Solar Panel Cost Guide in Robinwood, MD (Mar 2023)
- Robinwood Solar Installation Cost: $11,072
- 25-Year Savings: $5,282
- Payback Period: 16.9 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Robinwood
We break down average solar pricing in Robinwood.
Although the national average of solar panels is $2.66 per watt, solar panels in Robinwood generally cost about 2.77. The average solar panel system size in Robinwood is around 5.7 kilowatts, meaning a cost of about $11,072 for a solar installation, or $15,833 before the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll pay for solar will differ based on your household energy use, the type of solar panels you want, your solar contractor and more. For many homeowners, the upfront investment in solar panels is worth paying. On average you could be looking at about $11,000 in savings on electricity bills over 20 years.
To get a free estimate from a pre-vetted solar installer in Robinwood, you can click the button below.
Solar savings over time in Robinwood
| Year | Return on Investment |
|---|---|
| 1 years | $-10,418 |
| 3 years | $-9,109 |
| 5 years | $-7,801 |
| 7 years | $-6,493 |
| 9 years | $-5,184 |
| 11 years | $-3,876 |
| 13 years | $-2,568 |
| 15 years | $-1,259 |
| 17 years | $49 |
| 19 years | $1,357 |
| 21 years | $2,665 |
| 23 years | $3,974 |
| 25 years | $5,282 |
Top Solar Installers in Robinwood
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Using an installer can make your swap to solar power much easier. The payback period on an investment in solar panels will vary based on factors like your roof configuration and energy consumption, but working with a solar company can help you reach a break-even point sooner. Your provider will be able to help you get the most out of incentives available in your area.
There are a number of licensed solar professionals that can help you install your solar panels. Here are our suggestions:
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 Robinwood
Factors that Affect Solar Panel Costs in Robinwood
For many Robinwood homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Robinwood, with typical prices between $20,000 to $40,000. There are several factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar panel system in Robinwood, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy usage, which you can determine by looking at past power bills. Your total cost can increase by about $2,770 for each additional kilowatt you need. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Robinwood, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are available from most installers in Robinwood, which can reduce, or in some cases eliminate, your upfront costs to make solar more affordable. However, the interest on solar loans also increases your total costs, so it's crucial to take that into consideration as well. You can always bring down the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panel system can influence how much you pay. Robinwood's solar companies all have different labor costs and add varying upcharges to equipment. The size of the company sometimes plays the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of greater 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 discount can bring their pricing down to compete with bigger companies.
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 | $5,085 | 17.6 years |
| 8 kW | $2.83 | $15,822 | $7,090 | 17.3 years |
| 10 kW | $2.77 | $19,390 | $9,250 | 16.9 years |
| 12 kW | $2.71 | $22,803 | $11,566 | 16.6 years |
| 14 kW | $2.66 | $26,060 | $14,036 | 16.2 years |
| 16 kW | $2.60 | $29,163 | $16,662 | 15.9 years |
| 18 kW | $2.55 | $32,110 | $19,443 | 15.6 years |
| 20 kW | $2.49 | $34,902 | $22,379 | 15.2 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Warranty: Many companies offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: The brand of solar panel you want to get plays a part in which company you should go with, since different companies have access to different panels.
- Contract: Before signing a contract with a solar company, make sure you read it through carefully so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
- Reputation: Long-standing companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
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 Robinwood, MD Solar Cost FAQs
What is the average cost of installing solar panels in Robinwood?
The average cost of solar panels in Robinwood 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 stuff like the kind of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to keep in mind when buying solar panels?
Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Robinwood?
Solar panels can be a good investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already pretty low, solar panels might not be for you.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually 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.