Solar Panels Cost $2.6k-$13k in Hampden County, MA | November, 2024
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How much do solar panels cost in Hampden County, MA in 2024?
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Going solar averages out to $3.76/W in the month of November, 2024 in Hampden County, MA.
It will cost you $3,760, on average, per 1K (or 1000 watts) of capacounty that your solar panels have. After the 30% federal tax credit, the average expense for a 5 kW panel install in Hampden County is approximately $13,160. Please keep in mind that a more powerful system might be essential to fully meet your energy needs.
On the left side, select your county to discover the typical roof size and the maximum capacity of solar panel systems for homes in your area. Displayed below is an analysis of the costs, payback period, and 20-year average savings for a 5 kW system installed in your county.
Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Hampden County: $13,160US Average: $12,523
Average Payback Period The number of years until you break even on the solar investment.
Hampden County: 6 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Hampden County: $28,730US Average: $16,169
Solar Potential in Hampden County
Estimated system size and solar electricity production per median viable roof in Hampden County.
Roof size 501sq. ft.
Capacity 7kW DC
Electricity 7.7kkWh AC per yr.
Electricity Costs in Hampden County, MA & What that Means for Your Solar Panel Pricing
Hampden County households typically consume 502 kWh each month and have an average monthly electric bill around 198.04. Smaller houses, including condos and duplexes, are also encompassed in the statistics mentioned in the previous sentence.
In November 2024, the mean electricity rate in Hampden County, MA amounts to 39.46¢ per kWh.
Presently, a 5 kW solar system will be priced at around $18,800at first, but thanks to the 30% federal tax credit, you get a 30% reimbursement, reducing the total to $13,160.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Hampden County
Displayed on the left side, you'll see a detailed cost summary of the multiple sizes of solar panel systems installed in Hampden County. The investment for a more extensive solar panel setup is larger, but it also yields more significant electricity savings and more substantial income tax credits.
Using the solar panel cost calculator positioned down and to the right, you can view a detailed cost and benefit analysis based on an average electric bill of $198.04 in Hampden County. Change the $198.04 with your average electricity bill to get customized results.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 1kW
Roof Size Min. space required
72 ft²
Electricity Value Annual Production $526 a year
Est. Price
$2,632
Savings from a 1kWthis system
Est. yearly production 1,349 kWh
Est. monthly savings $44
Full payback in 1 years
Environmental Impacts
Reduces CO2 emissions by 0.59 tons a year
Equivalent to planting 27 trees a year
Equivalent to driving 1,458 mi less a year
System Size 2kW
Roof Size Min. space required
143 ft²
Electricity Value Annual Production $1,052 a year
Est. Price
$5,264
Savings from a 2kWthis system
Est. yearly production 2,698 kWh
Est. monthly savings $88
Full payback in 2 years
Environmental Impacts
Reduces CO2 emissions by 1.18 tons a year
Equivalent to planting 54 trees a year
Equivalent to driving 2,917 mi less a year
System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $1,578 a year
Est. Price
$7,896
Savings from a 3kWthis system
Est. yearly production 4,047 kWh
Est. monthly savings $132
Full payback in 3 years
Environmental Impacts
Reduces CO2 emissions by 1.77 tons a year
Equivalent to planting 81 trees a year
Equivalent to driving 4,375 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $2,104 a year
Est. Price
$10,528
Savings from a 4kWthis system
Est. yearly production 5,396 kWh
Est. monthly savings $175
Full payback in 4 years
Environmental Impacts
Reduces CO2 emissions by 2.36 tons a year
Equivalent to planting 108 trees a year
Equivalent to driving 5,833 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $2,631 a year
Est. Price
$13,160
Savings from a 5kWthis system
Est. yearly production 6,745 kWh
Est. monthly savings $198
Full payback in 6 years
Environmental Impacts
Reduces CO2 emissions by 2.66 tons a year
Equivalent to planting 122 trees a year
Equivalent to driving 6,586 mi less a year
Hampden County Solar Panel Installation Incentives & Rebates | 2024
Rural entrepreneurs and farmers might find that the REAP Grant pays for 80% to 100% of their costs when installing photovoltaic or wind energy systems. Believe you might qualify? Use our REAP Grant eligibility tool to confirm your eligibility.
