Solar Panel Cost Guide in Seabrook, MD (Feb 2023)
- Seabrook Solar Installation Cost: $10,568
- 25-Year Savings: $11,526
- Payback Period: 12.0 Years
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Top Solar Installers in Seabrook
Many homeowners opt for a solar installation company since trying to install solar panels by yourself can be hard. Some solar companies, particularly local ones, can help you take advantage of incentives in Seabrook, thereby optimizing your ROI.
Working with a licensed solar company can help your solar project go smoothly. Here are our recommendations:
See all of the solar companies in Seabrook
Factors that Affect Solar Panel Costs in Seabrook
Though the average cost of a solar system in Seabrook is $10,568, your actual cost may be higher or lower than that. There are quite a few factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more important things to consider.
The size of the solar system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $2,770. The brand and kind of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be a challenge. Solar loans are provided by most installers in Seabrook, 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 important to take that into consideration 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 opt for to install your solar panels can affect the cost. Seabrook'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 your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of more resources and better 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 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||$12,202||12.4 years|
|8 kW||$2.83||$15,822||$16,580||12.2 years|
|10 kW||$2.77||$19,390||$21,113||12.0 years|
|12 kW||$2.71||$22,803||$25,801||11.7 years|
|14 kW||$2.66||$26,060||$30,644||11.5 years|
|16 kW||$2.60||$29,163||$35,642||11.3 years|
|18 kW||$2.55||$32,110||$40,795||11.0 years|
|20 kW||$2.49||$34,902||$46,104||10.8 years|
How to Save on Solar Panels
Since the model of solar panels and the company you choose considerably impacts your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: Your solar installer should have a good reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Contract: It's important to look over your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system's energy production.
- Warranty: An all-inclusive, long-term warranty can help keep your solar system running smoothly and save you money on part replacement and repairs.
- Solar Panel Brands: The kind of solar panel you want to install plays a part in which company you should choose, since different companies have different panels.
EcoWatch's Seabrook, MD Solar Cost FAQs
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.