Solar Panel Cost Guide in Fitchburg, MA (2023 Update)
- Fitchburg Solar Installation Cost: $9,220
- 25-Year Savings: $18,455
- Payback Period: 8.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Fitchburg
See how much it might cost to go solar in Fitchburg.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Fitchburg, the average cost of solar panels is 2.94 per watt. Using this figure, a typical 4.5-kW system would cost about $9,220 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 solar panels you want, your solar contractor and more. Many homeowners find going solar is a rewarding investment. The average homeowner in Fitchburg can save about $23,000 on their electricity bills over 20 years.
To see your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Fitchburg
| Year | Return on Investment |
|---|---|
| 1 years | $-8,113 |
| 3 years | $-5,899 |
| 5 years | $-3,685 |
| 7 years | $-1,471 |
| 9 years | $743 |
| 11 years | $2,957 |
| 13 years | $5,171 |
| 15 years | $7,385 |
| 17 years | $9,599 |
| 19 years | $11,813 |
| 21 years | $14,027 |
| 23 years | $16,241 |
| 25 years | $18,455 |
Top Solar Installers in Fitchburg
Although you can install solar panels yourself, it involves extra effort and know-how. Because of that, the majority of homeowners choose to hire a solar panel installer. Plus, if you're unsure what type of solar panels and equipment you want, a solar expert can help you find the right equipment for you after a site survey and consultation.
There are several 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
See all of the solar companies in Fitchburg
Factors that Affect Solar Panel Costs in Fitchburg
Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few major factors that will push your cost above or below the average in Fitchburg: solar equipment and system size, financing options and the solar installation company you choose. We'll cover 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 most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power generation use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,940. The 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. However, more efficient panels could save you more over time on your electric bills. Additionally, extra products, such as solar batteries, can bump up your total well above the Fitchburg average.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That's why many Fitchburg homeowners opt to finance their solar panel systems to make paying for solar more affordable. Even though solar loans make going solar more accessible for Fitchburg homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar company you hire to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar installation companies operating in Fitchburg, and each can charge varying amounts for labor and equipment. You may come across national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $24,241 | 8.7 years |
| 8 kW | $3.00 | $16,793 | $32,650 | 8.5 years |
| 10 kW | $2.94 | $20,580 | $41,224 | 8.3 years |
| 12 kW | $2.88 | $24,202 | $49,963 | 8.2 years |
| 14 kW | $2.82 | $27,660 | $58,867 | 8.0 years |
| 16 kW | $2.76 | $30,952 | $67,935 | 7.8 years |
| 18 kW | $2.70 | $34,080 | $77,167 | 7.7 years |
| 20 kW | $2.65 | $37,044 | $86,565 | 7.5 years |
How to Save on Solar Panels
Since the brand of solar panels and the installer you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Different companies have various brands and kinds of panels. If you know you want a specific brand, make sure the solar company you're considering has it.
- Warranty: Warranties that cover defective panels and repairs over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one indication of a good company.
- Installation Process: When making the switch to solar energy, it's important to keep an open line of communication with your solar company. Make sure you understand how the installation process works and the completion timeline.
- 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.
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 Fitchburg, MA Solar Cost FAQs
What is the average cost of installing solar panels in Fitchburg?
The average cost of solar panels in Fitchburg is about $14,700 for a 5-kW system and $29,400 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the type of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Fitchburg?
Solar panels aren't free in Fitchburg, 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 further reduce the cost.
How much can I save on electricity bills after switching to solar?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Fitchburg, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
To figure out how many solar panels 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 generally produce about 250 to 400 watt-hours per hour, the average house 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.