Solar Panel Savings in Wenham, MA
Calculate how much you can save with solar panels in Wenham, Massachusetts. Based on 4 peak sun hours/day and 21.2¢/kWh average electricity rate.
4
Peak Sun Hours/Day
21.2¢
Avg Rate (¢/kWh)
9.4 yr
Payback Period
$51k
25-Year Savings
Wenham Solar Overview
Calculate Your Wenham Solar Savings
Wenham average: $191/mo
South-facing roofs produce the most energy
Add $8,000-$12,000 for whole-home battery backup
Annual Production
kWh/year
Annual Savings
per year
Net System Cost
after 30% ITC
Payback Period
break-even time
25-Year Total Savings
$50,690
Monthly Savings
$124
Federal Tax Credit
$5,814
Cumulative Savings vs System Cost
Cost Breakdown
| Item | Wenham | National Avg |
|---|---|---|
| Gross System Cost (6kW) | $19,380 | $17,100 |
| Federal Tax Credit (30%) | -$5,814 | -$5,130 |
| Net System Cost | $13,566 | $11,970 |
| Cost Per Watt | $3.23/W | $2.85/W |
Solar Potential in Wenham
Sun Hours vs National Average
Wenham gets 11% less sun than the national average, but high-efficiency panels compensate.
Climate Advantages
- 187 sunny days per year
- Average temperature: 51°F — cooler temps actually improve panel efficiency
- Average roof size: 1,898 sq ft — enough for a 105-panel system
Wenham Solar Incentives & Programs
Federal Investment Tax Credit (ITC)
30% of total system cost deducted from federal taxes. For a $19,380 system, that's a $5,814 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 Wenham. Earn credits for excess solar energy sent to the grid, reducing your electric bill further.
Environmental Impact in Wenham
2.9
Tons CO2 Offset/Year
48
Equivalent Trees Planted
0.7
Homes Worth of Energy
Based on 7,008 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 Wenham, Massachusetts
Wenham, Massachusetts receives an average of 4 peak sun hours per day, offering adequate solar resources for homeowners looking to reduce their electricity bills. With electricity rates averaging 21.2¢ 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 Wenham produces approximately 7,008 kWh per year, saving homeowners an estimated $1,484 annually. The system pays for itself in about 9.1 years, after which you enjoy essentially free electricity for the remaining 16+ years of the system's warranty life.
Wenham has a solar penetration rate of 1.2% — indicating early-stage solar adoption with tremendous growth potential as prices continue to fall. The cost of living index of 141.8 (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 Wenham, MA?
The average cost of a 6kW solar panel system in Wenham is approximately $19,380 before incentives ($3.23/watt). After the 30% federal Investment Tax Credit, the net cost is about $13,566. SMART program; income tax credit (15%, up to $1,000).
How many peak sun hours does Wenham get?
Wenham, MA receives an average of 4 peak sun hours per day and approximately 187 sunny days per year. This is near the national average, providing good conditions for residential solar panels.
What is the solar payback period in Wenham?
The average solar payback period in Wenham is approximately 9.4 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 $50,690.
Does Wenham have net metering?
Yes, Wenham 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 Wenham, MA?
Absolutely. With a 9.4-year payback period and $50,690 in 25-year savings, solar is an excellent investment in Wenham. The 30% federal tax credit and above-average electricity rates help make solar financially attractive.