*Prices are shown after applying the 30% federal tax credit.
As of Mar 2024, the average cost of solar panels in Chestertown is $2.65 per watt making a typical 6000 watt (6 kW) solar system $11,122 after claiming the 30% federal solar tax credit now available.
This is lower than the average price of residential solar power systems across the United States which is currently $3.00 per watt.
The size of a solar panel system also plays a role in how much the installation will cost.
Larger solar installations will typically have a lower cost per watt, because the panels can be purchased at a ‘bulk price’. However, these larger solar systems will still have a higher total cost, because they are made up of more individual panels.
System size* | Avg cost per watt |
Avg system cost
(After tax credit) show before tax |
---|---|---|
4kW | $2.89 | $8,097 |
5kW | $2.77 | $9,695 |
6kW | $2.65 | $11,122 |
7kW | $2.62 | $12,848 |
8kW | $2.67 | $14,949 |
9kW | $2.57 | $16,190 |
10kW | $2.54 | $17,806 |
Best unit price
$320.00 ($0.96 per watt)
Best system price
Installed 5.0kW system
$12,721.85
($2.53 p/w)
LG335N1K-V5 overview
Rated power
335 watts
Efficiency
19.6
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
KR
Best unit price
$562.50 ($1.50 per watt)
Best system price
Installed 4.9kW system
$12,120.18
($2.49 p/w)
LG375A1C-V5 overview
Rated power
375 watts
Efficiency
21.7
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
KR
Best unit price
$430.00 ($1.15 per watt)
Best system price
Installed 4.9kW system
$12,919.30
($2.65 p/w)
LG375Q1C-V5 overview
Rated power
375 watts
Efficiency
21.7
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
KR
Best unit price
$473.34 ($1.30 per watt)
Best system price
Installed 5.1kW system
$13,231.07
($2.59 p/w)
LG365Q1K-V5 overview
Rated power
365 watts
Efficiency
21.1
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
KR
Best unit price
$432.00 ($1.20 per watt)
Best system price
Installed 5.0kW system
$13,276.66
($2.63 p/w)
LG360Q1K-V5 overview
Rated power
360 watts
Efficiency
20.8
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$530.85 ($1.50 per watt)
Best system price
Installed 5.0kW system
$12,386.87
($2.49 p/w)
LG355Q1K-V5 overview
Rated power
355 watts
Efficiency
20.6
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$495.00 ($1.38 per watt)
Best system price
Installed 5.0kW system
$13,091.06
($2.60 p/w)
LG360Q1C-V5 overview
Rated power
360 watts
Efficiency
20.8
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$407.97 ($1.10 per watt)
Best system price
Installed 5.2kW system
$13,159.30
($2.54 p/w)
LG370Q1C-V5 overview
Rated power
370 watts
Efficiency
21.4
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$323.39 ($0.97 per watt)
Best system price
Installed 5.0kW system
$12,691.01
($2.53 p/w)
LG335N1C-V5 overview
Rated power
335 watts
Efficiency
19.6
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$338.19 ($0.99 per watt)
Best system price
Installed 5.1kW system
$0.00
($0.00 p/w)
LG340N1C-V5 overview
Rated power
340 watts
Efficiency
19.8
Number of Cells
60
Cell type
Monocrystalline/N-type
Manufactured
US
Best unit price
$600.00 ($1.83 per watt)
Best system price
Installed 4.9kW system
$12,808.41
($2.61 p/w)
SPR-E20-327-COM overview
Rated power
327 watts
Efficiency
20.4
Number of Cells
96
Cell type
Monocrystalline
Manufactured
US
Best unit price
$800.00 ($2.22 per watt)
Best system price
Installed 5.0kW system
$13,201.67
($2.62 p/w)
SPR-X22-360 overview
Rated power
360 watts
Efficiency
22.2
Number of Cells
96
Cell type
Monocrystalline
Manufactured
US
Best unit price
$620.00 ($1.90 per watt)
Best system price
Installed 4.9kW system
$13,703.10
($2.79 p/w)
SPR-E20-327-D-AC overview
Rated power
327 watts
Efficiency
20.4
Number of Cells
96
Cell type
Monocrystalline
Manufactured
US
Best unit price
$620.00 ($1.90 per watt)
Best system price
Installed 4.9kW system
$13,610.59
($2.77 p/w)
SPR-E20-327 overview
Rated power
327 watts
Efficiency
20.4
