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Top Solar Installers in Newbury
Although it's possible to install solar panels on your own, it takes extra labor and handiness. For that reason, most people choose to go with a solar panel installer. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long run with their warranties, repair services and expert design.
Working with a licensed solar installer can help your solar project go smoothly. Here are our recommendations:
See all of the solar companies in Newbury
Factors that Affect Solar Panel Costs in Newbury
For many Newbury homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Newbury, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment Size
The size of the solar energy system you need for your household is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,560. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Newbury, where sunlight isn't as abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are available from most installers in Newbury, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible. It's wise to include the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Newbury is the company you get to install your PV system. Similar to choosing a company to build a deck or pool, for example, there are plenty of solar installers that offer a range of services at different price points. 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 decide on the company that provides the products, warranties and services you want 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||$2.66||$11,182||$9,812||13.3 years|
|8 kW||$2.61||$14,623||$13,370||13.1 years|
|10 kW||$2.56||$17,920||$17,070||12.8 years|
|12 kW||$2.51||$21,074||$20,914||12.5 years|
|14 kW||$2.46||$24,084||$24,902||12.3 years|
|16 kW||$2.41||$26,952||$29,033||12.0 years|
|18 kW||$2.36||$29,676||$33,307||11.8 years|
|20 kW||$2.30||$32,256||$37,725||11.5 years|
Solar Incentives in Newbury
How to Save on Solar Panels
Since the type of solar panels and the company you choose significantly impacts your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: Read the contract terms thoroughly to make sure you understand the cost breakdown, project completion timeline incentives and warranties.
- Solar Panel Brands: Different companies carry different brands and types of panels. If you want a specific brand, make sure the solar panel company you're considering has it.
- Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
- Warranty: If you care about the endurance of your solar energy system, checking your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
EcoWatch's Newbury, OH 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.