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Top Solar Installers in Dracut
Trying to put up solar panels by yourself can be a difficult project, which is why hiring a solar installer is a good option for many homeowners. The expertise that solar companies provide can be valuable as well, especially if you don't quite know what kind of solar equipment you need.
If you're looking for a solar company in Dracut, we've organized a list of our top suggestions here:
See all of the solar companies in Dracut
Factors that Affect Solar Panel Costs in Dracut
There are several criteria that can affect your solar panel 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 Size
The size of the solar energy system you need for your household is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $2,940. The brand and kind of equipment you choose for your solar system can raise or lower 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 will be looking at 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
Many homeowners find the average cost of solar in Dracut to be too costly, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides access to financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to paying more over time because of interest. It's wise to factor 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 off the loan.
Solar Panel Installation Company
The solar installer you pick will influence your total cost to go solar. Different companies will charge different amounts for the equipment and labor. Larger national companies usually have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra 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||$22,038||9.2 years|
|8 kW||$3.00||$16,793||$29,714||9.0 years|
|10 kW||$2.94||$20,580||$37,554||8.9 years|
|12 kW||$2.88||$24,202||$45,558||8.7 years|
|14 kW||$2.82||$27,660||$53,727||8.5 years|
|16 kW||$2.76||$30,952||$62,061||8.3 years|
|18 kW||$2.70||$34,080||$70,560||8.1 years|
|20 kW||$2.65||$37,044||$79,223||8.0 years|
Solar Incentives in Dracut
|Name||Alternative Energy and Energy Conservation Patent Income Tax Deduction (Personal)|
|Incentive Amount||100% deduction|
|More Info||Click here|
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to align on any details you need to know with your solar installer, such as what permits you should secure and what the project timeline is.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you hire.
- Contract: Though reading through a contract can take a lot of time, it's important to do it carefully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
EcoWatch's Dracut, MA Solar Cost FAQs
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.