Solar Panel Cost Guide in Scaggsville, MD (2024 Update)
- Scaggsville Solar Installation Cost: $13,837
- 25-Year Savings: $10,067
- Payback Period: 16.6 Years
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Average Cost of Solar Panels in Scaggsville
Let’s have a look at the average cost of solar panels in Scaggsville.
While the national average of solar panels is $2.66 per watt, solar panels in Scaggsville typically cost around 4.The average solar panel system size in Scaggsville is around 5.6 kilowatts, meaning a cost of about $13,837 for a solar installation, or $19,787 before the 0 federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy needs, the type of solar system 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 $14,000 in savings on electricity bills over 20 years.
For a free quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Scaggsville
| Year | Return on Investment |
|---|---|
| 1 years | $-12,422 |
| 3 years | $-9,594 |
| 5 years | $-6,765 |
| 7 years | $-3,936 |
| 9 years | $-1,107 |
| 11 years | $1,721 |
| 13 years | $4,550 |
| 15 years | $7,379 |
| 17 years | $10,208 |
| 19 years | $13,036 |
| 21 years | $15,865 |
| 23 years | $18,694 |
| 25 years | $21,523 |
Top Solar Installers in Scaggsville
Installing solar panels yourself can be a stressful undertaking, which is why hiring a solar installation company is a good option for many homeowners. The expertise that solar companies offer can be invaluable as well, especially if you aren’t sure what type of solar equipment you need.
If you're looking for a solar company in Scaggsville, we've organized a list of our top suggestions here:
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
See all of the solar companies in Scaggsville
Factors that Affect Solar Panel Costs in Scaggsville
For many Scaggsville homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Scaggsville, with typical prices between $20,000 to $40,000. There are several factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the cost of a solar system in Scaggsville, 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 gauge by looking at past power bills. Your total cost can increase by about $3,540 for each additional kilowatt you need.There are a lot of different solar panel brands and the one you choose also affects the cost. Usually, the brands that are more efficient tend to also cost more. In addition, the type of equipment you’re looking to get can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in Scaggsville provide solar loans, which reduce the initial cost of installing solar.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
Finally, the company you choose to install your solar panel system can affect how much you pay. Scaggsville’s solar companies all have different labor costs and add varying upcharges to equipment. The company’s size can sometimes play the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion 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 | $3.68 | $15,463 | $6,988 | 17.2 years |
| 8 kW | $3.61 | $20,220 | $9,714 | 16.9 years |
| 10 kW | $3.54 | $24,780 | $12,639 | 16.6 years |
| 12 kW | $3.47 | $29,141 | $15,761 | 16.2 years |
| 14 kW | $3.40 | $33,304 | $19,082 | 15.9 years |
| 16 kW | $3.33 | $37,269 | $22,601 | 15.6 years |
| 18 kW | $3.26 | $41,036 | $26,318 | 15.2 years |
| 20 kW | $3.19 | $44,604 | $30,233 | 14.9 years |
How to Save on Solar Panels
The solar company you go with will impact not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should consider, including:
- Installation Process: Make sure you’re aligned with the company in regard to how the installation process will go and what needs to be done before your solar system is installed, such as updating or replacing your electrical system or roof.
- Solar Panel Brands: The type of solar panel you want to install plays a part in which installer you should opt for, since different companies offer different panels.
- Contract: Look through the contract terms carefully to make sure you understand the cost breakdown, project completion timeline incentives and warranties.
- Warranty: Warranties that cover replacement parts and repairs over a couple decades are the best you can get in the business, and offering such a warranty is one indication of a quality company.
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
Solar Veteran
Trinity Solar
- Many financing options
- Family-owned and -operated
- Makes charitable contributions
- Limited service area
- Relatively short workmanship warranty
EcoWatch's Scaggsville, MD Solar Cost FAQs
What is the average cost of installing solar panels in Scaggsville?
This is a hard question to answer exactly, because the cost depends on a few different 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. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on power bills after installing solar panels?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Scaggsville, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to account for their typical energy usage.
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.