Solar Panel Cost Guide in East Falmouth, MA (2023 Update)
- East Falmouth Solar Installation Cost: $8,484
- 25-Year Savings: $17,619
- Payback Period: 8.1 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in East Falmouth
Let's have a look at the average cost of solar in East Falmouth.
The average cost of a solar panel system in East Falmouth is 2.94 per watt. Using this figure, a typical 4.1-kW system would cost about $8,479 before the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll pay for solar may vary based on your household energy needs, the type of equipment you want, your solar contractor and more. With typical savings of about $24,000 on energy bills over 20 years, many homeowners in East Falmouth find investing in solar can pay off big.
Click the button below to get connected to a reputable solar installer in East Falmouth for a personalized estimate.
Solar savings over time in East Falmouth
| Year | Return on Investment |
|---|---|
| 1 years | $-8,397 |
| 3 years | $-8,223 |
| 5 years | $-8,049 |
| 7 years | $-7,875 |
| 9 years | $-7,701 |
| 11 years | $-7,527 |
| 13 years | $-7,353 |
| 15 years | $-7,179 |
| 17 years | $-7,005 |
| 19 years | $-6,831 |
| 21 years | $-6,657 |
| 23 years | $-6,483 |
| 25 years | $-6,309 |
Top Solar Installers in East Falmouth
Trying to install solar panels on your own can be a time-consuming project, which is why hiring a solar installation company is a good option for many homeowners. A solar installer can also help save you money over time by offering warranties, repairs and part replacements.
If you'd like to go solar but still aren't certain which solar system installer to go with, here are our suggestions for providers near you:
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 Falmouth
Factors that Affect Solar Panel Costs in East Falmouth
Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that will push your cost above or below the average in East Falmouth: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to spend around $2,940 per kilowatt in East Falmouth. The type of solar panels and equipment you want is another factor that will significantly impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Further, solar equipment goes beyond just the solar panels themselves. You'll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when searching for a solar system that's in your budget.
Solar Financing Terms
Most solar companies in East Falmouth offer solar loans, which reduce the initial cost of installing solar panels. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The remaining key cost factor you should keep in mind is the installer you choose. Given the booming popularity of clean energy solutions in East Falmouth, you'll have lots of options to choose from, but each comes at various price points for labor and equipment. The size of the company can sometimes play the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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 | $25,148 | 8.5 years |
| 8 kW | $3.00 | $16,793 | $33,860 | 8.3 years |
| 10 kW | $2.94 | $20,580 | $42,737 | 8.1 years |
| 12 kW | $2.88 | $24,202 | $51,778 | 8.0 years |
| 14 kW | $2.82 | $27,660 | $60,984 | 7.8 years |
| 16 kW | $2.76 | $30,952 | $70,355 | 7.6 years |
| 18 kW | $2.70 | $34,080 | $79,890 | 7.5 years |
| 20 kW | $2.65 | $37,044 | $89,590 | 7.3 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be a challenge, we have some tips to help you, such as:
- Installation Process: When going solar, it's essential to keep an open line of communication with your solar panel company. See to it that you understand how the installation process will go and the completion timeline.
- Reputation: Companies that have been operating for many years likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Contract: Though reading through a contract can take a lot of time, it's important to do it fully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Solar Panel Brands: The model of solar panel you'd like to get plays a part in which company you should choose, since different companies offer different panels.
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 Falmouth, MA Solar Cost FAQs
How much does it cost to install solar panels in East Falmouth?
The average cost of solar panels in East Falmouth 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 certain factors like 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 Falmouth?
Leasing solar panels can be an option if you are unable to pay upfront or get 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.
Is it worth going solar in East Falmouth?
Solar panels can be a fruitful 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 electricity bills are already reasonably low, solar panels might not be for you.
How long do solar panels last in East Falmouth?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can continue to use them at a lower efficiency.
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.