Solar Panel Cost Guide in Burtonsville, MD (2023 Update)
- Burtonsville Solar Installation Cost: $10,839
- 25-Year Savings: $10,721
- Payback Period: 12.6 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Burtonsville
We go over average solar pricing in Burtonsville.
In Burtonsville, solar panels cost about 2.77 per watt on average. The average solar panel system size in Burtonsville is around 5.6 kilowatts, meaning a cost of about $10,839 for a solar installation, or $15,500 before the 30% federal solar tax credit is applied.
These figures are just averages, and your own solar costs may vary based on your specific situation and what company you choose to go with. Many homeowners find adopting solar power is a sound investment. The average homeowner in Burtonsville can save around $15,000 on their energy bills over 20 years.
To receive a free estimate from a pre-vetted solar company in Burtonsville, you can click the button below.
Solar savings over time in Burtonsville
| Year | Return on Investment |
|---|---|
| 1 years | $-9,977 |
| 3 years | $-8,252 |
| 5 years | $-6,527 |
| 7 years | $-4,802 |
| 9 years | $-3,077 |
| 11 years | $-1,352 |
| 13 years | $372 |
| 15 years | $2,097 |
| 17 years | $3,822 |
| 19 years | $5,547 |
| 21 years | $7,272 |
| 23 years | $8,997 |
| 25 years | $10,721 |
Top Solar Installers in Burtonsville
Many homeowners opt for a solar installer since trying to put up solar panels by yourself can be time-consuming. Plus, if you're unsure what type of solar panels and equipment you need, a solar installer can help you find the right equipment for you after a site survey and consultation.
If you're looking for a solar company in Burtonsville, we've put together a list of our top suggestions here:
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
See all of the solar companies in Burtonsville
Factors that Affect Solar Panel Costs in Burtonsville
Although the average cost of a solar system in Burtonsville is $10,839, your actual cost may be above or below the average. There are several factors that can have a major impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.
Solar Equipment
When it comes to estimating the cost of a solar system in Burtonsville, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy consumption, which you can gauge by looking at past energy bills. Your overall cost can increase by around $2,770 for each additional kilowatt you need. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Burtonsville, 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
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are available from most installers in Burtonsville, which can lower, or in some cases totally eliminate, your upfront costs to make solar more accessible. You'll have to consider the long-term cost of financing options, including the amount of 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 original cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
The final major cost factor you should consider is the installer you choose. Given the booming popularity of sustainable energy solutions in Burtonsville, you'll have many options to choose from, but each comes at various price points for labor and equipment. The company's size sometimes plays the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing because of more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower 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 | $2.88 | $12,099 | $11,044 | 13.1 years |
| 8 kW | $2.83 | $15,822 | $15,036 | 12.8 years |
| 10 kW | $2.77 | $19,390 | $19,182 | 12.6 years |
| 12 kW | $2.71 | $22,803 | $23,484 | 12.3 years |
| 14 kW | $2.66 | $26,060 | $27,941 | 12.1 years |
| 16 kW | $2.60 | $29,163 | $32,553 | 11.8 years |
| 18 kW | $2.55 | $32,110 | $37,320 | 11.6 years |
| 20 kW | $2.49 | $34,902 | $42,242 | 11.3 years |
How to Save on Solar Panels
Since the kind of solar panels and the installer you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: Well-established companies likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
- Contract: It's important to look over your solar installer's contract well to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- Installation Process: When making the switch to solar energy, it's necessary to keep an open line of communication with your solar panel company. See to it that you understand how the installation process will go and the project timeline.
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
EcoWatch's Burtonsville, MD Solar Cost FAQs
What is the average cost of installing solar panels in Burtonsville?
This is a difficult question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $13,850 for a 5-kW system and $27,700 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have above-average energy usage. Conversely, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
What other factors should I consider aside from cost 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.
How will installing solar panels impact my home value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Burtonsville is currently $369,642, so you can expect a value of about $15,155 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Burtonsville is a worthwhile investment.
How long do solar panels last in Burtonsville?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them after having them for that long or you can keep using them at a lower efficiency.
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.