Solar Panel Cost Guide in North Plymouth, MA (2024 Update)
- North Plymouth Solar Installation Cost: $11,760
- 25-Year Savings: $17,587
- Payback Period: 11.3 Years
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Average Cost of Solar Panels in North Plymouth
See how much it might cost to make the switch to solar in North Plymouth.
In North Plymouth, solar panels cost about 4 per watt on average.Since a 4.1-kW system is needed to cover the energy usage of a typical home in North Plymouth, the average price of going solar will be about $11,760 after claiming the federal solar tax credit of 0.
Keep in mind that the figures above are only estimates based on the average energy use of North Plymouth homeowners. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.But, once you've paid the initial cost of installation, the return on investment for most homeowners is quite fruitful, with a net average savings of about $24,000 over 20 years on energy bills.
Click the button below to get connected to a reputable solar installer in your area for a customized estimate.
Solar savings over time in North Plymouth
Year | Return on Investment |
---|---|
1 years | $-10,159 |
3 years | $-6,956 |
5 years | $-3,754 |
7 years | $-551 |
9 years | $2,652 |
11 years | $5,854 |
13 years | $9,057 |
15 years | $12,259 |
17 years | $15,462 |
19 years | $18,665 |
21 years | $21,867 |
23 years | $25,070 |
25 years | $28,273 |
Top Solar Installers in North Plymouth
Although you can install solar panels on your own, it takes extra time and expertise. That's why most homeowners choose to hire a solar panel installer. Another benefit of utilizing a solar installer is that they can help you maximize your ROI by reducing your future costs of repairs and replacements because of warranties and helping you learn about local incentives you can take advantage of.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some in North Plymouth:
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 North Plymouth
Factors that Affect Solar Panel Costs in North Plymouth
There are a number of factors that can play into your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy 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 around $4,060 per kilowatt in North Plymouth.The kind of solar panels and equipment you get is another factor that will substantially influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Further, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when researching a solar system that’s in your budget.
Solar Financing Terms
If paying for solar panels out of pocket is too expensive, solar loans are a solid option because they lower your upfront costs and let you pay for your system over five to seven years on average.You’ll have to consider the long-term cost of financing options, including the amount of 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 above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The solar company you opt for to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar installation companies operating in North Plymouth, and each can charge different amounts for labor and equipment.Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and go with the company that has the products, warranties and services you want and also is within 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 | $4.22 | $17,734 | $20,115 | 11.7 years |
8 kW | $4.14 | $23,191 | $27,274 | 11.5 years |
10 kW | $4.06 | $28,420 | $34,661 | 11.3 years |
12 kW | $3.98 | $33,422 | $42,275 | 11.0 years |
14 kW | $3.90 | $38,196 | $50,117 | 10.8 years |
16 kW | $3.82 | $42,744 | $58,186 | 10.6 years |
18 kW | $3.74 | $47,064 | $66,482 | 10.4 years |
20 kW | $3.65 | $51,156 | $75,006 | 10.1 years |
How to Save on Solar Panels
There are a large number of companies available in North Plymouth, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Different companies will offer various brands and types of panels. If you prefer a specific brand, make sure the solar company you’re considering has it.
- Installation Process: Make sure you’re aligned with the installer regarding how the installation process will go and what you need to do before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Reputation: Companies that have been in business for many years likely have a high 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 support, such as part repairs and replacements.
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 North Plymouth, MA Solar Cost FAQs
How much does it cost to install solar panels in North Plymouth?
The average cost of solar panels in North Plymouth is about $20,300 for a 5-kW system and $40,600 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in North Plymouth?
You can’t get solar panels for free in North Plymouth. However, you may still be able to get 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.
Can you sell solar power back to the grid in North Plymouth?
Most states have net metering programs of some kind. Through these, you can receive compensation for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
Even though 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 decide to replace them after having 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.