Solar Panel Savings in Massachusetts
Massachusetts gets 4 peak sun hours per day with electricity at 28¢/kWh. See how much you can save with solar panels.
Solar Panel Cost & Savings by System Size in Massachusetts
| System Size | Gross Cost | After Credits | Payback | 25-Year Savings | Annual kWh |
|---|---|---|---|---|---|
| 6 kW | $18,600 | $10,230 | 6.8 yrs | $37,553 | 8,760 |
| 8 kW | $24,800 | $13,640 | 7.9 yrs | $43,236 | 11,680 |
| 10 kW | $31,000 | $17,050 | 9.6 yrs | $39,826 | 14,600 |
| 12 kW | $37,200 | $20,460 | 11.2 yrs | $36,416 | 17,520 |
Includes 30% federal ITC + 15% Massachusetts state credit. Assumes 3% annual electricity rate increase and 0.5% panel degradation.
Massachusetts Solar Incentives
Massachusetts Energy Profile
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Is Solar Worth It in Massachusetts?
Massachusetts averages 4 peak sun hours per day, which means an 8 kW solar system would produce approximately 11,680 kWh per year. At the state's average electricity rate of 28¢/kWh, that translates to significant annual savings on your electric bill.
With the federal 30% Investment Tax Credit and Massachusetts's 15% state incentive, an 8 kW system costing $24,800 drops to just $13,640 after credits — with a payback period of approximately 7.9 years.
Over 25 years, homeowners in Massachusetts can expect to save $43,236 with an 8 kW system, factoring in panel degradation and rising electricity costs. The combination of solid sun exposure and strong incentives makes solar a very strong investment in Massachusetts.