*Prices are shown after applying the 30% federal tax credit.
As of Apr 2024, the average cost of solar panels in Selbyville is $2.63 per watt making a typical 6000 watt (6 kW) solar system $11,048 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 | $2.87 | $8,041 |
5kW | $2.76 | $9,645 |
6kW | $2.63 | $11,048 |
7kW | $2.60 | $12,758 |
8kW | $2.64 | $14,798 |
9kW | $2.55 | $16,065 |
10kW | $2.52 | $17,663 |
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
4.92 370 Reviews
JLF, 1 week ago
Lumina installed my solar system about three weeks ago, and it is already up and running. The experience from day 1 -- sales representative, schedulers, installers, etc. -- was excellent on all counts. Installation went according to schedule with no hiccups. I chose Lumina as the first among three firms that I investigated, and received bids. In addition to be the best value for the money in terms of the quality of panels, microinverters, installation hardware, critter guards., I found them to be the most honest regarding estimating real production given shading cover on the south side of my house. Another firm suggested that their proposed system would deliver 100% of capacity, which was not the case. Still another firm wanted me to cut down some trees (a non starter). Lumina also used the Aurora solar modeling software in which the Lumina representative worked with me (interactively) to develop the best design given the tree cover, roof angle, etc. We were able to test different designs in which we varied the number of panels, their placement, etc. There was no hard sell pressure, and the sales rep. explained with detail and clarity all issues related to warranties, risks, solar bonds, Maryland grants, and federal tax credits. The price paid was the price quoted. I should state that my goal was never 100% coverage of my electricity consumption. I will be happy with 70%. Finally, as the case with all solar companies Lumina runs a financial model estimating the number of years until payback of the investment (due to savings in one's electricity bill). While Lumina's model is sound, it does not account for the cost of money (discount rate). However, this is not a criticism. I know of no other company that uses a discount rate in their modeling.
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JLF, 1 week ago
Lumina installed my solar system about three weeks ago, and it is already up and running. The experience from day 1 -- sales representative, schedulers, installers, etc. -- was excellent on all counts. Installation went according to schedule with no hiccups. I chose Lumina as the first among three firms that I investigated, and received bids. In addition to be the best value for the money in terms of the quality of panels, microinverters, installation hardware, critter guards., I found them to be the most honest regarding estimating real production given shading cover on the south side of my house. Another firm suggested that their proposed system would deliver 100% of capacity, which was not the case. Still another firm wanted me to cut down some trees (a non starter). Lumina also used the Aurora solar modeling software in which the Lumina representative worked with me (interactively) to develop the best design given the tree cover, roof angle, etc. We were able to test different designs in which we varied the number of panels, their placement, etc. There was no hard sell pressure, and the sales rep. explained with detail and clarity all issues related to warranties, risks, solar bonds, Maryland grants, and federal tax credits. The price paid was the price quoted. I should state that my goal was never 100% coverage of my electricity consumption. I will be happy with 70%. Finally, as the case with all solar companies Lumina runs a financial model estimating the number of years until payback of the investment (due to savings in one's electricity bill). While Lumina's model is sound, it does not account for the cost of money (discount rate). However, this is not a criticism. I know of no other company that uses a discount rate in their modeling.
4.83 537 Reviews
Ryan, 20 hours ago
Working with Solar Energy World was a great experience. They maximized my roof/system and provided the best project value. It was nice working with a company that treated it like a construction project and not just someone who wanted to finance my project. Jeff was a very helpful guide through the whole process.
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Ryan, 20 hours ago
Working with Solar Energy World was a great experience. They maximized my roof/system and provided the best project value. It was nice working with a company that treated it like a construction project and not just someone who wanted to finance my project. Jeff was a very helpful guide through the whole process.
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.
4.73 583 Reviews
Klensi, 8 hours ago
I’m happy with the service and everything going good till now
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Klensi, 8 hours ago
I’m happy with the service and everything going good till now
4.63 58 Reviews
Russell, over 1 month
We had CMI install our solar system several years ago and were very happy with the work and the system. Earlier this year we asked them to help us with a generator hookup. We had no problems until several weeks ago. We contacted CMI and they were able to correct the problem. We definately appreciate the overall quality of their install and their willingness to stand by their work to resolve any issues.
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Russell, over 1 month
We had CMI install our solar system several years ago and were very happy with the work and the system. Earlier this year we asked them to help us with a generator hookup. We had no problems until several weeks ago. We contacted CMI and they were able to correct the problem. We definately appreciate the overall quality of their install and their willingness to stand by their work to resolve any issues.
4.19 34 Reviews
Anonymous, over 1 month
No issues from technical side, but after-sales customer support is not professional. Our Zantrex/Snider box stopped inverting during real-life grid outages. Standard Solar sent a technician who couldn't find or fix the problem, but sent $760 bill without explanation or warning. We had to deal with Snider on our own, and Standard Solar had problem to find proof of purchase. When they send technician to the house, they charge $92/hour, including transportation, on-site downloading manufacturer's instructions, etc. Not the level of service one would expect.
