Solar Panel Cost Guide in Calverton, MD (2025 Update)
- Calverton Solar Installation Cost: $13,682
- 25-Year Savings: $11,188
- Payback Period: 15.6 Years
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Average Cost of Solar Panels in Calverton
Find out what the average cost of solar panel installation is in Calverton.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Calverton, the typical cost of solar panels is 4 per watt.Because a 5.5-kW system is needed to cover the energy costs of a typical home in Calverton, the average price of going solar will be about $13,682 after claiming the federal solar tax credit of 0.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar may look quite different based on your household energy use, the type of solar panels you want to get, your solar contractor and more.But, after you've paid the upfront cost of installation, the return on investment for most homeowners is quite fruitful, with a net average savings of about $15,000 over 20 years on power bills.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Calverton
| Year | Return on Investment |
|---|---|
| 1 years | $-12,268 |
| 3 years | $-9,439 |
| 5 years | $-6,610 |
| 7 years | $-3,781 |
| 9 years | $-953 |
| 11 years | $1,876 |
| 13 years | $4,705 |
| 15 years | $7,534 |
| 17 years | $10,362 |
| 19 years | $13,191 |
| 21 years | $16,020 |
| 23 years | $18,848 |
| 25 years | $21,677 |
Top Solar Installers in Calverton
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can use up a lot of your time and energy. Hiring an installer can make swapping over to solar power much easier. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long term with their warranties, repair services and expert design.
Working with a vetted solar company can help you make the most of your investment in solar. Here are our recommendations:
See all of the solar companies in Calverton
Factors that Affect Solar Panel Costs in Calverton
Cost is often one of the most important factors for homeowners considering investing in solar. There are a few primary factors that affect your total cost in Calverton: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,540.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Calverton, 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
Solar panels can save you money on power bills over many years, but they can also be a big investment. That’s why many Calverton homeowners decide to finance their solar panel systems to make going solar more affordable.You’ll have to consider the long-term cost of loans, 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 above the equipment and labor 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 figure out the cost of solar for your home or business in Calverton is the company you choose to install your solar system. As with choosing a company to build a deck or pool, for example, you’ll have many options for solar installers that offer a range of services at different price points.The size of the company can sometimes play the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices 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 discount 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 | $3.68 | $15,463 | $8,329 | 16.2 years |
| 8 kW | $3.61 | $20,220 | $11,501 | 15.9 years |
| 10 kW | $3.54 | $24,780 | $14,872 | 15.6 years |
| 12 kW | $3.47 | $29,141 | $18,442 | 15.3 years |
| 14 kW | $3.40 | $33,304 | $22,209 | 15.0 years |
| 16 kW | $3.33 | $37,269 | $26,175 | 14.7 years |
| 18 kW | $3.26 | $41,036 | $30,339 | 14.4 years |
| 20 kW | $3.19 | $44,604 | $34,701 | 14.1 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 difficult, we have some tips to help you, such as:
- Installation Process: Make sure you’re aligned with the installer regarding how the installation process will go and what needs to be done before your solar panels are installed, such as repairing your electrical system or roof.
- Warranty: Companies typically offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Long-running companies likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. Although there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so make sure you take a look at their list of offerings before making your decision.
EcoWatch's Calverton, MD Solar Cost FAQs
What is the average cost of installing solar panels in Calverton?
The average cost of solar panels in Calverton 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 stuff such as the model of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Calverton?
You can’t get solar panels for free in Calverton. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
How many solar panels do I need to power 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 buy between 20 and 35 panels to cover 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.