Solar Panel Cost Guide in Longmeadow, MA (2024 Update)
- Longmeadow Solar Installation Cost: $12,716
- 25-Year Savings: $15,724
- Payback Period: 12.8 Years
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Average Cost of Solar Panels in Longmeadow
Let’s take a look at the average cost of solar in Longmeadow.
While the national average of solar panels is $2.66 per watt, solar panels in Longmeadow generally cost about 4.Because a 4.5-kW system is needed to cover the energy usage of a typical home in Longmeadow, the average price of going solar will be about $12,716 after claiming the federal solar tax credit of 0.
Keep in mind that the figures above are only estimates based on the average Longmeadow homeowner. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.With typical savings of about $21,000 on electricity bills over 20 years, many homeowners in Longmeadow find investing in solar can pay off big.
To get a free quote from a vetted solar installation company in Longmeadow, you can click the button below.
Solar savings over time in Longmeadow
| Year | Return on Investment |
|---|---|
| 1 years | $-10,992 |
| 3 years | $-7,545 |
| 5 years | $-4,098 |
| 7 years | $-651 |
| 9 years | $2,795 |
| 11 years | $6,242 |
| 13 years | $9,689 |
| 15 years | $13,136 |
| 17 years | $16,583 |
| 19 years | $20,030 |
| 21 years | $23,477 |
| 23 years | $26,923 |
| 25 years | $30,370 |
Top Solar Installers in Longmeadow
When going solar, many homeowners prefer to use a solar installation company since installing solar panels yourself can be a time-consuming project. Another upside of using a solar company is that they can help you optimize your ROI by lowering your future costs of repairs and replacements due to warranties and helping you learn about local incentives you can take advantage of.
If you're searching for a solar installer in Longmeadow, the EcoWatch team has compiled a list of our top suggestions here:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Longmeadow
Factors that Affect Solar Panel Costs in Longmeadow
Although the average cost of a solar system in Longmeadow is $12,716, your final cost may be above or below the average. There are quite a few factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
The size of the solar energy system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $4,060. There are many different solar panel brands and the one you choose also affects the cost. Generally, the brands that are more efficient tend to also be more expensive. Additionally, the type of equipment you choose can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are offered by most installers in Longmeadow, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible.It’s wise to factor the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
Lastly, the company you get to install your solar panels can impact how much you pay. Longmeadow’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
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 | $15,700 | 13.3 years |
| 8 kW | $4.14 | $23,191 | $21,388 | 13.0 years |
| 10 kW | $4.06 | $28,420 | $27,303 | 12.8 years |
| 12 kW | $3.98 | $33,422 | $33,446 | 12.5 years |
| 14 kW | $3.90 | $38,196 | $39,816 | 12.2 years |
| 16 kW | $3.82 | $42,744 | $46,414 | 12.0 years |
| 18 kW | $3.74 | $47,064 | $53,238 | 11.7 years |
| 20 kW | $3.65 | $51,156 | $60,291 | 11.5 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since choosing a company can be a tough decision, we have some tips to help you, such as:
- Solar Panel Brands: The type of solar panel you want plays a part in which company you should opt for, since different companies provide different panels.
- Contract: When reading over your solar installer’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
- Installation Process: When making the switch to solar, it’s essential to keep an open line of communication with your solar panel installer. Confirm that you understand how the installation process will go and the project timeline.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Longmeadow, MA Solar Cost FAQs
How much does it cost to install solar panels in Longmeadow?
This is a hard question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $20,300 for a 5-kW system and $40,600 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have above-average energy needs. On the flip side, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
What other factors should I consider apart from cost when buying solar panels?
Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase the value of your home?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Longmeadow is currently $477,892, so you could be looking at a value of about $19,594 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Longmeadow is a rewarding investment.
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 decreases 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.