Solar Panel Cost Guide in Mitchellville, MD (2025 Update)
- Mitchellville Solar Installation Cost: $13,517
- 25-Year Savings: $11,117
- Payback Period: 15.6 Years
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Average Cost of Solar Panels in Mitchellville
Let’s take a look at the average cost of solar in Mitchellville.
The national average cost of solar panels is $2.66 per watt, but in Mitchellville it’s 4 per watt.Because a 5.5-kW system is needed to cover the energy needs of a typical home in Mitchellville, the average price of going solar will be about $13,517 after claiming the federal solar tax credit of 0.
These figures are only estimates, and how much solar costs for you will most likely look different based on your specific situation and what company you want to go with.For many homeowners, the upfront cost of solar panels is worth paying. On average you could be looking at about $15,000 in savings on electricity bills over 20 years.
To get a free estimate from a highly rated solar company in Mitchellville, you can click the button below.
Solar savings over time in Mitchellville
| 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 Mitchellville
Although you can install solar panels by yourself, it involves extra time and know-how. That's why the majority of homeowners choose a solar panel installer. The payback period on a solar system will vary depending on factors like your roof configuration and energy usage, but working with a solar installer can shorten that period. Your provider will be able to help you identify incentives available in your area.
There are several licensed solar professionals that can help you install your solar panels. Here are our suggestions:
See all of the solar companies in Mitchellville
Factors that Affect Solar Panel Costs in Mitchellville
There are a number of criteria that can play into your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
When it comes to estimating the cost of a solar energy system in Mitchellville, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy usage, which you can gauge by looking at past electricity bills. Your overall cost can increase by about $3,540 for each additional kilowatt you need.The model of solar panels and equipment you choose is another factor that will greatly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more expensive. Furthermore, solar equipment consists of more than just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that’s in your budget.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are offered by most installers in Mitchellville, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible.It’s a good idea to include the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
The solar company you opt for to handle your switch to sustainable energy can play a part in your total costs. There are about 3 solar panel companies in Mitchellville, and each can charge varying amounts for labor and equipment.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and decide on the company that has the products, warranties and services you want and also fit into 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 | $8,399 | 16.2 years |
| 8 kW | $3.61 | $20,220 | $11,595 | 15.9 years |
| 10 kW | $3.54 | $24,780 | $14,990 | 15.6 years |
| 12 kW | $3.47 | $29,141 | $18,582 | 15.3 years |
| 14 kW | $3.40 | $33,304 | $22,373 | 15.0 years |
| 16 kW | $3.33 | $37,269 | $26,362 | 14.6 years |
| 18 kW | $3.26 | $41,036 | $30,550 | 14.3 years |
| 20 kW | $3.19 | $44,604 | $34,935 | 14.0 years |
How to Save on Solar Panels
Since the kind of solar panels and the company you choose significantly impacts your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Warranty: If you care about the longevity of your solar panel system, making sure your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Installation Process: When going solar, it’s crucial to maintain an open line of communication with your solar company. Make sure you understand how the installation process works and the project completion timeline.
- Solar Panel Brands: The model of solar panel you need plays a part in which company you should go with, since different companies offer different panels.
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
EcoWatch's Mitchellville, MD Solar Cost FAQs
What is the average cost of installing solar panels in Mitchellville?
This is a tough question to answer precisely, because the cost depends on many factors. Broadly 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 higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Are solar panels free in Mitchellville?
You can’t get solar panels for free in Mitchellville. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Does Mitchellville have a net metering program?
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 offer you credit toward your future power bills.
How long do solar panels last in Mitchellville?
Though 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 the amount of energy they produce will have decreased significantly after that point. You can opt 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.