Solar Panel Cost Guide in Avon Park, FL (2024 Update)
- Avon Park Solar Installation Cost: $12,197
- 25-Year Savings: $23,444
- Payback Period: 9.2 Years
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Average Cost of Solar Panels in Avon Park
Let’s take a look at the average cost of solar in Avon Park.
The national average cost of solar panels is $2.66 per watt, but in Avon Park it’s 3 per watt.The average solar panel system size in Avon Park is around 5.4 kilowatts, meaning a cost of about $12,197 for a solar installation, or $17,442 before the 0 federal solar tax credit is applied.
How much you pay can be higher or lower than the average in Avon Park based on a variety of factors, such as the model of solar panels you choose and the solar company you hire.With average savings of about $24,000 on energy bills over 20 years, many homeowners in Avon Park find going solar can pay off big.
For a free quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Avon Park
| Year | Return on Investment |
|---|---|
| 1 years | $-10,474 |
| 3 years | $-7,029 |
| 5 years | $-3,584 |
| 7 years | $-139 |
| 9 years | $3,306 |
| 11 years | $6,751 |
| 13 years | $10,196 |
| 15 years | $13,641 |
| 17 years | $17,086 |
| 19 years | $20,531 |
| 21 years | $23,976 |
| 23 years | $27,421 |
| 25 years | $30,866 |
Top Solar Installers in Avon Park
When making the switch to solar, many homeowners choose to use a solar installation company since installing solar panels yourself can be a challenging project. The payback period on an investment in solar panels will vary depending on factors like your location and energy needs, but working with a solar company can shorten that period. Your provider will be able to help you get the most out of incentives available in your area.
If you're looking for a solar company in Avon Park, the EcoWatch team has compiled a list of our top suggestions here:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Avon Park
Factors that Affect Solar Panel Costs in Avon Park
The cost of installing a solar system in Avon Park can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is the size of the system you need, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. Because of that, it’s a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use.There are many different solar panel brands and the one you choose also affects the cost. Usually, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you’re looking to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a significant investment. That’s why many Avon Park homeowners choose to finance their solar panel systems to make paying for solar more affordable.It’s wise to add the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
The final major cost factor you should take into consideration is the installer you choose. Given the massive popularity of green energy solutions in Avon Park, you’ll have plenty of options to choose from, but each comes at various price points for labor and equipment.Additionally, some companies in Avon Park know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.34 | $14,021 | $22,519 | 9.6 years |
| 8 kW | $3.27 | $18,336 | $30,384 | 9.4 years |
| 10 kW | $3.21 | $22,470 | $38,430 | 9.2 years |
| 12 kW | $3.15 | $26,425 | $46,655 | 9.0 years |
| 14 kW | $3.08 | $30,200 | $55,060 | 8.9 years |
| 16 kW | $3.02 | $33,795 | $63,645 | 8.7 years |
| 18 kW | $2.95 | $37,210 | $72,409 | 8.5 years |
| 20 kW | $2.89 | $40,446 | $81,354 | 8.3 years |
How to Save on Solar Panels
Since the type of solar panels and the installer you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: Long-standing companies likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Installation Process: Make sure you’re on the same page with the installer regarding how the installation process will go and what you need to do before your solar panel system is installed, such as updating or replacing your electrical system or roof.
- Contract: Look through the contract terms closely to make sure you understand the cost breakdown, completion timeline incentives and warranties.
- Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Avon Park, FL Solar Cost FAQs
How much does it cost to install solar panels in Avon Park?
The average cost of solar panels in Avon Park is about $16,050 for a 5-kW system and $32,100 for a 10-kW system before the ITC, but the real cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Avon Park?
You can’t get solar panels for free in Avon Park. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Can you sell solar power back to the grid in Avon Park?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future power bills.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can replace them once you've had them for that long or you can keep using them at a lower efficiency.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.