Solar Panel Cost Guide in Landover, MD (2024 Update)
- Landover Solar Installation Cost: $13,517
- 25-Year Savings: $11,517
- Payback Period: 15.3 Years
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Average Cost of Solar Panels in Landover
Here’s how much it might cost to make the switch to solar in Landover.
While the national average of solar panels is $2.66 per watt, solar panels in Landover generally cost around 4.To cover the typical energy needs of the average home in Landover, most homeowners require a 5.5-kilowatt system. Using the per-watt figure above, a solar installation costs around $13,517, or $19,329 before the federal solar tax credit of 0 is applied.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar will differ based on your household energy consumption, the type of equipment you want to get, your solar contractor and more.Many homeowners find installing a solar panel system is a sound investment. The average homeowner in Landover can save around $15,000 on their energy bills over 20 years.
For a free quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Landover
| Year | Return on Investment |
|---|---|
| 1 years | $-11,957 |
| 3 years | $-8,836 |
| 5 years | $-5,716 |
| 7 years | $-2,596 |
| 9 years | $525 |
| 11 years | $3,645 |
| 13 years | $6,766 |
| 15 years | $9,886 |
| 17 years | $13,007 |
| 19 years | $16,127 |
| 21 years | $19,247 |
| 23 years | $22,368 |
| 25 years | $25,488 |
Top Solar Installers in Landover
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Using an installer can make converting to solar power much easier. Another good thing about going with a vetted solar installer is that it'll provide warranties and free repairs, which help protect your investment.
If you're searching for a solar installer in Landover, we've put together a list of our top suggestions here:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Landover
Factors that Affect Solar Panel Costs in Landover
For many Landover homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Landover, with typical prices between $20,000 to $40,000. There are various factors that significantly 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 determines the overall cost of installing solar panels. Because of that, it’s a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs.The kind of solar panels and equipment you get is another factor that will greatly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Moreover, solar equipment consists of more than just the solar panels themselves. You’ll also need to consider 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
Many homeowners find the average cost of solar in Landover to be too steep, even if the investment pays off over time. Thankfully, nearly every solar company in the area offers financing options. Solar loans substantially decrease upfront costs in most cases, but they also result in higher prices over time because of interest.It’s wise to include the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Landover is the company you get to install your solar system. Similar to choosing a company to renovate your kitchen, for example, you’ll have no shortage of solar installers that offer a range of services for different budgets.You may come across national solar installers that have lower prices because of their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $8,839 | 15.9 years |
| 8 kW | $3.61 | $20,220 | $12,182 | 15.6 years |
| 10 kW | $3.54 | $24,780 | $15,723 | 15.3 years |
| 12 kW | $3.47 | $29,141 | $19,462 | 15.0 years |
| 14 kW | $3.40 | $33,304 | $23,400 | 14.7 years |
| 16 kW | $3.33 | $37,269 | $27,536 | 14.4 years |
| 18 kW | $3.26 | $41,036 | $31,870 | 14.1 years |
| 20 kW | $3.19 | $44,604 | $36,402 | 13.8 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be difficult, we have some tips to help you, such as:
- Warranty: Many companies offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Companies that have been in business for many years likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, longevity and energy efficiency. They will come at different price points as well. The company you choose impacts which solar panel brands you have access to.
- Installation Process: When making the switch to solar power, it’s important to keep an open line of communication with your solar panel installer. See to it that you understand how the installation process works and the project completion timeline.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Landover, MD Solar Cost FAQs
What is the average cost of installing solar panels in Landover?
The average cost of solar panels in Landover is about $17,700 for a 5-kW system and $35,400 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the kind of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider aside from cost 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.
How will installing solar panels impact the value of my home?
Solar panels can increase the value of your home significantly as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
What solar power system size is right for 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 usually 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.