Solar Panel Cost Guide in Friendship Heights Village, MD (2025 Update)
- Friendship Heights Village Solar Installation Cost: $13,851
- 25-Year Savings: $12,725
- Payback Period: 14.7 Years
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Average Cost of Solar Panels in Friendship Heights Village
We break down average solar pricing in Friendship Heights Village.
The average cost of a solar system in Friendship Heights Village is 4 per watt.Using this figure, a typical 5.6-kW system would cost about $13,851 before the 0 federal solar tax credit is applied.
These figures are just averages, and the cost of going solar for you will most likely look different based on your specific situation and what company you want to go with.Many homeowners find going solar is a rewarding investment. The average homeowner in Friendship Heights Village can save around $17,000 on their energy bills over 20 years.
Click the button below to get connected to a highly rated solar company in your area for a personalized quote.
Solar savings over time in Friendship Heights Village
| Year | Return on Investment |
|---|---|
| 1 years | $-12,145 |
| 3 years | $-8,733 |
| 5 years | $-5,321 |
| 7 years | $-1,909 |
| 9 years | $1,503 |
| 11 years | $4,916 |
| 13 years | $8,328 |
| 15 years | $11,740 |
| 17 years | $15,152 |
| 19 years | $18,564 |
| 21 years | $21,976 |
| 23 years | $25,388 |
| 25 years | $28,801 |
Top Solar Installers in Friendship Heights Village
When making the switch to solar, many homeowners choose to go with a solar installer since DIY solar panel installation can be a challenging project. Since solar panels are exposed to temperature swings and extreme weather, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
There are several licensed solar professionals that can help you install your solar panels. Here are our suggestions:
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 Friendship Heights Village
Factors that Affect Solar Panel Costs in Friendship Heights Village
The cost of installing a solar system in Friendship Heights Village can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The biggest one is the size of the system you need, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,540.The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your power bills. Additionally, add-on products, like solar batteries, can bring your total well above the Friendship Heights Village average.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are provided by most installers in Friendship Heights Village, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also adds to your total costs, so it’s crucial to include that in your estimate as well. You can always bring down the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you pick will influence your total cost to go solar. Different companies will bill different amounts for the equipment and labor.Larger national companies typically have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric car charger installation, they might be cheaper overall.
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 | $9,830 | 15.3 years |
| 8 kW | $3.61 | $20,220 | $13,503 | 15.0 years |
| 10 kW | $3.54 | $24,780 | $17,375 | 14.7 years |
| 12 kW | $3.47 | $29,141 | $21,445 | 14.4 years |
| 14 kW | $3.40 | $33,304 | $25,712 | 14.1 years |
| 16 kW | $3.33 | $37,269 | $30,179 | 13.8 years |
| 18 kW | $3.26 | $41,036 | $34,843 | 13.5 years |
| 20 kW | $3.19 | $44,604 | $39,706 | 13.2 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Different companies will offer various brands and types of panels. If you know you want a specific brand, make sure the solar panel installer you’re considering has it.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panels running for years to come and save you money on part replacement and repairs.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar company, such as what permits you should acquire and how long the project will take.
- Contract: Before you sign a contract with a solar installer, make sure to look it over carefully so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what the warranty covers and what services you can expect from them.
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 Friendship Heights Village, MD Solar Cost FAQs
How much does it cost to install solar panels in Friendship Heights Village?
The average cost of solar panels in Friendship Heights Village is about $17,700 for a 5-kW system and $35,400 for a 10-kW system before the ITC, but the real cost will depend on things like the model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Friendship Heights Village?
You can’t get solar panels for free in Friendship Heights Village. 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.
Can you sell solar power back to the grid in Friendship Heights Village?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future utility bills.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption 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 get between 20 and 35 panels to account for 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.
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.