Solar Panel Cost Guide in Dighton, MA (2023 Update)
- Dighton Solar Installation Cost: $8,908
- 25-Year Savings: $16,857
- Payback Period: 8.6 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Dighton
We break down average solar pricing in Dighton.
In Dighton, solar panels cost about 2.94 per watt on average. To cover the typical energy usage of the average home in Dighton, most homeowners require a 4.3-kilowatt system. Using the figure above, a solar installation costs around $8,911, or $12,743 before the federal solar tax credit of 30% is applied.
These figures are just averages, and the cost of going solar for you will differ based on factors unique to your home and what company you choose to go with. Even with the high initial cost, the average Dighton homeowner can save around $23,000 on their energy bills over 20 years, which is one of the advantages of solar.
To calculate your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Dighton
Year | Return on Investment |
---|---|
1 years | $-7,185 |
3 years | $-3,738 |
5 years | $-291 |
7 years | $3,156 |
9 years | $6,603 |
11 years | $10,049 |
13 years | $13,496 |
15 years | $16,943 |
17 years | $20,390 |
19 years | $23,837 |
21 years | $27,284 |
23 years | $30,731 |
25 years | $34,178 |
Top Solar Installers in Dighton
When switching to solar energy, many homeowners opt to use a solar installation company since handling can be a challenging project. Also, companies with an outstanding reputation that are more expensive upfront could actually save you money in the long term due to their warranties, repair services and expert design.
If you'd like to switch to solar energy but still aren't certain which solar company to go with, here are our suggestions for providers in Dighton:
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 Dighton
Factors that Affect Solar Panel Costs in Dighton
Though the average cost of a solar system in Dighton is $8,911, your final cost may be above or below the average. There are several factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with better 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 brand and type of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a 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 a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are provided by most installers in Dighton, which can lower, or in some cases totally eliminate, your upfront costs to make solar more accessible. However, the interest on solar loans also increases your overall costs, so it's important to take that into consideration as well. You can always bring down the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to renewable energy can play a role in your total costs. There are about 3 solar panel companies in Dighton, and each can charge varying amounts for labor and equipment. Larger national companies generally have lower costs, but some local companies undercut them by promoting 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 vehicle 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 | $22,872 | 9.0 years |
8 kW | $3.00 | $16,793 | $30,825 | 8.8 years |
10 kW | $2.94 | $20,580 | $38,943 | 8.6 years |
12 kW | $2.88 | $24,202 | $47,225 | 8.5 years |
14 kW | $2.82 | $27,660 | $55,672 | 8.3 years |
16 kW | $2.76 | $30,952 | $64,284 | 8.1 years |
18 kW | $2.70 | $34,080 | $73,060 | 8.0 years |
20 kW | $2.65 | $37,044 | $82,001 | 7.8 years |
How to Save on Solar Panels
The solar company you opt for will influence not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should consider, including:
- Solar Panel Brands: The model of solar panel you'd like to install plays a role in which installer you should choose, since different companies provide different panels.
- Contract: Although reading through a contract can take a lot of time, it's important to do it fully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Reputation: Companies that have been operating for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Warranty: If you're concerned about the durability of your solar panel system, ensuring your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
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 Dighton, MA Solar Cost FAQs
How much does it cost to install solar panels in Dighton?
This is a hard question to answer precisely, because the cost depends on many factors. Broadly 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 other solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in Dighton?
Leasing solar panels can be an option if you can't afford to pay upfront or secure a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
How much can I save on electricity bills after installing solar panels?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Dighton, that will require at least a 10-kW system. Not all homes can accommodate 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 many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption and how much 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 account for 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.