*Prices are shown after applying the 30% federal tax credit.
As of Mar 2024, the average cost of solar panels in Ashley Falls is $3.03 per watt making a typical 6000 watt (6 kW) solar system $12,744 after claiming the 30% federal solar tax credit now available.
This is higher than the average price of residential solar power systems across the United States which is currently $3.00 per watt.
The size of a solar panel system also plays a role in how much the installation will cost.
Larger solar installations will typically have a lower cost per watt, because the panels can be purchased at a ‘bulk price’. However, these larger solar systems will still have a higher total cost, because they are made up of more individual panels.
System size* | Avg cost per watt |
Avg system cost
(After tax credit) show before tax |
---|---|---|
4kW | $3.32 | $9,294 |
5kW | $3.18 | $11,119 |
6kW | $3.03 | $12,744 |
7kW | $3.01 | $14,728 |
8kW | $3.06 | $17,151 |
9kW | $2.94 | $18,516 |
10kW | $2.91 | $20,374 |
Best unit price
$320.00 ($0.96 per watt)
Best system price
Installed 5.0kW system
$12,721.85
($2.53 p/w)
LG335N1K-V5 overview
Rated power
335 watts
Efficiency
19.6
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
KR
Best unit price
$562.50 ($1.50 per watt)
Best system price
Installed 4.9kW system
$12,120.18
($2.49 p/w)
LG375A1C-V5 overview
Rated power
375 watts
Efficiency
21.7
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
KR
Best unit price
$430.00 ($1.15 per watt)
Best system price
Installed 4.9kW system
$12,919.30
($2.65 p/w)
LG375Q1C-V5 overview
Rated power
375 watts
Efficiency
21.7
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
KR
Best unit price
$473.34 ($1.30 per watt)
Best system price
Installed 5.1kW system
$13,231.07
($2.59 p/w)
LG365Q1K-V5 overview
Rated power
365 watts
Efficiency
21.1
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
KR
Best unit price
$432.00 ($1.20 per watt)
Best system price
Installed 5.0kW system
$13,276.66
($2.63 p/w)
LG360Q1K-V5 overview
Rated power
360 watts
Efficiency
20.8
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$530.85 ($1.50 per watt)
Best system price
Installed 5.0kW system
$12,386.87
($2.49 p/w)
LG355Q1K-V5 overview
Rated power
355 watts
Efficiency
20.6
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$495.00 ($1.38 per watt)
Best system price
Installed 5.0kW system
$13,091.06
($2.60 p/w)
LG360Q1C-V5 overview
Rated power
360 watts
Efficiency
20.8
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$407.97 ($1.10 per watt)
Best system price
Installed 5.2kW system
$13,159.30
($2.54 p/w)
LG370Q1C-V5 overview
Rated power
370 watts
Efficiency
21.4
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$323.39 ($0.97 per watt)
Best system price
Installed 5.0kW system
$12,691.01
($2.53 p/w)
LG335N1C-V5 overview
Rated power
335 watts
Efficiency
19.6
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$338.19 ($0.99 per watt)
Best system price
Installed 5.1kW system
$0.00
($0.00 p/w)
LG340N1C-V5 overview
Rated power
340 watts
Efficiency
19.8
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$600.00 ($1.83 per watt)
Best system price
Installed 4.9kW system
$12,808.41
($2.61 p/w)
SPR-E20-327-COM overview
Rated power
327 watts
Efficiency
20.4
Number of Cells
96
Cell type
Monocrystalline
Manufactured
US
Best unit price
$800.00 ($2.22 per watt)
Best system price
Installed 5.0kW system
$13,201.67
($2.62 p/w)
SPR-X22-360 overview
Rated power
360 watts
Efficiency
22.2
Number of Cells
96
Cell type
Monocrystalline
Manufactured
US
Best unit price
$620.00 ($1.90 per watt)
Best system price
Installed 4.9kW system
$13,703.10
($2.79 p/w)
SPR-E20-327-D-AC overview
Rated power
327 watts
Efficiency
20.4
Number of Cells
96
Cell type
Monocrystalline
Manufactured
US
Best unit price
$620.00 ($1.90 per watt)
Best system price
Installed 4.9kW system
$13,610.59
($2.77 p/w)
SPR-E20-327 overview
Rated power
327 watts
Efficiency
20.4
Number of Cells
96
Cell type
Monocrystalline
Manufactured
US
Best unit price
