Is $44,670 to 14.96 kw solar lease (25 years) a fair price?
Project Details
Homeowner in Pepco territory (Montgomery County, MD) evaluating a 25-year solar lease. Current utility rate is approximately 22 cents/kWh. Concerned about the discrepancy between the sales pitch rate (9.2 cents/kWh based on year 1 estimates) and the long-term effective rate based on guaranteed production and degradation.
Quote Details
25-year solar lease for a 14.96 kW DC system (34 panels) with a fixed monthly payment and 0% escalator. - 14.96 kW DC system size (34 panels) - $148.90 fixed monthly payment for 300 months - 0% annual escalator - 19,422 kWh estimated year 1 production - 16,509 kWh guaranteed year 1 production - 388,873 kWh total guaranteed production over 25-year term - Maintenance and monitoring included by solar lender
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More Details
Category
Solar
Price
$44,670
Quote Date
April 8, 2026
Location
Maryland
# of Panels
34
System Size (kW)
14.96
Warranty (yrs)
25
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