Solar Panel Cost Guide in Quincy, MA (2024 Update)
- Quincy Solar Installation Cost: $12,529
- 25-Year Savings: $16,726
- Payback Period: 12.1 Years
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Average Cost of Solar Panels in Quincy
Find out what the average cost of solar panel installation is in Quincy.
The national average cost of solar panels is $2.66 per watt, but in Quincy it’s 4 per watt.The average Quincy homeowner needs a 4.4-kilowatt system, which would cost about $12,529 with the federal tax credit, or $17,916 before the 0 tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Quincy 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.Many homeowners find adopting solar power is a sound investment. The average homeowner in Quincy can save about $22,000 on their 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 Quincy
| Year | Return on Investment |
|---|---|
| 1 years | $-10,806 |
| 3 years | $-7,359 |
| 5 years | $-3,912 |
| 7 years | $-465 |
| 9 years | $2,982 |
| 11 years | $6,428 |
| 13 years | $9,875 |
| 15 years | $13,322 |
| 17 years | $16,769 |
| 19 years | $20,216 |
| 21 years | $23,663 |
| 23 years | $27,110 |
| 25 years | $30,557 |
Top Solar Installers in Quincy
Many homeowners opt for a solar installation company since trying to put up solar panels on your own can be a labor-intensive endeavor. Companies can also provide access to quality options of the best solar panels and help you pick which one will be best for your family.
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Quincy
Factors that Affect Solar Panel Costs in Quincy
The cost of installing a solar system in Quincy can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is the size of the system your household needs, and other factors include the equipment you choose, financing options and the solar company you choose.
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 uses, the larger your system will likely need to be. You can expect to pay around $4,060 per kilowatt in Quincy.The kind of solar equipment you choose can bring your price up or down 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, more efficient panels could save you more in the long run on your power bills. Additionally, add-on products, such as solar batteries, can bump up your total well above the Quincy average.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a significant investment. That’s why many Quincy homeowners choose to finance their solar panel systems to make paying for solar more affordable.When considering your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you choose to install your solar panels can play a role in determining your pricing. Quincy’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Quincy are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $17,378 | 12.6 years |
| 8 kW | $4.14 | $23,191 | $23,625 | 12.4 years |
| 10 kW | $4.06 | $28,420 | $30,100 | 12.1 years |
| 12 kW | $3.98 | $33,422 | $36,802 | 11.9 years |
| 14 kW | $3.90 | $38,196 | $43,731 | 11.7 years |
| 16 kW | $3.82 | $42,744 | $50,888 | 11.4 years |
| 18 kW | $3.74 | $47,064 | $58,272 | 11.2 years |
| 20 kW | $3.65 | $51,156 | $65,883 | 10.9 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since picking a company can be difficult, we have some tips to help you, such as:
- Installation Process: When going solar, it’s necessary to maintain an open line of communication with your solar company. Confirm that you understand how the installation process will go and the project timeline.
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you hire.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like the EcoWatch team.
- Contract: Before you sign a contract with a solar company, be sure to read it through fully so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what the warranty covers and what services you can expect from them.
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
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
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 $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 like the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Quincy?
You can’t get solar panels for free in Quincy. However, you may still be able to install 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.
Does Quincy have a net metering program?
Most states have net metering programs of some kind. Through these, you can receive compensation for the extra power your system produces 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 long do solar panels last in Quincy?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely 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 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.