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Written By David Cusick
Last Updated April 2024
Solar is one of the most easily accessible forms of renewable energy for Peabody residents. Adopting solar energy can reduce your monthly energy expenses and shrink your carbon output. Before you get started, you want to make sure you find a reputable installer. Luckily, we’ve conducted comprehensive research local solar installers and created a guide to the best solar companies in Peabody. These proven and dependable providers are smart choices homeowners can depend on.
Reliable customer support
Informative resources
Clear pricing policy
Services Offered
Clear pricing policy
Reliable customer support
Free quotes
Services Offered
Our Rating
Informative resources
Reliable customer support
Clear pricing policy
Free quotes
Prompt service delivery
Services Offered
Our Rating
Informative resources
Reliable customer support
Prompt service delivery
Free quotes
Clear pricing policy
Services Offered
Our Rating
Reliable customer support
Informative resources
Clear pricing policy
Free quotes
Services Offered
Our Rating
Reliable customer support
Informative resources
Clear pricing policy
Services Offered
Our Rating
Clear pricing policy
Free quotes
Reliable customer support
Informative resources
Services Offered
Our Rating
Reliable customer support
Clear pricing policy
Informative resources
Services Offered
Our Rating
Prompt service delivery
Clear pricing policy
Reliable customer support
Informative resources
Services Offered
Our Rating
Reliable customer support
Informative resources
Free quotes
Clear pricing policy
Services Offered
Today's Homeowner looks at dozens of datapoints on solar companies to come up with our data-driven rankings. It's not possible for a company to pay for preferential treatment in our rankings. We look at the following key factors in determining who should top our list:
Going solar can be a great way to save money on electricity costs and help the planet by reducing your carbon footprint using renewable energy. Here are some crucial factors to consider when determining whether a solar installer is trustworthy.
Confirm that your solar installer is properly licensed. This helps ensure that the work is done properly using current best installation practices. Massachusetts requires new solar PV systems in the Commonwealth to be installed by a licensed electrician and new solar water heaters to be installed by a construction supervisor.
Check review sites like Google Reviews, TrustPilot, and the Better Business Bureau (BBB) to see feedback from past customers on local solar companies. Detailed reviews can help you evaluate a company's dependability and customer service. Use caution with companies that have no reviews or mostly negative ones.
Call three to five solar companies for free, itemized quotes. A quote should explain all costs and specify the solar equipment included. Reviewing multiple quotes helps you find the option that aligns with your budget.
Top-notch solar installations should include strong workmanship and performance warranties. A workmanship warranty covers installation defects, such as cracks in the panels, poor wiring, or poor alignment. A performance warranty ensures a minimum energy output. Comprehensive guarantees indicate that a solar company believes in its work.
Solar power can help decrease your electricity costs long-term. When weighing solar panel's cost and value, be sure to factor in these considerations.
The cost of home solar panels in Peabody will depend on several factors, including the area and generating capacity of your panel array and the type of solar technology being used. Generally speaking, a complete solar energy system will cost $4,060 per kilowatt, not including permit fees, labor, or preliminary work. Most solar systems in Peabody are 4.2 kilowatts, and the typical Peabody homeowners spends $12,074 after accounting for federal tax refunds. Some homeowners may prefer leasing their solar panels to reduce upfront costs.
Incentive Amount:
Solar energy systems used for heating or cooling: out-of-pocket expenditures by the owner for the components and labor
Wind, hydroelectric, geothermal, solar thermal, solar PV, and other solar energy systems: the assessed value of the system
Incentive Type: Personal Tax Credit
Incentive Amount:
15%
Incentive Type: Industry Recruitment/Support
Incentive Amount:
100% deduction
Incentive Amount:
Appliances
Refrigerator and Freezer Recycling: $125
Electric Clothes Dryers: $50
Clothes Washer: $350
Dehumidifiers: $30
Room Air Purifiers: $40
Room Air Conditioner: $40
Heating & Cooling
Oil Heating System: Up to $800
Propane Heating Equipment: Up to $2,300
Oil Water Heater: Up to $400
Propane Water Heater: Up to $800
Heat Pump Water Heater: Up to $600
Central AC/Heat Pump: Up to $250/ton
Mini-Split Heat Pump: Up to $250/ton
Programmable Thermostats: Up to $25
WiFi Thermostat: Up to $100
Solar Domestic Hot Water heater: $500 - $1,500
Home Electronics
Advanced Power Strips: Varies
Home Insulation
Limited Time Enhanced Incentive: 75%
Year-Round Tenant Incentive: 100%
Enhanced Residential Program: 100%
Lighting
LEDs: Varies
Home Energy Assessment: Free
Incentive Amount:
Standard Residential:
Pellet Stove: $1,000 - $1,750
Catalytic Woodstove: $750 - $1,250
Non-Catalytic Woodstove: $500-$1,250
Fully Automated Wood Stove: $1,500 - $1,750
Low-Income Residential:
Pellet Stove: $2,500 - $3,250
Catalytic Woodstove: $2,250 - $2,750
Non-Catalytic Woodstove: $2,000-$2,750
Fully Automated Wood Stove: $2,750 - $3,250
Incentive Type: PACE Financing
Incentive Amount:
Financing amount locally determined; 20-year financing term
A solar photovoltaic (PV) array can generate power to run any electric appliance or system in your home. A more specific example is installing a solar heating system for your water.
There are a number of advantages of home solar energy. You can qualify for tax benefits, reduce emissions, and raise your property values. With the right storage equipment, solar panels can also offer you additional energy security and offer some protection from power outages.
It depends on your location and the kind of panels you plan to use. Peabody can experience long, hard winters, so we recommend installing your system in the spring months to maximize your generation for the year.
Yes, it's possible to use home solar energy alongside conventional power sources. In many areas, solar panels are designed to supplement your existing energy sources, which means you can reap the environmental benefits and savings of solar energy without having to completely switch over.
Your payback period is the time to earn a net profit from your solar panels. It will vary based on the average sunlight in your area, their rated capacity, and the rate your utility charges per kilowatt of power. Peabody gets quite a bit of sunlight per day, so an average payback period could last up to 12.6 years per 5 kW of capacity.
While solar energy might not be the best option for some in wet or dark areas, the latest generation of equipment and energy storage systems could boost your property's solar viability enough to achieve a return on investment. A contractor could also recommend a different primary source of renewable energy like wind or geothermal to boost your generation.
Solar panels are gaining in popularity for their high efficiency and low maintenance costs. Depending on how much sunlight your property receives, you may find they're the best performing source of renewable energy compared to others.