Solar Panel Cost Guide in Belleview, FL (2024 Update)
- Belleview Solar Installation Cost: $12,744
- 25-Year Savings: $23,987
- Payback Period: 9.4 Years
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Average Cost of Solar Panels in Belleview
Find out what the average cost of solar panels are in Belleview.
The national average cost of solar panels is $2.66 per watt, but in Belleview it’s 3 per watt.The average solar panel system size in Belleview is around 5.7 kilowatts, meaning a cost of about $12,744 for a solar installation, or $18,224 before the 0 federal solar tax credit is applied.
The true cost of your system can be above or below the average in Belleview depending on a variety of factors, such as the type of solar panels you choose and the solar contractor you hire.Despite the significant initial cost, the average Belleview homeowner can save around $24,000 on their electricity bills over 20 years, which is one of the advantages of solar.
To receive a free estimate from a top solar installation company in Belleview, you can click the button below.
Solar savings over time in Belleview
| Year | Return on Investment |
|---|---|
| 1 years | $-10,969 |
| 3 years | $-7,420 |
| 5 years | $-3,870 |
| 7 years | $-321 |
| 9 years | $3,229 |
| 11 years | $6,778 |
| 13 years | $10,328 |
| 15 years | $13,878 |
| 17 years | $17,427 |
| 19 years | $20,977 |
| 21 years | $24,526 |
| 23 years | $28,076 |
| 25 years | $31,625 |
Top Solar Installers in Belleview
Installing solar panels by yourself can be a dangerous undertaking, which is why hiring a solar installation company is a good option for many homeowners. A solar company can also help save you money over time by providing warranties, repairs and part replacements.
There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
Best National Provider
SunPower
- 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
- 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
See all of the solar companies in Belleview
Factors that Affect Solar Panel Costs in Belleview
There are many criteria that can determine your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
The size of the solar energy system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $3,210. The brand of solar panels and equipment you want is another factor that will largely impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Moreover, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that’s in your budget.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a big investment. That’s why many Belleview homeowners choose to finance their solar panel systems to make going solar more affordable.However, the interest on solar loans also adds to your total costs, so it’s important to take that into consideration as well. You can always lower the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The last key cost factor you should take into consideration is the installer you choose. Given the massive popularity of clean energy solutions in Belleview, you’ll have a great number of options to choose from, but each comes at different price points for labor and equipment.The size of the company can sometimes play the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because of more resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger companies.
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 | $21,980 | 9.7 years |
| 8 kW | $3.27 | $18,336 | $29,666 | 9.5 years |
| 10 kW | $3.21 | $22,470 | $37,532 | 9.4 years |
| 12 kW | $3.15 | $26,425 | $45,577 | 9.2 years |
| 14 kW | $3.08 | $30,200 | $53,802 | 9.0 years |
| 16 kW | $3.02 | $33,795 | $62,208 | 8.8 years |
| 18 kW | $2.95 | $37,210 | $70,792 | 8.6 years |
| 20 kW | $2.89 | $40,446 | $79,557 | 8.4 years |
How to Save on Solar Panels
Since the kind 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 things to keep in mind to help with your decision:
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years in most cases provide high-quality solar panel installation and expertise.
- Warranty: If you’re worried about the durability of your solar panel system, ensuring your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Installation Process: Make sure you’re on the same page with the company with regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Solar Panel Brands: The type of solar panel you need plays a part in which company you should opt for, since different companies offer different panels.
Best National Provider
SunPower
- 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
- 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
EcoWatch's Belleview, FL Solar Cost FAQs
How much does it cost to install solar panels in Belleview?
The average cost of solar panels in Belleview 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 model of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Belleview?
Solar panels aren’t free in Belleview, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Does Belleview have a net metering program?
The majority of states have net metering programs of some kind. Through these, you can be compensated for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Belleview?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.