Solar Panel Cost Guide in South Yarmouth, MA (2024 Update)

  • South Yarmouth Solar Installation Cost: $11,716
  • 25-Year Savings: $17,619
  • Payback Period: 11.2 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 South Yarmouth

Find out what the average cost of solar panel installation is in South Yarmouth.

Currently, the national average cost of solar panels is $2.66 per watt. However, in South Yarmouth, the average cost of solar panels is 4 per watt.The average solar panel system size in South Yarmouth is around 4.1 kilowatts, meaning a cost of about $11,716 for a solar installation, or $16,754 before the 0 federal solar tax credit is applied.

Keep in mind that the figures above are only estimates based on the average South Yarmouth homeowner. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.Despite the high upfront cost, the average South Yarmouth homeowner can save around $24,000 on their power bills over 20 years, which is one of the advantages of solar.

For a personalized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.

Solar savings over time in South Yarmouth

Year Return on Investment
1 years $-10,115
3 years $-6,913
5 years $-3,710
7 years $-507
9 years $2,695
11 years $5,898
13 years $9,101
15 years $12,303
17 years $15,506
19 years $18,708
21 years $21,911
23 years $25,114
25 years $28,316

Top Solar Installers in South Yarmouth

When going solar, many homeowners choose to go with a solar installer since putting up solar panels yourself can be a time-consuming project. The expertise that solar companies offer can be useful as well, especially if you don’t quite know what type of solar equipment would be right for your home.

Working with a professional solar installer can help you make the most of your investment in solar. Here are our recommendations:

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 South Yarmouth

Factors that Affect Solar Panel Costs in South Yarmouth

There are a number of factors that can affect your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.

Solar Equipment

System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. That’s why it’s crucial to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use.The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for 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 over time on your electric bills. Additionally, extra products, like solar batteries, can bump up your total well above the South Yarmouth average.

Solar Financing Terms

If paying for a solar system out of pocket is difficult, solar loans are a popular option because they reduce your upfront costs and let you pay for your system over a term of, on average, between five and seven years.However, the interest on solar loans also increases your overall costs, so it’s vital to include that in your estimate as well. You can always bring down the total you pay in interest and in some cases even your APR by making a larger down payment.

Solar Panel Installation Company

The solar company you hire to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar panel companies operating in South Yarmouth, and each can charge varying amounts for labor and equipment.The company’s size sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have more resources and bulk pricing. Smaller local companies might be more costly, but they generally 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 $20,256 11.7 years
8 kW $4.14 $23,191 $27,463 11.4 years
10 kW $4.06 $28,420 $34,897 11.2 years
12 kW $3.98 $33,422 $42,558 11.0 years
14 kW $3.90 $38,196 $50,447 10.8 years
16 kW $3.82 $42,744 $58,563 10.5 years
18 kW $3.74 $47,064 $66,907 10.3 years
20 kW $3.65 $51,156 $75,478 10.1 years

How to Save on Solar Panels

There are a large number of companies available in South Yarmouth, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:

  • Contract: Though reading through a contract can take a lot of time, it’s important to do it thoroughly so you can be sure you understand what services your solar company will provide and the terms of the warranty.
  • Installation Process: Make sure you’re aligned with the company with regard to how the installation process will go and what you need to do before your solar panel system is installed, such as updating your electrical system or roof.
  • Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like the EcoWatch team.
  • Warranty: Warranties that cover defective panels and repairs over a long period of time such as 25 years are the gold standard in the business, and offering that kind of warranty is one indication of a quality company.

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 South Yarmouth, MA Solar Cost FAQs

What is the average cost of installing solar panels in South Yarmouth?

This is a tough question to answer exactly, because the cost depends on a variety of 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 more efficient panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you choose a smaller solar panel system or cheaper solar panels.

Is it better to lease or buy solar panels in South Yarmouth?

Leasing solar panels can be an option if you are unable to 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 home 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.

How much can I save on power bills after switching to solar?

It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout South Yarmouth, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.

How long do solar panels last in South Yarmouth?

On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher 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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