Solar Panel Cost Guide in West Concord, MA (Mar 2023)
- West Concord Solar Installation Cost: $9,179
- 25-Year Savings: $16,870
- Payback Period: 8.8 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated March 14, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in West Concord
Let's take a look at the average cost of solar panels in West Concord.
In West Concord, solar panels cost about 2.94 per watt on average. Using this figure, a typical 4.5-kW system would cost about $9,179 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The exact cost of installing solar panels can vary quite a bit depending on multiple factors, such as what size system you need, your energy consumption and what solar installer you go with. With typical savings of about $22,000 on utility bills over 20 years, many homeowners in West Concord find investing in solar can be quite rewarding.
To get a free estimate from a top solar company in West Concord, you can click the button below.
Solar savings over time in West Concord
| Year | Return on Investment |
|---|---|
| 1 years | $-8,137 |
| 3 years | $-6,053 |
| 5 years | $-3,969 |
| 7 years | $-1,885 |
| 9 years | $199 |
| 11 years | $2,283 |
| 13 years | $4,366 |
| 15 years | $6,450 |
| 17 years | $8,534 |
| 19 years | $10,618 |
| 21 years | $12,702 |
| 23 years | $14,786 |
| 25 years | $16,870 |
Top Solar Installers in West Concord
Many homeowners choose to hire a solar installer since figuring out how to install solar panels by yourself can be a labor-intensive endeavor. A solar installer can also help save you money over time by offering warranties, repairs and system component replacements.
Working with a vetted solar installer can help you make the most of your investment in solar. Here are our recommendations:
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 West Concord
Factors that Affect Solar Panel Costs in West Concord
There are a number of criteria that can influence your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
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 around $2,940. There are many different solar panel brands and the one you choose also changes the cost. Generally speaking, the brands that have better efficiency tend to also cost more. Plus, the type of equipment you're looking to install can affect your total cost. If you only need panels, your system will be much 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 West Concord to be too costly, even if the investment pays off over time. Thankfully, nearly every solar installer in the area offers financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also lead to a higher cost over time due to interest. It's wise to factor the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
The solar company you opt for to handle your switch to sustainable energy can play a role in your total costs. There are about 3 solar panel companies operating throughout West Concord, and each can charge different amounts for labor and equipment. Additionally, some companies in West Concord have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, 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 | $22,205 | 9.2 years |
| 8 kW | $3.00 | $16,793 | $29,936 | 9.0 years |
| 10 kW | $2.94 | $20,580 | $37,831 | 8.8 years |
| 12 kW | $2.88 | $24,202 | $45,891 | 8.6 years |
| 14 kW | $2.82 | $27,660 | $54,116 | 8.5 years |
| 16 kW | $2.76 | $30,952 | $62,505 | 8.3 years |
| 18 kW | $2.70 | $34,080 | $71,059 | 8.1 years |
| 20 kW | $2.65 | $37,044 | $79,778 | 7.9 years |
How to Save on Solar Panels
There are numerous companies available in West Concord, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
- Installation Process: When going solar, it's crucial to maintain an open line of communication with your solar company. Confirm that you understand how the installation process works and the completion timeline.
- Contract: Before you sign a contract with a solar company, make sure to look it over completely so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you choose.
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 West Concord, MA Solar Cost FAQs
How much does it cost to install solar panels in West Concord?
The average cost of solar panels in West Concord is about $14,700 for a 5-kW system and $29,400 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in West Concord?
Leasing solar panels can be an attractive choice, because it usually comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better way to go if you want to get the most savings.
How much can I save on electricity bills after switching to solar?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in West Concord, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.
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.