Solar Panel Cost Guide in Weston, MA (2023 Update)
- Weston Solar Installation Cost: $9,178
- 25-Year Savings: $16,165
- Payback Period: 9.1 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Weston
Find out how much it might cost to switch to solar power in Weston.
The average cost of solar panels in Weston is 2.94 per watt. The average Weston homeowner needs a 4.5-kilowatt system, which would cost about $9,179 with the federal tax credit, or $13,126 before the 30% tax credit is applied.
These figures are only averages, and your own solar costs will most likely vary based on the amount of energy your home requires and what company you want to go with. For most homeowners, the upfront investment in solar panels is worth paying. On average homeowners in Weston see about $22,000 in savings on electricity bills over 20 years.
To get a free quote from a top solar installer in Weston, you can click the button below.
Solar savings over time in Weston
Year | Return on Investment |
---|---|
1 years | $-9,093 |
3 years | $-8,924 |
5 years | $-8,755 |
7 years | $-8,586 |
9 years | $-8,417 |
11 years | $-8,248 |
13 years | $-8,079 |
15 years | $-7,910 |
17 years | $-7,742 |
19 years | $-7,573 |
21 years | $-7,404 |
23 years | $-7,235 |
25 years | $-7,066 |
Top Solar Installers in Weston
Installing solar panels on your own can be a stressful project, which is why getting a solar installer is a good option for many homeowners. Plus, if you're not certain what brand of solar panels and equipment you may need, a solar installer can help you figure that out after a site survey and consultation.
If you're looking for a solar company in Weston, the EcoWatch team has put together a list of our top suggestions here:
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 Weston
Factors that Affect Solar Panel Costs in Weston
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few major factors that determine your overall cost in Weston: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
The size of the solar system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,940. The model of solar panels and equipment you want is another factor that will greatly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Moreover, solar equipment is 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 searching for a solar system that's in your budget.
Solar Financing Terms
If paying for a solar system in cash is too expensive, solar loans are a popular route because they decrease your upfront costs and allow you to pay for your system over five to seven years on average. However, the interest on solar loans also increases your overall costs, so it's important to keep that in mind as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panels can impact the cost. Weston's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric car 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 | $21,255 | 9.4 years |
8 kW | $3.00 | $16,793 | $28,669 | 9.2 years |
10 kW | $2.94 | $20,580 | $36,248 | 9.1 years |
12 kW | $2.88 | $24,202 | $43,992 | 8.9 years |
14 kW | $2.82 | $27,660 | $51,900 | 8.7 years |
16 kW | $2.76 | $30,952 | $59,973 | 8.5 years |
18 kW | $2.70 | $34,080 | $68,210 | 8.3 years |
20 kW | $2.65 | $37,044 | $76,612 | 8.1 years |
How to Save on Solar Panels
Since the model of solar panels and the installer you choose has an impact on your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: The model of solar panel you'd like to get plays a part in which installer you should opt for, since different companies provide different panels.
- Warranty: Each company may offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Your solar installer should have a good reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
- Contract: Before signing a contract with a solar installer, make sure you read it through carefully so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
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 Weston, MA Solar Cost FAQs
How much does it cost to install solar panels in Weston?
This is a hard question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $14,700 for a 5-kW system and $29,400 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or more efficient panels, or if you have above-average energy usage. On the other hand, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
What other factors should I consider aside from cost when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase your home value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Weston is currently $1,312,300, so you could be looking at a value of about $53,804 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Weston is a rewarding investment.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually 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.