Solar Panel Cost Guide in Glenn Dale, MD (2025 Update)
- Glenn Dale Solar Installation Cost: $13,517
- 25-Year Savings: $10,817
- Payback Period: 15.8 Years
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Average Cost of Solar Panels in Glenn Dale
Here’s how much it might cost to go solar in Glenn Dale.
Although the national average of solar panels is $2.66 per watt, solar panels in Glenn Dale generally cost around 4.Because a 5.5-kW system is needed to cover the energy usage of a typical home in Glenn Dale, the average price of going solar will be about $13,517 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The actual cost of installing solar panels can vary quite a bit depending on a few factors, such as how many panels you need, your energy usage and what company you go with.But, after you've paid the upfront cost of installation, the ROI for most homeowners is quite rewarding, with a net average savings of about $15,000 over 20 years on power bills.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Glenn Dale
Year | Return on Investment |
---|---|
1 years | $-12,103 |
3 years | $-9,274 |
5 years | $-6,445 |
7 years | $-3,616 |
9 years | $-788 |
11 years | $2,041 |
13 years | $4,870 |
15 years | $7,698 |
17 years | $10,527 |
19 years | $13,356 |
21 years | $16,185 |
23 years | $19,013 |
25 years | $21,842 |
Top Solar Installers in Glenn Dale
Trying to install solar panels yourself can be a dangerous task, which is why getting a solar installation company is a good option for many homeowners. Solar warranties and repairs are usually included in the cost of installation when you sign a contract with a solar company too, which can save you more money over time.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
See all of the solar companies in Glenn Dale
Factors that Affect Solar Panel Costs in Glenn Dale
Cost is usually one of the most important factors for homeowners considering investing in solar. There are a few primary factors that determine your overall cost in Glenn Dale: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. For that reason, it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.The brand and kind of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Most solar companies in Glenn Dale offer solar loans, which reduce the initial cost of installing solar.When estimating your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you hire to install your solar system can impact how much it costs. Glenn Dale’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Glenn Dale know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. 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 | $3.68 | $15,463 | $8,069 | 16.4 years |
8 kW | $3.61 | $20,220 | $11,155 | 16.1 years |
10 kW | $3.54 | $24,780 | $14,440 | 15.8 years |
12 kW | $3.47 | $29,141 | $17,922 | 15.5 years |
14 kW | $3.40 | $33,304 | $21,603 | 15.2 years |
16 kW | $3.33 | $37,269 | $25,483 | 14.8 years |
18 kW | $3.26 | $41,036 | $29,560 | 14.5 years |
20 kW | $3.19 | $44,604 | $33,836 | 14.2 years |
How to Save on Solar Panels
The solar company you opt for will impact not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should consider, such as:
- Warranty: If you’re worried about the endurance of your solar panel system, verifying that your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Reputation: Companies that have been in business for many years 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.
- Installation Process: Make sure you’re on the same page with the company with regard to how the installation process will go and what needs to be done before your solar panels are installed, such as updating your electrical system or roof.
- Contract: Though reading through a contract can take a lot of time, it’s important to do it carefully so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
EcoWatch's Glenn Dale, MD Solar Cost FAQs
How much does it cost to install solar panels in Glenn Dale?
This is a hard question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $17,700 for a 5-kW system and $35,400 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Glenn Dale?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
Can solar panels eliminate my electricity bills?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $784.40 per year.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can decide to replace them after having 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.