Solar Panel Cost Guide in Perryville, MD (Mar 2023)
- Perryville Solar Installation Cost: $10,781
- 25-Year Savings: $11,652
- Payback Period: 12.0 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Perryville
Find out what the average cost of installing solar panels is in Perryville.
The national average cost of solar panels is $2.66 per watt, but in Perryville it's 2.77 per watt. Since a 5.6-kW system is needed to cover the energy costs of a typical home in Perryville, the average price of going solar will be about $10,781 after claiming the federal solar tax credit of 30%.
These figures are only estimates, and your own solar costs will differ based on your specific situation and what company you choose to go with. With typical savings of about $15,000 on utility bills over 20 years, many homeowners in Perryville find going solar can pay off big.
For a free quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Perryville
| Year | Return on Investment |
|---|---|
| 1 years | $-9,884 |
| 3 years | $-8,089 |
| 5 years | $-6,294 |
| 7 years | $-4,500 |
| 9 years | $-2,705 |
| 11 years | $-910 |
| 13 years | $884 |
| 15 years | $2,679 |
| 17 years | $4,473 |
| 19 years | $6,268 |
| 21 years | $8,063 |
| 23 years | $9,857 |
| 25 years | $11,652 |
Top Solar Installers in Perryville
Although you can install solar panels yourself, it requires extra time and know-how. For that reason, most homeowners choose a solar panel installer. Also, companies with an outstanding reputation that are more expensive upfront could actually save you money in the long run with their warranties, repair services and expert design.
If you're looking for a solar company in Perryville, we've compiled a list of our top suggestions here:
Best Technology
Tesla Energy
- 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
See all of the solar companies in Perryville
Factors that Affect Solar Panel Costs in Perryville
Even though the average cost of a solar system in Perryville is $10,781, your final cost may differ. There are several factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more important things to consider.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production 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 $2,770. There are many different solar panel brands and the one you choose also changes the cost. Typically, the brands that offer higher efficiency tend to also cost more. Additionally, 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
Most solar companies in Perryville have solar loans, which reduce your upfront costs of installing solar. However, the interest on solar loans also adds to your all-in costs, so it's crucial to consider that as well. You can always bring down the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
Finally, the company you choose to install your solar panels can impact the cost. Perryville's solar companies all have different labor costs and add varying upcharges to equipment. The company's size can sometimes play the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because they have more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger names.
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 | $12,095 | 12.5 years |
| 8 kW | $2.83 | $15,822 | $16,436 | 12.3 years |
| 10 kW | $2.77 | $19,390 | $20,933 | 12.0 years |
| 12 kW | $2.71 | $22,803 | $25,585 | 11.8 years |
| 14 kW | $2.66 | $26,060 | $30,393 | 11.5 years |
| 16 kW | $2.60 | $29,163 | $35,355 | 11.3 years |
| 18 kW | $2.55 | $32,110 | $40,472 | 11.1 years |
| 20 kW | $2.49 | $34,902 | $45,745 | 10.8 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years most likely offer good-quality solar panel installation and expertise.
- Solar Panel Brands: The type of solar panel you want plays a part in which installer you should go with, since different companies have access to different panels.
- Contract: It's important to read through your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- Installation Process: When making the switch to solar, it's important to maintain an open line of communication with your solar company. Confirm that you understand how the installation process works and the project timeline.
Best Technology
Tesla Energy
- 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
EcoWatch's Perryville, MD Solar Cost FAQs
How much does it cost to install solar panels in Perryville?
The average cost of solar panels in Perryville 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 stuff like the kind of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Perryville?
A solar panel system isn't free in Perryville, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Does Perryville have a net metering program?
Most states offer net metering programs of some kind. Through these, you can be compensated for the extra power your system produces 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.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.