There are many factors that contribute to the overall cost of having a solar panel system installed at your home or business in Maine. Literally, every system is different. It follows that no two systems will have the exact same cost. Having one of our solar experts provide you with a consultation is the only way to get an exact quote, right down to the penny.
However, we are often asked to provide a “ballpark estimate.” Listed below are price ranges for various size systems, both basic grid-tie systems, along with grid-tie with battery backup systems.
Again, these are only ballpark estimates.
There are so many factors that can significantly effect the final price quote. For instance, an AGM 19.1kWh battery bank can be purchased (cost of equipment only, no installation labor included) for as little as $4,000. The cost to purchase a Lithium ion battery bank (again, cost of equipment only) that provides the exact same storage capacity would run $13,000 to $19,000. That’s a considerable difference.
So, please understand that the price ranges below are NOT set quotes, they are only provided to give you that ballpark estimate. An exact price quote can only be provided by getting a free consultation with one of our specialists. By meeting with one of our solar experts, we can perform a solar energy assessment and provide you with several different options that will meet your needs and desires.
Please keep in mind there are things you can do to keep the cost down – such as choosing an AGM vs. Lithium battery bank. Conversely, there are also factors could potentially drive the price considerably higher. Again, each system is unique.
Here Are Ballpark Price Ranges For Various Systems
The price ranges below include the total cost of the system which includes design, permitting, equipment and installation.
2000 watt Grid Tie: $19,000 to $25,000
2000 watt Grid Tie With Battery Backup: $22,000 to $30,000
4000 watt Grid Tie: $26,000 to $33,000
4000 watt Grid Tie With Battery Backup: $32,000 to $40,000
6000 watt Grid Tie: $31,000 to $39,000
6000 watt Grid Tie With Battery Backup: $37,000 to $46,000
8000 watt Grid Tie: $39,000 to $48,000
8000 watt Grid Tie With Battery Backup: $44,000 to $55,000
Don’t Forget the 30% Federal Tax Credit
There is currently a Federal Tax Credit of 30% which will reduce the above prices ranges by that amount. The tax credit is slated to be available until the end of 2032, however, in politics, policies can change with each election cycle.
With soaring electricity rates and a 30% tax credit, there’s never been a better time to add a solar system to you home or business.
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