Solar Panel Cost Guide in Sandwich, MA (Mar 2023)
- Sandwich Solar Installation Cost: $8,479
- 25-Year Savings: $17,624
- Payback Period: 8.1 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Sandwich
Find out how much it might cost to make the switch to solar in Sandwich.
In Sandwich, solar panels cost about 2.94 per watt on average. The average solar panel system size in Sandwich is around 4.1 kilowatts, meaning a cost of about $8,479 for a solar installation, or $12,125 before the 30% federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you'll end up paying for solar may vary based on your household energy use, the type of solar system you want to get, your solar contractor and more. With average savings of about $24,000 on utility bills over 20 years, many homeowners in Sandwich find investing in solar can pay off big.
For a personalized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Sandwich
Year | Return on Investment |
---|---|
1 years | $-7,435 |
3 years | $-5,347 |
5 years | $-3,258 |
7 years | $-1,170 |
9 years | $918 |
11 years | $3,006 |
13 years | $5,095 |
15 years | $7,183 |
17 years | $9,271 |
19 years | $11,360 |
21 years | $13,448 |
23 years | $15,536 |
25 years | $17,624 |
Top Solar Installers in Sandwich
When switching to solar energy, many homeowners opt to use a solar company since handling can be a challenging project. A solar company can also help save you money in the long run by offering warranties, repairs and part replacements.
Working with a licensed solar company can help your solar project go smoothly. Here are our recommendations:
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 Sandwich
Factors that Affect Solar Panel Costs in Sandwich
The cost of installing a solar system in Sandwich can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is the size of the system your household needs, and other factors include equipment choices, 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 electricity your household consumes, the larger your system will likely need to be. You can expect to pay about $2,940 per kilowatt in Sandwich. The brand and kind of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag 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 additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Sandwich to be prohibitively steep, even if the investment pays off over time. Fortunately, nearly every solar installer in the area offers financing options. Solar loans substantially decrease upfront costs in most cases, but they also lead to a higher cost over time because of interest. When figuring out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The last key cost factor you should consider is the installer you choose. Given the booming popularity of renewable energy solutions in Sandwich, you'll have lots of options to choose from, but each comes at varying price points for labor and equipment. Additionally, some companies in Sandwich have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save 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 | $3.06 | $12,842 | $25,148 | 8.5 years |
8 kW | $3.00 | $16,793 | $33,860 | 8.3 years |
10 kW | $2.94 | $20,580 | $42,737 | 8.1 years |
12 kW | $2.88 | $24,202 | $51,778 | 8.0 years |
14 kW | $2.82 | $27,660 | $60,984 | 7.8 years |
16 kW | $2.76 | $30,952 | $70,355 | 7.6 years |
18 kW | $2.70 | $34,080 | $79,890 | 7.5 years |
20 kW | $2.65 | $37,044 | $89,590 | 7.3 years |
How to Save on Solar Panels
The solar panel company you opt for will be a major factor in determining not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should take into account, such as:
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you hire.
- Contract: When looking through your solar installer's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- Reputation: Companies that have been in business for many years likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Warranty: If you care about the longevity of your solar panel system, checking if your installer offers a 25-year, all-inclusive warranty can help put you at ease.
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 Sandwich, MA Solar Cost FAQs
What is the average cost of installing solar panels in Sandwich?
The average cost of solar panels in Sandwich 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 stuff like the model of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Sandwich?
You can't get solar panels for free in Sandwich. However, you may still be able to get 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.
Do solar panels increase how much your home is worth?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Sandwich is currently $372,662, so you can expect a value of about $15,279 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Sandwich is a rewarding 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 take a 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 buy 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.