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Ipswich residents pay $0.15/kWh with Ipswich Electric Light Department. Go solar and save an estimated $52,501 over 25 years.
Ipswich Electric Light Department
Your Project, Our Responsibility — NuWatt installs directly in Ipswich. No subcontractors, no lead sharing.
Based on 8kW system at Ipswich Electric Light Department rates
System Cost
$26,160
Massachusetts Incentive
-$320
Net Cost
$25,840
Payback Period
17.9 years
Annual Savings
$1,440
25-Year Savings
$52,501
Ipswich, Massachusetts residents are served by Ipswich Electric Light Department, which charges $0.15 per kWh for residential electricity. This is 11% below the national average of $0.168/kWh. At this rate, a typical household using 900 kWh per month spends approximately $1,620 per year on electricity—money that could be going toward building equity in a solar system instead.
An 8 kW solar system in Ipswich can offset most or all of a typical home’s electricity usage, saving approximately $1,440 per year. Over the 25-year lifespan of the system, that adds up to $52,501 in total savings. With Massachusetts state incentives of $320, the net system cost drops to $25,840, resulting in a payback period of just 17.9 years.
As a municipal utility, Ipswich Electric Light Department sets its own rates and rebate programs independently, separate from Mass Save and ConnectedSolutions. Net metering is available, meaning excess solar energy you produce earns bill credits from Ipswich Electric Light Department. The utility offers a solar rebate of $0.30 per watt up to $3,000. Heat pump rebates of up to $3,000 are also available for Ipswich homeowners.
The federal residential solar tax credit (Section 25D) expired at the end of 2025, making state and utility incentives more important than ever. NuWatt Energy installs solar panels, heat pumps, EV chargers, and battery storage directly in Ipswich—no subcontractors or lead-selling middlemen. We handle every step from system design through Ipswich Electric Light Department interconnection.
investor_owned · $0.27/kWh
Solar Rebate
Not available
Heat Pump
$8,500
EV Charger
Not available
Battery Storage
Not available
Net Metering
Available
municipal · $0.15/kWh
Solar Rebate
$0.30/W
Max $3,000
Heat Pump
$3,000
EV Charger
$700
Battery Storage
$750
Net Metering
Available
Demand Response
Available
Additional Programs
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