Solar Panel Cost Guide in Turner, ME (2024 Update)
- Turner Solar Installation Cost: $14,377
- 25-Year Savings: $11,928
- Payback Period: 15.9 Years
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Average Cost of Solar Panels in Turner
See how much it might cost to go solar in Turner.
In Turner, solar panels cost about 4 per watt on average.The average solar panel system size in Turner is around 5.4 kilowatts, meaning a cost of about $14,377 for a solar installation, or $20,559 before the 0 federal solar tax credit is applied.
How much you pay can go above or below the average in Turner depending on a variety of factors, such as the type of solar panels you choose and the solar contractor you hire.But, once you've paid the upfront cost of installation, the savings for most homeowners is typically fruitful, with a net average savings of about $16,000 over 20 years on energy bills.
For a free 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 | $-13,239 |
3 years | $-10,962 |
5 years | $-8,686 |
7 years | $-6,409 |
9 years | $-4,133 |
11 years | $-1,856 |
13 years | $420 |
15 years | $2,697 |
17 years | $4,973 |
19 years | $7,250 |
21 years | $9,526 |
23 years | $11,803 |
25 years | $14,079 |
Top Solar Installers in Turner
DIY solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Hiring an installer can make your swap to solar power much easier. Local solar installation companies can also help you optimize your return on investment by assisting with any local incentives and by providing warranties and repairs.
If you’d like to go solar but still aren’t sure which solar panel installer to go with, here are our suggestions for providers in Turner:
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
Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that will push your cost above or below the average in Turner: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
When it comes to estimating the price of solar panels in Turner, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy consumption, which you can determine by looking at past energy bills. Your total cost can increase by about $3,800 for each additional kilowatt you need.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Turner, where sunlight isn’t as abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in Turner offer solar loans, which reduce the initial cost of installing solar.However, the interest on solar loans also increases your overall costs, so it’s crucial to consider that as well. You can always lower the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar installation company you select will play a role in your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.The size of the company sometimes plays the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have 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 promotion can bring their pricing down to compete with bigger names.
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 | $8,529 | 16.5 years |
8 kW | $3.88 | $21,706 | $11,797 | 16.2 years |
10 kW | $3.80 | $26,600 | $15,279 | 15.9 years |
12 kW | $3.72 | $31,282 | $18,973 | 15.6 years |
14 kW | $3.65 | $35,750 | $22,880 | 15.2 years |
16 kW | $3.57 | $40,006 | $27,000 | 14.9 years |
18 kW | $3.50 | $44,050 | $31,332 | 14.6 years |
20 kW | $3.42 | $47,880 | $35,878 | 14.3 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 difficult, we have some tips to help you, such as:
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years in most cases offer good-quality solar panel installation and expertise.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one mark of a quality company.
- Installation Process: Make sure you’re on the same page with the installer with regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating your electrical system or roof.
- Contract: When reading through your solar installer’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios like a system part breaking or the company going out of business.
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 $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 certain factors such as the type of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Turner?
A solar panel system isn’t free in Turner, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
How much can I save on electricity bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on your location and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $837.58 per year.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually 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.