Solar Panel Cost Guide in Wareham, MA (2025 Update)
- Wareham Solar Installation Cost: $11,760
- 25-Year Savings: $17,145
- Payback Period: 11.5 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Wareham
Let’s have a look at the average cost of solar in Wareham.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Wareham, the average cost of solar panels is 4 per watt.The average Wareham homeowner needs a 4.1-kilowatt system, which would cost about $11,760 with the federal tax credit, or $16,817 before the 0 tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Wareham homeowners. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.But, after you've paid the upfront cost of installation, the ROI for most homeowners is quite rewarding, with a net average savings of about $24,000 over 20 years on utility bills.
To get a free quote from a top solar installer in Wareham, you can click the button below.
Solar savings over time in Wareham
| Year | Return on Investment |
|---|---|
| 1 years | $-10,159 |
| 3 years | $-6,956 |
| 5 years | $-3,754 |
| 7 years | $-551 |
| 9 years | $2,652 |
| 11 years | $5,854 |
| 13 years | $9,057 |
| 15 years | $12,259 |
| 17 years | $15,462 |
| 19 years | $18,665 |
| 21 years | $21,867 |
| 23 years | $25,070 |
| 25 years | $28,273 |
Top Solar Installers in Wareham
Installing solar panels on your own can be a stressful project, which is why using a solar installation company is a good option for many homeowners. Companies can also provide access to various kinds of the best solar panels and help you choose which one will be best for your family.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some 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 for Leasing
Sunrun
- 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 Wareham
Factors that Affect Solar Panel Costs in Wareham
For many Wareham homeowners, the decision to install solar panels depends on cost. However, the range of solar installation costs can be quite wide in Wareham, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar energy system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $4,060. The model of solar panels and equipment you get is another factor that will largely impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more expensive. Plus, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that falls within your budget.
Solar Financing Terms
If paying for a solar system out of pocket is too expensive, solar loans are a solid choice because they cut back your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.When considering your overall cost, you should also calculate the interest you’ll pay if you decide on 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 Wareham is the company you hire to install your solar panel system. As with choosing a company to install new cabinets, for instance, you’ll have many options for solar installers that offer a range of services for different budgets.Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and find a company that provides the products, warranties and services you’re looking for 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 | $4.22 | $17,734 | $19,474 | 11.9 years |
| 8 kW | $4.14 | $23,191 | $26,420 | 11.7 years |
| 10 kW | $4.06 | $28,420 | $33,593 | 11.5 years |
| 12 kW | $3.98 | $33,422 | $40,994 | 11.2 years |
| 14 kW | $3.90 | $38,196 | $48,622 | 11.0 years |
| 16 kW | $3.82 | $42,744 | $56,478 | 10.8 years |
| 18 kW | $3.74 | $47,064 | $64,560 | 10.5 years |
| 20 kW | $3.65 | $51,156 | $72,871 | 10.3 years |
How to Save on Solar Panels
There are many companies available in Wareham, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you opt for.
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like EcoWatch.
- Contract: Look through the contract terms carefully to make sure you understand the overall cost, project timeline rebates and warranties.
- Warranty: A comprehensive, long-term warranty can help keep your solar panels running smoothly and save you money on part replacement and repairs.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Wareham, MA Solar Cost FAQs
How much does it cost to install solar panels in Wareham?
The average cost of solar panels in Wareham is about $20,300 for a 5-kW system and $40,600 for a 10-kW system before the ITC, but the real cost will depend on things like the model of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Wareham?
Leasing solar panels can be an option if you can’t afford to pay upfront or secure 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 bang for your buck from going solar.
Do solar panels increase your property value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Wareham is currently $435,712, so you can look forward to a value of about $17,864 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Wareham is a rewarding investment.
How many solar panels do I need to power 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.