Solar ROI Calculator for Boston, MA

Stop guessing. See exactly how much the 30% Federal Credit saves you in 02101.

Calculate Savings for Boston (02101)

$150

Fetching NREL Solar Data for Boston...

25-Year Savings

$57,563

Break-Even

4.1 Years

Net Cost

$7,692

Get 3 Official Quotes for 02101 →

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Is Solar Worth it in Boston?

Despite being further north, Boston's high utility rates (33.9¢) make solar extremely profitable here. You aren't just buying panels; you are escaping expensive grid inflation.

Homeowners in Boston are currently paying an average of 33.9 cents per kWh. Solar is a "No-Brainer" investment in Massachusetts right now. With a payback of under 5 years, the returns drastically outperform the S&P 500 average.

With the Federal Solar Investment Tax Credit (ITC) currently set at 30%, a typical 6kW to 10kW residential system in the 02101 area can typically pay for itself in just 4.5 to 9 years. After this "break-even" point, your system generates effectively free electricity for the remainder of its 25-year lifespan.

Key Boston Statistics

  • Avg Rate: 33.9¢ / kWh
  • Sun Exposure: High (Northern US)
  • Est. Payback: 4.5 Years
  • Incentive: 30% Federal ITC

State Incentives for MA

Beyond the federal credit, residents of Boston should check for local net metering policies offered by their specific utility provider. These policies determine how much you get paid for sending excess energy back to the grid.

Frequently Asked Questions in Boston

Is solar worth it in Boston, MA?

Yes. With electricity rates in Boston currently averaging 33.9 cents/kWh, most homeowners see a break-even point between 6-9 years. This is significantly better than the national average.

Does the 30% Tax Credit apply to residents of MA?

Absolutely. Homeowners in Boston are eligible for the 30% Federal Investment Tax Credit (ITC). This is a dollar-for-dollar reduction in the income tax you owe.

How long do solar panels last?

Modern tier-1 solar panels are warrantied for 25 years but often last 30+ years. Our calculator accounts for a 0.5% annual degradation in efficiency.

What is Net Metering?

Net metering allows you to sell excess electricity back to the grid. Policies vary by utility company in your area, but it is a key factor in maximizing ROI.

Methodology: How We Calculated This

  • Irradiance: NREL PVWatts® V8 API data for coords 42.3601, -71.0589.
  • Escalation: Conservative 2.5% annual utility rate increase.
  • Degradation: 0.5% annual panel efficiency loss.

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