Solar Panel Cost Guide in Salisbury, MA (Mar 2023)
- Salisbury Solar Installation Cost: $8,746
- 25-Year Savings: $14,494
- Payback Period: 9.4 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Salisbury
Find out what the average cost of solar panels are in Salisbury.
The national average cost of solar panels is $2.66 per watt, but in Salisbury it's 2.94 per watt. The average Salisbury homeowner needs a 4.2-kilowatt system, which would cost about $8,746 with the federal tax credit, or $12,507 before the 30% tax credit is applied.
These figures are just estimates, and the cost of going solar for you will differ based on your specific situation and what company you go with. Many homeowners find installing a solar panel system is a solid investment. The average homeowner in Salisbury can save about $21,000 on their power bills over 20 years.
To calculate your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Salisbury
| Year | Return on Investment |
|---|---|
| 1 years | $-7,817 |
| 3 years | $-5,958 |
| 5 years | $-4,098 |
| 7 years | $-2,239 |
| 9 years | $-380 |
| 11 years | $1,479 |
| 13 years | $3,339 |
| 15 years | $5,198 |
| 17 years | $7,057 |
| 19 years | $8,916 |
| 21 years | $10,776 |
| 23 years | $12,635 |
| 25 years | $14,494 |
Top Solar Installers in Salisbury
Although you can install solar panels yourself, it takes extra effort and expertise. For that reason, almost all homeowners choose to hire a solar panel installer. The expertise that solar installers provide can be valuable as well, especially if you don't quite know what brand of solar equipment you need.
You can get a free estimate from a local solar installer on how much your investment in solar could cost for your home. Here are some 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 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 Salisbury
Factors that Affect Solar Panel Costs in Salisbury
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few primary factors that determine your overall cost in Salisbury: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. For that reason, it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use. The brand and kind of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That's why many Salisbury homeowners opt 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
Finally, the company you opt for to install your solar system can affect the cost. Salisbury's solar companies all have different labor costs and add varying upcharges to equipment. The company's size can sometimes play the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.
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 | $19,980 | 9.8 years |
| 8 kW | $3.00 | $16,793 | $26,969 | 9.6 years |
| 10 kW | $2.94 | $20,580 | $34,123 | 9.4 years |
| 12 kW | $2.88 | $24,202 | $41,442 | 9.2 years |
| 14 kW | $2.82 | $27,660 | $48,925 | 9.0 years |
| 16 kW | $2.76 | $30,952 | $56,573 | 8.8 years |
| 18 kW | $2.70 | $34,080 | $64,386 | 8.7 years |
| 20 kW | $2.65 | $37,044 | $72,363 | 8.5 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 find the right company for you, here are some tips to keep in mind:
- Contract: When reading through your solar company's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios like a system component breaking or the company going out of business.
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, durability and energy efficiency. They will come at different price points as well. The company you choose affects which solar panel brands you have access to.
- Reputation: Your solar installer should have a sound reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
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 Salisbury, MA Solar Cost FAQs
What is the average cost of installing solar panels in Salisbury?
The average cost of solar panels in Salisbury is about $14,700 for a 5-kW system and $29,400 for a 10-kW system before the ITC, but the real cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Salisbury?
A solar panel system isn't free in Salisbury, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Do solar panels increase the value of your home?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Salisbury is currently $320,681, which means you can expect a value of about $13,148 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Salisbury is a worthwhile investment.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to cover their typical energy usage.
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.