Solar Panel Cost Guide in Presque Isle, ME (2025 Update)
- Presque Isle Solar Installation Cost: $15,252
- 25-Year Savings: $9,789
- Payback Period: 18.0 Years
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Average Cost of Solar Panels in Presque Isle
See how much it might cost to make the switch to solar in Presque Isle.
In Presque Isle, solar panels cost about 4 per watt on average.The average Presque Isle homeowner needs a 5.7-kilowatt system, which would cost about $15,252 with the federal tax credit, or $21,810 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The exact cost of going solar can vary quite a bit based on a few factors, such as what size system you need, your energy usage and what solar installer you go with.Even with the large initial cost, the average Presque Isle homeowner can save about $15,000 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 vetted solar installer in Presque Isle that can help you get a more accurate cost estimate for your home.
Solar savings over time in Presque Isle
| Year | Return on Investment |
|---|---|
| 1 years | $-14,142 |
| 3 years | $-11,920 |
| 5 years | $-9,699 |
| 7 years | $-7,478 |
| 9 years | $-5,257 |
| 11 years | $-3,035 |
| 13 years | $-814 |
| 15 years | $1,407 |
| 17 years | $3,628 |
| 19 years | $5,849 |
| 21 years | $8,071 |
| 23 years | $10,292 |
| 25 years | $12,513 |
Top Solar Installers in Presque Isle
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Taking advantage of a solar company can make swapping over to solar power much easier. Another good thing about choosing a vetted solar installer is that it'll likely provide warranties and free repairs, which help protect your solar system over time.
If you're looking for a solar company in Presque Isle, we've organized a list of our top suggestions here:
See all of the solar companies in Presque Isle
Factors that Affect Solar Panel Costs in Presque Isle
For many Presque Isle homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Presque Isle, with typical prices between $20,000 to $40,000. There are numerous factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines 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.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Presque Isle, where sunlight isn’t as abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for solar panels out of pocket is out of reach, solar loans are a popular choice because they cut back your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.When estimating your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
A final factor to keep in mind when trying to estimate the cost of solar for your home or business in Presque Isle is the company you get to install your solar system. As with choosing a company to renovate your kitchen, for example, you’ll have many options for solar installers that offer a range of services for different budgets.Larger national companies typically have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle charger installation, they might be cheaper overall.
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 | $5,531 | 18.8 years |
| 8 kW | $3.88 | $21,706 | $7,800 | 18.4 years |
| 10 kW | $3.80 | $26,600 | $10,282 | 18.0 years |
| 12 kW | $3.72 | $31,282 | $12,976 | 17.7 years |
| 14 kW | $3.65 | $35,750 | $15,884 | 17.3 years |
| 16 kW | $3.57 | $40,006 | $19,004 | 16.9 years |
| 18 kW | $3.50 | $44,050 | $22,337 | 16.6 years |
| 20 kW | $3.42 | $47,880 | $25,883 | 16.2 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because picking a company can be difficult, we have some tips to help you, such as:
- Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. Two 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.
- Contract: It’s important to read through your solar installer’s contract well to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
- Solar Panel Brands: Different companies will carry various brands and kinds of panels. If you want a specific brand, make sure the solar panel installer you’re considering has it.
- Warranty: Companies typically offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
EcoWatch's Presque Isle, ME Solar Cost FAQs
What is the average cost of installing solar panels in Presque Isle?
The average cost of solar panels in Presque Isle 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 stuff such as the type of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Presque Isle?
You can’t get solar panels for free in Presque Isle. However, you may still be able to install 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.
Can solar panels significantly reduce my electricity bills?
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 $737.63 per year.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy needs and the amount of 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 install 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.