Solar Panel Cost Guide in Ludlow, MA (2025 Update)
- Ludlow Solar Installation Cost: $12,716
- 25-Year Savings: $30,370
- Payback Period: 13.2 Years
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Average Cost of Solar Panels in Ludlow
See how much it might cost to make the switch to solar in Ludlow.
While the national average of solar panels is $2.66 per watt, solar panels in Ludlow typically cost around 4.The average solar panel system size in Ludlow is around 4.5 kilowatts, meaning a cost of about $12,716 for a solar installation, or $18,184 before the 0 federal solar tax credit is applied.
These figures are just estimates, and the cost of going solar for you will most likely vary based on your specific situation and what company you go with.Despite the significant upfront cost, the average Ludlow homeowner can save around $20,000 on their electricity bills over 20 years, which is one of the benefits of solar.
To receive a free estimate from a highly rated solar installer in Ludlow, you can click the button below.
Solar savings over time in Ludlow
| 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 Ludlow
Trying to put up solar panels on your own can be a difficult task, which is why getting a solar installation company is a good option for many homeowners. Some solar companies, particularly local ones, can help you take advantage of incentives in Ludlow, therefore optimizing your ROI.
If you're searching for a solar installer in Ludlow, the EcoWatch team has put together 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
See all of the solar companies in Ludlow
Factors that Affect Solar Panel Costs in Ludlow
Even though the average cost of a solar system in Ludlow is $12,716, your actual cost may differ. There are many factors that can have a major impact on the cost of a solar system installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to pay about $4,060 per kilowatt in Ludlow.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Ludlow, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for solar panels out of pocket is too expensive, solar loans are a popular option because they cut back your upfront costs and let you pay for your system over five to seven years on average.However, the interest on solar loans also adds to your overall costs, so it’s crucial to include that in your estimate as well. You can always bring down the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The remaining significant cost factor you should consider is the installer you choose. Given the booming popularity of clean energy solutions in Ludlow, you’ll have lots of options to choose from, but each comes at various price points for labor and equipment.You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk prices, 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 | $4.22 | $17,734 | $14,528 | 13.7 years |
| 8 kW | $4.14 | $23,191 | $19,825 | 13.5 years |
| 10 kW | $4.06 | $28,420 | $25,349 | 13.2 years |
| 12 kW | $3.98 | $33,422 | $31,101 | 12.9 years |
| 14 kW | $3.90 | $38,196 | $37,081 | 12.7 years |
| 16 kW | $3.82 | $42,744 | $43,287 | 12.4 years |
| 18 kW | $3.74 | $47,064 | $49,722 | 12.2 years |
| 20 kW | $3.65 | $51,156 | $56,383 | 11.9 years |
How to Save on Solar Panels
The solar installer you opt for will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should keep in mind, such as:
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years most likely provide quality solar panel installation and expertise.
- Contract: Although reading through a contract can be tedious, it’s important to do it fully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: When making the switch to solar, it’s important to keep an open line of communication with your solar panel installer. Confirm that you understand how the installation process will go and the completion 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
EcoWatch's Ludlow, MA Solar Cost FAQs
How much does it cost to install solar panels in Ludlow?
The average cost of solar panels in Ludlow is about $20,300 for a 5-kW system and $40,600 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
The upfront cost is a key factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Is it worth going solar in Ludlow?
Solar panels can be a beneficial investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already pretty low, solar panels might not be for you.
How long do solar panels last in Ludlow?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger 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.