The Cape Cod region has some of the highest electricity prices in the US, as well as some great rebates and incentives for going solar. Not surprisingly, more and more Cape Cod area homeowners are making the switch to solar – we’ve compiled data on the actual cost of solar panels in Cape Cod to help homeowners to determine if it’s the right decision for them.
Since the actual price to go solar is never quoted online by solar installers, we felt it was important to start reporting the prices that homeowners actually paid to have solar installed. We think that this information is extraordinarily helpful to help homeowners in the Cape Cod area determine if solar is right for them. We also put together the average cost of going solar in areas across Massachusetts here.
How much the average homeowner paid to go solar in the Cape Cod area in the first six months of 2015, after all tax incentives and rebates are factored in.
The PRE-rebate and tax incentive price Cape Cod area homeowners would have paid to go solar in the first half of 2015.
Incentives and rebates saved by Cape Cod area homeowners was an extraordinary 36% on the cost to go solar in the first six months of 2015.
Our goal is to help homeowners decide if solar is right for them, and accurate price information on how much it costs to go solar is essential to make an educated decision.
The graph above shows the average cost of going solar for Cape Cod area homeowners, before and after incentives, per KW of solar installed.
The average size of home solar installations in the Cape Cod area has almost doubled since 2008, from 4.8 KW to 6.7 KW. This is a trend we’ve seen across Massachusetts, indicating that homeowners are comfortable with getting a larger percentage of their electricity from their solar panels instead of the electric company.
Cape Cod homeowners have been purchasing larger and larger home solar systems, with the average size of solar installations in the area clocking in at 6.7KW in the first half of 2015.
The amount paid per KW of solar installed by Cape Cod area homeowners in the first half of 2015 AFTER rebates and tax incentives are factored in.
The amount that would have been paid per KW of solar installed by Cape Cod area homeowners BEFORE rebates and tax incentives are factored in.