Solar Panel Cost Guide in Mattapoisett Center, MA (2023 Update)
- Mattapoisett Center Solar Installation Cost: $8,520
- 25-Year Savings: $17,583
- Payback Period: 8.2 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Mattapoisett Center
Here's how much it might cost to make the switch to solar in Mattapoisett Center.
While the national average of solar panels is $2.66 per watt, solar panels in Mattapoisett Center generally cost around 2.94. To cover the typical energy needs of the average home in Mattapoisett Center, most homeowners require a 4.1-kilowatt system. Using the figure above, a solar installation costs around $8,520, or $12,184 before the federal solar tax credit of 30% is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The actual cost of installing solar panels can vary based on a few factors, such as how many panels you need, your energy consumption and what company you go with. Many homeowners find installing a solar panel system is a rewarding investment. The average homeowner in Mattapoisett Center can save about $24,000 on their power bills over 20 years.
To see your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Mattapoisett Center
| Year | Return on Investment |
|---|---|
| 1 years | $-7,476 |
| 3 years | $-5,388 |
| 5 years | $-3,299 |
| 7 years | $-1,211 |
| 9 years | $877 |
| 11 years | $2,965 |
| 13 years | $5,054 |
| 15 years | $7,142 |
| 17 years | $9,230 |
| 19 years | $11,318 |
| 21 years | $13,407 |
| 23 years | $15,495 |
| 25 years | $17,583 |
Top Solar Installers in Mattapoisett Center
Installing solar panels yourself can be a stressful undertaking, which is why using a solar installation company is a good option for many homeowners. A solar company can also help save you money in the long run by providing warranties, repairs and component replacements.
If you're looking for a solar company in Mattapoisett Center, we've 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
See all of the solar companies in Mattapoisett Center
Factors that Affect Solar Panel Costs in Mattapoisett Center
There are many criteria that can determine your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
The size of the solar system you need for your household, 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 $2,940. There are several different solar panel brands and the one you pick also changes the cost. Usually, the brands that offer higher efficiency tend to also be more expensive. Additionally, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in Mattapoisett Center to be prohibitively expensive, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides financing options. Solar loans greatly decrease upfront costs in most cases, but they also result in paying more over time due to interest. It's a good idea to factor the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
The final key cost factor you should keep in mind is the installer you choose. Given the booming popularity of green energy solutions in Mattapoisett Center, you'll have plenty of options to choose from, but each comes at varying price points for labor and equipment. Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and decide on the company that has the products, warranties and services you're looking for and also fit into your budget.
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 | $25,007 | 8.5 years |
| 8 kW | $3.00 | $16,793 | $33,672 | 8.3 years |
| 10 kW | $2.94 | $20,580 | $42,501 | 8.2 years |
| 12 kW | $2.88 | $24,202 | $51,495 | 8.0 years |
| 14 kW | $2.82 | $27,660 | $60,654 | 7.8 years |
| 16 kW | $2.76 | $30,952 | $69,977 | 7.7 years |
| 18 kW | $2.70 | $34,080 | $79,465 | 7.5 years |
| 20 kW | $2.65 | $37,044 | $89,118 | 7.3 years |
How to Save on Solar Panels
The solar panel company you choose will be a major factor in determining not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should consider, including:
- Contract: When looking through your solar installer's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
- 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 access to the exact one you may want or need, so be sure to peruse their list of offerings before deciding.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years likely offer quality solar panel installation and expertise.
- Installation Process: When making the switch to solar, it's necessary to maintain an open line of communication with your solar installer. Make sure 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
EcoWatch's Mattapoisett Center, MA Solar Cost FAQs
What is the average cost of installing solar panels in Mattapoisett Center?
The average cost of solar panels in Mattapoisett Center is about $14,700 for a 5-kW system and $29,400 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the type of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Mattapoisett Center?
You can't get solar panels for free in Mattapoisett Center. However, you may still be able to install 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.
Do solar panels increase how much your home is worth?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Mattapoisett Center is currently $469,900, which means you can expect a value of about $19,266 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Mattapoisett Center is a worthwhile investment.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them once you've had them for that long or you can continue to use them at a lower efficiency.
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.