Solar Panel Cost Guide in Hatfield, MA (2023 Update)
- Hatfield Solar Installation Cost: $9,280
- 25-Year Savings: $15,453
- Payback Period: 9.4 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Hatfield
Let's take a look at the average cost of solar panels in Hatfield.
The national average cost of solar panels is $2.66 per watt, but in Hatfield it's 2.94 per watt. Because a 4.5-kW system is needed to cover the energy usage of a typical home in Hatfield, the average price of going solar will be about $9,282 after claiming the federal solar tax credit of 30%.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar may look quite different based on your household energy needs, the type of solar system you choose, your solar contractor and more. But, once you've paid the initial cost of installation, the savings for most homeowners is typically good, with a net average savings of about $21,000 over 20 years on energy bills.
Click the button below to get connected to a vetted solar installer in your area for a customized estimate.
Solar savings over time in Hatfield
| Year | Return on Investment |
|---|---|
| 1 years | $-7,557 |
| 3 years | $-4,110 |
| 5 years | $-663 |
| 7 years | $2,784 |
| 9 years | $6,231 |
| 11 years | $9,678 |
| 13 years | $13,125 |
| 15 years | $16,571 |
| 17 years | $20,018 |
| 19 years | $23,465 |
| 21 years | $26,912 |
| 23 years | $30,359 |
| 25 years | $33,806 |
Top Solar Installers in Hatfield
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can use up a lot of your time and energy. Using a solar panel installer can make switching to solar power much easier. Plus, if you're not certain what kind of solar panels and equipment you want, a solar company can help you find the right equipment for you after a site survey and consultation.
If you'd like to make the switch to solar but still aren't certain which solar panel installer to go with, here are our suggestions for providers in Hatfield:
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 Hatfield
Factors that Affect Solar Panel Costs in Hatfield
The cost of installing a solar system in Hatfield can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it's a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use. The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get 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, like solar batteries, can bump up your total well above the Hatfield average.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are provided by most installers in Hatfield, which can lower, or in some cases eliminate, your upfront costs to make solar more accessible. While solar loans make going solar more accessible for Hatfield homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar installation company you select will impact your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor. The company's size sometimes plays the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to more resources and better 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 promotion can bring their pricing lower to compete with bigger 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 | $20,067 | 9.8 years |
| 8 kW | $3.00 | $16,793 | $27,086 | 9.6 years |
| 10 kW | $2.94 | $20,580 | $34,269 | 9.4 years |
| 12 kW | $2.88 | $24,202 | $41,616 | 9.2 years |
| 14 kW | $2.82 | $27,660 | $49,128 | 9.0 years |
| 16 kW | $2.76 | $30,952 | $56,805 | 8.8 years |
| 18 kW | $2.70 | $34,080 | $64,647 | 8.6 years |
| 20 kW | $2.65 | $37,044 | $72,653 | 8.4 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to do the job well. Another way you can verify your installer's reputation is by reading reviews.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose affects which solar panel brands you have access to.
- Installation Process: When going solar, it's crucial to keep an open line of communication with your solar installer. Make sure you understand how the installation process works and the project timeline.
- Contract: When reading over your solar company's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
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 Hatfield, MA Solar Cost FAQs
What is the average cost of installing solar panels in Hatfield?
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 cost more if you want other solar equipment or more efficient panels, or if you have above-average energy needs. On the other hand, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Hatfield?
Solar panels aren't free in Hatfield, but there are some options that can make getting them more viable, 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 power bills after installing solar panels?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Hatfield, that will require at least a 10-kW system. Not all homes will have the roof space for 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 what solar panel system size you need, you should find out how much energy your home requires 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.