$181.00 ($0.60 per watt)
Best system price
Installed 5.1kW system
$11,003.04
($2.16 p/w)
CS6K-300MS overview
Rated power
300 watts
Efficiency
18.33
Number of Cells
60
Cell type
Monocrystalline
Manufactured
CA
Best unit price
$196.11 ($0.65 per watt)
Best system price
Installed 5.1kW system
$9,948.02
($1.95 p/w)
LR6-60-HPB-300M overview
Rated power
300 watts
Efficiency
18.1
Number of Cells
120
Cell type
Mono PERC
Manufactured
CN
Best unit price
$172.00 ($0.56 per watt)
Best system price
Installed 4.9kW system
$9,568.53
($1.96 p/w)
LR6-60-HPB-305M overview
Rated power
305 watts
Efficiency
18.4
Number of Cells
120
Cell type
Mono PERC
Manufactured
CN
Best unit price
$165.00 ($0.53 per watt)
Best system price
Installed 5.0kW system
$9,761.72
($1.97 p/w)
LR6-60-HPB-310M overview
Rated power
310 watts
Efficiency
18.7
Number of Cells
120
Cell type
Mono PERC
Manufactured
CN
Best unit price
$228.00 ($0.60 per watt)
Best system price
Installed 4.9kW system
$9,579.65
($1.94 p/w)
LR4-60HPH-380M overview
Rated power
380 watts
Efficiency
20.9
Number of Cells
120
Cell type
Mono PERC
Manufactured
CN
Best unit price
$234.00 ($0.60 per watt)
Best system price
Installed 5.1kW system
$10,126.74
($2.00 p/w)
LR6-72HBD-390M overview
Rated power
390 watts
Efficiency
19.4
Number of Cells
144
Cell type
Mono PERC
Manufactured
CN
4.91 102 Reviews
Jerry Eastman , 2 days ago
In our quest to find the best solar option for us at a reasonable price, we were most impressed by Sunergy Solutions and Kevin Cesare’s presentation. We had talked with representatives from several companies, but Kevin gave us by far the most complete and understandable information regarding our needs, the potential cost savings, and the overall procedural steps involved. Having made our choice, we can look forward to Kevin’s being there to answer any further questions we might have.
Read more
Jerry Eastman , 2 days ago
In our quest to find the best solar option for us at a reasonable price, we were most impressed by Sunergy Solutions and Kevin Cesare’s presentation. We had talked with representatives from several companies, but Kevin gave us by far the most complete and understandable information regarding our needs, the potential cost savings, and the overall procedural steps involved. Having made our choice, we can look forward to Kevin’s being there to answer any further questions we might have.
4.86 161 Reviews
Deb and Steve, over 1 month
From the first contact to the final in person “close out” of our solar installation this team was fantastic. Professional, careful, deliberate, and creative are a few of the words I would use to describe the Mass Renewable team. Our project was complicated and these guys were not deterred - in fact I think they loved the challenge. I cannot say enough about the company Mike has created and I highly recommend them. Deb and Steve Falmouth, MA
Read more
Average cost (5kW system)
$20,000 ($4.00 per watt)
Deb and Steve, over 1 month
From the first contact to the final in person “close out” of our solar installation this team was fantastic. Professional, careful, deliberate, and creative are a few of the words I would use to describe the Mass Renewable team. Our project was complicated and these guys were not deterred - in fact I think they loved the challenge. I cannot say enough about the company Mike has created and I highly recommend them. Deb and Steve Falmouth, MA
4.84 473 Reviews
John Giller, 4 days ago
I thought that everyone at All Energy Solar that I interacted with professional and dedicated. Molly and Carlo always took time answer my questions and concerns. The guys in field were professional and curtious as well. All in all the process was smooth and ahead of schedule.
Read more
John Giller, 4 days ago
I thought that everyone at All Energy Solar that I interacted with professional and dedicated. Molly and Carlo always took time answer my questions and concerns. The guys in field were professional and curtious as well. All in all the process was smooth and ahead of schedule.
