Solar Panel Cost Guide in Easthampton Town, MA (Mar 2023)
- Easthampton Town Solar Installation Cost: $9,282
- 25-Year Savings: $14,726
- Payback Period: 9.7 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Easthampton Town
We go over average solar pricing in Easthampton Town.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Easthampton Town, the average cost of solar panels is 2.94 per watt. Using this figure, a typical 4.5-kW system would cost about $9,282 before the 30% federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Easthampton Town homeowner. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. But, once you've paid the initial cost of installation, the payback for most homeowners is usually rewarding, with a net average savings of about $20,000 over 20 years on energy bills.
For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Easthampton Town
Year | Return on Investment |
---|---|
1 years | $-8,321 |
3 years | $-6,401 |
5 years | $-4,480 |
7 years | $-2,559 |
9 years | $-639 |
11 years | $1,282 |
13 years | $3,202 |
15 years | $5,123 |
17 years | $7,044 |
19 years | $8,964 |
21 years | $10,885 |
23 years | $12,805 |
25 years | $14,726 |
Top Solar Installers in Easthampton Town
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Taking advantage of an installer can make swapping over to solar power much easier. A solar company can also help save you money in the long run by providing warranties, repairs and component replacements.
If you'd like to start using solar energy but still aren't certain which solar panel company to go with, here are our suggestions for providers in Easthampton Town:
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 Easthampton Town
Factors that Affect Solar Panel Costs in Easthampton Town
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few major factors that determine your overall cost in Easthampton Town: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,940. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Easthampton Town, where sunlight isn't as abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in Easthampton Town provide solar loans, which reduce the initial cost of installing a solar system. While solar loans make going solar more accessible for Easthampton Town homeowners, they can also increase the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar company you pick will affect your total cost to go solar. Different companies will bill different amounts for the equipment and labor. The company's size can sometimes play the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to greater resources and bulk 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 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 | $19,102 | 10.1 years |
8 kW | $3.00 | $16,793 | $25,798 | 9.9 years |
10 kW | $2.94 | $20,580 | $32,660 | 9.7 years |
12 kW | $2.88 | $24,202 | $39,686 | 9.5 years |
14 kW | $2.82 | $27,660 | $46,876 | 9.3 years |
16 kW | $2.76 | $30,952 | $54,231 | 9.1 years |
18 kW | $2.70 | $34,080 | $61,751 | 8.9 years |
20 kW | $2.65 | $37,044 | $69,435 | 8.7 years |
How to Save on Solar Panels
There are many companies available in Easthampton Town, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
- Contract: It's important to read through your solar installer's contract well to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- Solar Panel Brands: Not all solar installers have 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: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
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 Easthampton Town, MA Solar Cost FAQs
What is the average cost of installing solar panels in Easthampton Town?
This is a hard question to answer precisely, because the cost depends on a variety of factors. Generally speaking, it costs about $14,700 for a 5-kW system and $29,400 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Is cost the most important thing to consider when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Easthampton Town have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future electricity bills.
How long do solar panels last in Easthampton Town?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can choose 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.