Number of Cells
96
Cell type
Monocrystalline
Manufactured
US
Best unit price
$181.00 ($0.60 per watt)
Best system price
Installed 5.1kW system
$11,003.04
($2.16 p/w)
CS6K-300MS overview
Rated power
300 watts
Efficiency
18.33
Number of Cells
60
Cell type
Monocrystalline
Manufactured
CA
Best unit price
$196.11 ($0.65 per watt)
Best system price
Installed 5.1kW system
$9,948.02
($1.95 p/w)
LR6-60-HPB-300M overview
Rated power
300 watts
Efficiency
18.1
Number of Cells
120
Cell type
Mono PERC
Manufactured
CN
Best unit price
$172.00 ($0.56 per watt)
Best system price
Installed 4.9kW system
$9,568.53
($1.96 p/w)
LR6-60-HPB-305M overview
Rated power
305 watts
Efficiency
18.4
Number of Cells
120
Cell type
Mono PERC
Manufactured
CN
Best unit price
$165.00 ($0.53 per watt)
Best system price
Installed 5.0kW system
$9,761.72
($1.97 p/w)
LR6-60-HPB-310M overview
Rated power
310 watts
Efficiency
18.7
Number of Cells
120
Cell type
Mono PERC
Manufactured
CN
Best unit price
$228.00 ($0.60 per watt)
Best system price
Installed 4.9kW system
$9,579.65
($1.94 p/w)
LR4-60HPH-380M overview
Rated power
380 watts
Efficiency
20.9
Number of Cells
120
Cell type
Mono PERC
Manufactured
CN
Best unit price
$234.00 ($0.60 per watt)
Best system price
Installed 5.1kW system
$10,126.74
($2.00 p/w)
LR6-72HBD-390M overview
Rated power
390 watts
Efficiency
19.4
Number of Cells
144
Cell type
Mono PERC
Manufactured
CN
4.91 368 Reviews
Dan G, 4 days ago
After about 6 months of research and about 8 quotes collected, I finally settled on Lumina solar for my home solar project. With so many door-to-door pushy salespeople coming by with bad info, it was great to chat with the reps at Lumina (Gabriel was awesome) who were super knowledgeable and provided me with honest information and a great quote. Once I signed the contract for my 33 panel installation, Lumina was right there every step of the way. They kept me in the loop on all details around permitting, and did a thorough roof/attic inspection before anything started. When install day arrived, the crew got right to work, and did an amazing job, finishing the work in one day. The master electrician was very accommodating, and was able to land the inside breaker near my panel and out of sight. The whole crew was very professional and did a full cleanup before they left. I received PTO about a month after install, and was able to energize the system myself using the clear instructions from Lumina. Its been operating perfectly since day 1, and could not be happier with the overall process and service from Lumina. Highly recommend Lumina, they exceeded my expectations and continue to be available for any questions I have.
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Dan G, 4 days ago
After about 6 months of research and about 8 quotes collected, I finally settled on Lumina solar for my home solar project. With so many door-to-door pushy salespeople coming by with bad info, it was great to chat with the reps at Lumina (Gabriel was awesome) who were super knowledgeable and provided me with honest information and a great quote. Once I signed the contract for my 33 panel installation, Lumina was right there every step of the way. They kept me in the loop on all details around permitting, and did a thorough roof/attic inspection before anything started. When install day arrived, the crew got right to work, and did an amazing job, finishing the work in one day. The master electrician was very accommodating, and was able to land the inside breaker near my panel and out of sight. The whole crew was very professional and did a full cleanup before they left. I received PTO about a month after install, and was able to energize the system myself using the clear instructions from Lumina. Its been operating perfectly since day 1, and could not be happier with the overall process and service from Lumina. Highly recommend Lumina, they exceeded my expectations and continue to be available for any questions I have.
