Solar Panel Cost Guide in Ocean Bluff-Brant Rock, MA (2024 Update)
- Ocean Bluff-Brant Rock Solar Installation Cost: $11,760
- 25-Year Savings: $17,498
- Payback Period: 11.3 Years
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Average Cost of Solar Panels in Ocean Bluff-Brant Rock
Let’s have a look at the average cost of solar in Ocean Bluff-Brant Rock.
Although the national average of solar panels is $2.66 per watt, solar panels in Ocean Bluff-Brant Rock typically cost around 4.To account for the typical energy usage of the average home in Ocean Bluff-Brant Rock, most homeowners require a 4.1-kilowatt system. Using the figure above, a solar installation costs around $11,760, or $16,817 before the federal solar tax credit of 0 is applied.
These figures are just estimates, and your own solar costs will most likely differ based on your energy needs and what company you choose to go with.For most homeowners, the upfront cost of solar panels is worth paying. On average you could be looking at about $24,000 in savings on electricity bills over 20 years.
For a free quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Ocean Bluff-Brant Rock
| Year | Return on Investment |
|---|---|
| 1 years | $-10,098 |
| 3 years | $-6,773 |
| 5 years | $-3,448 |
| 7 years | $-124 |
| 9 years | $3,201 |
| 11 years | $6,526 |
| 13 years | $9,851 |
| 15 years | $13,175 |
| 17 years | $16,500 |
| 19 years | $19,825 |
| 21 years | $23,150 |
| 23 years | $26,474 |
| 25 years | $29,799 |
Top Solar Installers in Ocean Bluff-Brant Rock
Although it's possible to install solar panels on your own, it requires extra time and handiness. That's why most homeowners choose to go with a solar panel installer. Some solar companies, particularly local ones, can help you take advantage of incentives in Ocean Bluff-Brant Rock, therefore optimizing your ROI.
There are several licensed solar professionals that can help you install your solar panels. Here are our suggestions:
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 Ocean Bluff-Brant Rock
Factors that Affect Solar Panel Costs in Ocean Bluff-Brant Rock
For many Ocean Bluff-Brant Rock homeowners, the decision to install solar panels depends on cost. However, the range of solar installation costs can be quite wide in Ocean Bluff-Brant Rock, with typical prices between $20,000 to $40,000. There are numerous factors that greatly 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 some different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production use 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.The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your power bills. Additionally, extra products, such as solar batteries, can bump up your total well above the Ocean Bluff-Brant Rock average.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That’s why many Ocean Bluff-Brant Rock homeowners choose to finance their solar panel systems to make paying for solar more affordable.Though solar loans make adopting solar energy more accessible for Ocean Bluff-Brant Rock homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Ocean Bluff-Brant Rock is the company you choose to install your solar system. As with choosing a company to renovate your kitchen, for example, there are plenty of solar installers that provide a range of services for different budgets.You may come across national solar installers that have lower prices because of their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $19,985 | 11.8 years |
| 8 kW | $4.14 | $23,191 | $27,101 | 11.5 years |
| 10 kW | $4.06 | $28,420 | $34,445 | 11.3 years |
| 12 kW | $3.98 | $33,422 | $42,016 | 11.1 years |
| 14 kW | $3.90 | $38,196 | $49,814 | 10.8 years |
| 16 kW | $3.82 | $42,744 | $57,840 | 10.6 years |
| 18 kW | $3.74 | $47,064 | $66,093 | 10.4 years |
| 20 kW | $3.65 | $51,156 | $74,574 | 10.2 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 pick the right company for you, here are some tips to keep in mind:
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like the EcoWatch team.
- Contract: It’s important to read through 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.
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
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 Ocean Bluff-Brant Rock, MA Solar Cost FAQs
How much does it cost to install solar panels in Ocean Bluff-Brant Rock?
This is a tough question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $20,300 for a 5-kW system and $40,600 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or more efficient 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.
Are solar panels free in Ocean Bluff-Brant Rock?
A solar panel system isn’t free in Ocean Bluff-Brant Rock, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Is going solar worth it?
Solar panels can be a fruitful investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your energy bills are already pretty low, solar panels might not be for you.
How long do solar panels last in Ocean Bluff-Brant Rock?
Although 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 replace them once you've had them for that long or you can keep using 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.