Solar Panel Cost Guide in Arundel, ME (2025 Update)
- Arundel Solar Installation Cost: $13,737
- 25-Year Savings: $13,291
- Payback Period: 14.6 Years
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Average Cost of Solar Panels in Arundel
Let’s take a look at the average cost of solar panels in Arundel.
The national average cost of solar panels is $2.66 per watt, but in Arundel it’s 4 per watt.The average solar panel system size in Arundel is around 5.2 kilowatts, meaning a cost of about $13,737 for a solar installation, or $19,644 before the 0 federal solar tax credit is applied.
The true price you pay can be above or below the average in Arundel based on a few factors, such as the type of solar panels you choose and the solar contractor you hire.For most homeowners, the upfront investment in solar panels is worth paying. On average Arundel homeowners see about $17,000 in savings on electricity bills over 20 years.
To get a free estimate from a pre-vetted solar installer in Arundel, you can click the button below.
Solar savings over time in Arundel
| Year | Return on Investment |
|---|---|
| 1 years | $-12,598 |
| 3 years | $-10,322 |
| 5 years | $-8,045 |
| 7 years | $-5,769 |
| 9 years | $-3,492 |
| 11 years | $-1,216 |
| 13 years | $1,061 |
| 15 years | $3,337 |
| 17 years | $5,614 |
| 19 years | $7,890 |
| 21 years | $10,167 |
| 23 years | $12,443 |
| 25 years | $14,720 |
Top Solar Installers in Arundel
Although it's possible to install solar panels on your own, it involves extra effort and expertise. That's why the majority of homeowners choose a solar panel installer. The payback period on a solar system will vary depending on factors like your location and energy usage, but going with a solar installer can help you reach a break-even point sooner. Your provider will be able to help you get the most out of incentives available in your area.
There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
See all of the solar companies in Arundel
Factors that Affect Solar Panel Costs in Arundel
Cost is typically one of the most important factors for homeowners who want to invest in solar. There are a few key factors that affect your total cost in Arundel: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. Because of that, it’s important to accurately ascertain 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 choose also affects the cost. Typically, the brands that have better efficiency tend to also be more expensive. In addition, the type of equipment you choose can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for a solar system out of pocket is difficult, solar loans are an affordable route because they cut back your upfront costs and let you pay for your system over five to seven years on average.However, the interest on solar loans also increases your all-in costs, so it’s important to take that into consideration as well. You can always reduce the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panel system can influence the cost. Arundel’s solar companies all have different labor costs and add varying upcharges to equipment. You may come across national solar installers that have lower prices due to their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.95 | $16,598 | $10,730 | 15.2 years |
| 8 kW | $3.88 | $21,706 | $14,732 | 14.9 years |
| 10 kW | $3.80 | $26,600 | $18,947 | 14.6 years |
| 12 kW | $3.72 | $31,282 | $23,375 | 14.3 years |
| 14 kW | $3.65 | $35,750 | $28,016 | 14.0 years |
| 16 kW | $3.57 | $40,006 | $32,869 | 13.7 years |
| 18 kW | $3.50 | $44,050 | $37,935 | 13.4 years |
| 20 kW | $3.42 | $47,880 | $43,214 | 13.1 years |
How to Save on Solar Panels
There are numerous companies available in Arundel, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, durability and energy efficiency. They will come at different costs as well. The company you choose impacts which solar panel brands you have access to.
- Contract: Before signing a contract with a solar installer, be sure to look it over carefully so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should secure and how long the project will take.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a couple decades are the gold standard in the business, and offering such a warranty is one indication of a good company.
EcoWatch's Arundel, ME Solar Cost FAQs
How much does it cost to install solar panels in Arundel?
The average cost of solar panels in Arundel is about $19,000 for a 5-kW system and $38,000 for a 10-kW system before the ITC, but the actual cost will depend on things such as the kind of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Arundel?
A solar panel system isn’t free in Arundel, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How much can I save on power bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $910.94 per year.
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.