Solar Panel Cost Guide in Middleborough, MA (2024 Update)
- Middleborough Solar Installation Cost: $11,760
- 25-Year Savings: $16,448
- Payback Period: 11.8 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Middleborough
Find out how much it might cost to install solar panels in Middleborough.
Although the national average of solar panels is $2.66 per watt, solar panels in Middleborough typically cost about 4.Using this figure, a typical 4.1-kW system would cost about $11,760 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Middleborough homeowner. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.But, once you've paid the initial cost of installation, the ROI for most homeowners is usually good, with a net average savings of about $23,000 over 20 years on power bills.
For a personalized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Middleborough
| Year | Return on Investment |
|---|---|
| 1 years | $-10,415 |
| 3 years | $-7,723 |
| 5 years | $-5,032 |
| 7 years | $-2,341 |
| 9 years | $351 |
| 11 years | $3,042 |
| 13 years | $5,733 |
| 15 years | $8,424 |
| 17 years | $11,116 |
| 19 years | $13,807 |
| 21 years | $16,498 |
| 23 years | $19,189 |
| 25 years | $21,881 |
Top Solar Installers in Middleborough
Many homeowners opt for a solar installation company since trying to put up solar panels by yourself can be a lot of work. Also, companies with a good reputation that cost more upfront could actually save you money in the long run because of their warranties, repair services and expert design.
If you’d like to go solar but still aren’t certain which solar installer to go with, here are our suggestions for providers in Middleborough:
Best National Provider
SunPower
- 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
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
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 Middleborough
Factors that Affect Solar Panel Costs in Middleborough
The cost of installing a solar system in Middleborough can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The size of the solar 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 about $4,060. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more in the long run on your energy bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Middleborough average.
Solar Financing Terms
Most solar installers in Middleborough offer solar loans, which reduce your upfront costs of installing a solar system.You’ll have to consider the long-term cost of loans, including the amount of 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 more than the original cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The remaining significant cost factor you should keep in mind is the installer you choose. Given the booming popularity of green energy solutions in Middleborough, you’ll have plenty of options to choose from, but each comes at various price points for labor and equipment.The company’s size can sometimes play the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices because of 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 discount 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 | $4.22 | $17,734 | $18,463 | 12.2 years |
| 8 kW | $4.14 | $23,191 | $25,072 | 12.0 years |
| 10 kW | $4.06 | $28,420 | $31,909 | 11.8 years |
| 12 kW | $3.98 | $33,422 | $38,973 | 11.5 years |
| 14 kW | $3.90 | $38,196 | $46,264 | 11.3 years |
| 16 kW | $3.82 | $42,744 | $53,782 | 11.1 years |
| 18 kW | $3.74 | $47,064 | $61,528 | 10.8 years |
| 20 kW | $3.65 | $51,156 | $69,501 | 10.6 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be difficult, we have some tips to help you, such as:
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should secure and how long the project will take.
- Solar Panel Brands: The brand of solar panel you want plays a role in which company you should opt for, since different companies offer different panels.
- Warranty: A comprehensive, long-term warranty can help keep your solar panel system running for years to come and save you money on repairs and maintenance.
- Contract: It’s important to read through your solar installer’s contract well to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
Best National Provider
SunPower
- 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
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
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 Middleborough, MA Solar Cost FAQs
How much does it cost to install solar panels in Middleborough?
The average cost of solar panels in Middleborough is about $20,300 for a 5-kW system and $40,600 for a 10-kW system before the ITC, but the real cost will depend on things such as the model of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Middleborough?
Solar panels aren’t free in Middleborough, 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 you can take advantage of.
Do solar panels increase the value of your home?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Middleborough is currently $505,736, which means you can expect a value of about $20,735 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Middleborough is a worthwhile investment.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can opt to replace them after having them for that long or you can continue to use them at a lower efficiency.
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.