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Top Solar Installers in Lakeville
When making the switch to solar, many homeowners decide to use a solar installation company since installing solar panels yourself can be a time-consuming project. Companies can also have access to a large variety of the best solar panels and help you choose which one will be best for you.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
See all of the solar companies in Lakeville
Factors that Affect Solar Panel Costs in Lakeville
The cost of installing a solar system in Lakeville can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
The cost of solar panels varies by thousands of dollars due to some different factors. One of the main factors is the system size. Solar power systems that have better efficiency or power production require 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 kind of 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 energy bills. Additionally, extra products, like solar batteries, can bump up your total well above the Lakeville average.
Solar Financing Terms
If paying for solar panels in cash is too expensive, solar loans are a solid option because they lower your upfront costs and allow you to pay for your system over five to seven years on average. Though solar loans make adopting solar energy more accessible for Lakeville homeowners, they can also increase 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
Finally, the company you opt for to install your solar panel system can influence your pricing. Lakeville's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Lakeville have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.
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||$23,007||9.0 years|
|8 kW||$3.00||$16,793||$31,006||8.8 years|
|10 kW||$2.94||$20,580||$39,169||8.6 years|
|12 kW||$2.88||$24,202||$47,496||8.4 years|
|14 kW||$2.82||$27,660||$55,989||8.3 years|
|16 kW||$2.76||$30,952||$64,646||8.1 years|
|18 kW||$2.70||$34,080||$73,467||7.9 years|
|20 kW||$2.65||$37,044||$82,453||7.7 years|
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Warranty: Warranties that cover replacement parts and repairs over a couple decades are the best you can get in the business, and offering that kind of warranty is one mark of a good company.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. Although there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so be sure to take a look at their list of offerings before making your decision.
- Contract: Before you sign a contract with a solar installer, make sure to read it through fully so you understand the terms. Also, ask questions if you're not certain about some of the terms, such as what the warranty covers and what services you can expect from them.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the completion timeline.
EcoWatch's Lakeville, MA Solar Cost FAQs
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.