Solar Panel Cost Guide in Adelphi, MD (2024 Update)
- Adelphi Solar Installation Cost: $13,517
- 25-Year Savings: $12,317
- Payback Period: 14.8 Years
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Average Cost of Solar Panels in Adelphi
Let’s take a look at the average cost of solar panels in Adelphi.
The national average cost of solar panels is $2.66 per watt, but in Adelphi it’s 4 per watt.The average solar panel system size in Adelphi is around 5.5 kilowatts, meaning a cost of about $13,517 for a solar installation, or $19,329 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The exact cost of making the switch to solar can vary based on several factors, such as what size system you need, your energy consumption and what solar installer you go with.But, after you've paid the upfront cost of installation, the ROI for most homeowners is quite rewarding, with a net average savings of about $16,000 over 20 years on utility bills.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Adelphi
| Year | Return on Investment |
|---|---|
| 1 years | $-11,811 |
| 3 years | $-8,399 |
| 5 years | $-4,987 |
| 7 years | $-1,575 |
| 9 years | $1,837 |
| 11 years | $5,250 |
| 13 years | $8,662 |
| 15 years | $12,074 |
| 17 years | $15,486 |
| 19 years | $18,898 |
| 21 years | $22,310 |
| 23 years | $25,722 |
| 25 years | $29,135 |
Top Solar Installers in Adelphi
Installing solar panels yourself can be a dangerous task, which is why getting a solar installation company is a good option for many homeowners. The payback period of solar panels will vary based on factors like your location and energy needs, but going with a solar installer can shorten it. Your provider will be able to help you get the most out of incentives available in your area.
If you’d like to switch to solar energy but still aren’t certain which solar system installer to go with, here are our suggestions for providers near you:
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Adelphi
Factors that Affect Solar Panel Costs in Adelphi
Cost is typically one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that affect your total cost in Adelphi: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
The size of the solar system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $3,540. The brand of solar panels and equipment you choose is another factor that will largely affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Furthermore, solar equipment goes beyond 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 for a solar system that’s in your budget.
Solar Financing Terms
Most solar installers in Adelphi offer solar loans, which reduce the initial cost of installing solar panels.While solar loans make switching to solar energy more accessible for Adelphi homeowners, they can also raise the total you pay for your system due to interest. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The final significant cost factor you should take into consideration is the installer you choose. Given the booming popularity of renewable energy solutions in Adelphi, you’ll have plenty of options to choose from, but each comes at different price points for labor and equipment.Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and choose a company that has the products, warranties and services you want and also fit into your budget.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.68 | $15,463 | $9,719 | 15.4 years |
| 8 kW | $3.61 | $20,220 | $13,355 | 15.1 years |
| 10 kW | $3.54 | $24,780 | $17,189 | 14.8 years |
| 12 kW | $3.47 | $29,141 | $21,222 | 14.5 years |
| 14 kW | $3.40 | $33,304 | $25,453 | 14.2 years |
| 16 kW | $3.33 | $37,269 | $29,882 | 13.9 years |
| 18 kW | $3.26 | $41,036 | $34,509 | 13.6 years |
| 20 kW | $3.19 | $44,604 | $39,335 | 13.3 years |
How to Save on Solar Panels
The solar company you go with will affect not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should take into account, including:
- Installation Process: When making the switch to solar energy, it’s important to keep an open line of communication with your solar company. Confirm that you understand how the installation process will go and the completion timeline.
- Contract: It’s important to look over your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- Solar Panel Brands: Different companies have various brands and kinds of panels. If you want a specific brand, make sure the solar panel installer you’re considering has it.
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years likely offer high-quality solar panel installation and expertise.
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Adelphi, MD Solar Cost FAQs
What is the average cost of installing solar panels in Adelphi?
This is a difficult question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $17,700 for a 5-kW system and $35,400 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
What other factors should I consider in addition to cost when buying solar panels?
Cost is a crucial factor to consider, but whether it’s the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Adelphi?
The majority of states have net metering programs of some kind. Through these, you can either be compensated for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.
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.