Solar Panel Cost Guide in Woodlawn, MD (Feb 2023)
- Woodlawn Solar Installation Cost: $10,839
- 25-Year Savings: $10,055
- Payback Period: 13.0 Years
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Top Solar Installers in Woodlawn
When going solar, many homeowners decide to go with a solar company since installing solar panels yourself can be a difficult project. The expertise that solar companies provide can be useful as well, particularly if you don't quite know what type of solar equipment you need.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
See all of the solar companies in Woodlawn
Factors that Affect Solar Panel Costs in Woodlawn
The cost of installing a solar system in Woodlawn can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar company you choose.
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. That's why it's important to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use. There are a lot of different solar panel brands and the one you pick also changes the cost. In general, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you're looking to install 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
Many homeowners find the average cost of solar in Woodlawn to be too steep, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides financing options. Solar loans substantially decrease upfront costs in most cases, but they also result in paying more over time due to interest. However, the interest on solar loans also increases your all-in costs, so it's important to keep that in mind as well. You can always lower the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
Finally, the company you get to install your solar panels can play a part in determining your pricing. Woodlawn's solar companies all have different labor costs and add varying upcharges to equipment. Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and decide on the company that provides the products, warranties and services you're looking for and also is within 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||$2.88||$12,099||$10,331||13.5 years|
|8 kW||$2.83||$15,822||$14,085||13.2 years|
|10 kW||$2.77||$19,390||$17,995||13.0 years|
|12 kW||$2.71||$22,803||$22,059||12.7 years|
|14 kW||$2.66||$26,060||$26,278||12.4 years|
|16 kW||$2.60||$29,163||$30,653||12.2 years|
|18 kW||$2.55||$32,110||$35,182||11.9 years|
|20 kW||$2.49||$34,902||$39,867||11.7 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:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to get the job done well. Another way you can check your installer's reputation is by reading reviews.
- Contract: Look through the contract terms closely to make sure you understand the overall cost, completion timeline incentives and warranties.
- Installation Process: Make sure you're aligned with the company regarding how the installation process will go and what you need to do before your solar panels are installed, such as repairing your electrical system or roof.
- Solar Panel Brands: Different companies offer different brands and models of panels. If you prefer a specific brand, make sure the solar company you're considering has it.
EcoWatch's Woodlawn, 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.