Solar Panel Cost Guide in Winooski, VT (2025 Update)
- Winooski Solar Installation Cost: $15,413
- 25-Year Savings: $20,580
- Payback Period: 12.0 Years
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Average Cost of Solar Panels in Winooski
See how much it might cost to go solar in Winooski.
In Winooski, solar panels cost about 4 per watt on average.Since a 5.7-kW system is needed to cover the energy needs of a typical home in Winooski, the average price of going solar will be about $15,413 after claiming the federal solar tax credit of 0.
These figures are just estimates, and how much solar costs for you will most likely differ 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 return on investment for most homeowners is usually rewarding, with a net average savings of about $21,000 over 20 years on electricity bills.
You can click the button below to get connected with a pre-vetted solar installer in Winooski for a quote for your home.
Solar savings over time in Winooski
| Year | Return on Investment |
|---|---|
| 1 years | $-14,052 |
| 3 years | $-11,331 |
| 5 years | $-8,609 |
| 7 years | $-5,887 |
| 9 years | $-3,165 |
| 11 years | $-444 |
| 13 years | $2,278 |
| 15 years | $5,000 |
| 17 years | $7,722 |
| 19 years | $10,443 |
| 21 years | $13,165 |
| 23 years | $15,887 |
| 25 years | $18,609 |
Top Solar Installers in Winooski
Many homeowners opt for a solar installer since trying to install solar panels by yourself can be time-consuming. In addition, if you’d like to maximize your investment in solar, going with a solar company can help with that as well. Different providers can offer warranties, expertise on solar panel installation and sometimes even information on local incentives and net metering programs.
If you're looking for a solar company in Winooski, we've organized a list of our top suggestions here:
See all of the solar companies in Winooski
Factors that Affect Solar Panel Costs in Winooski
The cost of installing a solar system in Winooski can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The size of the solar energy system you need for your home, 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 around $3,850. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get 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 in the long run on your power bills. In addition, extra products, like solar batteries, can bring your total well above the Winooski average.
Solar Financing Terms
Many homeowners find the average cost of solar in Winooski to be too costly, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides financing options. Solar loans remarkably decrease upfront costs in most cases, but they also result in paying more over time due to interest.You’ll have to consider the long-term cost of loans, including the total 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 getting a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Winooski is the company you choose to install your PV system. As with choosing a company to renovate your kitchen, for example, you’ll have many options for solar installers that provide a range of services for different budgets.The company’s size sometimes plays the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down 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 | $4.00 | $16,817 | $16,828 | 12.5 years |
| 8 kW | $3.93 | $21,991 | $22,868 | 12.3 years |
| 10 kW | $3.85 | $26,950 | $29,124 | 12.0 years |
| 12 kW | $3.77 | $31,693 | $35,596 | 11.8 years |
| 14 kW | $3.70 | $36,221 | $42,283 | 11.5 years |
| 16 kW | $3.62 | $40,533 | $49,186 | 11.3 years |
| 18 kW | $3.54 | $44,629 | $56,304 | 11.1 years |
| 20 kW | $3.47 | $48,510 | $63,638 | 10.8 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:
- Solar Panel Brands: Different companies will have various brands and types of panels. If you know you want a specific brand, make sure the solar panel installer you’re considering has it.
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like the EcoWatch team.
- Contract: Look through the contract terms carefully to make sure you understand how much it will cost, project timeline incentives and warranties.
- Installation Process: Make sure you’re on the same page with the installer in regard to how the installation process will go and what needs to be done before your solar panel system is installed, such as updating your electrical system or roof.
EcoWatch's Winooski, VT Solar Cost FAQs
How much does it cost to install solar panels in Winooski?
The average cost of solar panels in Winooski is about $19,250 for a 5-kW system and $38,500 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Winooski?
Leasing solar panels can be an option if you can’t pay upfront or secure a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Is it worth going solar in Winooski?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.