Solar Panel Cost Guide in West Springfield Town, MA (2024 Update)
- West Springfield Town Solar Installation Cost: $12,716
- 25-Year Savings: $13,094
- Payback Period: 14.3 Years
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Average Cost of Solar Panels in West Springfield Town
Find out what the average cost of solar panel installation is in West Springfield Town.
The national average cost of solar panels is $2.66 per watt, but in West Springfield Town it’s 4 per watt.Because a 4.5-kW system is needed to cover the energy needs of a typical home in West Springfield Town, the average price of going solar will be about $12,716 after claiming the federal solar tax credit of 0.
Bear in mind that the figures above are only estimates based on the average West Springfield Town homeowner. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.Many homeowners find going solar is a solid investment. The average homeowner in West Springfield Town can save about $19,000 on their power bills over 20 years.
For a customized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in West Springfield Town
| Year | Return on Investment |
|---|---|
| 1 years | $-11,815 |
| 3 years | $-10,014 |
| 5 years | $-8,213 |
| 7 years | $-6,412 |
| 9 years | $-4,611 |
| 11 years | $-2,810 |
| 13 years | $-1,009 |
| 15 years | $792 |
| 17 years | $2,593 |
| 19 years | $4,394 |
| 21 years | $6,195 |
| 23 years | $7,996 |
| 25 years | $9,797 |
Top Solar Installers in West Springfield Town
Many homeowners opt for a solar panel company since installing solar panels yourself can be a lot of work. The payback period on a solar system will vary depending on factors like your location and energy consumption, but working with a solar company can help you reach a break-even point sooner. Your provider will be able to help you identify incentives available in your area.
If you’d like to switch to solar energy but still aren’t sure which solar panel company to go with, here are our suggestions for providers nearby:
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
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in West Springfield Town
Factors that Affect Solar Panel Costs in West Springfield Town
Even though the average cost of a solar system in West Springfield Town is $12,716, your final cost may be higher or lower than that. There are several factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $4,060.The model of solar panels and equipment you get is another factor that will significantly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Further, solar equipment consists of more than just the solar panels themselves. You’ll also need to think about 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 for a solar system that falls within your budget.
Solar Financing Terms
If paying for a solar system in cash is difficult, solar loans are a solid route because they cut back your upfront costs and let you pay for your system over a term of, on average, between five and seven years.Though solar loans make adopting solar energy more accessible for West Springfield Town homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in West Springfield Town is the company you hire to install your solar system. As with choosing a company to renovate your kitchen, for instance, there are plenty of solar installers that offer a range of services for different budgets.Larger national companies typically have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have 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 | $12,173 | 14.8 years |
| 8 kW | $4.14 | $23,191 | $16,685 | 14.5 years |
| 10 kW | $4.06 | $28,420 | $21,425 | 14.3 years |
| 12 kW | $3.98 | $33,422 | $26,392 | 14.0 years |
| 14 kW | $3.90 | $38,196 | $31,586 | 13.7 years |
| 16 kW | $3.82 | $42,744 | $37,008 | 13.4 years |
| 18 kW | $3.74 | $47,064 | $42,657 | 13.1 years |
| 20 kW | $3.65 | $51,156 | $48,534 | 12.8 years |
How to Save on Solar Panels
There are numerous companies to choose from in West Springfield Town, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Contract: Look through the contract terms thoroughly to make sure you understand how much it will cost, project completion timeline incentives and warranties.
- Warranty: An all-inclusive, long-term warranty can help keep your solar panels running for years to come and save you money on part replacement and repairs.
- Installation Process: Make sure you’re on the same page with the company in regard to how the installation process will go and what needs to be done before your solar panel system is installed, such as repairing your electrical system or roof.
- Solar Panel Brands: Different companies will have various brands and models of panels. If you want a specific brand, make sure the solar installer you’re considering has it.
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
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's West Springfield Town, MA Solar Cost FAQs
How much does it cost to install solar panels in West Springfield Town?
This is a tough question to answer exactly, because the cost depends on a few different factors. Broadly 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 additional solar equipment or higher quality 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.
Should I lease or buy solar panels in West Springfield Town?
Leasing solar panels can be an attractive choice, as it typically comes with low or $0 upfront payments. The downside 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 tax rebates and credits and your home value won’t increase. Buying solar panels is a better option if you want to maximize your savings.
Can solar panels completely eradicate my electricity bills?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $996.90 per year.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to cover their typical energy usage.
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.