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

  • Milton Solar Installation Cost: $12,529
  • 25-Year Savings: $16,986
  • Payback Period: 12.0 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

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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 Milton

Find out what the average cost of installing solar panels is in Milton.

In Milton, solar panels cost about 4 per watt on average.Because a 4.4-kW system is needed to cover the energy usage of a typical home in Milton, the average price of going solar will be about $12,529 after claiming the federal solar tax credit of 0.

How much you pay can go higher or lower than the average in Milton depending on a variety of factors, such as the type of solar panels you choose and the solar company you hire.But, after you've paid the initial cost of installation, the savings for most homeowners is quite rewarding, with a net average savings of about $22,000 over 20 years on utility bills.

You can click the button below to get connected with a pre-vetted solar installer in Milton for a quote for your home.

Solar savings over time in Milton

Year Return on Investment
1 years $-10,898
3 years $-7,634
5 years $-4,370
7 years $-1,106
9 years $2,157
11 years $5,421
13 years $8,685
15 years $11,948
17 years $15,212
19 years $18,476
21 years $21,739
23 years $25,003
25 years $28,267

Top Solar Installers in Milton

Trying to put up solar panels on your own can be a stressful task, which is why using a solar installer is a good option for many homeowners. Local solar installation companies can also help you optimize your return on investment by assisting with any local incentives you can benefit from and by offering warranties and repairs.

There are several licensed solar professionals that can help you install your solar system. Here are our suggestions:

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 Milton

Factors that Affect Solar Panel Costs in Milton

The cost of installing a solar system in Milton can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.

Solar Equipment

The size of the solar panel 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 nearly $4,060. There are several different solar panel brands and the one you pick also changes the cost. In many cases, the brands that offer higher efficiency tend to also cost more. Additionally, the type of equipment you’re looking to get can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are offered by most installers in Milton, which can lower, or in some cases totally eliminate, your upfront costs to make solar more affordable.It’s wise to add the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it’ll take to pay off the loan.

Solar Panel Installation Company

Lastly, the company you choose to install your solar panel system can play a part in determining the cost. Milton’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies typically have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.

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 $17,730 12.5 years
8 kW $4.14 $23,191 $24,095 12.3 years
10 kW $4.06 $28,420 $30,687 12.0 years
12 kW $3.98 $33,422 $37,507 11.8 years
14 kW $3.90 $38,196 $44,554 11.5 years
16 kW $3.82 $42,744 $51,828 11.3 years
18 kW $3.74 $47,064 $59,330 11.1 years
20 kW $3.65 $51,156 $67,059 10.8 years

How to Save on Solar Panels

Since the type of solar panels and the installer you choose has an impact on your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:

  • Warranty: If you’re concerned about the longevity of your solar system, ensuring your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
  • Solar Panel Brands: Each solar panel brand and type has varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose plays a role in which solar panel brands you have access to.
  • Contract: Even though reading through a contract can take a lot of time, it’s important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
  • Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project timeline.

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 Milton, MA Solar Cost FAQs

How much does it cost to install solar panels in Milton?

This is a hard question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $20,300 for a 5-kW system and $40,600 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or higher quality panels, or if you have above-average energy consumption. On the flip side, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.

What other factors should I consider in addition to cost when buying solar panels?

Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.

Is making the switch to solar worth it?

Whether or not solar panels are worth it depends on some different factors like local electricity rates and the amount of direct sunlight your roof gets.

How often do you have to replace solar panels?

On average, the lifespan of solar panels is 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 amount 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.

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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