Solar Panel Cost Guide in Clinton, MD (Mar 2023)
- Clinton Solar Installation Cost: $10,568
- 25-Year Savings: $11,594
- Payback Period: 11.9 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Clinton
Let's have a look at the average cost of solar in Clinton.
The national average cost of solar panels is $2.66 per watt, but in Clinton it's 2.77 per watt. The average solar panel system size in Clinton is around 5.5 kilowatts, meaning a cost of about $10,568 for a solar installation, or $15,112 before the 30% federal solar tax credit is applied.
Remember 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 choose, your solar contractor and more. Even with the significant upfront cost, the average Clinton homeowner can save around $15,000 on their electricity bills over 20 years, which is one of the advantages of solar.
Click the button below to get connected to a reputable solar panel company in Clinton for a customized estimate.
Solar savings over time in Clinton
| Year | Return on Investment |
|---|---|
| 1 years | $-9,681 |
| 3 years | $-7,908 |
| 5 years | $-6,135 |
| 7 years | $-4,362 |
| 9 years | $-2,589 |
| 11 years | $-817 |
| 13 years | $956 |
| 15 years | $2,729 |
| 17 years | $4,502 |
| 19 years | $6,275 |
| 21 years | $8,048 |
| 23 years | $9,821 |
| 25 years | $11,594 |
Top Solar Installers in Clinton
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Using a solar panel installer can make converting to solar power much easier. Local solar installers can also help you maximize your return on investment by assisting with any local incentives and by offering warranties and repairs.
Working with a licensed solar installer can help you make the most of your investment in solar. Here are our recommendations:
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 Clinton
Factors that Affect Solar Panel Costs in Clinton
For many Clinton homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Clinton, with typical prices between $20,000 to $40,000. There are a few factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. For that reason, it's a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Clinton, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don't have a lot of 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
Many homeowners find the average cost of solar in Clinton to be too costly, even if the investment pays off over time. Thankfully, nearly every solar installer in the area provides access to financing options. Solar loans greatly decrease upfront costs in most cases, but they also result in a higher cost over time due to interest. 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 on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar panel installation company you select will impact your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor. Additionally, some companies in Clinton are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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 | $12,277 | 12.4 years |
| 8 kW | $2.83 | $15,822 | $16,679 | 12.2 years |
| 10 kW | $2.77 | $19,390 | $21,237 | 11.9 years |
| 12 kW | $2.71 | $22,803 | $25,949 | 11.7 years |
| 14 kW | $2.66 | $26,060 | $30,817 | 11.5 years |
| 16 kW | $2.60 | $29,163 | $35,840 | 11.2 years |
| 18 kW | $2.55 | $32,110 | $41,018 | 11.0 years |
| 20 kW | $2.49 | $34,902 | $46,351 | 10.7 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, 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:
- Solar Panel Brands: The kind of solar panel you want to get plays a part in which installer you should choose, since different companies offer different panels.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to install your solar system. Another way you can verify your installer's reputation is by reading reviews.
- Warranty: Warranties that cover replacement parts and repairs over a couple decades are the gold standard in the business, and offering that kind of warranty is one sign of a quality company.
- Contract: Although reading through a contract can take a lot of time, it's important to do it fully so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
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 Clinton, MD Solar Cost FAQs
How much does it cost to install solar panels in Clinton?
The average cost of solar panels in Clinton is about $13,850 for a 5-kW system and $27,700 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Clinton?
You can't get solar panels for free in Clinton. However, you may still be able to get 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.
Can solar panels eliminate my electricity bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Clinton, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is 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 amount 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.