Solar Panel Cost Guide in Glassmanor, MD (2023 Update)

  • Glassmanor Solar Installation Cost: $10,577
  • 25-Year Savings: $12,317
  • Payback Period: 11.6 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated September 15, 2023

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Glassmanor

Find out what the average cost of installing solar panels is in Glassmanor.

The national average cost of solar panels is $2.66 per watt, but in Glassmanor it's 2.77 per watt. To cover the typical energy usage of the average home in Glassmanor, most homeowners require a 5.5-kilowatt system. Using the per-watt figure above, a solar installation costs around $10,568, or $15,112 before the federal solar tax credit of 30% is applied.

These figures are just averages, and how much solar costs for you may vary based on your energy needs and what company you go with. Even with the large upfront cost, the average Glassmanor homeowner can save about $16,000 on their power bills over 20 years, which is one of the positives of solar.

You can click the button below to get connected with a top solar company in Glassmanor that can help you get a more accurate cost estimate for your home.

Solar savings over time in Glassmanor

Year Return on Investment
1 years $-8,871
3 years $-5,459
5 years $-2,047
7 years $1,366
9 years $4,778
11 years $8,190
13 years $11,602
15 years $15,014
17 years $18,426
19 years $21,838
21 years $25,250
23 years $28,663
25 years $32,075

Top Solar Installers in Glassmanor

Many homeowners opt for a solar panel company since trying to install solar panels by yourself can be a labor-intensive endeavor. A solar company can also help save you money over time by providing warranties, repairs and part replacements.

Working with a professional solar installer can make going solar easier. Here are our recommendations:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

Best Social Impact

Palmetto Solar

★★★★★
4.0

  • 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 Glassmanor

Factors that Affect Solar Panel Costs in Glassmanor

For many Glassmanor homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in Glassmanor, with typical prices between $20,000 to $40,000. There are several factors that greatly influence the price you'll pay, which we'll go over below.

Solar Equipment

The size of the solar energy system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $2,770. There are several different solar panel brands and the one you pick also affects the cost. Usually, the brands that have better efficiency tend to also be more expensive. Plus, the type of equipment you're looking to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

Solar panels can save you money on power bills over many years, but they can also be a significant investment. That's why many Glassmanor homeowners decide to finance their solar panel systems to make going solar more affordable. 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 a higher down payment can reduce the total interest paid over time.

Solar Panel Installation Company

A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Glassmanor is the company you hire to install your solar panel system. Similar to choosing a company to install new cabinets, for instance, there are plenty of solar installers that offer a range of services for different budgets. Additionally, some companies in Glassmanor are more knowledgeable about local solar incentives and can help you make good use 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 $13,082 12.0 years
8 kW $2.83 $15,822 $17,753 11.8 years
10 kW $2.77 $19,390 $22,579 11.6 years
12 kW $2.71 $22,803 $27,561 11.3 years
14 kW $2.66 $26,060 $32,697 11.1 years
16 kW $2.60 $29,163 $37,989 10.9 years
18 kW $2.55 $32,110 $43,435 10.6 years
20 kW $2.49 $34,902 $49,037 10.4 years

How to Save on Solar Panels

There are many companies available in Glassmanor, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:

  • Contract: It's important to look over your solar installer's contract closely to understand what services they will provide, what the warranty covers and what you can expect about your solar system's energy production.
  • Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the completion timeline.
  • Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Even though there are many options for which brand of solar panel you can get, not every company will have the exact one you may want or need, so be sure to ask for their list of options before making your decision.
  • Reputation: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

Best Social Impact

Palmetto Solar

★★★★★
4.0

  • Expansive service area
  • Makes charitable contributions
  • Certified B Corp
  • No leases or PPAs
  • Quality of installation may vary by location

EcoWatch's Glassmanor, MD Solar Cost FAQs

What is the average cost of installing solar panels in Glassmanor?

The average cost of solar panels in Glassmanor is about $13,850 for a 5-kW system and $27,700 for a 10-kW system before the ITC, but the actual cost will depend on certain factors 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 Glassmanor?

Leasing solar panels can be an appealing choice, as it usually comes with low or $0 upfront payments. The drawback 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 incentives and your home value won't increase. Buying solar panels is a better way to go if you want to maximize your savings.

Does Glassmanor have a net metering program?

The majority of states have net metering programs of some kind. Through these, you can get paid for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.

How often do you have to replace solar panels?

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 replace them once you've had them for that long or you can continue to use 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.

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