Solar Panel Cost Guide in Turner, ME (2023 Update)
- Turner Solar Installation Cost: $10,697
- 25-Year Savings: $11,938
- Payback Period: 11.8 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Turner
Find out what the average cost of solar panels are in Turner.
While the national average of solar panels is $2.66 per watt, solar panels in Turner typically cost around 2.83. The average solar panel system size in Turner is around 5.4 kilowatts, meaning a cost of about $10,697 for a solar installation, or $15,297 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The true cost of installing solar panels can vary based on multiple factors, such as how many panels you need, your energy consumption and what company you go with. Many homeowners find going solar is a sound investment. The average homeowner in Turner can save around $16,000 on their energy bills over 20 years.
For a personalized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Turner
| Year | Return on Investment |
|---|---|
| 1 years | $-9,792 |
| 3 years | $-7,981 |
| 5 years | $-6,170 |
| 7 years | $-4,360 |
| 9 years | $-2,549 |
| 11 years | $-738 |
| 13 years | $1,073 |
| 15 years | $2,884 |
| 17 years | $4,694 |
| 19 years | $6,505 |
| 21 years | $8,316 |
| 23 years | $10,127 |
| 25 years | $11,938 |
Top Solar Installers in Turner
Trying to put up solar panels by yourself can be a time-consuming task, which is why using a solar installation company is a good option for many homeowners. The expertise that solar companies provide can be valuable as well, particularly if you aren't sure what kind of solar equipment would be right for your home.
If you're searching for a solar company in Turner, we've put together a list of our top suggestions here:
Best Technology
Tesla Energy
- 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 Turner
Factors that Affect Solar Panel Costs in Turner
For many Turner homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Turner, 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
The size of the solar system you need to offset your energy usage, 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 nearly $2,830. The model of solar panels and equipment you want is another factor that will greatly impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Plus, solar equipment consists of more than just the solar panels themselves. You'll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking into a solar system that falls within your budget.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are an affordable 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 figuring out your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar installer you go with to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar installation companies operating in Turner, and each can charge different amounts for labor and equipment. Additionally, some companies in Turner are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.94 | $12,361 | $12,766 | 12.3 years |
| 8 kW | $2.89 | $16,165 | $17,338 | 12.1 years |
| 10 kW | $2.83 | $19,810 | $22,069 | 11.8 years |
| 12 kW | $2.77 | $23,297 | $26,958 | 11.6 years |
| 14 kW | $2.72 | $26,625 | $32,006 | 11.4 years |
| 16 kW | $2.66 | $29,794 | $37,212 | 11.1 years |
| 18 kW | $2.60 | $32,805 | $42,576 | 10.9 years |
| 20 kW | $2.55 | $35,658 | $48,100 | 10.6 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be a tough decision, we have some tips to help you, such as:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to install your solar system. Another way you can look into your installer's reputation is by reading reviews.
- Contract: Read the contract terms thoroughly to make sure you understand the overall cost, completion timeline rebates and warranties.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and how much efficiency they need. Although there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so make sure you peruse their list of options before deciding.
- Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
Best Technology
Tesla Energy
- 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 Turner, ME Solar Cost FAQs
How much does it cost to install solar panels in Turner?
The average cost of solar panels in Turner is about $14,150 for a 5-kW system and $28,300 for a 10-kW system before the ITC, but the real 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.
Is cost the most important consideration when buying solar panels?
Cost is certainly one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Turner?
Solar panels can be a fruitful investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your energy bills are already fairly low, solar panels might not be for you.
How many solar panels do I need to power my home?
To figure out how many solar panels 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 house 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.