Is $20,237 to install a solar energy system a fair price?
Project Details
I am looking for feedback on this solar quote and considering signing this week. I live in the suburbs outside of Boston. I've checked my house's orientation and confirmed the front faces east and the left side faces south.
Quote Details
This quote is for the installation of a solar energy system, with a total project value of $30,338.79 before incentives. The pricing is valid for 14 days. The system is designed to provide significant long-term savings and includes various financial incentives. - Project Value: $30,338.79 - Solar Component: $30,338.79 - Energy Storage: $0.00 - Service Upgrade: $0.00 - Federal Tax Credit: -$9,101.64 - State Tax Credit: -$1,000.00 - Rebate: -$0.00 - Year 1 Production: 9,515 kWh - Electricity Usage: 7,086 kWh/Yr - Utility Provider: Eversource East - Incentive Rate: $34.00 / MWh - Rate Escalator: 3% / Yr - Solar Degradation: 0.33% / Yr - Utility Rate: $0.31600 / kWh - Estimated Total Solar Income (25 years): $4,327 - Estimated Total Electric Savings (25 years): $104,859 - Estimated Total Cumulative Savings (25 years): $109,186
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More Details
Category
Solar
Price
$20,237
Quote Date
June 18, 2025
Location
Massachusetts
Battery Storage?
No
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