4.91 163 Reviews
Kevin C, 2 weeks ago
When we initially looked at getting solar panels we decided to research multiple companies. Over several weeks we looked into about 8 different companies ranging from smaller local companies to large national companies. We met with 5 of these companies and Celestial Solar Innovations was the final meeting. From our first meeting, it became very clear that Jim was the best fit for our needs. He was able to answer all of our questions and clearly explain the process and timeline. A key selling point was his explanation of the equipment he would be using as well as why he felt that it was the best. We had already done extensive research into the solar array business but we were still able to learn something new by talking to Jim. Jim also being local and very familiar with the permitting and inspection process was another reason we decided to move forward with him. We had multiple questions throughout the process and Jim took the time to provide thorough explanations. The entire process from the initial meeting to receiving Permission to Operate took just over 3 months. Throughout the whole process, we were constantly in communication with Jim receiving updates on the status of the job. The paperwork process was painless and relatively simple. The installation crew was able to complete the installation in 2 days. There were a few minor issues that popped up in the process but Jim was always available to remedy the situation. Once the job was completed Becky was able to assist us in providing paperwork for tax filings, MEA grant, warranty, and rebates along with providing information to set up our monitoring app and SREC account. Overall we were very pleased with Celestial Solar Innovations and would highly recommend them to anyone interested in investing in a solar array.
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Kevin C, 2 weeks ago
When we initially looked at getting solar panels we decided to research multiple companies. Over several weeks we looked into about 8 different companies ranging from smaller local companies to large national companies. We met with 5 of these companies and Celestial Solar Innovations was the final meeting. From our first meeting, it became very clear that Jim was the best fit for our needs. He was able to answer all of our questions and clearly explain the process and timeline. A key selling point was his explanation of the equipment he would be using as well as why he felt that it was the best. We had already done extensive research into the solar array business but we were still able to learn something new by talking to Jim. Jim also being local and very familiar with the permitting and inspection process was another reason we decided to move forward with him. We had multiple questions throughout the process and Jim took the time to provide thorough explanations. The entire process from the initial meeting to receiving Permission to Operate took just over 3 months. Throughout the whole process, we were constantly in communication with Jim receiving updates on the status of the job. The paperwork process was painless and relatively simple. The installation crew was able to complete the installation in 2 days. There were a few minor issues that popped up in the process but Jim was always available to remedy the situation. Once the job was completed Becky was able to assist us in providing paperwork for tax filings, MEA grant, warranty, and rebates along with providing information to set up our monitoring app and SREC account. Overall we were very pleased with Celestial Solar Innovations and would highly recommend them to anyone interested in investing in a solar array.
4.85 113 Reviews
Messick Farm Equipment, 2 days ago
Installation was seamless and timely. They followed through on everything they promised. Communication is quick and clear. The quality of the installation is good. Enjoyed working with this company very much.
Read more
Average cost (5kW system)
$16,000 ($3.20 per watt)
Messick Farm Equipment, 2 days ago
Installation was seamless and timely. They followed through on everything they promised. Communication is quick and clear. The quality of the installation is good. Enjoyed working with this company very much.
4.85 526 Reviews
Ajit, 1 week ago
SEW did a great job in solar installation right from the initial consulting to the final installation. They were very responsive, willing to work with the clients on their specific needs, customization, etc. My solar advisor/rep was Katie and she is absolutely fantastic and did a perfect job in the right communication throughout this process. Katie took her time to explain the entire process and was regularly in touch with us till the installation was completed. We were probably one of the tougher customers to deal with and so we really appreciate all the patience and cooperation that Katie and SEW team showed. The installation crew was also very professional in their job. No issues at all. After the installation, we realized that our consumption meter was not properly activated. SEW responded very quickly to connect us with their service team to fix this. It speaks for their value of the customer even after the installation is completed!!! Highly recommend SEW for solar installation!!