4.83 70 Reviews
R. Paulus, over 1 month
Before choosing a company, I met with reps from two other solar installer organizations. I was not inspired and decided that maybe solar panels were not for us. Why? I don't know really, but nothing positive happened during our meetings. Nothing seemed certain as to who would install, when, who my contact person would be. It was clear that the person I spoke with in the last meeting was not someone I would be in touch with again. The company wanted to limit the number of panels to 9, (according to law I was told) but I knew I needed more since I planned to buy an EV and an electric stove and a heat pump. Then I called NEC and the company arranged a meeting with Alex Perdue, a man who had lived in my neighborhood years ago and who would become the project manager fo our installation. Alex could not have been more helpful and trustworthy. There was not a bit of pressure, and he had a remarkably positive attitude. He introduced me to Artie Crocker who was assigned as the solar engineer. Artie arranged to have 16 solar panels installed, he oversaw the entire project, was always here to supervise the installation and until this day, after almost a year, he is there to answer any questions I have. I was so satisfied with what the company had done that I decided to install a mini split system. Chris Cardoza was assigned as project manager, and like Artie, he was always available and oversaw every detail of the operation. For both of these guys it seemed like everything had to be perfect before the installers finished their work. I can't say enough about the honesty, reliability and integrity of this company and these 3 men who represent it. It's pretty unusual. I have referred several neighbors to NEC. Two have already installed. And they are happy as well. Yes, NEC gets an A+ from me and deservedly so. Ron
Read more
R. Paulus, over 1 month
Before choosing a company, I met with reps from two other solar installer organizations. I was not inspired and decided that maybe solar panels were not for us. Why? I don't know really, but nothing positive happened during our meetings. Nothing seemed certain as to who would install, when, who my contact person would be. It was clear that the person I spoke with in the last meeting was not someone I would be in touch with again. The company wanted to limit the number of panels to 9, (according to law I was told) but I knew I needed more since I planned to buy an EV and an electric stove and a heat pump. Then I called NEC and the company arranged a meeting with Alex Perdue, a man who had lived in my neighborhood years ago and who would become the project manager fo our installation. Alex could not have been more helpful and trustworthy. There was not a bit of pressure, and he had a remarkably positive attitude. He introduced me to Artie Crocker who was assigned as the solar engineer. Artie arranged to have 16 solar panels installed, he oversaw the entire project, was always here to supervise the installation and until this day, after almost a year, he is there to answer any questions I have. I was so satisfied with what the company had done that I decided to install a mini split system. Chris Cardoza was assigned as project manager, and like Artie, he was always available and oversaw every detail of the operation. For both of these guys it seemed like everything had to be perfect before the installers finished their work. I can't say enough about the honesty, reliability and integrity of this company and these 3 men who represent it. It's pretty unusual. I have referred several neighbors to NEC. Two have already installed. And they are happy as well. Yes, NEC gets an A+ from me and deservedly so. Ron
4.82 215 Reviews
MickM, over 1 month
I had a good feeling about this company from the very first contact. They were very open and honest about expectations and took the time to explain everything and answer my long list of questions and concerns. As an employee-owned company and a certified B Corp (look it up), I felt I was dealing with local people from my surrounding communities, and not some distant money driven corporation with pushy sales. After the initial visit, I received a full proposal within a day or two and was given the time to process, get additional quotes and do more research, without being hassled for a decision. In the end, the decision was between two proposals and despite ReVision being marginally more expensive and having a longer lead time for installation, I knew they were the right guys for my project. In addition, they had my panel of choice (REC) that the other vendor wasn't able to supply. I was also very fortunate that the initial lead-time was cut by several months meaning that I would be up and running for the peak summer months. The installation crew were a great bunch of guys and were on site for a total of three days. I talked to them often and was given regular updates and when they wrapped up, they told me what I could expect next. The only minor hiccup we had was that I was told that the paperwork for the change to a net meter (by the utility) would be submitted by the next day (after installation) and that the utility would have 10 working days to switch the meter. It actually took a whole week before the utility received the application and I did not receive a response from ReVision when I requested clarification on the submission. Perhaps some miscommunication? Luckily, the following week, I contacted the utility directly, who expedited the meter switchover and PTO, and everything was up and running within the 10 day period. The be fair, had ReVision not set the bar so high from the beginning, I would have normally expected such minor delays in the process from any vendor. All in all, I have been very happy with the whole process and outcome. Watching that meter "spin" backwards so much more than it does forwards gives a warm fuzzy feeling, and let's me know that I'm saving up credit for the winter. My calculations from the first few weeks of operation (sunny and cloudy days) helped validate the system sizing and the meeting of our goal to eliminate our bill completely. I'm confident that we'll even make a little revenue over the year as a whole. Definitely the right choice!
