Solar Panel Cost Guide in Southbridge Town, MA (2024 Update)

  • Southbridge Town Solar Installation Cost: $12,726
  • 25-Year Savings: $16,709
  • Payback Period: 12.3 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 Southbridge Town

See how much it might cost to make the switch to solar in Southbridge Town.

The average cost of a solar panel system in Southbridge Town is 4 per watt.Because a 4.5-kW system is needed to cover the energy usage of a typical home in Southbridge Town, the average price of going solar will be about $12,726 after claiming the federal solar tax credit of 0.

How much you pay can be higher or lower than the average in Southbridge Town based on a variety of factors, such as the type of solar panels you choose and the solar contractor you hire.Despite the large initial cost, the average Southbridge Town homeowner can save around $22,000 on their energy bills over 20 years, which is one of the advantages of solar.

You can click the button below to get connected with a vetted solar company in Southbridge Town that can help you get a more accurate cost estimate for your home.

Solar savings over time in Southbridge Town

Year Return on Investment
1 years $-11,002
3 years $-7,556
5 years $-4,109
7 years $-662
9 years $2,785
11 years $6,232
13 years $9,679
15 years $13,126
17 years $16,572
19 years $20,019
21 years $23,466
23 years $26,913
25 years $30,360

Top Solar Installers in Southbridge Town

Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can use up a lot of your time and energy. Using a solar company can make swapping over to solar power much easier. Another good thing about using a reputable solar installer is that it'll provide warranties and free repairs, which help protect your investment.

There are various licensed solar professionals that can take care of your solar installation project. 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 Southbridge Town

Factors that Affect Solar Panel Costs in Southbridge Town

For many Southbridge Town homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Southbridge Town, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you’ll pay, which we'll go over below.

Solar Equipment

One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to spend about $4,060 per kilowatt in Southbridge Town.The brand and kind of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.

Solar Financing Terms

Solar panels can save you money on energy bills over time, but they can also be a big investment. That’s why many Southbridge Town homeowners choose to finance their solar panel systems to make paying for solar more affordable.However, the interest on solar loans also increases your all-in costs, so it’s crucial to keep that in mind 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

Finally, the company you hire to install your solar panel system can affect how much you pay. Southbridge Town’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Southbridge Town know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, 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 $17,003 12.8 years
8 kW $4.14 $23,191 $23,125 12.5 years
10 kW $4.06 $28,420 $29,475 12.3 years
12 kW $3.98 $33,422 $36,052 12.0 years
14 kW $3.90 $38,196 $42,856 11.8 years
16 kW $3.82 $42,744 $49,888 11.5 years
18 kW $3.74 $47,064 $57,147 11.3 years
20 kW $3.65 $51,156 $64,634 11.0 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 select the right ones for you. Here are some tips to keep in mind to help with your decision:

  • Warranty: If you care about the durability of your solar panel system, ensuring your installer offers a 25-year, all-inclusive warranty can help put you at ease.
  • 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 get the job done well. Another way you can verify your installer’s reputation is by reading reviews.
  • Installation Process: One of the most important things 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 what the project timeline is.
  • Solar Panel Brands: Different companies carry different brands and types of panels. If you prefer a specific brand, make sure the solar panel company you’re considering has it.

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 Southbridge Town, MA Solar Cost FAQs

What is the average cost of installing solar panels in Southbridge Town?

The average cost of solar panels in Southbridge Town 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 certain factors such as the type of solar panels you want, what size system you need and how much energy you use.

What other factors should I consider aside from cost when buying solar panels?

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

How will having solar panels impact my home value?

Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Southbridge Town is currently $418,324, so you can expect a value of about $17,151 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Southbridge Town is a fruitful investment.

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 decreases 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.

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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