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Ajit, 1 week ago
SEW did a great job in solar installation right from the initial consulting to the final installation. They were very responsive, willing to work with the clients on their specific needs, customization, etc. My solar advisor/rep was Katie and she is absolutely fantastic and did a perfect job in the right communication throughout this process. Katie took her time to explain the entire process and was regularly in touch with us till the installation was completed. We were probably one of the tougher customers to deal with and so we really appreciate all the patience and cooperation that Katie and SEW team showed. The installation crew was also very professional in their job. No issues at all. After the installation, we realized that our consumption meter was not properly activated. SEW responded very quickly to connect us with their service team to fix this. It speaks for their value of the customer even after the installation is completed!!! Highly recommend SEW for solar installation!!
4.80 189 Reviews
Greg Berry, 1 week ago
We had been thinking about going solar for awhile. I saw a review a friend had posted, after getting a system from American Sentry Solar. My wife and I asked her about her experience, and she had nothing but a positive experience. So after deciding to move forward, we were contacted by ASS, after a referral. From the initial consultation I was happy with how everything was explained and all the options explained. We felt no pressure to buy, but decided it was the right offer. From then through the entire installation process was very easy. Everyone we had been in contact with was very professional and nice. All questions were answered quickly and fully. The installation was was done much quicker than I expected, and was done professionally. We are very happy with our decision, and are looking forward to lower electric bills.
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Greg Berry, 1 week ago
We had been thinking about going solar for awhile. I saw a review a friend had posted, after getting a system from American Sentry Solar. My wife and I asked her about her experience, and she had nothing but a positive experience. So after deciding to move forward, we were contacted by ASS, after a referral. From the initial consultation I was happy with how everything was explained and all the options explained. We felt no pressure to buy, but decided it was the right offer. From then through the entire installation process was very easy. Everyone we had been in contact with was very professional and nice. All questions were answered quickly and fully. The installation was was done much quicker than I expected, and was done professionally. We are very happy with our decision, and are looking forward to lower electric bills.
4.78 87 Reviews
Ruben B, over 1 month
I have recently (finally) gone solar, after a long period (years, actually) of going back and forth doing research and trying to cut through the maddening cacophony of "expert" advise online. At the end of the day, serendipitously and fortunately, I went with Solar Energy Services: I can't recommend SES strongly enough. Erin was our project coordinator, she was amazing, but the entire team was truly outstanding, remarkably professional, educating me and guiding me throughout the process. I am sure most people (like me) can find this process a bit intimidating (so many details and options to consider; companies sound all alike; prices are all over the place) but having found SES was a turning point. I have read so many horror stories that I consider myself very lucky, it is obvious that SES cares about its reputation. Should any of you readers out there decide to go solar, I have no doubt Erin and her people will be happy to educate you and help you get there, just like they did for me. Ruben B.
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Ruben B, over 1 month
I have recently (finally) gone solar, after a long period (years, actually) of going back and forth doing research and trying to cut through the maddening cacophony of "expert" advise online. At the end of the day, serendipitously and fortunately, I went with Solar Energy Services: I can't recommend SES strongly enough. Erin was our project coordinator, she was amazing, but the entire team was truly outstanding, remarkably professional, educating me and guiding me throughout the process. I am sure most people (like me) can find this process a bit intimidating (so many details and options to consider; companies sound all alike; prices are all over the place) but having found SES was a turning point. I have read so many horror stories that I consider myself very lucky, it is obvious that SES cares about its reputation. Should any of you readers out there decide to go solar, I have no doubt Erin and her people will be happy to educate you and help you get there, just like they did for me. Ruben B.