Installing residential solar panels comes with a 30% federal tax credit, accessible to most homeowners, making it a good option for many areas across the country. Additionally, there are numerous state and local incentives to further promote the adoption of solar energy.
Different utilities and governmental bodies in Massachusetts offer 29 solar rebate and incentive programs.
Solar incentives in MAIncentive Description Value
Concord Municipal Light Plant - Solar Photovoltaic Rebate Program
Value:Up to $3,125
Residential and business Concord Municipal Light Plant customers who install a new solar PV system on their property may be eligible for a rebate. The incentive amount will depend on system capacity. Both owned and leased systems qualify. To receive a rebate, the customer should include an installation agreement from a participating solar contractor and applications for grid interconnection. A CMLP representative will then visit the property to test and inspect the system. Additional information is available from the CMLP website.
Reading Municipal Light Department - Business Energy Efficiency Rebate Program
Value:Up to $25,000
Industrial and business customers of the Reading Municipal Light Department may be eligible for a variety of rebates on new energy-efficient equipment and improvement projects. Available programs and incentives will vary from time to time. Current offers include rebates on heat pumps, lawn/vegetation, lighting, and renewable energy generation (including special offers for solar PV. Improvement projects can be considered for rebates on a case-by-case basis; the owner will receive an incentive proportional to the size and savings impact of the project. Additional information is available from the RMLD website.
Commercial Solar Hot Water Rebate Program
Value:Up to $101,500
The Massachusetts Clean Energy Center is a state agency offering financial assistance to enable solar PV and thermal system ownership. Residential and commercial property owners may apply for a variety of loan or grant options. The Center also conducts and pays for feasibility studies on public, nonprofit, or agricultural properties. Feasibility study grants may be up to $5,000 for a single project with 5% cost-sharing. Applicants are limited to $50,000 in total grants paid. Grants may increase in value if they pertain to solar photovoltaics. The applicant's chosen solar contractor will complete CEC paperwork on their behalf. Additional information is available from the CEC website.
Chicopee Electric Light - Residential Solar Rebate Program
Value:Up to $12,000
Residential customers of Chicopee Electric Light who install new solar PV systems may be eligible for a rebate from the utility. The incentive amount depends on the system's rated capacity; the current rate is $1.20 per watt. At maximum, the rebate will cover $12,000 or half of the system's total purchase price and installation costs (whichever comes first). The system should be installed by a participating solar contractor and be interconnected to the grid. Additional information is available from the CEL website.
Residential & Small-Scale Solar Hot Water Program
Value:Up to $5,000
The Massachusetts Clean Energy Center is a state agency offering special rebates to enable solar thermal system ownership. Funding for the rebates comes from a surcharge on consumer energy bills. The incentive amount is determined by a standard equation that considers both the number of panels and the angle at which they are oriented. Solar Rating and Certification Corporation (SRCC) benchmarks for the system on a slightly overcast day of operation are also considered. Further rebates may apply if the customer participates in experience improvement or performance programs, or if they are within certain income brackets. Additional information is available from the CEC website.
Taunton Municipal Lighting Plant - Residential PV Rebate Program
Value:Up to $4,500
Single-family home customers of the Taunton Municipal Lighting Plant may be entitled to a rebate if they install a new solar PV system. Rebate amounts will vary depending on system capacity; customers will receive 60 cents per watt up to $4,500. TMLP effectively matches state rebates 1:1, meaning customers could earn a maximum overall incentive of $9,000. To apply, customers should provide proof of residency and purchase to TMLP and pay a $250 processing fee. Applications will be accepted on a first-come, first-served basis as annual state funding allows. Additional information is available from the TMLP website.
Hudson Light & Power - Photovoltaic Incentive Program
Value:Up to $5,000
Hudson residents who install new solar PV systems may be eligible for rebates from Hudson Light and Power. Eligible systems are divided into two "ranges" based on the orientation of the solar panels. A more ideal orientation will yield a higher incentive rate per watt. Currently, rebates top out at $6,000 for residential systems and $12,000 for commercial/industrial systems. To apply, the customer must seek preapproval from HL&P, including submitting cost estimates from their chosen solar contractor. Once preapproved, the customer has a one-year window to install the system and pass a final city inspection. Additional information is available from the Hudson website.
