Solar Panel Cost Guide in Hull, MA (Nov 2022)

  • Hull Solar Installation Cost: $8,520
  • 25-Year Savings: $16,677
  • Payback Period: 8.4 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 11/09/2022

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Average Cost of Solar Panels in Hull

Find out what the average cost of solar panels are in Hull.

In Hull, solar panels cost about $3 per watt on average. Because a 4.1-kW system is needed to cover the energy consumption of a typical home in Hull, the average price of going solar will be about $8,520 before claiming the federal solar tax credit of 30%.

These figures are just estimates, and how much solar costs for you may vary based on the amount of energy your home requires and what company you choose to go with. Even with the high upfront cost, the average Hull homeowner can save around $23,000 on their energy bills over 20 years, which is one of the benefits of solar.

To calculate your potential savings and connect with a local solar company, click the button below.

Solar savings over time in Hull

Year Return on Investment
1 years $-7,512
3 years $-5,496
5 years $-3,481
7 years $-1,465
9 years $551
11 years $2,567
13 years $4,582
15 years $6,598
17 years $8,614
19 years $10,630
21 years $12,645
23 years $14,661
25 years $16,677

Top Solar Installers in Hull

Although it's possible to install solar panels by yourself, it involves extra time and knowledge. For that reason, most homeowners choose to go with a solar panel installer. Companies can also have access to quality options of the best solar panels and help you decide which one will be right for your family.

If you're searching for a solar company in Hull, the EcoWatch team has put together a list of our top suggestions here:

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 Technology

Tesla Energy

★★★★★
4.5

  • 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 Hull

Factors that Affect Solar Panel Costs in Hull

The cost of installing a solar system in Hull can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.

Solar Equipment

The size of the solar system you need to offset your energy usage is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $2,940. The solar equipment you choose can bring your price up or down 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, higher efficiency could save you more in the long run on your energy bills. In addition, extra products, such as solar batteries, can bump up your total well above the Hull 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 Hull homeowners choose to finance their solar panel systems to make paying for solar more affordable. However, the interest on solar loans also increases your all-in costs, so it's important to keep that in mind as well. You can always lower the total you pay in interest and sometimes even your APR by making a larger down payment.

Solar Panel Installation Company

The solar company you go with to handle your switch to renewable energy can play a role in your total costs. There are about 3 solar installation companies operating throughout Hull, and each can charge varying amounts for labor and equipment. You may see national solar installers that have lower prices because of their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials 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 $23,693 8.8 years
8 kW $3.00 $16,793 $31,920 8.6 years
10 kW $2.94 $20,580 $40,311 8.4 years
12 kW $2.88 $24,202 $48,867 8.3 years
14 kW $2.82 $27,660 $57,588 8.1 years
16 kW $2.76 $30,952 $66,474 7.9 years
18 kW $2.70 $34,080 $75,524 7.8 years
20 kW $2.65 $37,044 $84,738 7.6 years

How to Save on Solar Panels

There are a large number of companies to choose from in Hull, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:

  • Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. Even though there are many options for which brand of solar panel you can get, not every company will have the exact one you may want or need, so make sure you ask for their list of offerings before deciding.
  • Contract: Before you sign a contract with a solar installer, make sure to look it over carefully so you understand the terms. Also, ask questions if you're not certain about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
  • Installation Process: When going solar, it's essential to maintain an open line of communication with your solar company. Confirm that you understand how the installation process will go and the project timeline.
  • Reputation: Solar installers that have great reviews from their customers and that have been operating for many years most likely offer good-quality solar panel installation and expertise.

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 Technology

Tesla Energy

★★★★★
4.5

  • 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 Hull, MA Solar Cost FAQs

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

The average cost of solar panels in Hull is about $14,700 for a 5-kW system and $29,400 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 use.

Can you get solar panels for free in Hull?

You can't get solar panels for free in Hull. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.

Does Hull have a net metering program?

Most states offer 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.

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 needs 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 home 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.

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