Solar Panel Cost Guide in Turners Falls, MA (2023 Update)
- Turners Falls Solar Installation Cost: $9,323
- 25-Year Savings: $15,278
- Payback Period: 9.5 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Turners Falls
See how much it might cost to make the switch to solar in Turners Falls.
The national average cost of solar panels is $2.66 per watt, but in Turners Falls it's 2.94 per watt. Using this figure, a typical 4.5-kW system would cost about $9,323 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The actual cost of going solar can vary depending on several factors, such as how many panels you need, your energy consumption and what solar installer you go with. With average savings of about $21,000 on electricity bills over 20 years, many homeowners in Turners Falls find going solar can be quite rewarding.
To receive a free estimate from a highly rated solar installation company in Turners Falls, you can click the button below.
Solar savings over time in Turners Falls
| Year | Return on Investment |
|---|---|
| 1 years | $-8,339 |
| 3 years | $-6,371 |
| 5 years | $-4,403 |
| 7 years | $-2,435 |
| 9 years | $-466 |
| 11 years | $1,502 |
| 13 years | $3,470 |
| 15 years | $5,438 |
| 17 years | $7,406 |
| 19 years | $9,374 |
| 21 years | $11,342 |
| 23 years | $13,310 |
| 25 years | $15,278 |
Top Solar Installers in Turners Falls
When going solar, many homeowners opt to go with a solar installer since overseeing your solar installation yourself can be a difficult project. Also, companies with a high reputation that are more expensive upfront could actually save you money in the long run due to their warranties, repair services and expert design.
If you'd like to make the switch to solar but still aren't certain which solar panel company to go with, here are our suggestions for providers 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 Turners Falls
Factors that Affect Solar Panel Costs in Turners Falls
There are a number of criteria that can affect your total 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
The size of the solar energy system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $2,940. The brand and kind of equipment you want 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 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 will be looking at a higher equipment cost, but this can typically lead to more savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Most solar companies in Turners Falls have solar loans, which reduce your upfront costs of installing solar. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar company you pick will play a role in your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor. The size of the company can sometimes play the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices due to access to greater resources and better 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 discount can bring their pricing down 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 | $19,767 | 9.8 years |
| 8 kW | $3.00 | $16,793 | $26,685 | 9.7 years |
| 10 kW | $2.94 | $20,580 | $33,768 | 9.5 years |
| 12 kW | $2.88 | $24,202 | $41,015 | 9.3 years |
| 14 kW | $2.82 | $27,660 | $48,427 | 9.1 years |
| 16 kW | $2.76 | $30,952 | $56,004 | 8.9 years |
| 18 kW | $2.70 | $34,080 | $63,745 | 8.7 years |
| 20 kW | $2.65 | $37,044 | $71,651 | 8.5 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be a tough decision, we have some tips to help you, such as:
- Installation Process: Make sure you're on the same page with the installer regarding how the installation process will go and what needs to be done before your solar panel system is installed, such as updating your electrical system or roof.
- Warranty: A comprehensive, long-term warranty can help keep your solar panel system running for years to come and save you money on repairs and maintenance.
- Solar Panel Brands: Different companies offer different brands and kinds of panels. If you prefer a specific brand, make sure the solar installer you're considering has it.
- Contract: When reading over your solar company's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios like a system part breaking or the company going out of business.
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 Turners Falls, MA Solar Cost FAQs
What is the average cost of installing solar panels in Turners Falls?
This is a hard question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $14,700 for a 5-kW system and $29,400 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have above-average energy consumption. On the flip side, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Is cost the most important thing to keep in mind when buying solar panels?
Cost is a very important factor to consider, but whether it's the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Is it worth going solar in Turners Falls?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and how much direct sunlight your roof gets.
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 amount of 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 account for 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.