4.77 70 Reviews
Dan, over 1 month
Rob, Jackie, and everyone at KW Solar were great. Knowledgeable, responsive, and friendly. We were up and running much sooner than I expected (and sooner than anyone else I know who’s gone thru the process). Delaware has a great program that covers 70% of the cost for median income families. Plus the federal incentive. So, it’ll pay for itself in about 5 years. The Enphase app monitors production and usage in real time, which is fun to watch. We’re producing at about the levels KW estimated. Overall - loved our experience. Thank you, KW Solar!
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Dan, over 1 month
Rob, Jackie, and everyone at KW Solar were great. Knowledgeable, responsive, and friendly. We were up and running much sooner than I expected (and sooner than anyone else I know who’s gone thru the process). Delaware has a great program that covers 70% of the cost for median income families. Plus the federal incentive. So, it’ll pay for itself in about 5 years. The Enphase app monitors production and usage in real time, which is fun to watch. We’re producing at about the levels KW estimated. Overall - loved our experience. Thank you, KW Solar!
4.76 83 Reviews
Rich Connor, over 1 month
Very professional and efficient installation. 12 panels on the garage, 14 more above the attic. All work completed in one day - started at 9 AM, completed by 4:15 PM. We couldn’t be happier with Green Street.
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Rich Connor, over 1 month
Very professional and efficient installation. 12 panels on the garage, 14 more above the attic. All work completed in one day - started at 9 AM, completed by 4:15 PM. We couldn’t be happier with Green Street.
4.73 571 Reviews
Simmons, 5 days ago
Everybody was so professional they arrived on time, they included me in on every step of the way. We are so pleased with the workmanship.
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Simmons, 5 days ago
Everybody was so professional they arrived on time, they included me in on every step of the way. We are so pleased with the workmanship.
4.65 47 Reviews
Harrison R, 2 weeks ago
I recently had the pleasure of working with Bright Eye Solar, and I can confidently say they exceeded all my expectations. From the initial consultation to the final installation, their team demonstrated professionalism, expertise, and a genuine commitment to customer satisfaction. One of the aspects that truly impressed me was their personalized approach. They took the time to understand my specific energy needs and provided tailored solutions that fit perfectly with my home. Their attention to detail and willingness to answer all my questions ensured that I felt informed and confident throughout the entire process. The installation itself was seamless. The technicians were skilled, efficient, and respectful of my property. They completed the job in a timely manner without sacrificing quality, and the end result speaks for itself - a sleek, efficient solar system that is already making a noticeable impact on my energy usage. Not only am I thrilled with the financial benefits of switching to solar energy, but I also feel good knowing that I'm contributing to a more sustainable future. Bright Eye Solar's dedication to renewable energy and environmental responsibility is evident in everything they do, and it's inspiring to see a company so committed to making a positive impact. Overall, I can't recommend Bright Eye Solar highly enough. If you're considering making the switch to solar energy, look no further. With their expertise, professionalism, and unwavering commitment to customer satisfaction, you can trust Bright Eye Solar to illuminate the path to a brighter, more sustainable future.
Read more
Average cost (5kW system)
$12,000 ($2.40 per watt)
Harrison R, 2 weeks ago
I recently had the pleasure of working with Bright Eye Solar, and I can confidently say they exceeded all my expectations. From the initial consultation to the final installation, their team demonstrated professionalism, expertise, and a genuine commitment to customer satisfaction. One of the aspects that truly impressed me was their personalized approach. They took the time to understand my specific energy needs and provided tailored solutions that fit perfectly with my home. Their attention to detail and willingness to answer all my questions ensured that I felt informed and confident throughout the entire process. The installation itself was seamless. The technicians were skilled, efficient, and respectful of my property. They completed the job in a timely manner without sacrificing quality, and the end result speaks for itself - a sleek, efficient solar system that is already making a noticeable impact on my energy usage. Not only am I thrilled with the financial benefits of switching to solar energy, but I also feel good knowing that I'm contributing to a more sustainable future. Bright Eye Solar's dedication to renewable energy and environmental responsibility is evident in everything they do, and it's inspiring to see a company so committed to making a positive impact. Overall, I can't recommend Bright Eye Solar highly enough. If you're considering making the switch to solar energy, look no further. With their expertise, professionalism, and unwavering commitment to customer satisfaction, you can trust Bright Eye Solar to illuminate the path to a brighter, more sustainable future.
