Solar Panel Cost Guide in Fish Hawk, FL (2024 Update)
- Fish Hawk Solar Installation Cost: $12,394
- 25-Year Savings: $20,740
- Payback Period: 11.2 Years
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Average Cost of Solar Panels in Fish Hawk
We go over average solar pricing in Fish Hawk.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Fish Hawk, the typical cost of solar panels is 3 per watt.The average solar panel system size in Fish Hawk is around 5.5 kilowatts, meaning a cost of about $12,394 for a solar installation, or $17,723 before the 0 federal solar tax credit is applied.
These figures are only estimates, and the cost of going solar for you may vary based on your energy needs and what company you choose to go with.With average savings of about $20,000 on power bills over 20 years, many homeowners in Fish Hawk find installing solar panels can be quite rewarding.
You can click the button below to get connected with a vetted solar company in Fish Hawk that can help you get a more accurate cost estimate for your home.
Solar savings over time in Fish Hawk
| Year | Return on Investment |
|---|---|
| 1 years | $-11,069 |
| 3 years | $-8,418 |
| 5 years | $-5,767 |
| 7 years | $-3,116 |
| 9 years | $-466 |
| 11 years | $2,185 |
| 13 years | $4,836 |
| 15 years | $7,486 |
| 17 years | $10,137 |
| 19 years | $12,788 |
| 21 years | $15,439 |
| 23 years | $18,089 |
| 25 years | $20,740 |
Top Solar Installers in Fish Hawk
Many homeowners opt for a solar installation company since figuring out how to install solar panels on your own can be time-consuming. In addition, if you’d like to maximize your investment in solar power, using a solar company can help with that as well. Different providers can offer repairs, expertise on how to install solar panels and sometimes even information on local incentives, rebates and net metering programs.
If you're searching for a solar company in Fish Hawk, the EcoWatch team has organized 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 Fish Hawk
Factors that Affect Solar Panel Costs in Fish Hawk
There are many criteria that can play into your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
When it comes to estimating the price of a solar energy system in Fish Hawk, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy consumption, which you can determine by looking at past power bills. Your overall cost can increase by about $3,210 for each additional kilowatt you need.There are a lot of different solar panel brands and the one you pick also changes the cost. Usually, the brands that have better efficiency tend to also cost more. Additionally, the type of equipment you want 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 utility bills over time, but they can also be a significant investment. That’s why many Fish Hawk homeowners decide to finance their solar panel systems to make paying for solar more affordable.However, the interest on solar loans also adds to your all-in costs, so it’s important to take that into consideration as well. You can always reduce the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you opt for to handle your switch to sustainable energy can play a role in your total costs. There are about 3 solar installation companies operating in Fish Hawk, and each can charge different amounts for labor and equipment.The size of the company can sometimes play the most considerable role in your costs. 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 can sometimes have better customer service and more customization options, and the occasional sale or promotion 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 | $16,088 | 11.6 years |
| 8 kW | $3.27 | $18,336 | $21,810 | 11.4 years |
| 10 kW | $3.21 | $22,470 | $27,711 | 11.2 years |
| 12 kW | $3.15 | $26,425 | $33,793 | 11.0 years |
| 14 kW | $3.08 | $30,200 | $40,054 | 10.7 years |
| 16 kW | $3.02 | $33,795 | $46,495 | 10.5 years |
| 18 kW | $2.95 | $37,210 | $53,116 | 10.3 years |
| 20 kW | $2.89 | $40,446 | $59,917 | 10.1 years |
How to Save on Solar Panels
The solar panel company you choose will be a major factor in determining not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should keep in mind, such as:
- Warranty: A comprehensive, 25-year warranty can help keep your solar panel system running for years to come and save you money on part replacement and repairs.
- Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the completion timeline.
- Contract: When looking through your solar installer’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios like a system part breaking or the company going out of business.
- Solar Panel Brands: Different companies carry different brands and types of panels. If you know you want a specific brand, make sure the solar panel company you’re considering has it.
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 Fish Hawk, FL Solar Cost FAQs
What is the average cost of installing solar panels in Fish Hawk?
This is a hard question to answer precisely, because the cost depends on a variety of factors. Generally speaking, it costs about $16,050 for a 5-kW system and $32,100 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or more efficient panels, or if you have above-average energy consumption. Conversely, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Are solar panels free in Fish Hawk?
You can’t get solar panels for free in Fish Hawk. However, you may still be able to install 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.
Can you sell solar power back to the grid in Fish Hawk?
The majority of states offer 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 energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.