Solar Panel Cost Guide in Ware, MA (Mar 2023)
- Ware Solar Installation Cost: $9,282
- 25-Year Savings: $16,643
- Payback Period: 8.9 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Ware
Find out what the average cost of a solar system is in Ware.
In Ware, solar panels cost about 2.94 per watt on average. The average Ware homeowner needs a 4.5-kilowatt system, which would cost about $9,282 with the federal tax credit, or $13,273 before the 30% tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The true cost of going solar can vary based on a few factors, such as what size system you need, your energy usage and what installation company you go with. For most homeowners, the upfront cost of solar panels is worth paying. On average you could be looking at about $22,000 in savings on utility bills over 20 years.
Click the button below to get connected to a highly rated solar company in your area for a custom estimate.
Solar savings over time in Ware
| Year | Return on Investment |
|---|---|
| 1 years | $-8,245 |
| 3 years | $-6,171 |
| 5 years | $-4,097 |
| 7 years | $-2,023 |
| 9 years | $51 |
| 11 years | $2,125 |
| 13 years | $4,199 |
| 15 years | $6,273 |
| 17 years | $8,347 |
| 19 years | $10,421 |
| 21 years | $12,495 |
| 23 years | $14,569 |
| 25 years | $16,643 |
Top Solar Installers in Ware
When making the switch to solar, many homeowners decide to hire a solar installer since handling can be a time-consuming project. A solar company can also help save you money over time by offering warranties, repairs and part replacements.
If you'd like to go solar but still aren't sure which solar panel installer 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 Ware
Factors that Affect Solar Panel Costs in Ware
Even though the average cost of a solar system in Ware is $9,282, your final cost may differ. There are several factors that can have a major impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to pay around $2,940 per kilowatt in Ware. The brand of solar panels and equipment you get is another factor that will significantly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Moreover, solar equipment consists of more than just the solar panels themselves. You'll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that's in your budget.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a big investment. That's why many Ware homeowners decide to finance their solar panel systems to offset upfront costs. You'll have to consider the long-term cost of loans, including the amount of interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The solar installation company you pick will influence your total cost to make the switch to solar . Different companies will bill different amounts for the equipment and labor. Additionally, some companies in Ware have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you 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 | $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
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Contract: Read the contract terms closely to make sure you understand the overall cost, project timeline rebates and warranties.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
- Installation Process: One of the most important things 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.
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 Ware, MA Solar Cost FAQs
How much does it cost to install solar panels in Ware?
The average cost of solar panels in Ware 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 things like the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Ware?
You can't get solar panels for free in Ware. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.
Is switching to solar power worth it?
Solar panels can be a good investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already pretty low, solar panels might not be for you.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption 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.