Solar Panel Cost Guide in Wrentham, MA (2023 Update)
- Wrentham Solar Installation Cost: $9,073
- 25-Year Savings: $16,941
- Payback Period: 8.7 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Wrentham
Let's take a look at the average cost of solar panels in Wrentham.
Although the national average of solar panels is $2.66 per watt, solar panels in Wrentham generally cost about 2.94. The average Wrentham homeowner needs a 4.4-kilowatt system, which would cost about $9,076 with the federal tax credit, or $12,979 before the 30% tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Wrentham homeowners. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. With typical savings of about $22,000 on utility bills over 20 years, many homeowners in Wrentham find investing in solar can be quite rewarding.
For a free quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Wrentham
| Year | Return on Investment |
|---|---|
| 1 years | $-8,986 |
| 3 years | $-8,813 |
| 5 years | $-8,639 |
| 7 years | $-8,466 |
| 9 years | $-8,293 |
| 11 years | $-8,119 |
| 13 years | $-7,946 |
| 15 years | $-7,772 |
| 17 years | $-7,599 |
| 19 years | $-7,426 |
| 21 years | $-7,252 |
| 23 years | $-7,079 |
| 25 years | $-6,905 |
Top Solar Installers in Wrentham
Although you can install solar panels by yourself, it requires extra energy and know-how. For that reason, almost all homeowners choose a solar panel installer. Another advantage of going with a solar company is that they can help you maximize your investment by reducing your future costs of repairs and replacements with the help of warranties and giving you information on local incentives you can take advantage of.
If you're searching for a solar company in Wrentham, we've organized 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 Wrentham
Factors that Affect Solar Panel Costs in Wrentham
There are many criteria that can determine your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to pay about $2,940 per kilowatt in Wrentham. There are several different solar panel brands and the one you choose also affects the cost. Generally speaking, the brands that are more efficient tend to also cost more. In addition, the type of equipment you choose can affect your total cost. If you just 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 Wrentham to be prohibitively expensive, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides access to financing options. Solar loans substantially decrease upfront costs in most cases, but they also lead to a higher cost over time because of interest. While solar loans make going solar more accessible for Wrentham homeowners, they can also increase the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The final major cost factor you should keep in mind is the installer you choose. Given the booming popularity of renewable energy solutions in Wrentham, you'll have many options to choose from, but each comes at different price points for labor and equipment. The company's size can sometimes play the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to 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 lower to compete with bigger companies.
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 | $22,562 | 9.1 years |
| 8 kW | $3.00 | $16,793 | $30,411 | 8.9 years |
| 10 kW | $2.94 | $20,580 | $38,426 | 8.7 years |
| 12 kW | $2.88 | $24,202 | $46,605 | 8.5 years |
| 14 kW | $2.82 | $27,660 | $54,949 | 8.4 years |
| 16 kW | $2.76 | $30,952 | $63,457 | 8.2 years |
| 18 kW | $2.70 | $34,080 | $72,130 | 8.0 years |
| 20 kW | $2.65 | $37,044 | $80,968 | 7.8 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose significantly affects your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: Though reading through a contract can take a lot of time, it's important to do it carefully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to install your solar system. Another way you can look into your installer's reputation is by reading reviews.
- Warranty: If you're worried about the longevity of your solar energy system, verifying that your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you hire.
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 Wrentham, MA Solar Cost FAQs
What is the average cost of installing solar panels in Wrentham?
This is a difficult question to answer precisely, because the cost depends on a variety of 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 other solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Wrentham?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future utility bills.
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average household 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.