Solar Panel Cost Guide in Maryland City, MD (Feb 2023)

  • Maryland City Solar Installation Cost: $10,354
  • 25-Year Savings: $10,540
  • Payback Period: 12.4 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 20, 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 Maryland City

Here's how much it might cost to make the switch to solar in Maryland City.

Although the national average of solar panels is $2.66 per watt, solar panels in Maryland City typically cost about $3. The average Maryland City homeowner needs a 5.3-kilowatt system, which would cost about $10,354, or $7,662 after the federal solar tax credit of 30% is applied.

These figures are only averages, and the cost of going solar for you will most likely vary based on factors unique to your home and what company you choose to go with. Many homeowners find going solar is a fruitful investment. The average homeowner in Maryland City can save about $15,000 on their energy bills over 20 years.

To get a free estimate from a vetted solar company in Maryland City, you can click the button below.

Solar savings over time in Maryland City

Year Return on Investment
1 years $-9,518
3 years $-7,847
5 years $-6,175
7 years $-4,504
9 years $-2,832
11 years $-1,161
13 years $511
15 years $2,182
17 years $3,854
19 years $5,525
21 years $7,197
23 years $8,868
25 years $10,540

Top Solar Installers in Maryland City

Many homeowners opt for a solar installer since trying to put up solar panels by yourself can be challenging. Some solar installers, particularly local ones, can help you make the most of incentives in Maryland City, optimizing your ROI.

If you're on the hunt for a solar company in Maryland City, the EcoWatch team has organized a list of our top suggestions here:

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 Technology

Tesla Energy

★★★★★
4.5

  • 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

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

See all of the solar companies in Maryland City

Factors that Affect Solar Panel Costs in Maryland City

There are several criteria that can affect 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 panels.

Solar Equipment

The size of the solar system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,770. There are several different solar panel brands and the one you choose also affects the cost. Usually, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you're looking to install can affect your total cost. If you only need panels, your system will be far 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 time, but they can also be a significant investment. That's why many Maryland City homeowners opt to finance their solar panel systems to offset upfront costs. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.

Solar Panel Installation Company

Lastly, the company you hire to install your solar system can impact your pricing. Maryland City's solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Maryland City have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you 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 $11,357 12.9 years
8 kW $2.83 $15,822 $15,453 12.6 years
10 kW $2.77 $19,390 $19,704 12.4 years
12 kW $2.71 $22,803 $24,110 12.2 years
14 kW $2.66 $26,060 $28,671 11.9 years
16 kW $2.60 $29,163 $33,387 11.7 years
18 kW $2.55 $32,110 $38,259 11.4 years
20 kW $2.49 $34,902 $43,285 11.2 years

How to Save on Solar Panels

There are a large number of companies to choose from in Maryland City, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:

  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to install your solar system. Another way you can look into your installer's reputation is by reading reviews.
  • Contract: Before you sign a contract with a solar company, make sure to read it through fully so you understand the terms. Also, ask questions if you're not certain about some of the terms, such as what to do if a component breaks or malfunctions and if there are any guarantees about energy production.
  • Solar Panel Brands: The kind of solar panel you need plays a part in which installer you should choose, since different companies have different panels.
  • Warranty: If you care about the endurance of your solar panel system, ensuring your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.

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 Technology

Tesla Energy

★★★★★
4.5

  • 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

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

EcoWatch's Maryland City, MD Solar Cost FAQs

What is the average cost of installing solar panels in Maryland City?

The average cost of solar panels in Maryland City 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 things like the type of solar panels you want, what size system you need and how much energy you use.

What other factors should I consider aside from cost when buying solar panels?

Cost is a very important factor to consider, but whether it's the most important for you depends on your goals for going solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.

Is it worth going solar in Maryland City?

Solar panels can be a beneficial investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already reasonably low, solar panels might not be for you.

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 goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level 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.

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