Solar Panel Cost Guide in East Bridgewater, MA (2023 Update)
- East Bridgewater Solar Installation Cost: $8,520
- 25-Year Savings: $17,404
- Payback Period: 8.2 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated March 14, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in East Bridgewater
Let's take a look at the average cost of solar in East Bridgewater.
The average cost of solar panels in East Bridgewater is 2.94 per watt. The average solar panel system size in East Bridgewater is around 4.1 kilowatts, meaning a cost of about $8,520 for a solar installation, or $12,184 before the 30% federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you'll end up paying for solar will differ based on your household energy use, the type of solar panels you choose, your solar contractor and more. For most homeowners, the upfront cost of solar panels is worth paying. On average homeowners in East Bridgewater see about $24,000 in savings on energy bills over 20 years.
To get a free estimate from a vetted solar company in East Bridgewater, you can click the button below.
Solar savings over time in East Bridgewater
| 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 East Bridgewater
Many homeowners opt for a solar installer since trying to install solar panels by yourself can be hard. Plus, if you aren't sure what type of solar panels and equipment you need, a solar installer can help you find the right equipment for you after a site survey and consultation.
If you're on the hunt for a solar company in East Bridgewater, the EcoWatch team has put together 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
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 East Bridgewater
Factors that Affect Solar Panel Costs in East Bridgewater
For many East Bridgewater homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in East Bridgewater, with typical prices between $20,000 to $40,000. There are various factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
The size of the solar system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $2,940. The brand and kind of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag 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 will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are an affordable option because they lower your upfront costs and let you pay for your system over a term of, on average, between five and seven years. It's a good idea 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 the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
The solar company you opt for to handle your switch to solar energy can play a role in your total costs. There are about 3 solar panel companies operating in East Bridgewater, and each can charge different amounts for labor and equipment. Larger national companies usually have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional 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 | $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 kind of solar panels and the installer you choose greatly impacts your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: Companies that have been in business for many years likely have a good 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 support, such as part repairs and replacements.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. While there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you peruse their list of offerings before deciding.
- Contract: It's important to read through your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar company, such as what permits you should secure and what the project timeline is.
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 East Bridgewater, MA Solar Cost FAQs
What is the average cost of installing solar panels in East Bridgewater?
The average cost of solar panels in East Bridgewater 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 stuff such as the kind of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in East Bridgewater?
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 incentives and your home value won't increase. Buying solar panels is a better way to go if you want to get the most savings.
Do solar panels increase your property value?
Solar panels can increase the value of your home considerably as long as you buy or finance your panels and don't opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the average daily 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 get 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.