Solar Panel Cost Guide in Jamestown, RI (2025 Update)
- Jamestown Solar Installation Cost: $11,205
- 25-Year Savings: $14,128
- Payback Period: 12.8 Years
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Average Cost of Solar Panels in Jamestown
Here’s how much it might cost to switch to solar power in Jamestown.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Jamestown, the typical cost of a solar system is 4 per watt.Because a 3.9-kW system is needed to cover the energy consumption of a typical home in Jamestown, the average price of going solar will be about $11,205 after claiming the federal solar tax credit of 0.
Keep in mind that the figures above are only estimates based on the average energy use of Jamestown homeowners. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.Despite the large upfront cost, the average Jamestown homeowner can save about $21,000 on their power bills over 20 years, which is one of the positives of solar.
Click the button below to get connected to a reputable solar panel company in Jamestown for a custom estimate.
Solar savings over time in Jamestown
| Year | Return on Investment |
|---|---|
| 1 years | $-9,674 |
| 3 years | $-6,612 |
| 5 years | $-3,550 |
| 7 years | $-488 |
| 9 years | $2,574 |
| 11 years | $5,636 |
| 13 years | $8,698 |
| 15 years | $11,760 |
| 17 years | $14,822 |
| 19 years | $17,884 |
| 21 years | $20,946 |
| 23 years | $24,009 |
| 25 years | $27,071 |
Top Solar Installers in Jamestown
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Going with a solar panel installer can make switching to solar power much easier. Plus, if you’d like to maximize your investment in solar, using a solar company can help with that too. Different providers can offer repairs, expertise on installation and sometimes even information on local incentives and net metering programs.
If you’d like to switch to solar energy but still aren’t certain which solar system company to go with, here are our suggestions for providers near you:
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Jamestown
Factors that Affect Solar Panel Costs in Jamestown
Though the average cost of a solar system in Jamestown is $11,205, your final cost may be above or below the average. There are many factors that can have a major impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to spend around $4,070 per kilowatt in Jamestown.There are several different solar panel brands and the one you pick also affects the cost. Typically, the brands that are more efficient tend to also be more expensive. Additionally, 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
Solar panels can save you money on utility bills over many years, but they can also be a big investment. That’s why many Jamestown homeowners opt to finance their solar panel systems to offset upfront costs.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
A final factor to keep in mind when trying to evaluate the cost of solar for your home or business in Jamestown is the company you get to install your PV system. As with choosing a company to build a deck or pool, for example, there’s no shortage of solar installers that offer a range of services for different budgets.Larger national companies typically have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric car charger installation, they might be cheaper overall.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $4.23 | $17,778 | $15,703 | 13.3 years |
| 8 kW | $4.15 | $23,248 | $21,393 | 13.0 years |
| 10 kW | $4.07 | $28,490 | $27,311 | 12.8 years |
| 12 kW | $3.99 | $33,504 | $33,458 | 12.5 years |
| 14 kW | $3.91 | $38,291 | $39,831 | 12.3 years |
| 16 kW | $3.83 | $42,849 | $46,433 | 12.0 years |
| 18 kW | $3.74 | $47,179 | $53,263 | 11.7 years |
| 20 kW | $3.66 | $51,282 | $60,321 | 11.5 years |
How to Save on Solar Panels
The solar 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 some important things you should take into account, including:
- Warranty: A comprehensive, long-term warranty can help keep your solar panel system running smoothly and save you money on repairs and maintenance.
- 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 most likely has a good reputation and is qualified to do the job well. Another way you can verify your installer’s reputation is by reading reviews.
- Contract: It’s important to look over your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
- Solar Panel Brands: Different companies will offer different brands and kinds of panels. If you know you want a specific brand, make sure the solar panel company you’re considering has it.
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Jamestown, RI Solar Cost FAQs
How much does it cost to install solar panels in Jamestown?
The average cost of solar panels in Jamestown is about $20,350 for a 5-kW system and $40,700 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Jamestown?
You can’t get solar panels for free in Jamestown. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
How will installing solar panels impact my property value?
Solar panels can increase your home value remarkably as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally 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.
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.