Solar Panel Cost Guide in East Falmouth, MA (Mar 2023)
- East Falmouth Solar Installation Cost: $8,479
- 25-Year Savings: $17,624
- Payback Period: 8.1 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in East Falmouth
We go over average solar pricing in East Falmouth.
The average cost of solar panels in East Falmouth is 2.94 per watt. Since a 4.1-kW system is needed to cover the energy usage of a typical home in East Falmouth, the average price of going solar will be about $8,479 after claiming the federal solar tax credit of 30%.
These figures are just averages, and the cost of going solar for you may vary based on your specific situation and what company you choose to go with. Many homeowners find going solar is a sound investment. The average homeowner in East Falmouth can save about $24,000 on their power bills over 20 years.
To get a free quote from a vetted solar company in East Falmouth, you can click the button below.
Solar savings over time in East Falmouth
Year | Return on Investment |
---|---|
1 years | $-7,435 |
3 years | $-5,347 |
5 years | $-3,258 |
7 years | $-1,170 |
9 years | $918 |
11 years | $3,006 |
13 years | $5,095 |
15 years | $7,183 |
17 years | $9,271 |
19 years | $11,360 |
21 years | $13,448 |
23 years | $15,536 |
25 years | $17,624 |
Top Solar Installers in East Falmouth
Although it's possible to install solar panels on your own, it requires extra effort and handiness. Because of that, most people choose to go with a solar panel installer. Also, companies with an outstanding reputation that cost more upfront could actually save you money in the long run with their warranties, repair services and expert design.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Falmouth
Factors that Affect Solar Panel Costs in East Falmouth
For many East Falmouth homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in East Falmouth, with typical prices between $20,000 to $40,000. There are numerous factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the cost of solar panels in East Falmouth, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy consumption, which you can gauge by looking at past power bills. Your total cost can increase by about $2,940 for each additional kilowatt you need. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your electric bills. Additionally, extra products, such as solar batteries, can bump up your total well above the East Falmouth average.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a big investment. That's why many East Falmouth homeowners opt to finance their solar panel systems to make going solar more affordable. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The solar panel installation company you select will affect your total cost to adopt solar energy. Different companies will bill different amounts for the equipment and labor. Additionally, some companies in East Falmouth have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
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 solar panel company you opt for will impact not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should take into account, including:
- 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 go with.
- Contract: Although reading through a contract can be tedious, it's important to do it fully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like the EcoWatch team.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should acquire and how long the project will take.
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 Falmouth, MA Solar Cost FAQs
What is the average cost of installing 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 stuff such as the kind of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
Cost is a crucial factor to consider, but whether it's the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.
Does East Falmouth have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future power bills.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.