Solar Panel Cost Guide in North Providence, RI (2025 Update)
- North Providence Solar Installation Cost: $11,860
- 25-Year Savings: $13,671
- Payback Period: 13.5 Years
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Average Cost of Solar Panels in North Providence
Let’s have a look at the average cost of solar in North Providence.
Currently, the national average cost of solar panels is $2.66 per watt. However, in North Providence, the average cost of solar panels is 4 per watt.The average solar panel system size in North Providence is around 4.2 kilowatts, meaning a cost of about $11,860 for a solar installation, or $16,960 before the 0 federal solar tax credit is applied.
These figures are only averages, and the cost of going solar for you will look different based on factors unique to your home and what company you choose to go with.But, after you've paid the upfront cost of installation, the payback for most homeowners is quite fruitful, with a net average savings of about $20,000 over 20 years on power bills.
To receive a free quote from a vetted solar installation company in North Providence, you can click the button below.
Solar savings over time in North Providence
| Year | Return on Investment |
|---|---|
| 1 years | $-10,329 |
| 3 years | $-7,267 |
| 5 years | $-4,205 |
| 7 years | $-1,143 |
| 9 years | $1,919 |
| 11 years | $4,981 |
| 13 years | $8,043 |
| 15 years | $11,105 |
| 17 years | $14,168 |
| 19 years | $17,230 |
| 21 years | $20,292 |
| 23 years | $23,354 |
| 25 years | $26,416 |
Top Solar Installers in North Providence
When switching to solar energy, many homeowners prefer to use a solar installer since putting up solar panels yourself can be a time-consuming project. Plus, warranties and repairs from your solar panel company can protect your investment and lower the cost of maintenance in the long run.
If you're looking for a solar installer in North Providence, we've compiled a list of our top suggestions here:
See all of the solar companies in North Providence
Factors that Affect Solar Panel Costs in North Providence
For many North Providence homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in North Providence, 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
The size of the solar panel system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $4,070. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your electric bills. In addition, extra products, such as solar batteries, can bring your total well above the North Providence average.
Solar Financing Terms
Most solar companies in North Providence have solar loans, which reduce your upfront costs of installing a solar system.However, the interest on solar loans also adds to your total costs, so it’s crucial to take that into consideration as well. You can always lower the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The last major cost factor you should consider is the installer you choose. Given the booming popularity of sustainable energy solutions in North Providence, you’ll have many options to choose from, but each comes at different price points for labor and equipment.Larger national companies generally have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle 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 | $13,854 | 14.1 years |
| 8 kW | $4.15 | $23,248 | $18,928 | 13.8 years |
| 10 kW | $4.07 | $28,490 | $24,230 | 13.5 years |
| 12 kW | $3.99 | $33,504 | $29,760 | 13.2 years |
| 14 kW | $3.91 | $38,291 | $35,518 | 13.0 years |
| 16 kW | $3.83 | $42,849 | $41,503 | 12.7 years |
| 18 kW | $3.74 | $47,179 | $47,717 | 12.4 years |
| 20 kW | $3.66 | $51,282 | $54,159 | 12.2 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be a challenge, we have some tips to help you, such as:
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years most likely offer good-quality solar panel installation and expertise.
- Contract: Before signing a contract with a solar company, make sure to read it through fully so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what the warranty covers and what services you can expect from them.
- Installation Process: When going solar, it’s important to maintain an open line of communication with your solar installer. Make sure you understand how the installation process works and the project completion timeline.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you hire.
EcoWatch's North Providence, RI Solar Cost FAQs
How much does it cost to install solar panels in North Providence?
This is a tough question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $20,350 for a 5-kW system and $40,700 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or more efficient panels, or if you have above-average energy needs. On the flip side, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in North Providence?
You can’t get solar panels for free in North Providence. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Can solar panels eliminate my energy bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in North Providence, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses 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 house 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.