Solar Panel Cost Guide in Tyngsborough, MA (2024 Update)

  • Tyngsborough Solar Installation Cost: $12,674
  • 25-Year Savings: $16,747
  • Payback Period: 12.2 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

Why you can trust EcoWatch

We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Tyngsborough

Find out how much it might cost to switch to solar power in Tyngsborough.

In Tyngsborough, solar panels cost about 4 per watt on average.The average Tyngsborough homeowner needs a 4.5-kilowatt system, which would cost about $12,674 with the federal tax credit, or $18,124 before the 0 tax credit is applied.

The true cost of your system can be above or below the average in Tyngsborough depending on several factors, such as the model of solar panels you choose and the solar company you hire.But, once you've paid the upfront cost of installation, the savings for most homeowners is typically rewarding, with a net average savings of about $22,000 over 20 years on energy bills.

To calculate your potential savings and connect with a local solar company, click the button below.

Solar savings over time in Tyngsborough

Year Return on Investment
1 years $-10,950
3 years $-7,503
5 years $-4,057
7 years $-610
9 years $2,837
11 years $6,284
13 years $9,731
15 years $13,178
17 years $16,625
19 years $20,072
21 years $23,518
23 years $26,965
25 years $30,412

Top Solar Installers in Tyngsborough

Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can take a lot of hard work. Going with a solar company can make your switch to solar power much easier. Also, companies with a good reputation that cost more upfront could actually save you money in the long term because of their warranties, repair services and expert design.

Working with a licensed solar company can help your solar project go smoothly. Here are our recommendations:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

See all of the solar companies in Tyngsborough

Factors that Affect Solar Panel Costs in Tyngsborough

Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that determine your overall cost in Tyngsborough: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over 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. Because of that, it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use.There are a lot of different solar panel brands and the one you pick also changes the cost. Generally speaking, the brands that have better efficiency tend to also be more expensive. In addition, the type of equipment you’re looking to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

Many homeowners find the average cost of solar in Tyngsborough to be too expensive, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides financing options. Solar loans greatly decrease upfront costs in most cases, but they also result in paying more over time because of interest.However, the interest on solar loans also adds to your all-in costs, so it’s important to take that into consideration as well. You can always lower the total you pay in interest and in some cases even your APR by making a larger down payment.

Solar Panel Installation Company

A final consideration when trying to figure out the cost of solar for your home or business in Tyngsborough is the company you choose to install your PV system. As with choosing a company to install new cabinets, for instance, there’s no shortage of solar installers that provide a range of services at different price points.Additionally, some companies in Tyngsborough are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. 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 $4.22 $17,734 $17,146 12.7 years
8 kW $4.14 $23,191 $23,316 12.5 years
10 kW $4.06 $28,420 $29,714 12.2 years
12 kW $3.98 $33,422 $36,338 12.0 years
14 kW $3.90 $38,196 $43,190 11.7 years
16 kW $3.82 $42,744 $50,270 11.5 years
18 kW $3.74 $47,064 $57,577 11.2 years
20 kW $3.65 $51,156 $65,111 11.0 years

How to Save on Solar Panels

Since the kind of solar panels and the installer you choose significantly influences your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:

  • Installation Process: Make sure you’re on the same page with the company regarding how the installation process will go and what you need to do before your solar system is installed, such as updating or replacing your electrical system or roof.
  • Contract: Read the contract terms carefully to make sure you understand the cost breakdown, project completion timeline rebates and warranties.
  • Warranty: Warranties that provide coverage for panel repairs and maintenance over a long period of time such as 25 years are the gold standard in the business, and offering that kind of warranty is one sign of a quality company.
  • Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like EcoWatch.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

EcoWatch's Tyngsborough, MA Solar Cost FAQs

How much does it cost to install solar panels in Tyngsborough?

The average cost of solar panels in Tyngsborough 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 things like the model of solar panels you want, what size system you need and how much energy you use.

Is cost the most important consideration when buying solar panels?

The upfront cost is a very important factor to consider, but whether it’s the most important for you depends on your goals for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.

Do solar panels increase the value of your home?

Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Tyngsborough is currently $629,899, which means you can expect a value of about $25,826 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Tyngsborough is a rewarding investment.

How many solar panels should I get to power my home?

To figure out how many solar panels you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.

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.

Follow us