Solar Panel Cost Guide in Sharon, MA (2025 Update)
- Sharon Solar Installation Cost: $12,529
- 25-Year Savings: $29,539
- Payback Period: 12.5 Years
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Average Cost of Solar Panels in Sharon
Here’s how much it might cost to go solar in Sharon.
The average cost of solar panels in Sharon is 4 per watt.Using this figure, a typical 4.4-kW system would cost about $12,529 before the 0 federal solar tax credit is applied.
These figures are just estimates, and how much solar costs for you will most likely vary based on your energy needs and what company you want to go with.With typical savings of about $22,000 on electricity bills over 20 years, many homeowners in Sharon find going solar has a decent ROI.
To receive a free estimate from a highly rated solar installation company in Sharon, you can click the button below.
Solar savings over time in Sharon
| Year | Return on Investment |
|---|---|
| 1 years | $-10,847 |
| 3 years | $-7,481 |
| 5 years | $-4,116 |
| 7 years | $-750 |
| 9 years | $2,615 |
| 11 years | $5,981 |
| 13 years | $9,346 |
| 15 years | $12,712 |
| 17 years | $16,077 |
| 19 years | $19,442 |
| 21 years | $22,808 |
| 23 years | $26,173 |
| 25 years | $29,539 |
Top Solar Installers in Sharon
Although it's possible to install solar panels on your own, it takes extra time and expertise. That's one of the reasons most homeowners choose to go with a solar panel installer. Solar companies offer key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
If you're searching for a solar installer in Sharon, we've organized a list of our top suggestions here:
See all of the solar companies in Sharon
Factors that Affect Solar Panel Costs in Sharon
There are several criteria that can affect your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. For that reason, it’s a priority to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use.The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted 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 limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are available from most installers in Sharon, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable.Although solar loans make adopting solar energy more accessible for Sharon homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
Lastly, the company you hire to install your solar system can affect how much it costs. Sharon’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies generally have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle charger installation, they might be cheaper overall.
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 | $16,463 | 13.0 years |
| 8 kW | $4.14 | $23,191 | $22,406 | 12.7 years |
| 10 kW | $4.06 | $28,420 | $28,576 | 12.5 years |
| 12 kW | $3.98 | $33,422 | $34,973 | 12.2 years |
| 14 kW | $3.90 | $38,196 | $41,598 | 12.0 years |
| 16 kW | $3.82 | $42,744 | $48,450 | 11.7 years |
| 18 kW | $3.74 | $47,064 | $55,529 | 11.5 years |
| 20 kW | $3.65 | $51,156 | $62,836 | 11.2 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose considerably affects your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Warranty: Warranties that provide coverage for panel repairs and maintenance over around 25 years are the best you can get in the business, and offering such a warranty is one sign of a quality company.
- Contract: Before you sign a contract with a solar installer, make sure to look it over fully so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar company, such as what permits you should secure and how long the project will take.
- 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 that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
EcoWatch's Sharon, MA Solar Cost FAQs
How much does it cost to install solar panels in Sharon?
The average cost of solar panels in Sharon 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 such as the type of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Sharon?
Leasing solar panels can be an option if you can’t afford to pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
How much can I save on power bills after installing solar panels?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Sharon, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and how much 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.