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Top Solar Installers in Narragansett Pier
Many homeowners opt for a solar panel installer since trying to put up solar panels yourself can be a lot of work. The expertise that solar installers provide can be useful as well, particularly if you aren't sure what type of solar equipment you need.
There are various licensed solar professionals that can help you install your solar panels. Here are our suggestions:
See all of the solar companies in Narragansett Pier
Factors that Affect Solar Panel Costs in Narragansett Pier
Cost is usually one of the most important factors for homeowners considering investing in solar. There are a few key factors that affect your total cost in Narragansett Pier: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the main factors is the system size. Solar power systems that have better efficiency or power production use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,840. There are many different solar panel brands and the one you pick also affects the cost. In many cases, the brands that are more efficient tend to also be more expensive. Additionally, the type of equipment you're looking to get can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are provided by most installers in Narragansett Pier, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible. Though solar loans make going solar more accessible for Narragansett Pier homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. 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 remaining major cost factor you should take into consideration is the installer you choose. Given the booming popularity of renewable energy solutions in Narragansett Pier, you'll have many options to choose from, but each comes at various price points for labor and equipment. Additionally, some companies in Narragansett Pier are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.
Solar Panel Cost Data by System Size
|System size||Cost per system watt||Solar system cost||25-Year savings||Payback period|
|6 kW||$2.95||$12,405||$20,906||9.3 years|
|8 kW||$2.90||$16,222||$28,193||9.1 years|
|10 kW||$2.84||$19,880||$35,639||9.0 years|
|12 kW||$2.78||$23,379||$43,244||8.8 years|
|14 kW||$2.73||$26,719||$51,008||8.6 years|
|16 kW||$2.67||$29,900||$58,931||8.4 years|
|18 kW||$2.61||$32,921||$67,013||8.2 years|
|20 kW||$2.56||$35,784||$75,254||8.1 years|
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because choosing a company can be a challenge, we have some tips to help you, such as:
- Contract: Review the contract terms carefully to make sure you understand how much it will cost, project timeline incentives and warranties.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like the EcoWatch team.
- 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.
EcoWatch's Narragansett Pier, RI 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.