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Top Solar Installers in Spring Ridge
Although it's possible to install solar panels by yourself, it requires extra time and knowledge. For that reason, most people choose a solar panel installer. Some solar installers, particularly local ones, can help you make the most of incentives in Spring Ridge, therefore optimizing your ROI.
If you're searching for a solar installer in Spring Ridge, we've organized a list of our top suggestions here:
See all of the solar companies in Spring Ridge
Factors that Affect Solar Panel Costs in Spring Ridge
Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few key factors that will push your cost above or below the average in Spring Ridge: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
One of the most important factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to pay around $2,770 per kilowatt in Spring Ridge. There are a lot of different solar panel brands and the one you pick also affects the cost. In general, the brands that offer higher efficiency tend to also be more expensive. Additionally, the type of equipment you're looking to get can affect your total cost. If you only 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 installers in Spring Ridge have solar loans, which reduce the initial cost of installing solar. However, the interest on solar loans also adds to your all-in costs, so it's vital to include that in your estimate as well. You can always lower the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Spring Ridge is the company you get to install your solar system. Similar to choosing a company to build a deck or pool, for example, there are plenty of solar installers that offer a range of services at different costs. You may see national solar installers that have lower prices due to their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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||$5,181||17.5 years|
|8 kW||$2.83||$15,822||$7,218||17.2 years|
|10 kW||$2.77||$19,390||$9,410||16.8 years|
|12 kW||$2.71||$22,803||$11,758||16.5 years|
|14 kW||$2.66||$26,060||$14,260||16.2 years|
|16 kW||$2.60||$29,163||$16,918||15.8 years|
|18 kW||$2.55||$32,110||$19,730||15.5 years|
|20 kW||$2.49||$34,902||$22,698||15.1 years|
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be difficult, we have some tips to help you, such as:
- Contract: Although reading through a contract can take a lot of time, it's important to do it fully so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Warranty: If you're concerned about the endurance of your solar panel system, verifying that your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. Two 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 satisfied reviews from previous customers.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose has an impact on which solar panel brands you have access to.
EcoWatch's Spring Ridge, 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.