Solar Savings Calculator for Lowell, MA

Homeowners in Lowell pay an average of $192/month for electricity through National Grid. With 4 peak sun hours per day, solar panels can significantly reduce your energy costs.

$192
Avg Monthly Bill
28.5¢/kWh
Electricity Rate
4h/day
Peak Sun Hours
$70,999
Est. 25-Year Savings

Calculate Your Savings in Lowell

Adjust Your Details for Lowell, MA

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Your Estimated Solar Savings

System Size
5.6 kW
Panel Count
14 panels
Total System Cost
$16,800
Federal Tax Credit (30%)
-$5,040
State Tax Credit (15%)
-$2,520
Net Cost
$9,240
Annual Savings
$2,304
Payback Period
4 years
25-Year Savings
$70,999
Return on Investment
768%

* Estimates based on 4 peak sun hours/day in Lowell, 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 Lowell

Utility & Permits

Utility Company
National Grid
Permit Cost
$425
Permit Timeline
3-5 weeks
Net Metering
full

System Estimates

Recommended Size
5.6 kW
Panel Count
14 panels
Gross Cost
$16,800
Net Cost (after credits)
$9,240

Available Incentives for Lowell, 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

BostonWorcesterSpringfieldCambridgeNew BedfordBrockton

More Solar Tools for Lowell

Lowell Solar IncentivesAll available tax credits and rebatesLowell Cost ComparisonSolar vs. grid costs over 25 yearsLowell System SizingHow many panels your home needsLowell Permits & RegulationsLocal permit requirementsIs Solar Worth It in Lowell?Data-driven analysis for your cityLowell Financing OptionsCompare loans, leases, and PPAs

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