Solar Panel Cost Guide in Whitinsville, MA (Feb 2023)
- Whitinsville Solar Installation Cost: $9,220
- 25-Year Savings: $16,705
- Payback Period: 8.9 Years
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Top Solar Installers in Whitinsville
When making the switch to solar, many homeowners choose to use a solar company since putting up solar panels yourself can be a time-consuming project. The payback period on an investment in solar panels will vary based on factors like your roof configuration and energy consumption, but working with a solar company can shorten that period. Your provider will be able to help you identify incentives available in your area.
Working with a professional solar installer can make going solar easier. Here are our recommendations:
See all of the solar companies in Whitinsville
Factors that Affect Solar Panel Costs in Whitinsville
The cost of installing a solar system in Whitinsville can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is the size of the system you need, and other factors include equipment choices, financing options and the solar company you choose.
The size of the solar energy system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $2,940. The kind of solar panels and equipment you want is another factor that will significantly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Plus, solar equipment consists of more than just the solar panels themselves. You'll also need to consider 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
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are provided by most installers in Whitinsville, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more affordable. It's a good idea to include the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay back the loan.
Solar Panel Installation Company
The solar company you opt for to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar installation companies in Whitinsville, and each can charge different amounts for labor and equipment. The size of the company sometimes plays the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have greater resources and bulk 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 lower 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||$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 type of solar panels and the company you choose greatly impacts 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:
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years in most cases provide good-quality solar panel installation and expertise.
- Warranty: Warranties that provide coverage for replacement parts and repairs over around 25 years are the gold standard in the business, and offering such a warranty is one indication of a quality company.
- 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 considerable role in the company you opt for.
- Contract: Look through the contract terms thoroughly to make sure you understand the cost breakdown, completion timeline incentives and warranties.
EcoWatch's Whitinsville, 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.