Solar Panel Cost Guide in Middlebury, VT (2025 Update)
- Middlebury Solar Installation Cost: $15,073
- 25-Year Savings: $22,522
- Payback Period: 11.2 Years
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Average Cost of Solar Panels in Middlebury
Let’s take a look at the average cost of solar in Middlebury.
The average cost of a solar system in Middlebury is 4 per watt.To account for the typical energy usage of the average home in Middlebury, most homeowners require a 5.6-kilowatt system. Using the per-watt figure above, a solar installation costs around $15,073, or $21,554 before the federal solar tax credit of 0 is applied.
These figures are only estimates, and how much solar costs for you will look different based on factors unique to your home and what company you go with.But, once you've paid the upfront cost of installation, the savings for most homeowners is typically rewarding, with a net average savings of about $23,000 over 20 years on power bills.
To see your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Middlebury
Year | Return on Investment |
---|---|
1 years | $-13,712 |
3 years | $-10,990 |
5 years | $-8,268 |
7 years | $-5,547 |
9 years | $-2,825 |
11 years | $-103 |
13 years | $2,619 |
15 years | $5,341 |
17 years | $8,062 |
19 years | $10,784 |
21 years | $13,506 |
23 years | $16,228 |
25 years | $18,949 |
Top Solar Installers in Middlebury
Although it's possible to install solar panels on your own, it takes extra labor and handiness. Because of that, most homeowners choose a solar panel installer. Solar warranties and repairs are often included in the cost of installation when you hire a solar company too, which can save you more money over time.
You can work with a local solar installer to get a free quote on how much your investment in solar could cost for your home. Here are some nearby:
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 Middlebury
Factors that Affect Solar Panel Costs in Middlebury
For many Middlebury homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Middlebury, with typical prices between $20,000 to $40,000. There are a few factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power production need 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 $3,850.There are a lot of different solar panel brands and the one you pick also affects the cost. In general, the brands that offer higher efficiency tend to also cost more. Plus, the type of equipment you’re looking to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in Middlebury offer solar loans, which reduce the initial cost of installing a solar system.Although solar loans make adopting solar energy more accessible for Middlebury homeowners, they can also add to the total you pay for your system due to interest. 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 last key cost factor you should take into consideration is the installer you choose. Given the growing popularity of clean energy solutions in Middlebury, you’ll have lots of options to choose from, but each comes at different price points for labor and equipment.Additionally, some companies in Middlebury know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save 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 | $4.00 | $16,817 | $19,398 | 11.6 years |
8 kW | $3.93 | $21,991 | $26,296 | 11.4 years |
10 kW | $3.85 | $26,950 | $33,409 | 11.2 years |
12 kW | $3.77 | $31,693 | $40,737 | 10.9 years |
14 kW | $3.70 | $36,221 | $48,281 | 10.7 years |
16 kW | $3.62 | $40,533 | $56,041 | 10.5 years |
18 kW | $3.54 | $44,629 | $64,016 | 10.3 years |
20 kW | $3.47 | $48,510 | $72,207 | 10.0 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Warranty: A comprehensive, long-term warranty can help keep your solar panels running for years to come and save you money on part replacement and repairs.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you hire.
- Reputation: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Contract: It’s important to look over your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
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 Middlebury, VT Solar Cost FAQs
How much does it cost to install solar panels in Middlebury?
This is a tough question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $19,250 for a 5-kW system and $38,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Is cost the most important consideration when buying solar panels?
The upfront cost is a very important factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to think about are the quality and durability of your solar panels.
How much can I save on power bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $1,207.17 per year.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and how much sunlight your roof gets. You can 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 cover 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.