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Solar Panel Cost in Fall River, Massachusetts
Local pricing, savings, and net metering data for Fall River homeowners.
$1,460
Annual Savings
6.9 yrs
Payback Period
$10,090
Net Cost
$39,780
25-Year Savings
Cost & Savings Breakdown
Based on $150/month electric bill in Fall River
System Size
4.5 kW
Annual Production
5,551 kWh
Gross System Cost
$15,843
Federal Tax Credit (30%)
-$4,753
State Incentive
-$1,000
Net Cost
$10,090
Monthly Savings
$122
CO₂ Offset/yr
5,107 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityEversource MA
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity LimitNo overall limit
Electricity Rate$0.263/kWh
Peak Sun Hours4.2 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$1,000
Massachusetts State Incentive — Massachusetts offers a 15% state tax credit up to $1,000 plus SMART program.
Common Questions
How much does solar cost in Fall River?
Solar in Fall River, Massachusetts costs approximately $15,843 for a 4.5 kW system. After the 30% federal tax credit, your net cost is about $10,090.
What is the solar payback period in Fall River?
The estimated payback period for solar in Fall River is 6.9 years, based on a $150/month electric bill and local sun hours of 4.2 hrs/day.
Does Eversource MA offer net metering?
Eversource MA offers Full Retail net metering. Full retail rate.