Solar Panel Cost Guide in Wrentham, MA (2024 Update)
- Wrentham Solar Installation Cost: $12,529
- 25-Year Savings: $16,941
- Payback Period: 12.0 Years
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Average Cost of Solar Panels in Wrentham
Here’s how much it might cost to make the switch to solar in Wrentham.
The average cost of a solar system in Wrentham is 4 per watt.Using this figure, a typical 4.4-kW system would cost about $12,529 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of making the switch to solar can vary quite a bit based on multiple factors, such as how many panels you need, your energy consumption and what solar installer you go with.But, after you've paid the initial cost of installation, the payback for most homeowners is quite fruitful, with a net average savings of about $22,000 over 20 years on utility bills.
To get a free estimate from a highly rated solar installer in Wrentham, you can click the button below.
Solar savings over time in Wrentham
| Year | Return on Investment |
|---|---|
| 1 years | $-10,806 |
| 3 years | $-7,359 |
| 5 years | $-3,912 |
| 7 years | $-465 |
| 9 years | $2,982 |
| 11 years | $6,428 |
| 13 years | $9,875 |
| 15 years | $13,322 |
| 17 years | $16,769 |
| 19 years | $20,216 |
| 21 years | $23,663 |
| 23 years | $27,110 |
| 25 years | $30,557 |
Top Solar Installers in Wrentham
Many homeowners decide to use a solar installer since trying to put up solar panels on your own can be time-consuming. Also, if you’d like to maximize your investment in solar, using a solar installer can help with that as well. Different providers can offer repairs, expertise on installation and sometimes even information on local incentives, rebates and net metering programs.
If you’d like to switch to solar energy but still aren’t certain which solar panel installer to go with, here are our recommendations for providers in Wrentham:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Wrentham
Factors that Affect Solar Panel Costs in Wrentham
There are several factors that can influence your solar panel 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 $4,060. The type of solar equipment you choose can increase or decrease your cost 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 over time on your electric bills. Additionally, extra products, like solar batteries, can bring your total well above the Wrentham average.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are provided by most installers in Wrentham, which can lower, or in some cases totally eliminate, your upfront costs to make solar more affordable.However, the interest on solar loans also increases your total costs, so it’s crucial to consider that as well. You can always reduce the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you pick will affect your total cost to adopt solar energy. Different companies will bill different amounts for the equipment and labor.Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and choose a company that provides the products, warranties and services you’re looking for and also is within your budget.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $4.22 | $17,734 | $17,669 | 12.5 years |
| 8 kW | $4.14 | $23,191 | $24,014 | 12.3 years |
| 10 kW | $4.06 | $28,420 | $30,586 | 12.0 years |
| 12 kW | $3.98 | $33,422 | $37,385 | 11.8 years |
| 14 kW | $3.90 | $38,196 | $44,412 | 11.6 years |
| 16 kW | $3.82 | $42,744 | $51,666 | 11.3 years |
| 18 kW | $3.74 | $47,064 | $59,147 | 11.1 years |
| 20 kW | $3.65 | $51,156 | $66,856 | 10.8 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be a challenge, we have some tips to help you, such as:
- Contract: Read the contract terms closely to make sure you understand how much it will cost, project timeline incentives and warranties.
- Solar Panel Brands: The model of solar panel you need to install plays a part in which company you should go with, since different companies have different panels.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the completion timeline.
- Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Wrentham, MA Solar Cost FAQs
What is the average cost of installing solar panels in Wrentham?
This is a tough question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $20,300 for a 5-kW system and $40,600 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy usage. On the flip side, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Is it better to lease or buy solar panels in Wrentham?
Leasing solar panels can be an appealing choice, because it often comes with low or $0 upfront payments. The downside 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 option if you want to maximize your savings.
Is it worth going solar in Wrentham?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and how much direct sunlight your roof gets.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home uses 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 house 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.