Solar Panel Cost Guide in Warren, MA (Feb 2023)
- Warren Solar Installation Cost: $9,220
- 25-Year Savings: $16,705
- Payback Period: 8.9 Years
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Top Solar Installers in Warren
Putting up solar panels on your own can be a dangerous project, which is why using a solar installer is a good option for many homeowners. Plus, if you aren't sure what type of solar panels and equipment you may need, a solar installer can help you find the right equipment for you after a site survey and consultation.
There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
See all of the solar companies in Warren
Factors that Affect Solar Panel Costs in Warren
There are a number of criteria that can influence your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
The cost of solar panels varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,940. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your electric bills. In addition, extra products, like solar batteries, can bring your total well above the Warren average.
Solar Financing Terms
Many homeowners find the average cost of solar in Warren to be prohibitively costly, even if the investment pays off over time. Fortunately, almost every solar installer in the area offers financing options. Solar loans drastically decrease upfront costs in most cases, but they also result in paying more over time due to interest. 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
The solar installer you choose to handle your switch to clean energy can play a role in your total costs. There are about 3 solar panel companies in Warren, and each can charge different amounts for labor and equipment. Larger national companies generally have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle charger installation, they might be cheaper overall.
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||$21,895||9.2 years|
|8 kW||$3.00||$16,793||$29,523||9.1 years|
|10 kW||$2.94||$20,580||$37,315||8.9 years|
|12 kW||$2.88||$24,202||$45,272||8.7 years|
|14 kW||$2.82||$27,660||$53,393||8.5 years|
|16 kW||$2.76||$30,952||$61,680||8.4 years|
|18 kW||$2.70||$34,080||$70,130||8.2 years|
|20 kW||$2.65||$37,044||$78,746||8.0 years|
How to Save on Solar Panels
Since the brand of solar panels and the installer you choose significantly impacts your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: Different companies will carry different brands and models of panels. If you prefer a specific brand, make sure the solar company you're considering has it.
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Although reading through a contract can be tedious, it's important to do it fully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be done and how long it will take.
EcoWatch's Warren, MA Solar Cost FAQs
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.