Solar Panel Cost Guide in Bowie, MD (Jan 2023)
- Bowie Solar Installation Cost: $10,568
- 25-Year Savings: $10,898
- Payback Period: 12.3 Years
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Top Solar Installers in Bowie
Many homeowners choose to hire a solar installation company since figuring out how to install solar panels yourself can be hard. Companies can also offer access to various kinds of the best solar panels and help you decide which one will be right for your family.
If you'd like to go solar but still aren't certain which solar panel company to go with, here are our suggestions for providers nearby:
See all of the solar companies in Bowie
Factors that Affect Solar Panel Costs in Bowie
The cost of installing a solar system in Bowie can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is the size of the system you need, and other factors include equipment choices, financing options and the solar company you choose.
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to pay around $2,770 per kilowatt in Bowie. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Bowie, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in Bowie provide solar loans, which reduce your upfront costs of installing solar panels. When figuring out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar company you select will influence your total cost to go solar. Different companies will charge different amounts for the equipment and labor. You may come across national solar installers that have lower prices due to their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
Solar Panel Cost Data by System Size
|System size||Cost per system watt||Solar system cost||25-Year savings||Payback period|
|6 kW||$2.88||$12,099||$11,511||12.8 years|
|8 kW||$2.83||$15,822||$15,658||12.6 years|
|10 kW||$2.77||$19,390||$19,961||12.3 years|
|12 kW||$2.71||$22,803||$24,418||12.1 years|
|14 kW||$2.66||$26,060||$29,031||11.8 years|
|16 kW||$2.60||$29,163||$33,799||11.6 years|
|18 kW||$2.55||$32,110||$38,721||11.3 years|
|20 kW||$2.49||$34,902||$43,799||11.1 years|
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since choosing a company can be a challenge, we have some tips to help you, such as:
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like the EcoWatch team.
- Contract: When looking over your solar installer's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you opt for.
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be done and what the project timeline is.
EcoWatch's Bowie, MD Solar Cost FAQs
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.