Solar Panel Cost Guide in Mitchellville, MD (2024 Update)
- Mitchellville Solar Installation Cost: $13,517
- 25-Year Savings: $11,117
- Payback Period: 15.6 Years
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Average Cost of Solar Panels in Mitchellville
Let’s take a look at the average cost of solar in Mitchellville.
The national average cost of solar panels is $2.66 per watt, but in Mitchellville it’s 4 per watt.Since a 5.5-kW system is needed to cover the energy usage of a typical home in Mitchellville, the average price of going solar will be about $13,517 after claiming the federal solar tax credit of 0.
Keep in mind that the figures above are only estimates based on the average Mitchellville homeowner. 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.With average savings of about $15,000 on energy bills over 20 years, many homeowners in Mitchellville find installing solar panels can be quite rewarding.
To receive a free quote from a highly rated solar installation company in Mitchellville, you can click the button below.
Solar savings over time in Mitchellville
| Year | Return on Investment |
|---|---|
| 1 years | $-12,103 |
| 3 years | $-9,274 |
| 5 years | $-6,445 |
| 7 years | $-3,616 |
| 9 years | $-788 |
| 11 years | $2,041 |
| 13 years | $4,870 |
| 15 years | $7,698 |
| 17 years | $10,527 |
| 19 years | $13,356 |
| 21 years | $16,185 |
| 23 years | $19,013 |
| 25 years | $21,842 |
Top Solar Installers in Mitchellville
Many homeowners choose to hire a solar installation company since installing solar panels yourself can be a lot of work. The payback period on a solar system will vary depending on factors like your roof configuration and energy needs, but going with a solar installer can shorten that period. Your provider will be able to help you apply for incentives available in your area.
If you’d like to start using solar energy but still aren’t sure which solar system company to go with, here are our suggestions for providers nearby:
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 Mitchellville
Factors that Affect Solar Panel Costs in Mitchellville
There are many factors that can play into your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. For that reason, it’s crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.There are a lot of different solar panel brands and the one you pick also affects the cost. Generally, the brands that offer higher efficiency tend to also be more expensive. Plus, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are provided by most installers in Mitchellville, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible.Though solar loans make adopting solar energy more accessible for Mitchellville homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final factor to consider when trying to figure out the cost of solar for your home or business in Mitchellville is the company you get to install your solar panel system. Similar to choosing a company to build a deck or pool, for instance, there are plenty of solar installers that provide a range of services at different costs.You may see national solar installers that have lower prices because of their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $8,399 | 16.2 years |
| 8 kW | $3.61 | $20,220 | $11,595 | 15.9 years |
| 10 kW | $3.54 | $24,780 | $14,990 | 15.6 years |
| 12 kW | $3.47 | $29,141 | $18,582 | 15.3 years |
| 14 kW | $3.40 | $33,304 | $22,373 | 15.0 years |
| 16 kW | $3.33 | $37,269 | $26,362 | 14.6 years |
| 18 kW | $3.26 | $41,036 | $30,550 | 14.3 years |
| 20 kW | $3.19 | $44,604 | $34,935 | 14.0 years |
How to Save on Solar Panels
Since the type of solar panels and the installer you choose greatly influences your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Warranty: A comprehensive, 25-year warranty can help keep your solar panels running smoothly and save you money on part replacement and repairs.
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
- Solar Panel Brands: Different companies offer different brands and models of panels. If you prefer a specific brand, make sure the solar installer you’re considering has it.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years likely provide quality solar panel installation and expertise.
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 Mitchellville, MD Solar Cost FAQs
How much does it cost to install solar panels in Mitchellville?
The average cost of solar panels in Mitchellville is about $17,700 for a 5-kW system and $35,400 for a 10-kW system before the ITC, but the actual cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Mitchellville?
A solar panel system isn’t free in Mitchellville, 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 you can take advantage of.
Does Mitchellville have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future power bills.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them after having them for that long or you can continue to use them at a lower efficiency.
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.