Solar Savings Calculator for New Bedford, MA

Homeowners in New Bedford pay an average of $195/month for electricity through Eversource Energy. With 4.2 peak sun hours per day, solar panels can significantly reduce your energy costs.

$195
Avg Monthly Bill
28.8¢/kWh
Electricity Rate
4.2h/day
Peak Sun Hours
$72,253
Est. 25-Year Savings

Calculate Your Savings in New Bedford

Adjust Your Details for New Bedford, 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
$2,340
Payback Period
3.9 years
25-Year Savings
$72,253
Return on Investment
782%

* Estimates based on 4.2 peak sun hours/day in New Bedford, 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 New Bedford

Utility & Permits

Utility Company
Eversource Energy
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 New Bedford, 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

BostonWorcesterSpringfieldCambridgeLowellBrockton

More Solar Tools for New Bedford

New Bedford Solar IncentivesAll available tax credits and rebatesNew Bedford Cost ComparisonSolar vs. grid costs over 25 yearsNew Bedford System SizingHow many panels your home needsNew Bedford Permits & RegulationsLocal permit requirementsIs Solar Worth It in New Bedford?Data-driven analysis for your cityNew Bedford Financing OptionsCompare loans, leases, and PPAs

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