Solar Panel Cost Guide in Middleborough, MA (2024 Update)
- Middleborough Solar Installation Cost: $11,760
- 25-Year Savings: $16,448
- Payback Period: 11.8 Years
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Average Cost of Solar Panels in Middleborough
Find out how much it might cost to install solar panels in Middleborough.
The national average cost of solar panels is $2.66 per watt, but in Middleborough it’s 4 per watt.Using this figure, a typical 4.1-kW system would cost about $11,760 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy needs, the type of solar system you want, your solar contractor and more.Many homeowners find adopting solar power is a rewarding investment. The average homeowner in Middleborough can save around $23,000 on their electricity bills over 20 years.
Click the button below to get connected to a highly rated solar panel company in your area for a customized quote.
Solar savings over time in Middleborough
| Year | Return on Investment |
|---|---|
| 1 years | $-10,415 |
| 3 years | $-7,723 |
| 5 years | $-5,032 |
| 7 years | $-2,341 |
| 9 years | $351 |
| 11 years | $3,042 |
| 13 years | $5,733 |
| 15 years | $8,424 |
| 17 years | $11,116 |
| 19 years | $13,807 |
| 21 years | $16,498 |
| 23 years | $19,189 |
| 25 years | $21,881 |
Top Solar Installers in Middleborough
Although it's possible to install solar panels yourself, it takes extra labor and expertise. For that reason, most people choose to hire a solar panel installer. The expertise that solar installers provide can be useful as well, particularly if you aren’t sure what type of solar equipment would be right for your home.
If you're searching for a solar installer in Middleborough, 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
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 Middleborough
Factors that Affect Solar Panel Costs in Middleborough
For many Middleborough homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Middleborough, with typical prices between $20,000 to $40,000. There are a few factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power generation require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $4,060.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Middleborough, 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
Many homeowners find the average cost of solar in Middleborough to be too costly, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides financing options. Solar loans remarkably decrease upfront costs in most cases, but they also result in paying more over time because of interest.You’ll have to consider the long-term cost of financing options, including the total interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar panel system can influence the cost. Middleborough’s solar companies all have different labor costs and add varying upcharges to equipment. You may notice national solar installers that have lower prices due to their larger brand name and access to bulk equipment 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 | $18,463 | 12.2 years |
| 8 kW | $4.14 | $23,191 | $25,072 | 12.0 years |
| 10 kW | $4.06 | $28,420 | $31,909 | 11.8 years |
| 12 kW | $3.98 | $33,422 | $38,973 | 11.5 years |
| 14 kW | $3.90 | $38,196 | $46,264 | 11.3 years |
| 16 kW | $3.82 | $42,744 | $53,782 | 11.1 years |
| 18 kW | $3.74 | $47,064 | $61,528 | 10.8 years |
| 20 kW | $3.65 | $51,156 | $69,501 | 10.6 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose affects which solar panel brands you have access to.
- Warranty: Warranties that cover panel repairs and maintenance over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one sign of a good company.
- Contract: It’s important to read your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
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 Middleborough, MA Solar Cost FAQs
How much does it cost to install solar panels in Middleborough?
This is a difficult question to answer precisely, 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. It will be more expensive if you want other solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Middleborough?
Solar panels aren’t free in Middleborough, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How will installing solar panels impact my property value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Middleborough is currently $505,736, which means you can look forward to a value of about $20,735 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Middleborough is a worthwhile investment.
How long do solar panels last in Middleborough?
On average, the lifespan of solar panels is 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 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.