Read more
Average cost (5kW system)
$20,050 ($4.01 per watt)
MickM, over 1 month
I had a good feeling about this company from the very first contact. They were very open and honest about expectations and took the time to explain everything and answer my long list of questions and concerns. As an employee-owned company and a certified B Corp (look it up), I felt I was dealing with local people from my surrounding communities, and not some distant money driven corporation with pushy sales. After the initial visit, I received a full proposal within a day or two and was given the time to process, get additional quotes and do more research, without being hassled for a decision. In the end, the decision was between two proposals and despite ReVision being marginally more expensive and having a longer lead time for installation, I knew they were the right guys for my project. In addition, they had my panel of choice (REC) that the other vendor wasn't able to supply. I was also very fortunate that the initial lead-time was cut by several months meaning that I would be up and running for the peak summer months. The installation crew were a great bunch of guys and were on site for a total of three days. I talked to them often and was given regular updates and when they wrapped up, they told me what I could expect next. The only minor hiccup we had was that I was told that the paperwork for the change to a net meter (by the utility) would be submitted by the next day (after installation) and that the utility would have 10 working days to switch the meter. It actually took a whole week before the utility received the application and I did not receive a response from ReVision when I requested clarification on the submission. Perhaps some miscommunication? Luckily, the following week, I contacted the utility directly, who expedited the meter switchover and PTO, and everything was up and running within the 10 day period. The be fair, had ReVision not set the bar so high from the beginning, I would have normally expected such minor delays in the process from any vendor. All in all, I have been very happy with the whole process and outcome. Watching that meter "spin" backwards so much more than it does forwards gives a warm fuzzy feeling, and let's me know that I'm saving up credit for the winter. My calculations from the first few weeks of operation (sunny and cloudy days) helped validate the system sizing and the meeting of our goal to eliminate our bill completely. I'm confident that we'll even make a little revenue over the year as a whole. Definitely the right choice!
4.79 79 Reviews
Janet W, 4 weeks ago
My family and I have wanted to install solar on our home for years, but unfortunately were never able to do so until our recent move. Our new home is perfectly situated for solar, so I started searching for a solar company in the tail end of December 2023. I wound up with two options, one of which was SavKat Solar, and made appointments with both companies. Jay from SavKat came out to our house on 12/26/2023 and spent several hours explaining EVERYTHING to me in great detail. He reviewed whether or not my house was a good fit for solar and why, then went over the different system sizes that are available and the warranties that go with each one. He explained the entire installation process from start to finish, including how long each of the steps in the process usually takes, and worked with me to figure out how many panels my family and I would need, as well as what the best location for each panel would be. He was open and honest about pricing and repayment options, and thoroughly answered and addressed each and every one of my questions and concerns. And when my daughter came home from work, he even spent extra time explaining everything to her! Neither one of us felt rushed or pressured into making a decision. He made us both feel extremely comfortable about asking him questions, and made sure that we understood everything. He told us to reach out to him with any questions we thought of after he left, and even e-mailed us all of the information that he spoke with us about so that we could review it and make a decision in our own time. Talk about service! I can't say the same about the other company. Jay also invited us to take a tour of the SavKat facilities, which I did on 1/3/2024. While there, I met multiple employees - including the owner - who were not only kind, but also quick to answer all of the questions that I had as well. After talking things over with my family, we decided to request an additional 3 panels so that we could be sure that we had enough wattage, and both Jay and the employees at SavKat were more than willing to accommodate our request. We signed a contract with them that day. Each and every step of the entire project happened faster than Jay had led us to expect, part of which might have been due to the fact that not a lot of people install solar in the beginning of the year. When the solar panels themselves were installed, every one of the employees were nice, quick, and efficient, and everything was explained to my family and I after it was done. Our new electric meters were installed today, so I'm hoping that we'll get permission to operate tomorrow. I can't say enough wonderful things about everyone at SavKat, especially Jay. Every time I've reached out to Jay, even when he was on a business trip, he has been extremely responsive, no matter how small my question might seem, and I was never once spoken down to or made to feel like I should know something that I didn't. If I could work with SavKat forever, I would. I wish more companies were as amazing as they are!
