Is $42,000 to 9.84 kw solar panel installation (ppa with 2.99% escalator) a fair price?
Project Details
New homeowner in Worcester, MA currently paying ~$330/month for electricity with National Grid at a rate of $0.377/kWh. The home has an electric stove.
Quote Details
Installation of 24 solar panels via a Power Purchase Agreement (PPA). - System size: 9.84 kW - Projected annual production: 10,926 kWh - 2.99% annual escalation rate - Year 1 solar rate: $0.235/kWh - Year 1 monthly payment: $213.97 - Covers 107% of current utility usage
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More Details
Category
Solar
Price
$42,000
Quote Date
April 8, 2026
Location
Massachusetts
Home Size
1,550 sq ft
# of Panels
24
System Size (kW)
9.84
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