Solar Panel Cost Guide in Brunswick, MD (2024 Update)
- Brunswick Solar Installation Cost: $14,045
- 25-Year Savings: $5,334
- Payback Period: 21.5 Years
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Average Cost of Solar Panels in Brunswick
Let’s take a look at the average cost of solar panels in Brunswick.
The average cost of solar panels in Brunswick is 4 per watt.Using this figure, a typical 5.7-kW system would cost about $14,045 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The exact cost of installing solar panels can vary based on a few factors, such as what size system you need, your energy consumption and what solar installer you go with.Despite the large initial cost, the average Brunswick homeowner can save about $11,000 on their electricity bills over 20 years, which is one of the positives of solar.
For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Brunswick
Year | Return on Investment |
---|---|
1 years | $-12,792 |
3 years | $-10,287 |
5 years | $-7,782 |
7 years | $-5,277 |
9 years | $-2,772 |
11 years | $-266 |
13 years | $2,239 |
15 years | $4,744 |
17 years | $7,249 |
19 years | $9,754 |
21 years | $12,259 |
23 years | $14,764 |
25 years | $17,270 |
Top Solar Installers in Brunswick
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Using a solar company can make your switch to solar power much easier. Plus, warranties and repairs from your solar panel installer can protect your investment and lower the cost of maintenance over time.
Working with a licensed solar installer can make going solar easier. Here are our recommendations:
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Brunswick
Factors that Affect Solar Panel Costs in Brunswick
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few major factors that affect your total cost in Brunswick: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. That’s why it’s important to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs.There are several different solar panel brands and the one you pick also affects the cost. Typically, the brands that offer higher efficiency tend to also cost more. In addition, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are offered by most installers in Brunswick, which can bring down, or in some cases eliminate, your upfront costs to make solar more accessible.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar panels can impact how much it costs. Brunswick’s solar companies all have different labor costs and add varying upcharges to equipment. 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 major players.
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 | $1,817 | 22.4 years |
8 kW | $3.61 | $20,220 | $2,820 | 21.9 years |
10 kW | $3.54 | $24,780 | $4,020 | 21.5 years |
12 kW | $3.47 | $29,141 | $5,419 | 21.1 years |
14 kW | $3.40 | $33,304 | $7,016 | 20.6 years |
16 kW | $3.33 | $37,269 | $8,811 | 20.2 years |
18 kW | $3.26 | $41,036 | $10,805 | 19.8 years |
20 kW | $3.19 | $44,604 | $12,996 | 19.4 years |
How to Save on Solar Panels
Since the kind of solar panels and the company you choose greatly influences your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Installation Process: When making the switch to solar energy, it’s necessary to keep an open line of communication with your solar installer. See to it that you understand how the installation process will go and the completion timeline.
- Contract: When reading over your solar installer’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios like a system component breaking or the company going out of business.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to get the job done well. Another way you can look into your installer’s reputation is by reading reviews.
- Warranty: Each company may offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Brunswick, MD Solar Cost FAQs
What is the average cost of installing solar panels in Brunswick?
The average cost of solar panels in Brunswick is about $17,700 for a 5-kW system and $35,400 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Brunswick?
The majority of states have net metering programs of some kind. Through these, you can be compensated for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.