Solar Panel Cost Guide in Wiscasset, ME (2025 Update)

  • Wiscasset Solar Installation Cost: $14,124
  • 25-Year Savings: $12,116
  • Payback Period: 15.6 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated January 24, 2025

Why you can trust EcoWatch

We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Wiscasset

Find out what the average cost of installing solar panels is in Wiscasset.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Wiscasset, the average cost of solar panels is 4 per watt.The average Wiscasset homeowner needs a 5.3-kilowatt system, which would cost about $14,124 with the federal tax credit, or $20,197 before the 0 tax credit is applied.

These figures are just estimates, and how much solar costs for you may look different based on your specific situation and what company you choose to go with.For most homeowners, the upfront cost of solar is worth paying. On average homeowners in Wiscasset see about $16,000 in savings on utility bills over 20 years.

Click the button below to get connected to a reputable solar installer in your area for a customized quote.

Solar savings over time in Wiscasset

YearReturn on Investment
1 years$-12,986
3 years$-10,709
5 years$-8,433
7 years$-6,156
9 years$-3,880
11 years$-1,603
13 years$673
15 years$2,950
17 years$5,226
19 years$7,503
21 years$9,779
23 years$12,056
25 years$14,332

Top Solar Installers in Wiscasset

When going solar, many homeowners decide to go with a solar company since DIY solar panel installation can be a difficult project. 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.

There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:

Advertisement

See all of the solar companies in Wiscasset

Factors that Affect Solar Panel Costs in Wiscasset

For many Wiscasset homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Wiscasset, with typical prices between $20,000 to $40,000. There are a few factors that significantly influence the price you’ll pay, which we'll go over below.

Solar Equipment

The size of the solar system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $3,800. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your electric bills. Additionally, extra products, like solar batteries, can bump up your total well above the Wiscasset average.

Solar Financing Terms

If paying for a solar system in cash is out of reach, solar loans are a solid choice because they lower your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.It’s a good idea 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 how long it’ll take to pay back the loan.

Solar Panel Installation Company

The solar company you choose will impact your total cost to make the switch to solar power. Different companies will bill different amounts for the equipment and labor.Additionally, some companies in Wiscasset have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.

Solar Panel Cost Data by System Size

System sizeCost per system wattSolar system cost25-Year savingsPayback period
6 kW$3.95$16,598$8,97916.2 years
8 kW$3.88$21,706$12,39815.9 years
10 kW$3.80$26,600$16,02915.6 years
12 kW$3.72$31,282$19,87315.3 years
14 kW$3.65$35,750$23,93015.0 years
16 kW$3.57$40,006$28,20014.7 years
18 kW$3.50$44,050$32,68314.4 years
20 kW$3.42$47,880$37,37814.0 years

How to Save on Solar Panels

Since the model of solar panels and the company you choose greatly affects your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:

  • Solar Panel Brands: Homeowners will have different preferences for panels depending on their roof configurations and energy needs. Although there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you ask for their list of offerings before making your decision.
  • Contract: When reading over your solar company’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
  • 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 installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
  • Warranty: Many companies offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
Advertisement

EcoWatch's Wiscasset, ME Solar Cost FAQs

How much does it cost to install solar panels in Wiscasset?

The average cost of solar panels in Wiscasset is about $19,000 for a 5-kW system and $38,000 for a 10-kW system before the ITC, but the real cost will depend on things like the kind of solar panels you want, what size system you need and how much energy you use.

Are solar panels free in Wiscasset?

You can’t get solar panels for free in Wiscasset. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.

How much can I save on electricity bills after switching to solar?

It is possible to erase your electricity bills with solar panels, but for most homeowners in Wiscasset, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.

How long do solar panels last in Wiscasset?

On average, the lifespan of solar panels is 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 amount 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.