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Average cost (5kW system)
$27,750 ($5.55 per watt)
Anonymous, over 1 month
No issues from technical side, but after-sales customer support is not professional. Our Zantrex/Snider box stopped inverting during real-life grid outages. Standard Solar sent a technician who couldn't find or fix the problem, but sent $760 bill without explanation or warning. We had to deal with Snider on our own, and Standard Solar had problem to find proof of purchase. When they send technician to the house, they charge $92/hour, including transportation, on-site downloading manufacturer's instructions, etc. Not the level of service one would expect.
3.75 2 Reviews
Mary Spencer, over 1 month
What a great experience working with Clean Energy USA on my residential install. I would highly recommend this team to anyone looking to install solar. Everyone at Clean Energy USA was a pleasure to interact with and highly knowledgeable. As a new customer to solar I could not be more appreciative of the efficient and smooth process from sales, back office and intstallation.
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Mary Spencer, over 1 month
What a great experience working with Clean Energy USA on my residential install. I would highly recommend this team to anyone looking to install solar. Everyone at Clean Energy USA was a pleasure to interact with and highly knowledgeable. As a new customer to solar I could not be more appreciative of the efficient and smooth process from sales, back office and intstallation.
3.75 1 Reviews
Ashley, over 1 month
Our electric bills were getting out of hand so we started getting estimates from multiple companies and went with Ryan and his company. Best decision ever.
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Ashley, over 1 month
Our electric bills were getting out of hand so we started getting estimates from multiple companies and went with Ryan and his company. Best decision ever.
3.55 30 Reviews
CDuBM, over 1 month
SunnyMac did have an attractive offer, as I was directed to them by using the EnergyPal service. My EnergyPal advisor pushed to have proceed with a Site Survey to continue moving forward, while waiting for Tesla to come out and take a look. During this period, we had five companies out to take a look and give us quotes (none of them with a fee - more on this below). With SunnyMac however, they sent over an agreement for a "deposit," which did not say nonrefundable, which was due for the site survey. I spoke with my EnergyPal advisor, Caleb Siu who told me the deposit was only owed, if I had SunnyMac submit permits on my behalf, so I agreed to the site visit. Well, my advisor was wrong. I am now receiving $1250 invoices from SunnyMac for the site survey and for "designing" my system, although I had to tell them exactly where to put all of the panels (based on other companies visits), as their proposed designs (poor computer generated models) were terrible and would have been terribly inefficient. Anyway, do not have anyone come to your home from SunnyMac unless you are 100% certain you are going to go with them, or they will send you a trumped up bill and threaten collections.
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CDuBM, over 1 month
SunnyMac did have an attractive offer, as I was directed to them by using the EnergyPal service. My EnergyPal advisor pushed to have proceed with a Site Survey to continue moving forward, while waiting for Tesla to come out and take a look. During this period, we had five companies out to take a look and give us quotes (none of them with a fee - more on this below). With SunnyMac however, they sent over an agreement for a "deposit," which did not say nonrefundable, which was due for the site survey. I spoke with my EnergyPal advisor, Caleb Siu who told me the deposit was only owed, if I had SunnyMac submit permits on my behalf, so I agreed to the site visit. Well, my advisor was wrong. I am now receiving $1250 invoices from SunnyMac for the site survey and for "designing" my system, although I had to tell them exactly where to put all of the panels (based on other companies visits), as their proposed designs (poor computer generated models) were terrible and would have been terribly inefficient. Anyway, do not have anyone come to your home from SunnyMac unless you are 100% certain you are going to go with them, or they will send you a trumped up bill and threaten collections.
3.08 1 Reviews
Anonymous, over 1 month
I have a solar panel system that was installed by wanex and it has rodent damage that was found by Sun power. The technician from Sun Power told me that I would not have had this damage had I been given the option of having a rodent guard system installed at the time of the installation. I at now at a loss of over $5000.00 over negligence on the contractors part. I had also asked the contractor to split the install on my garage roof because of the weight of the panels (over 40lbs.) each and since they did not listen to me at the time of the install my garage which is sitting on stone has since sunk into the ground on the side the panels are installed on and continues to sink. At this point we do not know what to do because these damages are not covered by homeowners insurance.
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Anonymous, over 1 month
I have a solar panel system that was installed by wanex and it has rodent damage that was found by Sun power. The technician from Sun Power told me that I would not have had this damage had I been given the option of having a rodent guard system installed at the time of the installation. I at now at a loss of over $5000.00 over negligence on the contractors part. I had also asked the contractor to split the install on my garage roof because of the weight of the panels (over 40lbs.) each and since they did not listen to me at the time of the install my garage which is sitting on stone has since sunk into the ground on the side the panels are installed on and continues to sink. At this point we do not know what to do because these damages are not covered by homeowners insurance.
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 | $2.45 |
LG Solar | $2.92 |
SunPower | $3.07 |
Panasonic | $2.96 |
LONGi Solar | $2.37 |
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 Selbyville 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 Selbyville.
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) | 11.17 kW |
Annual power generation | 17,067 kWh |
Pay-back time (assuming Cash purchase) | 8.5 Years |
Internal rate of return (IRR) on investment | 7.8% |
Gross cost | $26,427 |
Total Upfront Incentives and Rebates | -$6,870 |
Net Cost of System after rebated and incentives | $19,553 |
Total Cost of Utility Power Avoided over 25 years | $61,369 |