Solar Panel Cost Guide in West Greenwich, RI (Jan 2023)

  • West Greenwich Solar Installation Cost: $8,091
  • 25-Year Savings: $13,856
  • Payback Period: 9.2 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 20, 2023

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in West Greenwich

Let's take a look at the average cost of solar panels in West Greenwich.

In West Greenwich, solar panels cost about $3 per watt on average. Using this figure, a typical 4.1 would cost about $8,091 before the 30% federal solar tax credit is applied.

Bear in mind that the figures above are only estimates based on the average energy use of West Greenwich homeowners. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. With average savings of about $20,000 on utility bills over 20 years, many homeowners in West Greenwich find going solar has a decent ROI.

You can click the button below to get connected with a top solar installer in West Greenwich that can help you get a more accurate cost estimate for your home.

Solar savings over time in West Greenwich

Year Return on Investment
1 years $-7,213
3 years $-5,458
5 years $-3,702
7 years $-1,946
9 years $-190
11 years $1,565
13 years $3,321
15 years $5,077
17 years $6,833
19 years $8,588
21 years $10,344
23 years $12,100
25 years $13,856

Top Solar Installers in West Greenwich

Many homeowners decide to use a solar installer since trying to put up solar panels yourself can be time-consuming. Another benefit of using a solar installer is that they can help you maximize your return of investment by cutting back on future costs of repairs and replacements because of warranties and helping you learn about local incentives you can take advantage of.

If you'd like to make the switch to solar but still aren't certain which solar system company to go with, here are our suggestions for providers near you:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

Best for Leasing

Sunrun

★★★★★
4.0

  • 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 West Greenwich

Factors that Affect Solar Panel Costs in West Greenwich

There are several factors that can determine your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.

Solar Equipment

The size of the solar panel system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $2,840. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like West Greenwich, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

Many homeowners find the average cost of solar in West Greenwich to be prohibitively expensive, even if the investment pays off over time. Thankfully, almost every solar installer in the area offers financing options. Solar loans greatly decrease upfront costs in most cases, but they also result in paying more over time because of interest. It's wise to include the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay off the loan.

Solar Panel Installation Company

The solar panel installation company you pick will affect your total cost to go solar. Different companies will bill different amounts for the equipment and labor. The size of the company can sometimes play the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices because of greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.

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 $19,936 9.6 years
8 kW $2.90 $16,222 $26,899 9.4 years
10 kW $2.84 $19,880 $34,021 9.2 years
12 kW $2.78 $23,379 $41,303 9.0 years
14 kW $2.73 $26,719 $48,743 8.9 years
16 kW $2.67 $29,900 $56,342 8.7 years
18 kW $2.61 $32,921 $64,101 8.5 years
20 kW $2.56 $35,784 $72,018 8.3 years

How to Save on Solar Panels

There are a lot of companies to choose from in West Greenwich, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:

  • Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years likely offer high-quality solar panel installation and expertise.
  • Contract: Although reading through a contract can be tedious, it's important to do it carefully so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
  • Warranty: Companies typically offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
  • Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Technology

Tesla Energy

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

EcoWatch's West Greenwich, RI Solar Cost FAQs

What is the average cost of installing solar panels in West Greenwich?

The average cost of solar panels in West Greenwich is about $14,200 for a 5-kW system and $28,400 for a 10-kW system before the ITC, but the real cost will depend on things such as the kind of solar panels you want, what size system you need and how much energy you use.

Are solar panels free in West Greenwich?

A solar panel system isn't free in West Greenwich, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.

How will installing solar panels impact my property value?

Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in West Greenwich is currently $382,051, so you can expect a value of about $15,664 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in West Greenwich is a worthwhile investment.

How many solar panels should I get to power my home?

The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.

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.

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