Excise Tax Exemption for Solar or Wind Powered Systems
Value:Varies
In Massachusetts, corporate excise tax exemptions may be available for wind or solar-powered water heating and HVAC systems. These systems would otherwise be assessed as tangible property. Once a taxpayer claims the exemption, they will not have to renew it for the length of their system's reasonable life, even as the system depreciates in value. Additional information is available from the Massachusetts Department of Revenue website.
Energy Reduction Plan for State Buildings
Value:Varies
A 2007 executive order established green construction and energy efficiency standards for new and existing Massachusetts government buildings. The underlying goal of the order was to cut state buildings' energy use by 35% by 2020 and reduce the government's carbon emissions by 80% by 2050. New state buildings at least 20,000 square feet in size should meet LEED energy efficiency standards and seek certification from both the US Green Building Commission and the Massachusetts Sustainable Design Roundtable. Smaller projects are only required to meet state standards and do not have to be formally LEED certified. Existing buildings should adopt a variety of energy efficient practices and procure ENERGY STAR certified appliances and lighting. Additional information is available from the MA SDR website.
PACE Massachusetts Financing
Value:Varies
The Solar Massachusetts Renewable Target (SMART) program will act as the successor to the state's solar renewable energy credit initiatives. Currently, per carve-out provisions of the renewable portfolio standard, utilities must accumulate a certain proportion of SRECs each year. Should a utility fail to meet the minimum carve-out quota, it may purchase credits at auction. Should it fail to meet the quota after the auction, it will be assessed an alternate compliance payment of $350 per watt deficient. Solar customers generate SRECs through the use of their system. While they maintain ownership of their SRECs, utilities must offer to purchase the credits through net metering or other tariff compensation contracts. Credit prices are subject to market forces, but the SREC auctions offered to utilities can provide stability. Additional information is available from the SMART website.
Interconnection Standards
Value:Varies
Massachusetts has adopted measures to standardize interconnection and distributed generation practices in the state. New renewable energy systems planned to link to the grid are sorted into one of three capacity tiers: Standard, Simplified, and Expedited. The names of these tiers allude to permitting procedures and review times. Customers wishing to interconnect an energy system rated for over 500 W must obtain preapproval from their city or county, a process separate from standard permitting procedures. Utilities may require energy systems to meet IEEE/UL certifications and have external disconnect switches ready to use if necessary. Customers are required to carry a minimum amount of liability insurance for their system. Interested customers should consult with their local government to determine specific standards.
Solar Renewable Energy Certificates (SREC-II)
Value:Varies
The Solar Massachusetts Renewable Target (SMART) program will act as the successor to the state's solar renewable energy credit initiatives. Currently, per carve-out provisions of the renewable portfolio standard, utilities must accumulate a certain proportion of SRECs each year. Should a utility fail to meet the minimum carve-out quota, it may purchase credits at auction. Should it fail to meet the quota after the auction, it will be assessed an alternate compliance payment of $350 per watt deficient. Solar customers generate SRECs through the use of their system. While they maintain ownership of their SRECs, utilities must offer to purchase the credits through net metering or other tariff compensation contracts. Credit prices are subject to market forces, but the SREC auctions offered to utilities can provide stability. Additional information is available from the SMART website.
Net Metering
Value:Varies
In Massachusetts, private utilities must offer net metering contracts to their renewable energy and distributed generation customers. Public or municipal utilities may offer net metering if they so choose. Under a net metering contract, interconnected renewable energy systems up to 10 MW in capacity will have a bidirectional meter installed to measure net excess generation (NEG) sent back to the grid. The utility will compensate the customer for both NEG and related renewable energy credits at a fixed avoided-cost rate. "Virtual" net metering arrangements are available for microgrid customers. NEG credits from the system's total generation will be proportionally allocated to each customer. Additional information is available from the customer's utility.
MuniHELPS - Offered by 17 Utilities through the MMWEC
Value:Varies
HELPS (Home Energy Loss Prevention Services) is a program managed by the Massachusetts Municipal Wholesale Electric Company. The program acts as an incentive program authority and "loss cushion" for eighteen municipal utilities that offer rebates on energy efficient equipment. By preventing financial losses from rebate disbursements, the utilities can safely and easily continue their own incentive offerings. HELPS representatives may also participate in energy audits to determine eligible projects for incentives. Additional information is available from the MuniHELPS website.
