Solar Panel Cost Guide in East Bridgewater, MA (2023 Update)
- East Bridgewater Solar Installation Cost: $8,516
- 25-Year Savings: $17,408
- Payback Period: 8.2 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated September 15, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in East Bridgewater
Here's how much it might cost to make the switch to solar in East Bridgewater.
While the national average of solar panels is $2.66 per watt, solar panels in East Bridgewater generally cost around 2.94. Using this figure, a typical 4.1-kW system would cost about $8,520 before the 30% federal solar tax credit is applied.
The true cost of your system can go higher or lower than the average in East Bridgewater based on a few factors, such as the model of solar panels you choose and the solar installer you hire. Many homeowners find installing a solar panel system is a rewarding investment. The average homeowner in East Bridgewater can save around $24,000 on their power bills over 20 years.
To receive a free quote from a vetted solar installer in East Bridgewater, you can click the button below.
Solar savings over time in East Bridgewater
| Year | Return on Investment |
|---|---|
| 1 years | $-6,793 |
| 3 years | $-3,346 |
| 5 years | $101 |
| 7 years | $3,548 |
| 9 years | $6,995 |
| 11 years | $10,442 |
| 13 years | $13,889 |
| 15 years | $17,335 |
| 17 years | $20,782 |
| 19 years | $24,229 |
| 21 years | $27,676 |
| 23 years | $31,123 |
| 25 years | $34,570 |
Top Solar Installers in East Bridgewater
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Using a solar panel installer can make your swap to solar power much easier. A solar installer can also help save you money in the long run by providing warranties, repairs and part replacements.
If you're looking for a solar installer in East Bridgewater, we've compiled a list of our top suggestions here:
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 East Bridgewater
Factors that Affect Solar Panel Costs in East Bridgewater
Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few major factors that determine your overall cost in East Bridgewater: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
When it comes to estimating the price of a solar energy system in East Bridgewater, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy usage, which you can determine by looking at past power bills. Your total cost can increase by around $2,940 for each additional kilowatt you need. The model of solar panels and equipment you want is another factor that will considerably impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Plus, solar equipment goes beyond just the solar panels themselves. You'll also need to think about 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's in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in East Bridgewater to be prohibitively expensive, even if the investment pays off over time. Thankfully, nearly every solar installer in the area offers financing options. Solar loans greatly decrease upfront costs in most cases, but they also result in higher prices over time due to interest. However, the interest on solar loans also adds to your all-in costs, so it's vital to include that in your estimate as well. You can always reduce the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in East Bridgewater is the company you get to install your PV system. Similar to choosing a company to install new cabinets, for instance, there are plenty of solar installers that provide a range of services at different costs. The size of the company can sometimes play the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to greater 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 | $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
Since the brand of solar panels and the installer you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Installation Process: One of the most important things to understand when adopting solar power is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should acquire and how long the project will take.
- Contract: Though reading through a contract can be tedious, it's important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
- Solar Panel Brands: Not all solar companies have 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.
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 East Bridgewater, MA Solar Cost FAQs
What is the average cost of installing solar panels in East Bridgewater?
This is a difficult question to answer exactly, 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. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Is cost the most important thing to think about when buying solar panels?
Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in East Bridgewater?
Solar panels can be a beneficial investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already reasonably low, solar panels might not be for you.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and how much sunlight your roof gets. You can 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.