📍 Boston, MA · ZIP 02101

Solar Panel Cost in
Boston, MA

Live Eversource rate: 26.4¢/kWh · Updated June 2026 · Based on real EIA data

Calculate My Boston Solar Cost →
$12K Net Cost After ITC
26.4¢ Utility Rate/kWh
6.8yr Avg Payback
$62K 25-Year Savings

Solar Cost Breakdown for Boston

Here's what a typical 5.7 kW solar installation costs in Boston, MA in 2026, based on current market pricing and live utility data from Eversource.

Cost ItemAmountNotes
Gross System Cost (5.7 kW)$18,200Before any incentives
Federal ITC (30%)-$5,460Applied to tax return (Form 5695)
Net Cost to Homeowner$12,740After federal tax credit
Monthly Loan Payment (25yr @ 5.99%)~$82/mo$0 down solar loan
Monthly Bill Savings~$152/moBased on Eversource 26.4¢/kWh

Solar Production in Boston

Boston averages 4.2 peak sun hours per day — moderate for solar energy production. A 5.7 kW system here will generate approximately:

TimeframeEstimated ProductionValue @ 26.4¢/kWh
Daily (avg)19.2 kWh$5.06
Monthly (avg)575 kWh$152
Annual6,990 kWh$1,845
25-Year Total174,762 kWh$62,000

MA Solar Incentives

Homeowners in Boston, MA can stack multiple incentives to reduce the net cost of solar significantly:

IncentiveValueHow to Claim
Federal Investment Tax Credit (ITC)30% of system cost = $5,460IRS Form 5695 at tax time
MA SMART ProgramVariesThrough installer or MA tax return
Property Tax ExemptionSolar value excluded from property taxAutomatic in most MA counties
Net Metering (Eversource)Credit for excess solar exported to gridApplied automatically to monthly bill

💡 Total potential savings: Between the 30% federal ITC ($5,460) and state incentives in MA, many Boston homeowners reduce their net system cost by 35–45% before financing.

Eversource: Your Local Rate

Your Boston utility provider is Eversource, currently charging 26.4¢ per kWh (source: EIA, June 2026). This rate determines how valuable solar is for your home — higher rates mean faster payback.

US electricity rates have increased an average of 3.4% per year since 2010. If Eversource's rate continues rising, your solar savings will grow each year — meaning real payback is often faster than static estimates suggest.

YearProjected RateAnnual Solar Savings (5.7 kW)
2026 (now)26.4¢/kWh$1,845
2031 (+5yr)31.2¢/kWh$2,181
2036 (+10yr)36.9¢/kWh$2,578
2046 (+20yr)51.5¢/kWh$3,602

Get Your Exact Boston Solar Quote

Enter your ZIP code for a personalized calculation using live Eversource rates and current MA incentives.

Calculate My Boston Solar Cost →

Compare Nearby Cities

See how solar costs compare in cities near Boston:

Learn More About Going Solar