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Solar Panel Cost in Worcester, Massachusetts
Local pricing, savings, and net metering data for Worcester homeowners.
$1,460
Annual Savings
7.3 yrs
Payback Period
$10,717
Net Cost
$39,153
25-Year Savings
Cost & Savings Breakdown
Based on $150/month electric bill in Worcester
System Size
4.8 kW
Annual Production
5,725 kWh
Gross System Cost
$16,738
Federal Tax Credit (30%)
-$5,022
State Incentive
-$1,000
Net Cost
$10,717
Monthly Savings
$122
CO₂ Offset/yr
5,267 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$0.255/kWh
Peak Sun Hours4.1 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 Worcester?
Solar in Worcester, Massachusetts costs approximately $16,738 for a 4.8 kW system. After the 30% federal tax credit, your net cost is about $10,717.
What is the solar payback period in Worcester?
The estimated payback period for solar in Worcester is 7.3 years, based on a $150/month electric bill and local sun hours of 4.1 hrs/day.
Does Eversource MA offer net metering?
Eversource MA offers Full Retail net metering. Full retail rate.