Solar Panel Cost Guide in Ware, MA (2023 Update)
- Ware Solar Installation Cost: $9,280
- 25-Year Savings: $16,644
- Payback Period: 8.9 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Ware
We go over average solar pricing in Ware.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Ware, the typical cost of a solar system is 2.94 per watt. Using this figure, a typical 4.5-kW system would cost about $9,282 before the 30% federal solar tax credit is applied.
These figures are only averages, and your own solar costs will most likely vary based on factors unique to your home and what company you want to go with. Even with the significant upfront cost, the average Ware homeowner can save around $22,000 on their electricity bills over 20 years, which is one of the perks of solar.
To get a free quote from a top solar installer in Ware, you can click the button below.
Solar savings over time in Ware
| Year | Return on Investment |
|---|---|
| 1 years | $-7,557 |
| 3 years | $-4,110 |
| 5 years | $-663 |
| 7 years | $2,784 |
| 9 years | $6,231 |
| 11 years | $9,678 |
| 13 years | $13,125 |
| 15 years | $16,571 |
| 17 years | $20,018 |
| 19 years | $23,465 |
| 21 years | $26,912 |
| 23 years | $30,359 |
| 25 years | $33,806 |
Top Solar Installers in Ware
Trying to put up solar panels yourself can be a challenging project, which is why using a solar installation company is a good option for many homeowners. Companies can also provide access to quality options of the best solar panels and help you pick which one will be right for your home.
If you'd like to start using solar energy but still aren't sure which solar panel installer to go with, here are our recommendations for providers in Ware:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Ware
Factors that Affect Solar Panel Costs in Ware
The cost of installing a solar system in Ware can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Ware, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy consumption, which you can determine by looking at past power bills. Your total cost can increase by around $2,940 for each additional kilowatt you need. The brand and kind 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 are often more expensive 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 can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise 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 Ware, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable. When figuring out your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Ware is the company you hire to install your solar system. As with choosing a company to renovate your kitchen, for example, you'll have many options for solar installers that offer a range of services for different budgets. Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and choose a company that provides the products, warranties and services you want and also fit into your budget.
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 | $21,652 | 9.3 years |
| 8 kW | $3.00 | $16,793 | $29,199 | 9.1 years |
| 10 kW | $2.94 | $20,580 | $36,911 | 8.9 years |
| 12 kW | $2.88 | $24,202 | $44,787 | 8.8 years |
| 14 kW | $2.82 | $27,660 | $52,827 | 8.6 years |
| 16 kW | $2.76 | $30,952 | $61,033 | 8.4 years |
| 18 kW | $2.70 | $34,080 | $69,403 | 8.2 years |
| 20 kW | $2.65 | $37,044 | $77,937 | 8.1 years |
How to Save on Solar Panels
Since the model of solar panels and the installer you choose has an impact on your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- 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 or replacing your electrical system or roof.
- Solar Panel Brands: Different companies will offer various brands and models of panels. If you prefer a specific brand, make sure the solar installer you're considering has it.
- Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. Two 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 satisfied reviews from previous customers.
- Contract: Even though reading through a contract can take a lot of time, it's important to do it fully so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Ware, MA Solar Cost FAQs
How much does it cost to install solar panels in Ware?
This is a tough question to answer precisely, because the cost depends on a few different 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. It will be more expensive if you want other solar equipment or more efficient panels, or if you have above-average energy usage. On the other hand, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Ware?
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 don't have access to 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.
Can you sell solar power back to the grid in Ware?
The majority of states offer net metering programs of some kind. Through these, you can get paid for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and how much 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.