Solar Panel Cost Guide in Boxford, MA (2024 Update)

  • Boxford Solar Installation Cost: $12,074
  • 25-Year Savings: $15,589
  • Payback Period: 12.4 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

Why you can trust EcoWatch

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 Boxford

Find out how much it might cost to switch to solar power in Boxford.

In Boxford, solar panels cost about 4 per watt on average.The average Boxford homeowner needs a 4.2-kilowatt system, which would cost about $12,074 with the federal tax credit, or $17,266 before the 0 tax credit is applied.

The true cost of your system can be higher or lower than the average in Boxford based on a few factors, such as the kind of solar panels you choose and the solar contractor you hire.For most homeowners, the upfront cost of solar power is worth paying. On average you could be looking at about $22,000 in savings on energy bills over 20 years.

To see your potential ROI and connect with a local solar expert, click the button below.

Solar savings over time in Boxford

Year Return on Investment
1 years $-10,351
3 years $-6,904
5 years $-3,457
7 years $-10
9 years $3,437
11 years $6,884
13 years $10,331
15 years $13,777
17 years $17,224
19 years $20,671
21 years $24,118
23 years $27,565
25 years $31,012

Top Solar Installers in Boxford

Although it's possible to install solar panels yourself, it takes extra time and expertise. Because of that, the majority of homeowners choose to hire a solar panel installer. Another good thing about choosing a top solar installer is that it'll provide warranties and free repairs, which help protect your solar system over time.

If you’d like to go solar but still aren’t certain which solar panel installer to go with, here are our suggestions for providers nearby:

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 Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

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 Boxford

Factors that Affect Solar Panel Costs in Boxford

Cost is usually one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that affect your total cost in Boxford: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.

Solar Equipment

Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. For that reason, it’s a priority to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use.The brand and type of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.

Solar Financing Terms

If paying for solar panels in cash is out of reach, solar loans are an affordable route because they lower your upfront costs and let you pay for your system over five to seven years on average.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.

Solar Panel Installation Company

The solar installer you select will influence your total cost to make the switch to solar energy. Different companies will charge different amounts for the equipment and labor.Additionally, some companies in Boxford know more about local solar incentives and can help you learn about additional rebates or tax exemptions. However, 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 $4.22 $17,734 $16,629 12.9 years
8 kW $4.14 $23,191 $22,627 12.7 years
10 kW $4.06 $28,420 $28,852 12.4 years
12 kW $3.98 $33,422 $35,304 12.2 years
14 kW $3.90 $38,196 $41,984 11.9 years
16 kW $3.82 $42,744 $48,892 11.7 years
18 kW $3.74 $47,064 $56,026 11.4 years
20 kW $3.65 $51,156 $63,388 11.2 years

How to Save on Solar Panels

Since the kind of solar panels and the company you choose considerably affects your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:

  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to install your solar system. Another way you can verify your installer’s reputation is by reading reviews.
  • Warranty: A comprehensive, 25-year warranty can help keep your solar system running for years to come and save you money on repairs and maintenance.
  • Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project completion timeline.
  • Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and energy efficiency. They will come at different price points 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 Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

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 Boxford, MA Solar Cost FAQs

What is the average cost of installing solar panels in Boxford?

The average cost of solar panels in Boxford is about $20,300 for a 5-kW system and $40,600 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you use.

Can you get solar panels for free in Boxford?

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

Is going solar worth it?

Solar panels can be a great investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already reasonably low, solar panels might not be for you.

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

To figure out how many solar panels you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally 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.

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.

Follow us