Solar Panel Cost Guide in Everett, MA (2024 Update)

  • Everett Solar Installation Cost: $12,674
  • 25-Year Savings: $16,836
  • Payback Period: 12.2 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Everett

See how much it might cost to switch to solar power in Everett.

Although the national average of solar panels is $2.66 per watt, solar panels in Everett generally cost about 4.To account for the typical energy needs of the average home in Everett, most homeowners require a 4.5-kilowatt system. Using the figure above, a solar installation costs about $12,674, or $18,124 before the federal solar tax credit of 0 is applied.

The true cost of your system can be higher or lower than the average in Everett based on several factors, such as the model of solar panels you choose and the solar company you hire.Many homeowners find installing a solar panel system is a sound investment. The average homeowner in Everett can save around $22,000 on their power bills over 20 years.

For a personalized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.

Solar savings over time in Everett

Year Return on Investment
1 years $-10,950
3 years $-7,503
5 years $-4,057
7 years $-610
9 years $2,837
11 years $6,284
13 years $9,731
15 years $13,178
17 years $16,625
19 years $20,072
21 years $23,518
23 years $26,965
25 years $30,412

Top Solar Installers in Everett

Many homeowners opt for a solar installation company since figuring out how to install solar panels by yourself can be a lot of work. 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 switch to solar energy but still aren’t sure which solar company to go with, here are our recommendations for providers near you:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

See all of the solar companies in Everett

Factors that Affect Solar Panel Costs in Everett

Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few key factors that determine your overall cost in Everett: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over 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 energy your household consumes, the larger your system will likely need to be. You can expect to spend around $4,060 per kilowatt in Everett.The kind of solar panels and equipment you get is another factor that will largely influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Moreover, solar equipment consists of more than 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 looking for a solar system that falls within your budget.

Solar Financing Terms

For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are provided by most installers in Everett, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable.When considering your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying a higher down payment can lower the total interest paid over time.

Solar Panel Installation Company

A final consideration when trying to figure out the cost of solar for your home or business in Everett is the company you get to install your solar system. As with choosing a company to renovate your kitchen, for instance, you’ll have no shortage of solar installers that provide a range of services for different budgets.The company’s size sometimes plays the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices because they have greater 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 discount can bring their pricing lower 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 $4.22 $17,734 $17,266 12.7 years
8 kW $4.14 $23,191 $23,477 12.4 years
10 kW $4.06 $28,420 $29,914 12.2 years
12 kW $3.98 $33,422 $36,579 11.9 years
14 kW $3.90 $38,196 $43,471 11.7 years
16 kW $3.82 $42,744 $50,591 11.4 years
18 kW $3.74 $47,064 $57,938 11.2 years
20 kW $3.65 $51,156 $65,512 11.0 years

How to Save on Solar Panels

Since the kind of solar panels and the company you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:

  • Contract: It’s important to read through your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about your solar system’s energy production.
  • Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the project timeline.
  • 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 significant role in the company you go with.
  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to get the job done well. Another way you can research your installer’s reputation is by reading reviews.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

EcoWatch's Everett, MA Solar Cost FAQs

How much does it cost to install solar panels in Everett?

This is a tough question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $20,300 for a 5-kW system and $40,600 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or more efficient panels, or if you have above-average energy usage. Conversely, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.

Can you get solar panels for free in Everett?

Solar panels aren’t free in Everett, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.

Do solar panels increase your property value?

Solar panels can increase your home value remarkably as long as you buy or finance your panels and don’t choose 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."

How often do you have to replace solar panels?

On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.

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.

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