Cape Light Compact- Residential Energy Efficiency Rebate Program
Value:Varies
The Solar Massachusetts Renewable Target (SMART) program will act as the successor to the state's solar renewable energy credit initiatives. Currently, per carve-out provisions of the renewable portfolio standard, utilities must accumulate a certain proportion of SRECs each year. Should a utility fail to meet the minimum carve-out quota, it may purchase credits at auction. Should it fail to meet the quota after the auction, it will be assessed an alternate compliance payment of $350 per watt deficient. Solar customers generate SRECs through the use of their system. While they maintain ownership of their SRECs, utilities must offer to purchase the credits through net metering or other tariff compensation contracts. Credit prices are subject to market forces, but the SREC auctions offered to utilities can provide stability. Additional information is available from the SMART website.
Solar Massachusetts Renewable Target (SMART) Program
Value:Varies
The Solar Massachusetts Renewable Target (SMART) program will act as the successor to the state's solar renewable energy credit initiatives. Currently, per carve-out provisions of the renewable portfolio standard, utilities must accumulate a certain proportion of SRECs each year. Should a utility fail to meet the minimum carve-out quota, it may purchase credits at auction. Should it fail to meet the quota after the auction, it will be assessed an alternate compliance payment of $350 per watt deficient. Solar customers generate SRECs through the use of their system. While they maintain ownership of their SRECs, utilities must offer to purchase the credits through net metering or other tariff compensation contracts. Credit prices are subject to market forces, but the SREC auctions offered to utilities can provide stability. Additional information is available from the SMART website.
Holyoke Gas & Electric - Residential Energy Conservation Loan Program
Value:Varies
Residential Holyoke Gas & Electric customers may be eligible for special financing on new energy efficient equipment. What equipment is eligible may vary from time to time. Currently, loans can fund central HVAC, boilers, insulation/weatherization, windows, smart thermostats, and new solar or geothermal energy and thermal systems. The maximum available principal is $5,000 by default, but it raises to $10,000 if the project is solar in nature. Loans can be repaid over up to five years at 0% APR. HG&E services the loans themselves and payments will be made as a part of the customer's bill. Credit checks and energy audits may be required as part of the application process. Additional information is available from the HG&E website.
Renewable Energy Equipment Sales Tax Exemption
Value:Varies
In Massachusetts, new residential solar, wind, or geothermal energy devices which are directly involved in the production of power or heat are typically exempt from state sales tax. If a taxpayer owns multiple properties, only equipment at their primary place of residence will qualify for the exemption. Bay Staters wishing to file an exemption claim should submit form ST-12 (available from the MA Department of Revenue website) to their salesperson. The exemption can then be immediately applied to the purchase price.
Excise Tax Deduction for Solar or Wind Powered Systems
Value:Varies
In Massachusetts, corporate excise tax deductions may be available for wind or solar-powered water heating and HVAC systems. Deductions can cover the purchase price, installation costs, or operating costs incurred by purchasing and using the system. The only condition for a deduction to be granted is that the system must be used exclusively for business purposes. Once the credit is applied, the system will not qualify for any other tax incentives. Additional information is available from the Massachusetts Department of Revenue website.
Model As-of Right Zoning Ordinance or Bylaw: Allowing Use of Large-Scale Solar Energy Facilities
Value:Varies
Massachusetts communities are encouraged to enact "as of right" ordinances for owners of solar PV systems. Essentially, these ordinances would secure residents' and businesses' ability to install ground-mounted solar panels rated for larger capacities. A model ordinance is available from the state website which details suggested permit processes, fee schedules, setback requirements, interconnection guidelines, design requirements, and processes for special circumstances (for example, decommissioning of the panels.) The ordinance should also list conditions in which variances or exemptions might be warranted. Additional information is available from the Massachusetts Office of Environmental Affairs website.
Reading Municipal Light Department - Residential Renewable Energy Rebates
Value:Varies
Residential customers of the Reading Municipal Light Department may be eligible for rebates and local incentives on new solar photovoltaic systems. Incentive amount depends on the capacity of the system; the current rate is $1 per watt up to $2,000. RMLD effectively matches and exceeds state rebates of 60 cents/watt, allowing for a maximum rebate of $6,500. The program is funded annually with applications approved on a rolling, first-come/first-served basis. RMLD must pre-approve any rebate project, so interested homeowners should prepare and submit the application paperwork prior to purchasing their system. Additional information is available from the RMLD website.
