Solar Panel Cost Guide in Bryans Road, MD (2025 Update)
- Bryans Road Solar Installation Cost: $13,435
- 25-Year Savings: $9,452
- Payback Period: 16.8 Years
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Average Cost of Solar Panels in Bryans Road
Let’s take a look at the average cost of solar panels in Bryans Road.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Bryans Road, the average cost of a solar system is 4 per watt.The average Bryans Road homeowner needs a 5.4-kilowatt system, which would cost about $13,435 with the federal tax credit, or $19,212 before the 0 tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Bryans Road homeowners. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.Despite the large upfront cost, the average Bryans Road homeowner can save around $14,000 on their energy bills over 20 years, which is one of the benefits of solar.
To see your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Bryans Road
Year | Return on Investment |
---|---|
1 years | $-12,100 |
3 years | $-9,431 |
5 years | $-6,762 |
7 years | $-4,093 |
9 years | $-1,424 |
11 years | $1,245 |
13 years | $3,914 |
15 years | $6,583 |
17 years | $9,252 |
19 years | $11,921 |
21 years | $14,590 |
23 years | $17,260 |
25 years | $19,929 |
Top Solar Installers in Bryans Road
Installing solar panels yourself can be a stressful undertaking, which is why using a solar installation company is a good option for many homeowners. Also, companies with a high reputation that cost more upfront could actually save you money in the long run with their warranties, repair services and expert design.
If you're looking for a solar company in Bryans Road, the EcoWatch team has compiled a list of our top suggestions here:
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Bryans Road
Factors that Affect Solar Panel Costs in Bryans Road
Though the average cost of a solar system in Bryans Road is $13,435, your actual cost may be above or below the average. There are several factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to pay around $3,540 per kilowatt in Bryans Road.The model of solar panels and equipment you get is another factor that will greatly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more expensive. Moreover, 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 looking for a solar system that’s in your budget.
Solar Financing Terms
If paying for solar panels in cash is out of reach, solar loans are a solid option because they reduce your upfront costs and let you 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 go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
Lastly, the company you get to install your solar panels can affect the cost. Bryans Road’s solar companies all have different labor costs and add varying upcharges to equipment. Some companies 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 come at a higher cost. It’s best to do some research and choose a company that provides the products, warranties and services you’re looking for and also fits 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 | $3.68 | $15,463 | $6,631 | 17.5 years |
8 kW | $3.61 | $20,220 | $9,238 | 17.2 years |
10 kW | $3.54 | $24,780 | $12,043 | 16.8 years |
12 kW | $3.47 | $29,141 | $15,046 | 16.5 years |
14 kW | $3.40 | $33,304 | $18,248 | 16.2 years |
16 kW | $3.33 | $37,269 | $21,648 | 15.8 years |
18 kW | $3.26 | $41,036 | $25,246 | 15.5 years |
20 kW | $3.19 | $44,604 | $29,042 | 15.1 years |
How to Save on Solar Panels
There are many companies available in Bryans Road, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
- Warranty: Many companies offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar installer, such as what permits you should acquire and how long the project will take.
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Bryans Road, MD Solar Cost FAQs
What is the average cost of installing solar panels in Bryans Road?
This is a tough question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $17,700 for a 5-kW system and $35,400 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or more efficient panels, or if you have above-average energy consumption. On the flip side, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
What other factors should I consider other than cost when buying solar panels?
Cost is a key factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.
How will having solar panels impact my property value?
Solar panels can increase the value of your home remarkably as long as you buy or finance your panels and don’t go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level 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.