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

  • North Windham Solar Installation Cost: $13,948
  • 25-Year Savings: $12,247
  • Payback Period: 15.4 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 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 Windham

We go over average solar pricing in North Windham.

The average cost of solar panels in North Windham is 4 per watt.Using this figure, a typical 5.2-kW system would cost about $13,948 before the 0 federal solar tax credit is applied.

The true cost of your system can go above or below the average in North Windham depending on several factors, such as the type of solar panels you choose and the solar installer you hire.Despite the large initial cost, the average North Windham homeowner can save about $16,000 on their electricity bills over 20 years, which is one of the perks of solar.

You can click the button below to get connected with a top solar company in North Windham for a quote for your home.

Solar savings over time in North Windham

Year Return on Investment
1 years $-12,810
3 years $-10,534
5 years $-8,257
7 years $-5,981
9 years $-3,704
11 years $-1,428
13 years $849
15 years $3,125
17 years $5,402
19 years $7,678
21 years $9,955
23 years $12,231
25 years $14,508

Top Solar Installers in North Windham

Many homeowners opt for a solar panel installer since trying to install solar panels yourself can be a lot of work. Another good thing about choosing a reliable solar installer is that it'll usually provide warranties and free repairs, which help protect your investment.

If you're looking for a solar installer in North Windham, we've compiled a list of our top suggestions here:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

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 Windham

Factors that Affect Solar Panel Costs in North Windham

For many North Windham homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in North Windham, with typical prices between $20,000 to $40,000. There are a few factors that greatly influence the price you’ll pay, which we'll go over below.

Solar Equipment

System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. That’s why it’s crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs.The model of solar panels and equipment you choose is another factor that will largely influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Furthermore, solar equipment is more than just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when researching a solar system that’s in your budget.

Solar Financing Terms

For some homeowners, paying for solar out of pocket can be challenging. Solar loans are available from most installers in North Windham, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more affordable.When figuring out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more upfront can reduce the total interest paid over time.

Solar Panel Installation Company

The last significant cost factor you should take into consideration is the installer you choose. Given the booming popularity of clean energy solutions in North Windham, you’ll have lots 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 cost more. It’s best to do some research and go with 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 $3.95 $16,598 $9,301 16.0 years
8 kW $3.88 $21,706 $12,827 15.7 years
10 kW $3.80 $26,600 $16,565 15.4 years
12 kW $3.72 $31,282 $20,517 15.1 years
14 kW $3.65 $35,750 $24,681 14.8 years
16 kW $3.57 $40,006 $29,058 14.5 years
18 kW $3.50 $44,050 $33,648 14.2 years
20 kW $3.42 $47,880 $38,451 13.9 years

How to Save on Solar Panels

There are many companies available in North Windham, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:

  • Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. Even though there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so make sure you take a look at their list of offerings before deciding.
  • Contract: Before signing a contract with a solar installer, be sure to look it over fully so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what the warranty covers and what services you can expect from them.
  • Installation Process: When making the switch to solar, it’s necessary to maintain an open line of communication with your solar company. Make sure you understand how the installation process works and the completion timeline.
  • Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

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 Windham, ME Solar Cost FAQs

What is the average cost of installing solar panels in North Windham?

The average cost of solar panels in North Windham 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 things like the kind of solar panels you want, what size system you need and how much energy you consume.

Is it better to lease or buy solar panels in North Windham?

Leasing solar panels can be an option if you can’t afford to pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.

Does North Windham have a net metering program?

Most states offer net metering programs of some kind. Through these, you can either get paid for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.

How long do solar panels last in North Windham?

On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger 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.

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.

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