Solar Panel Cost Guide in Easthampton Town, MA (2024 Update)
- Easthampton Town Solar Installation Cost: $12,815
- 25-Year Savings: $14,727
- Payback Period: 13.3 Years
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Average Cost of Solar Panels in Easthampton Town
See how much it might cost to install solar panels in Easthampton Town.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Easthampton Town, the average cost of a solar system is 4 per watt.The average solar panel system size in Easthampton Town is around 4.5 kilowatts, meaning a cost of about $12,815 for a solar installation, or $18,325 before the 0 federal solar tax credit is applied.
These figures are only averages, and your own solar costs may differ based on your specific situation and what company you choose to go with.With average savings of about $20,000 on electricity bills over 20 years, many homeowners in Easthampton Town find investing in solar can pay off big.
Click the button below to get connected to a highly rated solar company in Easthampton Town for a custom quote.
Solar savings over time in Easthampton Town
Year | Return on Investment |
---|---|
1 years | $-11,092 |
3 years | $-7,645 |
5 years | $-4,198 |
7 years | $-751 |
9 years | $2,695 |
11 years | $6,142 |
13 years | $9,589 |
15 years | $13,036 |
17 years | $16,483 |
19 years | $19,930 |
21 years | $23,377 |
23 years | $26,824 |
25 years | $30,270 |
Top Solar Installers in Easthampton Town
When going solar, many homeowners prefer to go with a solar installer since installing solar panels yourself can be a time-consuming project. Local solar installers can also help you optimize your return on investment by walking you through any local incentives you can benefit from and by providing warranties and repairs.
If you're on the hunt for a solar company in Easthampton Town, 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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Easthampton Town
Factors that Affect Solar Panel Costs in Easthampton Town
For many Easthampton Town homeowners, the decision to install solar panels depends on cost. However, the range of solar installation costs can be quite wide in Easthampton Town, with typical prices between $20,000 to $40,000. There are numerous factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar panel system in Easthampton Town, 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 determine by looking at past power bills. Your total cost can increase by about $4,060 for each additional kilowatt you need.The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for 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 over time on your power bills. Additionally, extra products, such as solar batteries, can bring your total well above the Easthampton Town average.
Solar Financing Terms
Most solar installers in Easthampton Town offer solar loans, which reduce the initial cost of installing solar panels.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panel system can impact the cost. Easthampton Town’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional 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 | $4.22 | $17,734 | $14,210 | 13.9 years |
8 kW | $4.14 | $23,191 | $19,401 | 13.6 years |
10 kW | $4.06 | $28,420 | $24,820 | 13.3 years |
12 kW | $3.98 | $33,422 | $30,466 | 13.1 years |
14 kW | $3.90 | $38,196 | $36,339 | 12.8 years |
16 kW | $3.82 | $42,744 | $42,440 | 12.5 years |
18 kW | $3.74 | $47,064 | $48,768 | 12.3 years |
20 kW | $3.65 | $51,156 | $55,323 | 12.0 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be difficult, we have some tips to help you, such as:
- Installation Process: Make sure you’re on the same page with the installer in regard to how the installation process will go and what needs to be done before your solar system is installed, such as repairing your electrical system or roof.
- 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 substantial role in the company you choose.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to get the job done well. Another way you can look into your installer’s reputation is by reading reviews.
- Warranty: Each company may offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Easthampton Town, MA Solar Cost FAQs
How much does it cost to install solar panels in Easthampton Town?
The average cost of solar panels in Easthampton Town is about $20,300 for a 5-kW system and $40,600 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.
Are solar panels free in Easthampton Town?
You can’t get solar panels for free in Easthampton Town. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Can you sell solar power back to the grid in Easthampton Town?
Most states have net metering programs of some kind. Through these, you can get paid for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels should I get 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 take a 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.