Solar Panel Cost Guide in Westminster, MA (2023 Update)
- Westminster Solar Installation Cost: $9,215
- 25-Year Savings: $18,460
- Payback Period: 8.3 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Westminster
We go over average solar pricing in Westminster.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Westminster, the typical cost of a solar system is 2.94 per watt. Using this figure, a typical 4.5-kW system would cost about $9,220 before the 30% federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Westminster homeowner. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. With typical savings of about $23,000 on utility bills over 20 years, many homeowners in Westminster find going solar can be quite rewarding.
Click the button below to get connected to a top solar company in your area for a custom quote.
Solar savings over time in Westminster
| Year | Return on Investment |
|---|---|
| 1 years | $-7,446 |
| 3 years | $-3,908 |
| 5 years | $-370 |
| 7 years | $3,168 |
| 9 years | $6,705 |
| 11 years | $10,243 |
| 13 years | $13,781 |
| 15 years | $17,319 |
| 17 years | $20,857 |
| 19 years | $24,395 |
| 21 years | $27,933 |
| 23 years | $31,471 |
| 25 years | $35,009 |
Top Solar Installers in Westminster
Although you can install solar panels on your own, it requires extra labor and expertise. That's why most homeowners choose to hire a solar panel installer. Plus, if you aren't sure what brand of solar panels and equipment you need, a solar installer can help you find the right equipment for you after a site survey and consultation.
If you'd like to go solar but still aren't certain which solar installer to go with, here are our suggestions for providers in Westminster:
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 Westminster
Factors that Affect Solar Panel Costs in Westminster
For many Westminster homeowners, the decision to install solar panels depends on cost. However, the range of solar installation costs can be quite wide in Westminster, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,940. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Westminster, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in Westminster have solar loans, which reduce the initial cost of installing solar panels. It's wise to add 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 installer you go with to handle your switch to renewable energy can play a role in your total costs. There are about 3 solar panel companies in Westminster, and each can charge varying amounts for labor and equipment. The size of the company can sometimes play the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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 | $24,241 | 8.7 years |
| 8 kW | $3.00 | $16,793 | $32,650 | 8.5 years |
| 10 kW | $2.94 | $20,580 | $41,224 | 8.3 years |
| 12 kW | $2.88 | $24,202 | $49,963 | 8.2 years |
| 14 kW | $2.82 | $27,660 | $58,867 | 8.0 years |
| 16 kW | $2.76 | $30,952 | $67,935 | 7.8 years |
| 18 kW | $2.70 | $34,080 | $77,167 | 7.7 years |
| 20 kW | $2.65 | $37,044 | $86,565 | 7.5 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be difficult, we have some tips to help you, such as:
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you go with.
- Contract: Read the contract terms thoroughly to make sure you understand the overall cost, project timeline rebates and warranties.
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 Westminster, MA Solar Cost FAQs
How much does it cost to install solar panels in Westminster?
The average cost of solar panels in Westminster 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 certain factors like the kind of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Westminster?
You can't get solar panels for free in Westminster. 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 prefer to own your solar panels, you can finance them with a solar loan.
Can solar panels eliminate my electricity bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Westminster, 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 many solar panels do I need to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.