Solar Panel Cost Guide in Damascus, MD (2025 Update)
- Damascus Solar Installation Cost: $13,851
- 25-Year Savings: $8,710
- Payback Period: 17.7 Years
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Average Cost of Solar Panels in Damascus
We go over average solar pricing in Damascus.
The national average cost of solar panels is $2.66 per watt, but in Damascus it’s 4 per watt.Since a 5.6-kW system is needed to cover the energy needs of a typical home in Damascus, the average price of going solar will be about $13,851 after claiming the federal solar tax credit of 0.
Remember that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy use, the type of solar system you choose, your solar contractor and more.For most homeowners, the upfront cost of solar panels is worth paying. On average you could be looking at about $13,000 in savings on electricity bills over 20 years.
Click the button below to get connected to a vetted solar panel company in your area for a personalized estimate.
Solar savings over time in Damascus
| Year | Return on Investment |
|---|---|
| 1 years | $-12,491 |
| 3 years | $-9,770 |
| 5 years | $-7,049 |
| 7 years | $-4,328 |
| 9 years | $-1,607 |
| 11 years | $1,114 |
| 13 years | $3,835 |
| 15 years | $6,555 |
| 17 years | $9,276 |
| 19 years | $11,997 |
| 21 years | $14,718 |
| 23 years | $17,439 |
| 25 years | $20,160 |
Top Solar Installers in Damascus
When going solar, many homeowners prefer to go with a solar installation company since installing solar panels yourself can be a time-consuming project. Another good thing about using a vetted solar installer is that it'll provide warranties and free repairs, which help protect your solar investment.
If you're looking for a solar company in Damascus, the EcoWatch team has put together a list of our top suggestions here:
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Damascus
Factors that Affect Solar Panel Costs in Damascus
There are many criteria that can influence your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. That’s why 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.The type of solar panels and equipment you get is another factor that will significantly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Furthermore, solar equipment goes beyond just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when researching a solar system that’s in your budget.
Solar Financing Terms
If paying for solar panels in cash is too expensive, solar loans are a solid choice because they decrease your upfront costs and let you pay for your system over five to seven years on average.However, the interest on solar loans also increases your total costs, so it’s vital to keep that in mind as well. You can always bring down the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The solar company you pick will impact your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and find a company that has the products, warranties and services you’re looking for and also fits within your budget.
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 | $5,521 | 18.4 years |
| 8 kW | $3.61 | $20,220 | $7,758 | 18.1 years |
| 10 kW | $3.54 | $24,780 | $10,193 | 17.7 years |
| 12 kW | $3.47 | $29,141 | $12,826 | 17.4 years |
| 14 kW | $3.40 | $33,304 | $15,658 | 17.0 years |
| 16 kW | $3.33 | $37,269 | $18,688 | 16.7 years |
| 18 kW | $3.26 | $41,036 | $21,916 | 16.3 years |
| 20 kW | $3.19 | $44,604 | $25,342 | 15.9 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Installation Process: When going solar, it’s important to keep an open line of communication with your solar panel company. Confirm that you understand how the installation process works and the project timeline.
- 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 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.
- Solar Panel Brands: Not all solar installers 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.
- Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Damascus, MD Solar Cost FAQs
What is the average cost of installing solar panels in Damascus?
The average cost of solar panels in Damascus 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 things like the model of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Damascus?
Leasing solar panels can be an attractive choice, as it often comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better option if you want to maximize your savings.
How will having solar panels impact the value of my home?
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 Damascus is currently $526,273, which means you can look forward to a value of about $21,577 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Damascus is a worthwhile investment.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can replace them once you've had 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.