Solar Panel Cost Guide in West Yarmouth, MA (2024 Update)
- West Yarmouth Solar Installation Cost: $11,716
- 25-Year Savings: $17,619
- Payback Period: 11.2 Years
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Average Cost of Solar Panels in West Yarmouth
Let’s take a look at the average cost of solar in West Yarmouth.
Currently, the national average cost of solar panels is $2.66 per watt. However, in West Yarmouth, the typical cost of solar panels is 4 per watt.Using this figure, a typical 4.1-kW system would cost about $11,716 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The actual cost of making the switch to solar can vary quite a bit based on a few factors, such as what size system you need, your energy usage and what solar installer you go with.Even with the large initial cost, the average West Yarmouth homeowner can save around $24,000 on their energy bills over 20 years, which is one of the perks of solar.
For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in West 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 West Yarmouth
Many homeowners opt for a solar panel installer since trying to install solar panels yourself can be hard. Since solar panels are exposed to the elements every day, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
If you’d like to go solar but still aren’t sure which solar system installer to go with, here are our recommendations for providers near you:
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 West Yarmouth
Factors that Affect Solar Panel Costs in West Yarmouth
The cost of installing a solar system in West Yarmouth can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
One of the most significant 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 energy your household consumes, the larger your system will likely need to be. You can expect to spend around $4,060 per kilowatt in West Yarmouth.The type of solar panels and equipment you get is another factor that will largely impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Further, solar equipment goes beyond just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that’s in your budget.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are offered by most installers in West Yarmouth, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable.However, the interest on solar loans also increases your total costs, so it’s crucial to include that in your estimate as well. You can always bring down the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you go with to handle your switch to green energy can have an effect on your total costs. There are about 3 solar panel companies in West Yarmouth, and each can charge different amounts for labor and equipment.Additionally, some companies in West Yarmouth have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. 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 | $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
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be difficult, we have some tips to help you, such as:
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years most likely provide high-quality solar panel installation and expertise.
- Installation Process: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the completion timeline.
- Solar Panel Brands: The type of solar panel you need to install plays a part in which installer you should opt for, since different companies provide different panels.
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
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 West Yarmouth, MA Solar Cost FAQs
How much does it cost to install solar panels in West Yarmouth?
The average cost of solar panels in West Yarmouth 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 stuff like the kind of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in West Yarmouth?
Leasing solar panels can be an attractive choice, as it typically comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better option if you want to maximize your savings.
How much can I save on energy bills after installing solar panels?
It is possible to erase your electricity bills with solar panels, but for most homeowners in West 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 West Yarmouth?
On average, solar panels can last 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 higher 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.