Solar Panel Cost Guide in Pittsfield, ME (2025 Update)
- Pittsfield Solar Installation Cost: $15,117
- 25-Year Savings: $11,377
- Payback Period: 16.7 Years
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Average Cost of Solar Panels in Pittsfield
We go over average solar pricing in Pittsfield.
The average cost of a solar system in Pittsfield is 4 per watt.Since a 5.7-kW system is needed to cover the energy usage of a typical home in Pittsfield, the average price of going solar will be about $15,117 after claiming the federal solar tax credit of 0.
The actual price you pay can go higher or lower than the average in Pittsfield based on a few factors, such as the model of solar panels you choose and the solar installer you hire.But, after you've paid the initial cost of installation, the payback for most homeowners is typically rewarding, with a net average savings of about $15,000 over 20 years on power bills.
For a free quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Pittsfield
| Year | Return on Investment |
|---|---|
| 1 years | $-13,979 |
| 3 years | $-11,702 |
| 5 years | $-9,426 |
| 7 years | $-7,149 |
| 9 years | $-4,873 |
| 11 years | $-2,596 |
| 13 years | $-320 |
| 15 years | $1,957 |
| 17 years | $4,233 |
| 19 years | $6,510 |
| 21 years | $8,786 |
| 23 years | $11,063 |
| 25 years | $13,339 |
Top Solar Installers in Pittsfield
When switching to solar energy, many homeowners choose to hire a solar installer since handling can be a time-consuming project. Solar warranties and repairs are often included in the cost of installation when you hire a solar company as well, which can save you more money over time.
You can get a free estimate from a local solar installer on how much your investment in solar could cost for your home. Here are some near you:
See all of the solar companies in Pittsfield
Factors that Affect Solar Panel Costs in Pittsfield
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 Pittsfield: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
One of the most significant 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 power your household uses, the larger your system will likely need to be. You can expect to pay around $3,800 per kilowatt in Pittsfield.The brand and type of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Pittsfield to be too expensive, even if the investment pays off over time. Fortunately, almost every solar installer in the area offers financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also result in higher prices over time because of interest.While solar loans make switching to solar energy more accessible for Pittsfield homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar company you choose to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar installation companies operating throughout Pittsfield, and each can charge varying amounts for labor and equipment.You may notice national solar installers that have lower prices due to their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.95 | $16,598 | $7,299 | 17.4 years |
| 8 kW | $3.88 | $21,706 | $10,157 | 17.0 years |
| 10 kW | $3.80 | $26,600 | $13,229 | 16.7 years |
| 12 kW | $3.72 | $31,282 | $16,513 | 16.4 years |
| 14 kW | $3.65 | $35,750 | $20,010 | 16.0 years |
| 16 kW | $3.57 | $40,006 | $23,719 | 15.7 years |
| 18 kW | $3.50 | $44,050 | $27,642 | 15.4 years |
| 20 kW | $3.42 | $47,880 | $31,777 | 15.0 years |
How to Save on Solar Panels
The solar panel company you go with will impact not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should keep in mind, including:
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years in most cases offer high-quality solar panel installation and expertise.
- Installation Process: When making the switch to solar, it’s important to maintain an open line of communication with your solar panel installer. Confirm that you understand how the installation process works and the completion timeline.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and efficiency. They will come at different prices as well. The company you choose affects which solar panel brands you have access to.
- Warranty: A comprehensive, long-term warranty can help keep your solar system running smoothly and save you money on part replacement and repairs.
EcoWatch's Pittsfield, ME Solar Cost FAQs
What is the average cost of installing solar panels in Pittsfield?
This is a difficult question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $19,000 for a 5-kW system and $38,000 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have above-average energy usage. Conversely, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in Pittsfield?
Leasing solar panels can be an appealing choice, because it usually 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 get the most savings.
Can solar panels completely eradicate my electricity bills?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $796.57 per year.
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 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.