Solar Panel Cost Guide in Millis Clicquot, MA (2023 Update)
- Millis Clicquot Solar Installation Cost: $9,076
- 25-Year Savings: $17,027
- Payback Period: 8.7 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Millis Clicquot
We break down average solar pricing in Millis Clicquot.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Millis Clicquot, the typical cost of solar panels is 2.94 per watt. The average Millis Clicquot homeowner needs a 4.4-kilowatt system, which would cost about $9,076 with the federal tax credit, or $12,979 before the 30% tax credit is applied.
The actual price you pay can go above or below the average in Millis Clicquot based on a few factors, such as the type of solar panels you choose and the solar installer you hire. Even with the high upfront cost, the average Millis Clicquot homeowner can save about $22,000 on their energy bills over 20 years, which is one of the positives of solar.
To receive a free quote from a pre-vetted solar installation company in Millis Clicquot, you can click the button below.
Solar savings over time in Millis Clicquot
| Year | Return on Investment |
|---|---|
| 1 years | $-8,032 |
| 3 years | $-5,943 |
| 5 years | $-3,855 |
| 7 years | $-1,767 |
| 9 years | $321 |
| 11 years | $2,410 |
| 13 years | $4,498 |
| 15 years | $6,586 |
| 17 years | $8,674 |
| 19 years | $10,763 |
| 21 years | $12,851 |
| 23 years | $14,939 |
| 25 years | $17,027 |
Top Solar Installers in Millis Clicquot
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Taking advantage of an installer can make switching to solar power much easier. Plus, if you're unsure what kind of solar panels and equipment you may need, a solar installer can help you figure that out after a site survey and consultation.
Working with a licensed solar company can help your solar project go smoothly. Here are our recommendations:
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 Millis Clicquot
Factors that Affect Solar Panel Costs in Millis Clicquot
The cost of installing a solar system in Millis Clicquot can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
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 nearly $2,940. There are many different solar panel brands and the one you choose also changes the cost. In many cases, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you're looking to get can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are available from most installers in Millis Clicquot, which can lower, or in some cases eliminate, your upfront costs to make solar more accessible. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The solar panel installation company you pick will influence your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor. The size of the company sometimes plays the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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 | $22,683 | 9.0 years |
| 8 kW | $3.00 | $16,793 | $30,574 | 8.9 years |
| 10 kW | $2.94 | $20,580 | $38,629 | 8.7 years |
| 12 kW | $2.88 | $24,202 | $46,848 | 8.5 years |
| 14 kW | $2.82 | $27,660 | $55,233 | 8.3 years |
| 16 kW | $2.76 | $30,952 | $63,782 | 8.2 years |
| 18 kW | $2.70 | $34,080 | $72,495 | 8.0 years |
| 20 kW | $2.65 | $37,044 | $81,374 | 7.8 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be a tough decision, we have some tips to help you, such as:
- Reputation: Long-standing companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Contract: It's important to read your solar installer's contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system's energy production.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose affects which solar panel brands you have access to.
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be done and what the project timeline is.
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 Millis Clicquot, MA Solar Cost FAQs
What is the average cost of installing solar panels in Millis Clicquot?
The average cost of solar panels in Millis Clicquot is about $14,700 for a 5-kW system and $29,400 for a 10-kW system before the ITC, but the actual cost will depend on things like the model of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to think about when buying solar panels?
Cost is a crucial factor to consider, but whether it's the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Millis Clicquot?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future energy bills.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy consumption and the average daily sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to cover their typical energy usage.
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.