Solar Panel Cost Guide in Combee Settlement, FL (2024 Update)
- Combee Settlement Solar Installation Cost: $12,358
- 25-Year Savings: $16,156
- Payback Period: 11.9 Years
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Average Cost of Solar Panels in Combee Settlement
Let’s take a look at the average cost of solar panels in Combee Settlement.
The average cost of solar panels in Combee Settlement is 3 per watt.The average solar panel system size in Combee Settlement is around 5.5 kilowatts, meaning a cost of about $12,358 for a solar installation, or $17,672 before the 0 federal solar tax credit is applied.
How much you pay can be above or below the average in Combee Settlement depending on several factors, such as the brand of solar panels you choose and the solar contractor you hire.But, once you've paid the initial cost of installation, the savings for most homeowners is typically rewarding, with a net average savings of about $19,000 over 20 years on electricity bills.
To receive a free estimate from a top solar installer in Combee Settlement, you can click the button below.
Solar savings over time in Combee Settlement
| Year | Return on Investment |
|---|---|
| 1 years | $-11,033 |
| 3 years | $-8,382 |
| 5 years | $-5,731 |
| 7 years | $-3,081 |
| 9 years | $-430 |
| 11 years | $2,221 |
| 13 years | $4,871 |
| 15 years | $7,522 |
| 17 years | $10,173 |
| 19 years | $12,824 |
| 21 years | $15,474 |
| 23 years | $18,125 |
| 25 years | $20,776 |
Top Solar Installers in Combee Settlement
When making the switch to solar, many homeowners opt to use a solar company since putting up solar panels yourself can be a time-consuming project. Companies can also provide access to quality options of the best solar panels and help you pick which one will be best for you.
If you’d like to switch to solar energy but still aren’t sure which solar system company to go with, here are our recommendations for providers near you:
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 Combee Settlement
Factors that Affect Solar Panel Costs in Combee Settlement
For many Combee Settlement homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in Combee Settlement, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power generation use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,210.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Combee Settlement, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system out of pocket is difficult, solar loans are an affordable choice because they decrease your upfront costs and let you pay for your system over a term of, on average, between five and seven years.However, the interest on solar loans also adds to your total costs, so it’s important to keep that in mind as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Combee Settlement is the company you choose to install your solar panel system. Similar to choosing a company to install new cabinets, for instance, there are plenty of solar installers that provide a range of services for different budgets.Larger national companies usually have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle charger installation, they might be cheaper overall.
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 | $14,230 | 12.4 years |
| 8 kW | $3.27 | $18,336 | $19,333 | 12.2 years |
| 10 kW | $3.21 | $22,470 | $24,615 | 11.9 years |
| 12 kW | $3.15 | $26,425 | $30,077 | 11.7 years |
| 14 kW | $3.08 | $30,200 | $35,719 | 11.5 years |
| 16 kW | $3.02 | $33,795 | $41,541 | 11.2 years |
| 18 kW | $2.95 | $37,210 | $47,543 | 11.0 years |
| 20 kW | $2.89 | $40,446 | $53,724 | 10.7 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be a challenge, we have some tips to help you, such as:
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, longevity and efficiency. They will come at different price points as well. The company you choose affects which solar panel brands you have access to.
- Contract: Even though reading through a contract can take a lot of time, it’s important to do it thoroughly so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to install your solar system. Another way you can check your installer’s reputation is by reading reviews.
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 Combee Settlement, FL Solar Cost FAQs
How much does it cost to install solar panels in Combee Settlement?
The average cost of solar panels in Combee Settlement is about $16,050 for a 5-kW system and $32,100 for a 10-kW system before the ITC, but the actual cost will depend on things 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 Combee Settlement?
You can’t get solar panels for free in Combee Settlement. 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’d rather own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Combee Settlement?
Solar panels can be a beneficial investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already fairly low, solar panels might not be for you.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy consumption and how much 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 install between 20 and 35 panels to cover 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.