Solar Panel Cost Guide in Maysville, KY (2025 Update)
- Maysville Solar Installation Cost: $24,893
- 25-Year Savings: $22,670
- Payback Period: 16.1 Years
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Average Cost of Solar Panels in Maysville
We break down average solar pricing in Maysville.
The national average cost of solar panels is $2.66 per watt, but in Maysville it’s 4 per watt.Using this figure, a typical 9.7-kW system would cost about $24,893 before the 0 federal solar tax credit is applied.
How much you pay can be higher or lower than the average in Maysville depending on a variety of factors, such as the kind of solar panels you choose and the solar company you hire.Many homeowners find going solar is a fruitful investment. The average homeowner in Maysville can save about $15,000 on their electricity bills over 20 years.
You can click the button below to get connected with a vetted solar company in Maysville that can help you get a more accurate cost estimate for your home.
Solar savings over time in Maysville
| Year | Return on Investment |
|---|---|
| 1 years | $-23,514 |
| 3 years | $-20,756 |
| 5 years | $-17,998 |
| 7 years | $-15,241 |
| 9 years | $-12,483 |
| 11 years | $-9,725 |
| 13 years | $-6,967 |
| 15 years | $-4,209 |
| 17 years | $-1,452 |
| 19 years | $1,306 |
| 21 years | $4,064 |
| 23 years | $6,822 |
| 25 years | $9,579 |
Top Solar Installers in Maysville
Installing solar panels yourself can be a challenging project, which is why getting a solar installation company is a good option for many homeowners. A solar installer can also help save you money over time by offering warranties, repairs and component replacements.
Working with a vetted solar company can help your solar project go smoothly. Here are our recommendations:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Maysville
Factors that Affect Solar Panel Costs in Maysville
Even though the average cost of a solar system in Maysville is $24,893, your final cost may be above or below the average. There are quite a few factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. That’s why it’s crucial to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use.The model of solar panels and equipment you get is another factor that will significantly impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Further, solar equipment consists of more than just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that’s in your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are provided by most installers in Maysville, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible.You’ll have to consider the long-term cost of financing options, including the total interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Maysville is the company you choose to install your solar panel system. As with choosing a company to renovate your kitchen, for instance, you’ll have many options for solar installers that provide a range of services for different budgets.The company’s size can sometimes play the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.80 | $15,943 | $7,845 | 16.8 years |
| 8 kW | $3.72 | $20,849 | $10,869 | 16.4 years |
| 10 kW | $3.65 | $25,550 | $14,098 | 16.1 years |
| 12 kW | $3.58 | $30,047 | $17,531 | 15.8 years |
| 14 kW | $3.50 | $34,339 | $21,168 | 15.5 years |
| 16 kW | $3.43 | $38,427 | $25,009 | 15.1 years |
| 18 kW | $3.36 | $42,311 | $29,055 | 14.8 years |
| 20 kW | $3.29 | $45,990 | $33,306 | 14.5 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Reputation: Long-running companies likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Contract: Although reading through a contract can be tedious, it’s important to do it fully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should acquire and how long the project will take.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Maysville, KY Solar Cost FAQs
What is the average cost of installing solar panels in Maysville?
The average cost of solar panels in Maysville is about $18,250 for a 5-kW system and $36,500 for a 10-kW system before the ITC, but the actual cost will depend on things like the type of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider other than cost when buying solar panels?
Cost is a very important factor to consider, but whether it’s the most important for you depends on your goals for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Maysville?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future utility bills.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and how much sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to account for their typical energy usage.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.