Solar Panel Cost Guide in Westphalia, MD (2024 Update)
- Westphalia Solar Installation Cost: $13,517
- 25-Year Savings: $11,327
- Payback Period: 15.4 Years
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Average Cost of Solar Panels in Westphalia
Let’s take a look at the average cost of solar panels in Westphalia.
The average cost of a solar system in Westphalia is 4 per watt.Because a 5.5-kW system is needed to cover the energy usage of a typical home in Westphalia, the average price of going solar will be about $13,517 after claiming the federal solar tax credit of 0.
The true cost of your system can be higher or lower than the average in Westphalia depending on a variety of factors, such as the model of solar panels you choose and the solar company you hire.Even with the significant upfront cost, the average Westphalia homeowner can save around $15,000 on their power bills over 20 years, which is one of the advantages of solar.
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 Westphalia
Year | Return on Investment |
---|---|
1 years | $-11,957 |
3 years | $-8,836 |
5 years | $-5,716 |
7 years | $-2,596 |
9 years | $525 |
11 years | $3,645 |
13 years | $6,766 |
15 years | $9,886 |
17 years | $13,007 |
19 years | $16,127 |
21 years | $19,247 |
23 years | $22,368 |
25 years | $25,488 |
Top Solar Installers in Westphalia
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can take a lot of hard work. Taking advantage of a solar company can make switching to solar power much easier. Because solar panels are exposed to rain, snow, hail and wind, depending on the climate, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
There are several licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Westphalia
Factors that Affect Solar Panel Costs in Westphalia
The cost of installing a solar system in Westphalia can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
When it comes to estimating the price of solar panels in Westphalia, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy usage, which you can figure out by looking at past energy bills. Your total cost can increase by about $3,540 for each additional kilowatt you need.The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your energy bills. In addition, add-on products, such as solar batteries, can bump up your total well above the Westphalia average.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That’s why many Westphalia homeowners choose to finance their solar panel systems to make paying for solar more affordable.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The last key cost factor you should consider is the installer you choose. Given the booming popularity of sustainable energy solutions in Westphalia, you’ll have a great number of options to choose from, but each comes at different price points for labor and equipment.Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and find a company that provides the products, warranties and services you’re looking for and also fit into your budget.
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 | $8,630 | 16.0 years |
8 kW | $3.61 | $20,220 | $11,903 | 15.7 years |
10 kW | $3.54 | $24,780 | $15,375 | 15.4 years |
12 kW | $3.47 | $29,141 | $19,044 | 15.1 years |
14 kW | $3.40 | $33,304 | $22,912 | 14.8 years |
16 kW | $3.33 | $37,269 | $26,978 | 14.5 years |
18 kW | $3.26 | $41,036 | $31,243 | 14.2 years |
20 kW | $3.19 | $44,604 | $35,705 | 13.9 years |
How to Save on Solar Panels
There are many companies to choose from in Westphalia, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Warranty: An all-inclusive, 25-year warranty can help keep your solar panels running for a long time and save you money on repairs and maintenance.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like the EcoWatch team.
- Contract: Even though reading through a contract can be tedious, it’s important to do it fully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Solar Panel Brands: The kind of solar panel you want plays a part in which company you should opt for, since different companies have different panels.
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Westphalia, MD Solar Cost FAQs
How much does it cost to install solar panels in Westphalia?
This is a hard question to answer precisely, because the cost depends on a variety of 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. It will be more expensive if you want additional solar equipment or higher quality panels, or if you have above-average energy usage. Conversely, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Are solar panels free in Westphalia?
You can’t get solar panels for free in Westphalia. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Westphalia?
Solar panels can be a beneficial investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get enough 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?
The exact number of solar panels you need depends on your household energy usage and the average daily sunlight your roof gets. You can 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 buy between 20 and 35 panels to cover 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.