Read more
Janet W, 4 weeks ago
My family and I have wanted to install solar on our home for years, but unfortunately were never able to do so until our recent move. Our new home is perfectly situated for solar, so I started searching for a solar company in the tail end of December 2023. I wound up with two options, one of which was SavKat Solar, and made appointments with both companies. Jay from SavKat came out to our house on 12/26/2023 and spent several hours explaining EVERYTHING to me in great detail. He reviewed whether or not my house was a good fit for solar and why, then went over the different system sizes that are available and the warranties that go with each one. He explained the entire installation process from start to finish, including how long each of the steps in the process usually takes, and worked with me to figure out how many panels my family and I would need, as well as what the best location for each panel would be. He was open and honest about pricing and repayment options, and thoroughly answered and addressed each and every one of my questions and concerns. And when my daughter came home from work, he even spent extra time explaining everything to her! Neither one of us felt rushed or pressured into making a decision. He made us both feel extremely comfortable about asking him questions, and made sure that we understood everything. He told us to reach out to him with any questions we thought of after he left, and even e-mailed us all of the information that he spoke with us about so that we could review it and make a decision in our own time. Talk about service! I can't say the same about the other company. Jay also invited us to take a tour of the SavKat facilities, which I did on 1/3/2024. While there, I met multiple employees - including the owner - who were not only kind, but also quick to answer all of the questions that I had as well. After talking things over with my family, we decided to request an additional 3 panels so that we could be sure that we had enough wattage, and both Jay and the employees at SavKat were more than willing to accommodate our request. We signed a contract with them that day. Each and every step of the entire project happened faster than Jay had led us to expect, part of which might have been due to the fact that not a lot of people install solar in the beginning of the year. When the solar panels themselves were installed, every one of the employees were nice, quick, and efficient, and everything was explained to my family and I after it was done. Our new electric meters were installed today, so I'm hoping that we'll get permission to operate tomorrow. I can't say enough wonderful things about everyone at SavKat, especially Jay. Every time I've reached out to Jay, even when he was on a business trip, he has been extremely responsive, no matter how small my question might seem, and I was never once spoken down to or made to feel like I should know something that I didn't. If I could work with SavKat forever, I would. I wish more companies were as amazing as they are!
4.77 81 Reviews
Janet H., over 1 month
From start to finish this was an exceptional process. It was a throwback to a time when customer service was all about the customer. We were kept informed every step of the way, called if there was a delay for any reason, work was done timely, staff were more than competent and I was completely comfortable having them in and on my home. The work area was always cleaned before they left for the day. It was so refreshing to work with a company that does quality work, with quality products and cares about the client experience from start to finish.
Read more
Average cost (5kW system)
$18,600 ($3.72 per watt)
Janet H., over 1 month
From start to finish this was an exceptional process. It was a throwback to a time when customer service was all about the customer. We were kept informed every step of the way, called if there was a delay for any reason, work was done timely, staff were more than competent and I was completely comfortable having them in and on my home. The work area was always cleaned before they left for the day. It was so refreshing to work with a company that does quality work, with quality products and cares about the client experience from start to finish.
4.76 305 Reviews
Steve O, over 1 month
We've have owned our system for almost 8 years and had a Enphase microinverter fail. Enphase sent me a replacement microinverter and the search began to find someone to do the work as the original installers are now in PA. After multiple contacts, I found New England Clean Energy who quickly responded and I have to say, they are terrific! Definitely recommend them if you are a Massachusetts solar system owner or one looking for a new installation. Great communications with a great service team!! The team that came to do the replacement we're extremely friendly, knowledgeable and highly professional. I will definitely call on these folks for any future needs! 5 Star service from start to finish!!
Read more
Average cost (5kW system)
$21,450 ($4.29 per watt)
Steve O, over 1 month
We've have owned our system for almost 8 years and had a Enphase microinverter fail. Enphase sent me a replacement microinverter and the search began to find someone to do the work as the original installers are now in PA. After multiple contacts, I found New England Clean Energy who quickly responded and I have to say, they are terrific! Definitely recommend them if you are a Massachusetts solar system owner or one looking for a new installation. Great communications with a great service team!! The team that came to do the replacement we're extremely friendly, knowledgeable and highly professional. I will definitely call on these folks for any future needs! 5 Star service from start to finish!!
4.73 571 Reviews
Simmons, 6 days ago
Everybody was so professional they arrived on time, they included me in on every step of the way. We are so pleased with the workmanship.
