Solar Panels in
South Waterford, ME

Updated 1/15/2022

How much do solar panels cost in South Waterford, ME in 2022?

As of January 2022, the average solar panel cost in South Waterford, ME is $2.74/W. Given a solar panel system size of 5 kilowatts (kW), an average solar installation in South Waterford, ME ranges in cost from $11,645 to $15,755, with the average gross price for solar in South Waterford, ME coming in at $13,700. After accounting for the 26% Federal Investment Tax Credit (ITC) and other state and local solar incentives, the net price you'll pay for solar can fall by thousands of dollars.

Importantly, these costs are typical for solar shoppers comparing solar quotes on the EnergySage Marketplace. When you compare quotes for solar panels on EnergySage's competitive solar marketplace, you can expect to see prices up to 20% lower than working with a single solar company.

Average solar panel cost by system size in South Waterford, ME

System Size System Cost System Cost (after ITC)
3 kW $8,220 $6,083
4 kW $10,960 $8,110
5 kW $13,700 $10,138
6 kW $16,440 $12,166
7 kW $19,180 $14,193
8 kW $21,920 $16,221
9 kW $24,660 $18,248
10 kW $27,400 $20,276

2022 average solar panel cost graph in South Waterford, ME

for a 5kW system

Great Price
$11,645 or less
Market Average
$13,700
Above Market
$15,755 or more
Note: Showing cost data for Oxford County, ME.

Solar installation costs do not include the 26% Federal Investment Tax Credit or local incentives. Learn more about local ME incentives, tax credits & rebates.

Payback Period

10.34 Years

20-Year Savings

$20,079

Cost per Watt

$2.74

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