Solar Panel Cost Guide in Belle Isle, FL (2024 Update)

  • Belle Isle Solar Installation Cost: $12,301
  • 25-Year Savings: $21,438
  • Payback Period: 9.9 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Belle Isle

Let’s have a look at the average cost of solar panels in Belle Isle.

The national average cost of solar panels is $2.66 per watt, but in Belle Isle it’s 3 per watt.The average Belle Isle homeowner needs a 5.5-kilowatt system, which would cost about $12,301 with the federal tax credit, or $17,590 before the 0 tax credit is applied.

Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar will differ based on your household energy consumption, the type of solar system you want, your solar contractor and more.Even with the large initial cost, the average Belle Isle homeowner can save about $22,000 on their energy bills over 20 years, which is one of the benefits of solar.

Click the button below to get connected to a top solar company in your area for a personalized quote.

Solar savings over time in Belle Isle

Year Return on Investment
1 years $-10,526
3 years $-6,977
5 years $-3,427
7 years $122
9 years $3,672
11 years $7,222
13 years $10,771
15 years $14,321
17 years $17,870
19 years $21,420
21 years $24,969
23 years $28,519
25 years $32,069

Top Solar Installers in Belle Isle

When switching to solar energy, many homeowners opt to go with a solar installation company since putting up a solar system yourself can be a challenging project. Another good thing about going with a reputable solar installer is that it'll likely provide warranties and free repairs, which help protect your investment.

If you're searching for a solar installer in Belle Isle, the EcoWatch team has compiled a list of our top suggestions here:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

See all of the solar companies in Belle Isle

Factors that Affect Solar Panel Costs in Belle Isle

Cost is typically one of the most important factors for homeowners wanting to invest in solar. There are a few major factors that determine your overall cost in Belle Isle: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.

Solar Equipment

System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. For that reason, it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Belle Isle, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

Many homeowners find the average cost of solar in Belle Isle to be too expensive, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides financing options. Solar loans greatly decrease upfront costs in most cases, but they also result in a higher cost over time due to interest.Although solar loans make switching to solar energy more accessible for Belle Isle homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Belle Isle is the company you get to install your PV system. As with choosing a company to renovate your kitchen, for instance, there’s no shortage of solar installers that offer a range of services at different costs.Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and find a company that provides the products, warranties and services you’re looking for and also fits within your budget.

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 $20,101 10.3 years
8 kW $3.27 $18,336 $27,160 10.1 years
10 kW $3.21 $22,470 $34,400 9.9 years
12 kW $3.15 $26,425 $41,819 9.7 years
14 kW $3.08 $30,200 $49,418 9.5 years
16 kW $3.02 $33,795 $57,197 9.3 years
18 kW $2.95 $37,210 $65,156 9.1 years
20 kW $2.89 $40,446 $73,294 8.9 years

How to Save on Solar Panels

Since the kind of solar panels and the installation company you choose significantly affects your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:

  • Contract: It’s important to look over your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about the cost.
  • Solar Panel Brands: Different companies will carry different brands and models of panels. If you want a specific brand, make sure the solar company you’re considering has it.
  • Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the completion timeline.
  • Warranty: Warranties that provide coverage for defective panels and repairs over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one indication of a good company.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

EcoWatch's Belle Isle, FL Solar Cost FAQs

How much does it cost to install solar panels in Belle Isle?

The average cost of solar panels in Belle Isle 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 such as the type of solar panels you want, what size system you need and how much energy you consume.

Can you get solar panels for free in Belle Isle?

Solar panels aren’t free in Belle Isle, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.

How will having solar panels impact how much my home is worth?

Solar panels can increase your home value considerably as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."

What solar power system size is right for my home?

The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to account for their typical energy usage.

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.

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