$120
389 kWh
319 lbs
Average solar panel installation
$12,076
Tax Credit
$1,000Total
$11,076
Average monthly bill without solar
$120Average monthly bill with solar
$0Solar will pay for itself in
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The estimated cost to install solar at your house is $12,076. We calculated this because we think your electricity usage for the year is about 4670 kWh, and a 3.42 kW size solar system on your roof would replace 100% of your usage. We are using an estimated cost of $3.75/W, which we get from Tracking The Sun.
The current electricity costs for National Grid are 31¢/kWh. So, by replacing 100% of your usage, you’ll save $1,442 throughout the year. If the costs of electricity stay the same, then your savings will pay for your solar system in 8.37 years. If the costs of National Grid electricity rise 3%, then your savings will pay for your solar system in 8.13 years.
Solar installed at your house would generate different amounts of electricity during different months. We estimate that your production would vary from a high of 470 kWh in March, to a low of 280 kWh in December. For the entire year, we estimate that your 3.42 kW sized system would produce 4670 kWh.
You may be eligible for a state tax credit of $1,000, from the state of Massachusetts.
From Department of Energy Data, it looks like 121 homes have installed solar panels in your zip code, 02148. In your city, Malden, 120 homes have installed solar panels. And in the state of Massachusetts, 15,368 homes have installed solar panels.
There are 18 solar installers that operate in Massachusetts. WattBuy recommends RGR Marketing, Palmetto, Modernize, EnergyPal NX, and EnergySage.
Using this data-driven approach, we have created a machine learning model that can estimate electricity usage and carbon footprint for every home in the US. We then use this information to recommend the best options for you, so you can feel good that WattBuy is recommending something truly personalized.
Our electricity estimations are trusted by our partners at The Department of Energy's National Renewable Energy Laboratory, as well as many of the biggest consumer brands in the world.