Solar Panel Cost Guide in Norton, MA (Mar 2023)
- Norton Solar Installation Cost: $8,911
- 25-Year Savings: $15,439
- Payback Period: 9.1 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Norton
We go over average solar pricing in Norton.
In Norton, solar panels cost about 2.94 per watt on average. Using this figure, a typical 4.3-kW system would cost about $8,911 before the 30% federal solar tax credit is applied.
These figures are only estimates, and the cost of going solar for you will look different based on the amount of energy your home requires and what company you go with. For most homeowners, the upfront cost of solar is worth paying. On average homeowners in Norton see about $21,000 in savings on electricity bills over 20 years.
Click the button below to get connected to a highly rated solar panel company in your area for a custom estimate.
Solar savings over time in Norton
| Year | Return on Investment |
|---|---|
| 1 years | $-7,937 |
| 3 years | $-5,989 |
| 5 years | $-4,041 |
| 7 years | $-2,093 |
| 9 years | $-145 |
| 11 years | $1,803 |
| 13 years | $3,751 |
| 15 years | $5,699 |
| 17 years | $7,647 |
| 19 years | $9,595 |
| 21 years | $11,543 |
| 23 years | $13,491 |
| 25 years | $15,439 |
Top Solar Installers in Norton
Although you can install solar panels by yourself, it requires extra effort and know-how. That's why almost all homeowners choose to go with a solar panel installer. Another perk of using a solar company is that they can help you optimize your investment by bringing down your future costs of repairs and replacements with the help of warranties and giving you information on local incentives you can take advantage of.
If you're on the hunt for a solar installer in Norton, the EcoWatch team has organized 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 Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Norton
Factors that Affect Solar Panel Costs in Norton
There are several factors that can determine your 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 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, your total will most likely increase by nearly $2,940. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Norton, where sunlight is relatively abundant, efficiency can quickly pay off. Also, 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
Solar panels can save you money on power bills over time, but they can also be a big investment. That's why many Norton homeowners decide to finance their solar panel systems to offset upfront costs. However, the interest on solar loans also increases your overall costs, so it's important to take that into consideration as well. You can always bring down the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panels can play a role in determining your pricing. Norton's solar companies all have different labor costs and add varying upcharges to 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 at a higher cost. It's best to do some research and go with the company that offers the products, warranties and services you want 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 | $3.06 | $12,842 | $20,910 | 9.5 years |
| 8 kW | $3.00 | $16,793 | $28,209 | 9.3 years |
| 10 kW | $2.94 | $20,580 | $35,673 | 9.1 years |
| 12 kW | $2.88 | $24,202 | $43,302 | 9.0 years |
| 14 kW | $2.82 | $27,660 | $51,095 | 8.8 years |
| 16 kW | $2.76 | $30,952 | $59,053 | 8.6 years |
| 18 kW | $2.70 | $34,080 | $67,175 | 8.4 years |
| 20 kW | $2.65 | $37,044 | $75,462 | 8.2 years |
How to Save on Solar Panels
Since the brand of solar panels and the installer you choose has an impact on your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Different companies will offer different brands and models of panels. If you prefer a specific brand, make sure the solar company you're considering has it.
- Contract: When reading over your solar company's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
- Warranty: If you care about the longevity of your solar system, ensuring your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like EcoWatch.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Norton, MA Solar Cost FAQs
What is the average cost of installing solar panels in Norton?
This is a difficult question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $14,700 for a 5-kW system and $29,400 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Is cost the most important consideration when buying solar panels?
Cost is a key factor to consider, but whether it's the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
How much can I save on electricity bills after installing solar panels?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Norton, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
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 needs 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.