Read more
Simmons, 6 days ago
Everybody was so professional they arrived on time, they included me in on every step of the way. We are so pleased with the workmanship.
4.71 55 Reviews
Troy, 4 weeks ago
Ben Carlson was our Sales guy. He delivered on his quote. System was installed 3 months earlier then scheduled at the cost quoted in the contract. All the people involved in the project were professional. They came out on schedule and complete each aspect of the job on schedule and left the area clean. System has been up and running 3 months, with the good weather in Feb, system generated more kW than we used. I can monitor the system on my cell phone. Overall very pleased with the system
Read more
Troy, 4 weeks ago
Ben Carlson was our Sales guy. He delivered on his quote. System was installed 3 months earlier then scheduled at the cost quoted in the contract. All the people involved in the project were professional. They came out on schedule and complete each aspect of the job on schedule and left the area clean. System has been up and running 3 months, with the good weather in Feb, system generated more kW than we used. I can monitor the system on my cell phone. Overall very pleased with the system
Where there is no specific pricing information available for a brand then we have used state pricing data for that brand.
Solar panel manufacturer | Avg. cost per watt |
---|---|
Canadian Solar | $2.83 |
LG Solar | $3.37 |
SunPower | $3.54 |
Panasonic | $3.42 |
LONGi Solar | $2.73 |
The most important difference between buying solar panels and any other purchase is that solar panels last 25-30 years. This is a long, long time and you will need customer service over all that time. The reviews below of the two largest corporate solar installation companies indicate larger corporate solar companies are not delivering this support to their customers.
We recommend you find a small or mid-size, local, family-owned solar company. These companies tend to care more about you and your specific job. You don't want to be on hold to a corporation's call center for the next 25 years!
The cost of solar doesn't just include the equipment and installation costs - it’s also made up of permitting costs, inspection costs, and installer profit margins.
These different components are what make the price of solar fluctuate between installations. Some of the factors that affect solar power system installation costs for specific homes include:
Homes that use more electricity will need more solar panels to cover their energy needs.
Although solar panels do get cheaper on a per-watt basis, the overall cost of the system will increase as more panels are added.
But, the higher a home’s energy usage, the more solar panels can save the homeowners on their energy bills.
The price of solar panels can vary depending on the type of solar panels you choose.
There are two main types of solar panels for residential solar installations: monocrystalline and polycrystalline. Monocrystalline solar panels tend to be more efficient and more expensive than other solar panels. Polycrystalline panels have a lower efficiency rating and come at a lower price point.
The type of inverter you buy will also influence the cost of your solar system.
You may see some solar quotes with prices that seem too good to be true.
If you get quoted for a ridiculously cheap price, the installer might be using low-quality equipment or an unsustainable pricing model. You want to use a solar installer that is charging enough so that they can stay in business - as you’ll be relying on them for the next 25 years!
It’s important to make sure that your installer is giving you the best quality at the best price possible. This is why getting multiple solar quotes is so important.
The overall cost of solar can be influenced by the solar incentives available.
Across the U.S., homeowners can apply for the federal solar tax credit. The solar tax credit makes installing solar more cost-effective by providing homeowners with a tax credit equal to 30% of the cost of their installed solar panel system.
Local solar tax incentives and rebates can end up saving homeowners thousands on a solar installation, especially when they’re used with the federal solar tax credit.
See what solar incentives are available in your area by using our solar panel calculator.
The cost of installing residential solar panels in Ashley Falls varies with the brand of solar panels and inverters you choose, the installation company you choose to install them, the relative ease or difficulty of installing solar panels on your home, and of course the amount of solar panels you need. The amount of solar panels you need is, in turn, related to your energy usage.
The table below shows the data extracted from a real life quote delivered through the SolarReviews marketplace recently for a fairly typical home in Ashley Falls.
As you can see the payback period is relatively short and equates to a much better return on investment than he historical returns that have been available from investing in things like shares or property.
System information | Value |
---|---|
System Size (for 100% usage offset) | 4.06 kW |
Annual power generation | 5,535 kWh |
Pay-back time (assuming Cash purchase) | 3.8 Years |
Internal rate of return (IRR) on investment | 23.6% |
Gross cost | $12,601 |
Total Upfront Incentives and Rebates | -$8,050 |
Net Cost of System after rebated and incentives | $4,552 |
Total Cost of Utility Power Avoided over 25 years | $42,340 |