Solar Panel Cost Guide in Northbridge, MA (2024 Update)
- Northbridge Solar Installation Cost: $12,726
- 25-Year Savings: $16,709
- Payback Period: 12.3 Years
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Average Cost of Solar Panels in Northbridge
Find out how much it might cost to make the switch to solar in Northbridge.
While the national average of solar panels is $2.66 per watt, solar panels in Northbridge generally cost about 4.The average solar panel system size in Northbridge is around 4.5 kilowatts, meaning a cost of about $12,726 for a solar installation, or $18,198 before the 0 federal solar tax credit is applied.
The true cost of your system can go above or below the average in Northbridge based on several factors, such as the model of solar panels you choose and the solar company you hire.Despite the significant initial cost, the average Northbridge homeowner can save around $22,000 on their power bills over 20 years, which is one of the positives of solar.
Click the button below to get connected to a top solar panel company in Northbridge for a custom quote.
Solar savings over time in Northbridge
Year | Return on Investment |
---|---|
1 years | $-11,002 |
3 years | $-7,556 |
5 years | $-4,109 |
7 years | $-662 |
9 years | $2,785 |
11 years | $6,232 |
13 years | $9,679 |
15 years | $13,126 |
17 years | $16,572 |
19 years | $20,019 |
21 years | $23,466 |
23 years | $26,913 |
25 years | $30,360 |
Top Solar Installers in Northbridge
Although it's possible to install solar panels by yourself, it takes extra time and knowledge. Because of that, most homeowners choose to go with a solar panel installer. Another good thing about going with a reliable solar installer is that it'll usually provide warranties and free repairs, which help protect your investment.
If you’d like to go solar but still aren’t sure which solar company to go with, here are our recommendations for providers near you:
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 Northbridge
Factors that Affect Solar Panel Costs in Northbridge
For many Northbridge homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Northbridge, 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 panel systems varies by thousands of dollars due to a variety of factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $4,060.The kind of solar panels and equipment you choose is another factor that will significantly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Plus, solar equipment consists of more than just the solar panels themselves. You’ll also need to consider 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
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are provided by most installers in Northbridge, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible.Even though solar loans make going solar more accessible for Northbridge homeowners, they can also increase the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar company you opt for to handle your switch to green energy can have an effect on your total costs. There are about 3 solar installation companies in Northbridge, and each can charge varying amounts for labor and equipment.Companies that 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 with an above-average 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 fits 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 | $17,003 | 12.8 years |
8 kW | $4.14 | $23,191 | $23,125 | 12.5 years |
10 kW | $4.06 | $28,420 | $29,475 | 12.3 years |
12 kW | $3.98 | $33,422 | $36,052 | 12.0 years |
14 kW | $3.90 | $38,196 | $42,856 | 11.8 years |
16 kW | $3.82 | $42,744 | $49,888 | 11.5 years |
18 kW | $3.74 | $47,064 | $57,147 | 11.3 years |
20 kW | $3.65 | $51,156 | $64,634 | 11.0 years |
How to Save on Solar Panels
Since the brand of solar panels and the company you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to align on any details you should know with your solar company, such as what permits you should acquire and how long the project will take.
- Contract: It’s important to look over your solar installer’s contract well to understand what services they will provide, what the warranty covers and what you can expect about your solar system’s energy production.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can verify your installer’s reputation is by reading reviews.
- Solar Panel Brands: Different companies will have various brands and models of panels. If you prefer a specific brand, make sure the solar company you’re considering has it.
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 Northbridge, MA Solar Cost FAQs
What is the average cost of installing solar panels in Northbridge?
The average cost of solar panels in Northbridge 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 things like the kind 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 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 think about are the quality and durability of your solar panels.
Can solar panels eliminate my power bills?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $1,157.90 per year.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.