Solar Panel Cost Guide in Brockton, MA (2023 Update)
- Brockton Solar Installation Cost: $8,520
- 25-Year Savings: $17,404
- Payback Period: 8.2 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Brockton
Find out what the average cost of solar panel installation is in Brockton.
While the national average of solar panels is $2.66 per watt, solar panels in Brockton typically cost about 2.94. To cover the typical energy usage of the average home in Brockton, most homeowners require a 4.1-kilowatt system. Using the per-watt figure above, a solar installation costs around $8,520, or $12,184 before the federal solar tax credit of 30% is applied.
Keep in mind that the figures above are only estimates based on the average Brockton homeowner. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. For many homeowners, the upfront investment in solar panels is worth paying. On average homeowners in Brockton see about $24,000 in savings on utility bills over 20 years.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Brockton
| Year | Return on Investment |
|---|---|
| 1 years | $-7,483 |
| 3 years | $-5,409 |
| 5 years | $-3,335 |
| 7 years | $-1,261 |
| 9 years | $813 |
| 11 years | $2,887 |
| 13 years | $4,961 |
| 15 years | $7,035 |
| 17 years | $9,109 |
| 19 years | $11,182 |
| 21 years | $13,256 |
| 23 years | $15,330 |
| 25 years | $17,404 |
Top Solar Installers in Brockton
Putting up solar panels by yourself can be a time-consuming task, which is why hiring a solar installer is a good option for many homeowners. Another benefit of working with a solar installer is that they can help you maximize your ROI by lowering your future costs of repairs and replacements with the help of warranties and informing you of local incentives you can take advantage of.
There are various licensed solar professionals that can help you install your solar panels. 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
See all of the solar companies in Brockton
Factors that Affect Solar Panel Costs in Brockton
The cost of installing a solar system in Brockton can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The size of the solar system you need to offset your energy usage, 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 $2,940. The brand and type of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
If paying for a solar system in cash is too expensive, solar loans are an affordable choice 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. It's wise to factor the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it'll take to pay off the loan.
Solar Panel Installation Company
The final significant cost factor you should take into consideration is the installer you choose. Given the booming popularity of sustainable energy solutions in Brockton, you'll have a great number of options to choose from, but each comes at varying price points for labor and equipment. Additionally, some companies in Brockton are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save 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 | $3.06 | $12,842 | $24,747 | 8.5 years |
| 8 kW | $3.00 | $16,793 | $33,326 | 8.4 years |
| 10 kW | $2.94 | $20,580 | $42,069 | 8.2 years |
| 12 kW | $2.88 | $24,202 | $50,977 | 8.0 years |
| 14 kW | $2.82 | $27,660 | $60,049 | 7.9 years |
| 16 kW | $2.76 | $30,952 | $69,286 | 7.7 years |
| 18 kW | $2.70 | $34,080 | $78,687 | 7.6 years |
| 20 kW | $2.65 | $37,044 | $88,254 | 7.4 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be difficult, we have some tips to help you, such as:
- Warranty: A comprehensive, long-term warranty can help keep your solar panels running for a long time and save you money on repairs and maintenance.
- 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 EcoWatch.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose affects which solar panel brands you have access to.
- Contract: Read the contract terms carefully to make sure you understand how much it will cost, project completion timeline incentives and warranties.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Brockton, MA Solar Cost FAQs
How much does it cost to install solar panels in Brockton?
The average cost of solar panels in Brockton is about $14,700 for a 5-kW system and $29,400 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Brockton?
Leasing solar panels can be an attractive choice, because it typically 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 tax rebates and credits and your home value won't increase. Buying solar panels is a better option if you want to get the most savings.
Can solar panels completely eradicate my power bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Brockton, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Brockton?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down 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.