Solar Savings Calculator for Boston, MA

Homeowners in Boston pay an average of $205/month for electricity through Eversource Energy. With 4.1 peak sun hours per day, solar panels can significantly reduce your energy costs.

$205
Avg Monthly Bill
29¢/kWh
Electricity Rate
4.1h/day
Peak Sun Hours
$75,772
Est. 25-Year Savings

Calculate Your Savings in Boston

Adjust Your Details for Boston, MA

$
$50$1,000
50010,000
50¢

Your Estimated Solar Savings

System Size
6 kW
Panel Count
15 panels
Total System Cost
$18,000
Federal Tax Credit (30%)
-$5,400
State Tax Credit (15%)
-$2,700
Net Cost
$9,900
Annual Savings
$2,460
Payback Period
4 years
25-Year Savings
$75,772
Return on Investment
765%

* Estimates based on 4.1 peak sun hours/day in Boston, MA, system cost of $3/watt, 30% federal ITC, 15% state tax credit, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.

Local Solar Details for Boston

Utility & Permits

Utility Company
Eversource Energy
Permit Cost
$500
Permit Timeline
4-8 weeks
Net Metering
full

System Estimates

Recommended Size
6 kW
Panel Count
15 panels
Gross Cost
$18,000
Net Cost (after credits)
$9,900

Available Incentives for Boston, MA

Federal Solar Investment Tax Credit (ITC)

Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.

30% of system cost

Massachusetts SMART Program

Performance-based incentive payments for solar energy production over a 10-year period.

$0.03-0.12/kWh for 10 years

Massachusetts Solar Tax Credit

State income tax credit for residential solar installations.

15% of cost, up to $1,000

Other Cities in Massachusetts

More Solar Tools for Boston

Ready to Go Solar in Boston, MA?

Ready to Go Solar in Boston?

Get a free personalized quote for your Boston home. We handle permits, installation, and utility interconnection.

Get Your Free Quote