Mass Solar Loan Program
Value:Varies
The Solar Massachusetts Renewable Target (SMART) program will act as the successor to the state's solar renewable energy credit initiatives. Currently, per carve-out provisions of the renewable portfolio standard, utilities must accumulate a certain proportion of SRECs each year. Should a utility fail to meet the minimum carve-out quota, it may purchase credits at auction. Should it fail to meet the quota after the auction, it will be assessed an alternate compliance payment of $350 per watt deficient. Solar customers generate SRECs through the use of their system. While they maintain ownership of their SRECs, utilities must offer to purchase the credits through net metering or other tariff compensation contracts. Credit prices are subject to market forces, but the SREC auctions offered to utilities can provide stability. Additional information is available from the SMART website.
Holyoke Gas & Electric - Commercial Energy Conservation Loan Program
Value:Varies
Business customers of Holyoke Gas & Electric may be eligible for special financing on new energy efficient equipment and improvement projects. Maximum principal varies depending on the project type. Eligible projects include HVAC/boilers/furnaces, insulation/weatherization, lighting, and solar PV systems/water heaters. Loans can be repaid over up to five years at 0% APR. HG&E services the loans themselves and payments will be made as a part of the customer's bill. Completed cost estimates from the customer's chosen contractor are required as part of the application process. Additional information is available from the HG&E website.
Massachusetts Green Power Purchasing Commitment
Value:Varies
Massachusetts has both a mandatory Renewable Portfolio Standard and a mandatory Clean Energy Standard. Public, municipal, and private utilities in the commonwealth are obliged to obtain a certain percentage of their energy from renewable sources. Quotas increase each year until 2029. The RPS covers new investments in solar, wind, geothermal, or other renewable energy farms. The CES covers existing energy facilities; "existing" is defined as those operating before the RPS was established. Certain "carve-out" provisions require utilities to utilize solar energy for at least a portion of their RPS compliance. Official documentation on each standard is available from the Massachusetts government website.
Renewable Energy Trust Fund
Value:Varies
At the same time Massachusetts established its Renewable Portfolio Standard, it also opened a public benefits fund to support public and private clean energy adoption. The Renewable Energy Trust Fund directly supports grants, financing, and customer rebates for solar, wind, biomass, hydroelectric, landfill/waste reclamation, and geothermal energy systems. The fund is supported by per-kilowatt hour surcharges on all customers of a private utility. Cooperatives or public utilities may collect surcharges voluntarily. The Massachusetts Clean Energy Center, which oversees the fund, submits annual reports on spending and compliance. These reports are available from the state website.
Renewable Energy Property Tax Exemption
Value:Varies
Solar, wind, and certain hydroelectric power and thermal systems in Massachusetts may be entitled to property tax exemptions. Exemptions last for 20 years and only apply to the value the system adds to the property. Systems that have additional purposes beyond the generation of energy (for example, maintaining structural integrity) do not qualify for an exemption; however, structural components of the system such as ducts or fans do qualify. Should the system be located in an Economic Opportunity Zone or Economic Target Area, tax incentives may be issued as a refund rather than an exemption. Property owners wishing to claim an exemption should contact their local assessor, as tax codes vary from county to county.
Mass Save - HEAT Loan Program
Value:Varies
The Mass Save HEAT program provides special financing to residential property owners to fund energy efficiency improvement projects. Currently, customers with National Grid, Eversource, the Cape Light Compact, Unitil, Columbia Gas, and Liberty Utilities qualify. Eligible projects for a Mass Save loan include central HVAC, heat pumps, windows, boilers, insulation/weatherization, and solar water heaters. The maximum available principal depends on the customer's utility, but will typically amount to $25,000. The loans can be repaid over up to seven years at 0% interest. Different terms and conditions may apply to low-income applicants. To apply, the customer should schedule an energy audit with their utility. Additional information is available from the Mass Save website.
