Solar Panel Savings in Everett, MA

Calculate how much you can save with solar panels in Everett, Massachusetts. Based on 3.8 peak sun hours/day and 24.9¢/kWh average electricity rate.

3.8

Peak Sun Hours/Day

24.9¢

Avg Rate (¢/kWh)

7.3 yr

Payback Period

$56k

25-Year Savings

Everett Solar Overview

Population:49,075
Sunny Days/Year:192
Avg Temperature:53°F
Solar Penetration:1.8%
Utility Company:Eversource
Net Metering:Available

Calculate Your Everett Solar Savings

3 kW15 kW

Everett average: $224/mo

South-facing roofs produce the most energy

Add $8,000-$12,000 for whole-home battery backup

Annual Production

6,658

kWh/year

Annual Savings

$1,654

per year

Net System Cost

$11,718

after 30% ITC

Payback Period

7.1 yr

break-even time

25-Year Total Savings

$56,497

Monthly Savings

$138

Federal Tax Credit

$5,022

Cumulative Savings vs System Cost

$0k$15k$30k$44k$59kYr 0Yr 5Yr 10Yr 15Yr 20Yr 25System CostBreak-even
Cumulative Savings System Cost

Cost Breakdown

ItemEverettNational Avg
Gross System Cost (6kW)$16,740$17,100
Federal Tax Credit (30%)-$5,022-$5,130
Net System Cost$11,718$11,970
Cost Per Watt$2.79/W$2.85/W

Solar Potential in Everett

Sun Hours vs National Average

3.8 hrs
4.5 hrs

Everett gets 16% less sun than the national average, but high-efficiency panels compensate.

Climate Advantages

  • 192 sunny days per year
  • Average temperature: 53°F — cooler temps actually improve panel efficiency
  • Average roof size: 1,717 sq ft — enough for a 95-panel system

Everett Solar Incentives & Programs

Federal Investment Tax Credit (ITC)

30% of total system cost deducted from federal taxes. For a $16,740 system, that's a $5,022 credit. Valid through 2032.

Massachusetts State Incentives

SMART program; income tax credit (15%, up to $1,000).

Net Metering — Eversource

Eversource offers net metering in Everett. Earn credits for excess solar energy sent to the grid, reducing your electric bill further.

Environmental Impact in Everett

2.8

Tons CO2 Offset/Year

46

Equivalent Trees Planted

0.6

Homes Worth of Energy

Based on 6,658 kWh annual production with a 6kW system. EPA average: 0.417 metric tons CO2 per MWh, 10,632 kWh per US home.

Solar Energy in Everett, Massachusetts

Everett, Massachusetts receives an average of 3.8 peak sun hours per day, offering adequate solar resources for homeowners looking to reduce their electricity bills. With electricity rates averaging 24.9¢ per kWh from Eversource, well above the national average of 16.63¢/kWh, solar panels offer exceptional savings potential.

A typical 6kW solar system in Everett produces approximately 6,658 kWh per year, saving homeowners an estimated $1,654 annually. The system pays for itself in about 7.1 years, after which you enjoy essentially free electricity for the remaining 18+ years of the system's warranty life.

Everett has a solar penetration rate of 1.8% — indicating early-stage solar adoption with tremendous growth potential as prices continue to fall. The cost of living index of 128.1 (national average: 100) means higher electricity costs, which amplifies solar savings.

Other Cities in Massachusetts

Frequently Asked Questions

How much do solar panels cost in Everett, MA?

The average cost of a 6kW solar panel system in Everett is approximately $16,740 before incentives ($2.79/watt). After the 30% federal Investment Tax Credit, the net cost is about $11,718. SMART program; income tax credit (15%, up to $1,000).

How many peak sun hours does Everett get?

Everett, MA receives an average of 3.8 peak sun hours per day and approximately 192 sunny days per year. While below the national average, solar panels can still provide significant savings due to advancing panel technology.

What is the solar payback period in Everett?

The average solar payback period in Everett is approximately 7.3 years. After payback, your solar panels generate essentially free electricity for the remaining 15-20 years of their warranty. Over 25 years, total savings can reach $56,497.

Does Everett have net metering?

Yes, Everett has access to net metering through Eversource. This allows you to earn credits for excess solar energy sent to the grid, significantly improving your solar investment returns.

Is solar worth it in Everett, MA?

Absolutely. With a 7.3-year payback period and $56,497 in 25-year savings, solar is an excellent investment in Everett. The 30% federal tax credit and above-average electricity rates help make solar financially attractive.

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