Solar Panel Cost Guide in Quincy, MA (2023 Update)
- Quincy Solar Installation Cost: $9,073
- 25-Year Savings: $16,726
- Payback Period: 8.8 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Quincy
We go over average solar pricing in Quincy.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Quincy, the typical cost of a solar system is 2.94 per watt. The average Quincy 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.
Keep in mind that the figures above are only estimates based on the average energy use of Quincy homeowners. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. With average savings of about $22,000 on utility bills over 20 years, many homeowners in Quincy find investing in solar can be quite rewarding.
To receive a free quote from a vetted solar company in Quincy, you can click the button below.
Solar savings over time in Quincy
| Year | Return on Investment |
|---|---|
| 1 years | $-7,350 |
| 3 years | $-3,903 |
| 5 years | $-456 |
| 7 years | $2,991 |
| 9 years | $6,438 |
| 11 years | $9,885 |
| 13 years | $13,332 |
| 15 years | $16,779 |
| 17 years | $20,225 |
| 19 years | $23,672 |
| 21 years | $27,119 |
| 23 years | $30,566 |
| 25 years | $34,013 |
Top Solar Installers in Quincy
Although it's possible to install solar panels yourself, it involves extra effort and knowledge. That's why almost all homeowners choose a solar panel installer. Companies can also offer access to a large variety of the best solar panels and help you decide which one will be right for your home.
There are several licensed solar professionals that can take care of your solar installation project. 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
See all of the solar companies in Quincy
Factors that Affect Solar Panel Costs in Quincy
Even though the average cost of a solar system in Quincy is $9,076, your final cost may differ. There are several factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
When it comes to estimating the cost of a solar system in Quincy, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy consumption, which you can gauge by looking at past power bills. Your overall cost can increase by around $2,940 for each additional kilowatt you need. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your electric bills. In addition, add-on products, such as solar batteries, can bump up your total well above the Quincy average.
Solar Financing Terms
Many homeowners find the average cost of solar in Quincy to be prohibitively expensive, even if the investment pays off over time. Thankfully, almost every solar company in the area provides access to financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also lead to paying more over time due to interest. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it'll take to pay back the loan.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panel system can play a role in determining your pricing. Quincy's solar companies all have different labor costs and add varying upcharges to equipment. The size of the company can sometimes play the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to greater 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 companies.
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 | $22,270 | 9.1 years |
| 8 kW | $3.00 | $16,793 | $30,023 | 9.0 years |
| 10 kW | $2.94 | $20,580 | $37,940 | 8.8 years |
| 12 kW | $2.88 | $24,202 | $46,022 | 8.6 years |
| 14 kW | $2.82 | $27,660 | $54,268 | 8.4 years |
| 16 kW | $2.76 | $30,952 | $62,679 | 8.3 years |
| 18 kW | $2.70 | $34,080 | $71,255 | 8.1 years |
| 20 kW | $2.65 | $37,044 | $79,995 | 7.9 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
- Contract: Although reading through a contract can be tedious, it's important to do it carefully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose impacts which solar panel brands you have access to.
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 Quincy, MA Solar Cost FAQs
What is the average cost of installing solar panels in Quincy?
The average cost of solar panels in Quincy 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 such as the kind of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to keep in mind when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Quincy?
The majority of states offer net metering programs of some kind. Through these, you can either receive compensation for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
To figure out what solar panel system size 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 usually 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.