Solar Panel Cost Guide in Scaggsville, MD (2024 Update)
- Scaggsville Solar Installation Cost: $13,837
- 25-Year Savings: $10,067
- Payback Period: 16.6 Years
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Average Cost of Solar Panels in Scaggsville
Let’s have a look at the average cost of solar panels in Scaggsville.
Although the national average of solar panels is $2.66 per watt, solar panels in Scaggsville generally cost around 4.Since a 5.6-kW system is needed to cover the energy usage of a typical home in Scaggsville, the average price of going solar will be about $13,837 after claiming the federal solar tax credit of 0.
Bear in mind that the figures above are only estimates based on the average Scaggsville homeowner. The cost 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.For most homeowners, the upfront cost of solar is worth paying. On average homeowners in Scaggsville see about $14,000 in savings on electricity bills over 20 years.
You can click the button below to get connected with a vetted solar installer in Scaggsville for a quote for your home.
Solar savings over time in Scaggsville
| Year | Return on Investment |
|---|---|
| 1 years | $-12,422 |
| 3 years | $-9,594 |
| 5 years | $-6,765 |
| 7 years | $-3,936 |
| 9 years | $-1,107 |
| 11 years | $1,721 |
| 13 years | $4,550 |
| 15 years | $7,379 |
| 17 years | $10,208 |
| 19 years | $13,036 |
| 21 years | $15,865 |
| 23 years | $18,694 |
| 25 years | $21,523 |
Top Solar Installers in Scaggsville
Although you can install solar panels yourself, it takes extra energy and expertise. For that reason, almost all homeowners choose to hire a solar panel installer. Plus, if you aren’t sure what type of solar panels and equipment you may need, a solar company can help you find the right equipment for you after a site survey and consultation.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Scaggsville
Factors that Affect Solar Panel Costs in Scaggsville
The cost of installing a solar system in Scaggsville can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
The size of the solar panel system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $3,540. There are a lot of different solar panel brands and the one you pick also changes the cost. In many cases, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you’re looking to get can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Scaggsville provide solar loans, which reduce your upfront costs of installing solar.Although solar loans make switching to solar energy more accessible for Scaggsville 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 put down 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 keep in mind when trying to evaluate the cost of solar for your home or business in Scaggsville is the company you hire to install your solar system. Similar to choosing a company to install new cabinets, for instance, there’s no shortage of solar installers that provide a range of services for different budgets.Larger national companies usually have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle charger installation, they might be cheaper overall.
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 | $6,988 | 17.2 years |
| 8 kW | $3.61 | $20,220 | $9,714 | 16.9 years |
| 10 kW | $3.54 | $24,780 | $12,639 | 16.6 years |
| 12 kW | $3.47 | $29,141 | $15,761 | 16.2 years |
| 14 kW | $3.40 | $33,304 | $19,082 | 15.9 years |
| 16 kW | $3.33 | $37,269 | $22,601 | 15.6 years |
| 18 kW | $3.26 | $41,036 | $26,318 | 15.2 years |
| 20 kW | $3.19 | $44,604 | $30,233 | 14.9 years |
How to Save on Solar Panels
The solar company you go with will impact not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should consider, including:
- Installation Process: Make sure you’re aligned with the company in regard to how the installation process will go and what needs to be done before your solar system is installed, such as updating or replacing your electrical system or roof.
- Solar Panel Brands: The type of solar panel you want to install plays a part in which installer you should opt for, since different companies offer different panels.
- Contract: Look through the contract terms carefully to make sure you understand the cost breakdown, project completion timeline incentives and warranties.
- Warranty: Warranties that cover replacement parts and repairs over a couple decades are the best you can get in the business, and offering such a warranty is one indication of a quality company.
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 Scaggsville, MD Solar Cost FAQs
What is the average cost of installing solar panels in Scaggsville?
The average cost of solar panels in Scaggsville 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 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 thing to keep in mind when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on power bills after installing solar panels?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Scaggsville, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to account for their typical energy usage.
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.