Renewable Portfolio Standard
Value:Varies
Massachusetts first set a renewable portfolio standard in 2002 after establishing the framework in 1997. RPS regulations and compliance are handled by the Department of Energy Resources (DOER). Currently, at least 16% of retail energy generated in Massachusetts should be sourced from renewable means. Solar, wind, hydroelectric, biomass, landfill gas reclamation, and fuel cells qualify. "Carve out" regulations require the state's utilities to fulfill at least 1,600 MW of the standard using solar photovoltaics specifically. Compliance is measured through a renewable energy credit (REC) system pegging a certain wattage to a fixed dollar value. Solar renewable energy credits (SRECs) measure compliance with the solar carve-out regulations. Customers technically own the RECs and/or SRECs they generate, but utilities are required to purchase them through net metering contracts to fulfill their portion of the standard. Additional information is available through the DOER website.
Green Communities Grant Program
Value:Varies
NOTE: This program is no longer accepting applications as of winter 2017. Massachusetts legislators enacted the Green Communities Act of 2008 to support municipalities transitioning to clean energy or making energy efficiency improvements. The Green Communities program offered the full breadth of advisory services to community managers, including technical support for existing energy systems. Communities could also receive grants and other financial incentives to support new equipment and improvements. Interested jurisdictions were required to pursue Green Community certification, which involved creating energy savings goals, streamlining permit procedures, and establishing green building standards.
Are solar panels worth it in Hampden County, MA?
For those in Hampden County intending to stay in their homes past the payback period of their solar system, solar panels make excellent sense. A 5 kW solar system in Hampden County, MA might save you an average of $34,369.6 over 20 years, with the break even point generally being 6 years.
The cost of not having solar panels in Hampden County, MA
Beyond missing out on the savings noted above, the absence of solar panels or an alternative backup energy solution leads to total dependency on your electric utility for power. As evidenced by recent news stories, full reliance on your utility company is not always ideal.
Each year, customers in Hampden County face about 0.92 outages. The average length of an outage is 78.02 minutes. However, during significant events such as lightning strikes, aging infrastructure, or wildlife damage, this duration can grow considerably.
View the graphic below to see the number of current electricity customers without power in Hampden County.
Installing a solar panel system, irrespective of whether it features a backup battery, could reduce the pressure of future outages you might encounter.
Power Outages
Currently, 0 customers are being tracked in Hampden County.
What impacts the cost of solar panels in Hampden County, MA?
Your Energy Needs - Though the initial cost of larger solar panel systems is larger, the price per watt diminishes as the system gets larger. It is often beneficial for consumers to set up a solar system that can produce enough electricity to offset their electric bill, which results in substantial savings.
Make & Model - Solar panels and mounting equipment, just like many other products, come in different makes and models. The installer’s preference for brand makes it essential to pick a reputable company. Better quality materials often result in a more positive long-term experience for buyers.
Solar Panel Type - There's a good reason why monocrystalline panels are now the industry standard. They have a higher price but are more efficient. Most solar panel installers use panels made of this type of material.
Your Property - Each property and home has its own characteristics. Factors like trees, uneven land, or other impediments can make the installation more challenging. With the use of satellite images, solar installers these days can evaluate your home and include these considerations into the first cost estimate.
Labor Rates - Various wages are offered to employees by various companies, and these costs are transferred to the consumers. Businesses paying more to their employees often garner higher reviews for their services and customer service.
Permitting & Interconnection - Your final installation price will be affected by the permitting and utility interconnection fees, which vary by area. Experienced local installers will include these figures in your initial estimates to guarantee transparency.
See what solar panels cost in other Hampden County cities
Solar systems for selling electricity back to the grid.
Hampden County, MA Solar Panel Cost FAQs
In November, 2024, the average cost of solar panels per watt in Hampden County, MA is $3.76/W. A 5 kW solar panel system will cost you around $13,160 in Hampden County, MA after the federal tax credit is applied.
There are 29 rebates and incentives available in Massachusetts from a range of utility providers and government organizations. Additionally, almost everyone is entitled to the 30% federal income tax credit.
Cash payments yield the greatest savings, but many financing options for solar panels that are cost-effective are now available. Many installers have financing partners and will provide this information in your initial quotes.
Yes, on average, 5 kW solar panels in Hampden County, MA pay for themselves in 6 years, with homeowners saving approximately $34,369.6 on electricity over 20 years.