Typical home: Worth it

Solar in Danvers, MA

With National Grid Massachusetts's electricity at about 33.9¢ per kWh and 1,309 kWh of sun per kW, solar is worth it for a typical Danvers home today: about a 6.9-year payback.

Payback, typical home
6.9 yrsMassachusetts: 7.6 yrs
25-year net
$66,346after paying $16,750
Sun
1,309kWh per kW per year
Electricity
33.9¢88% above U.S. average

A typical Danvers home, by the numbers

UtilityNational Grid Massachusetts
Electricity use549 kWh a month
Best-value system5 kW, about 12 panels, 6,546 kWh a year (99% of use)
Cost$17,750, or $16,750 after state incentives
First-year savings$2,119
Payback6.9 years
Exported powerFull retail net metering (National Grid Massachusetts)

Cash purchase, no federal credit, 4.0% yearly rate increases. Run it with your own numbers.

Solar production per kW in Danvers

kWh per kW each month, south-facing at 20° tilt. PVWatts v8 with local typical-year weather.

Show as a table
PeriodValue
Jan79
Feb90
Mar125
Apr126
May125
Jun133
Jul145
Aug131
Sep121
Oct89
Nov75
Dec70

Homes in Danvers

Owner-occupied homes
69%
Single-family detached
58%
Median home value
$644k
Median year built
1963
Population
28,098
Roofs suitable for solar†
82%

Census ACS 2020–2024. †Share of 6,911 buildings Google Project Sunroof rated technically suitable (2019 snapshot).

Older housing stock. Many homes here were built before 1975. Have the roof and electrical panel checked before signing; a roof or panel upgrade can add thousands. Roof first?

Installers working in Danvers

Public installation records for Massachusetts don't name installers, so we can't rank local companies here. Browse installers in Massachusetts.

Always verify the license and get at least three quotes. Compare quotes side by side.

Questions about solar in Danvers

Is solar worth it in Danvers, MA?

For a typical home in Danvers, solar is worth it at 2026 prices: a 5 kW system costs about $16,750 after state incentives, saves about $2,119 in year one and pays back in about 6.9 years. Enter your address for an estimate based on your roof and bill.

How much solar power does a system produce in Danvers?

About 1,309 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 1% more than the Massachusetts average. East- or west-facing roofs produce roughly 10–20% less.

Who is the electric utility in Danvers?

Most homes in Danvers are served by National Grid Massachusetts, at about 33.9¢ per kWh on average. Some areas are served by Town of Danvers, City of Peabody.

How much do solar panels cost in Danvers?

A fair cash price is around $3.35 per watt before incentives, so about $17,750 for a 5 kW system. There's no federal tax credit for homeowners who buy in 2026.

Nearby

Data: PVWatts (National Laboratory of the Rockies), EIA-861 2025 adjusted to 2026, U.S. Census ACS, LBNL Tracking the Sun, state policy research as of October 2026.