Where there is no specific pricing information available for a brand then we have used state pricing data for that brand.
Solar panel manufacturer | Avg. cost per watt |
---|---|
Canadian Solar | $2.47 |
LG Solar | $2.94 |
SunPower | $3.09 |
Panasonic | $2.98 |
LONGi Solar | $2.38 |
The most important difference between buying solar panels and any other purchase is that solar panels last 25-30 years. This is a long, long time and you will need customer service over all that time. The reviews below of the two largest corporate solar installation companies indicate larger corporate solar companies are not delivering this support to their customers.
We recommend you find a small or mid-size, local, family-owned solar company. These companies tend to care more about you and your specific job. You don't want to be on hold to a corporation's call center for the next 25 years!
The cost of solar doesn't just include the equipment and installation costs - it’s also made up of permitting costs, inspection costs, and installer profit margins.
These different components are what make the price of solar fluctuate between installations. Some of the factors that affect solar power system installation costs for specific homes include:
Homes that use more electricity will need more solar panels to cover their energy needs.
Although solar panels do get cheaper on a per-watt basis, the overall cost of the system will increase as more panels are added.
But, the higher a home’s energy usage, the more solar panels can save the homeowners on their energy bills.
The price of solar panels can vary depending on the type of solar panels you choose.
There are two main types of solar panels for residential solar installations: monocrystalline and polycrystalline. Monocrystalline solar panels tend to be more efficient and more expensive than other solar panels. Polycrystalline panels have a lower efficiency rating and come at a lower price point.
The type of inverter you buy will also influence the cost of your solar system.
You may see some solar quotes with prices that seem too good to be true.
If you get quoted for a ridiculously cheap price, the installer might be using low-quality equipment or an unsustainable pricing model. You want to use a solar installer that is charging enough so that they can stay in business - as you’ll be relying on them for the next 25 years!
It’s important to make sure that your installer is giving you the best quality at the best price possible. This is why getting multiple solar quotes is so important.
The overall cost of solar can be influenced by the solar incentives available.
Across the U.S., homeowners can apply for the federal solar tax credit. The solar tax credit makes installing solar more cost-effective by providing homeowners with a tax credit equal to 30% of the cost of their installed solar panel system.
Local solar tax incentives and rebates can end up saving homeowners thousands on a solar installation, especially when they’re used with the federal solar tax credit.
See what solar incentives are available in your area by using our solar panel calculator.
The cost of installing residential solar panels in Chestertown varies with the brand of solar panels and inverters you choose, the installation company you choose to install them, the relative ease or difficulty of installing solar panels on your home, and of course the amount of solar panels you need. The amount of solar panels you need is, in turn, related to your energy usage.
The table below shows the data extracted from a real life quote delivered through the SolarReviews marketplace recently for a fairly typical home in Chestertown.
As you can see the payback period is relatively short and equates to a much better return on investment than he historical returns that have been available from investing in things like shares or property.
System information | Value |
---|---|
System Size (for 100% usage offset) | 12.57 kW |
Annual power generation | 19,736 kWh |
Pay-back time (assuming Cash purchase) | 8 Years |
Internal rate of return (IRR) on investment | 8.8% |
Gross cost | $28,166 |
Total Upfront Incentives and Rebates | -$7,322 |
Net Cost of System after rebated and incentives | $20,839 |
Total Cost of Utility Power Avoided over 25 years | $67,458 |