert design.
Working with a vetted solar installer can make going solar easier. Here are our recommendations:
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 Braintree Town
Factors that Affect Solar Panel Costs in Braintree Town
Though the average cost of a solar system in Braintree Town is $9,076, your final cost may be above or below the average. There are quite a few factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
When it comes to estimating the cost of solar panels in Braintree Town, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy consumption, which you can determine by looking at past energy bills. Your overall cost can increase by around $2,940 for each additional kilowatt you need. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Braintree Town, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Braintree Town to be prohibitively costly, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides access to financing options. Solar loans substantially decrease upfront costs in most cases, but they also result in higher prices over time due to interest. When figuring out your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The final key cost factor you should keep in mind is the installer you choose. Given the booming popularity of clean energy solutions in Braintree Town, you'll have lots of options to choose from, but each comes at different price points for labor and equipment. Larger national companies typically have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric car charger installation, they might be cheaper overall.
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 | $21,216 | 9.4 years |
| 8 kW | $3.00 | $16,793 | $28,618 | 9.2 years |
| 10 kW | $2.94 | $20,580 | $36,184 | 9.1 years |
| 12 kW | $2.88 | $24,202 | $43,915 | 8.9 years |
| 14 kW | $2.82 | $27,660 | $51,810 | 8.7 years |
| 16 kW | $2.76 | $30,952 | $59,870 | 8.5 years |
| 18 kW | $2.70 | $34,080 | $68,095 | 8.3 years |
| 20 kW | $2.65 | $37,044 | $76,484 | 8.2 years |
How to Save on Solar Panels
Since the type of solar panels and the company you choose significantly impacts your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: When looking over your solar company's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios like a system part breaking or the company going out of business.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years likely provide high-quality solar panel installation and expertise.
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you choose.
- Warranty: If you care about the longevity of your solar panel system, verifying that your installer offers a 25-year, all-inclusive warranty can help put you at ease.
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 Braintree Town, MA Solar Cost FAQs
What is the average cost of installing solar panels in Braintree Town?
The average cost of solar panels in Braintree Town 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 things such as the kind of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider in addition to cost when buying solar panels?
Cost is a key factor to consider, but whether it's the most important for you depends on your reasons for going solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Can solar panels eliminate my energy bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,135.28 per year.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy needs 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.