Solar Panel Cost Guide in North Berwick, ME (2024 Update)

  • North Berwick Solar Installation Cost: $13,737
  • 25-Year Savings: $12,405
  • Payback Period: 15.2 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated April 21, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in North Berwick

Let’s have a look at the average cost of solar in North Berwick.

Although the national average of solar panels is $2.66 per watt, solar panels in North Berwick generally cost about 4.The average North Berwick homeowner needs a 5.2-kilowatt system, which would cost about $13,737 with the federal tax credit, or $19,644 before the 0 tax credit is applied.

Keep in mind that the figures above are only estimates based on the average energy use of North Berwick homeowners. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.Despite the significant initial cost, the average North Berwick homeowner can save around $17,000 on their power bills over 20 years, which is one of the perks of solar.

To see your potential savings and connect with a local solar expert, click the button below.

Solar savings over time in North Berwick

YearReturn 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 North Berwick

Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can use up a lot of your time and energy. Using a solar company can make switching to solar power much easier. Plus, warranties and repairs from your solar panel company can protect your investment and bring down the cost of maintenance over time.

There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:

Best Technology

Tesla Energy

★★★★★
3.2
  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

See all of the solar companies in North Berwick

Factors that Affect Solar Panel Costs in North Berwick

The cost of installing a solar system in North Berwick 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 equipment choices, financing options and the solar installer you choose.

Solar Equipment

The size of the solar panel 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 about $3,800. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for 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 over time on your power bills. In addition, add-on products, such as solar batteries, can bump up your total well above the North Berwick average.

Solar Financing Terms

For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are offered by most installers in North Berwick, which can lower, or in some cases completely eliminate, your upfront costs to make solar more affordable.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you can only 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 interest rate could reduce your costs considerably.

Solar Panel Installation Company

Finally, the company you opt for to install your solar panels can play a part in determining how much it costs. North Berwick’s solar companies all have different labor costs and add varying upcharges to equipment. The company’s size sometimes plays the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to 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 discount can bring their pricing lower to compete with bigger names.

Solar Panel Cost Data by System Size

System sizeCost per system wattSolar system cost25-Year savingsPayback period
6 kW$3.95$16,598$9,70015.8 years
8 kW$3.88$21,706$13,35915.5 years
10 kW$3.80$26,600$17,23115.2 years
12 kW$3.72$31,282$21,31614.9 years
14 kW$3.65$35,750$25,61314.6 years
16 kW$3.57$40,006$30,12314.3 years
18 kW$3.50$44,050$34,84614.0 years
20 kW$3.42$47,880$39,78213.7 years

How to Save on Solar Panels

There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:

  • Contract: Before you sign a contract with a solar installer, be sure to look it over fully so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
  • Solar Panel Brands: The model of solar panel you’d like to get plays a role in which company you should opt for, since different companies offer different panels.
  • Warranty: Each company may offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
  • Reputation: Your solar installer should have a sound reputation as a company and have verifiable 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 satisfied reviews from previous customers.

Best Technology

Tesla Energy

★★★★★
3.2
  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

EcoWatch's North Berwick, ME Solar Cost FAQs

How much does it cost to install solar panels in North Berwick?

The average cost of solar panels in North Berwick is about $19,000 for a 5-kW system and $38,000 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you consume.

Can you get solar panels for free in North Berwick?

Solar panels aren’t free in North Berwick, 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 can help lower the cost.

How much can I save on energy bills after installing solar panels?

It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout North Berwick, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.

What solar power system size is right for my home?

To figure out what solar panel system size you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.

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.