Solar Panel Cost Guide in Gonzalez, FL (2024 Update)
- Gonzalez Solar Installation Cost: $13,072
- 25-Year Savings: $25,388
- Payback Period: 9.2 Years
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Average Cost of Solar Panels in Gonzalez
See how much it might cost to install solar panels in Gonzalez.
The average cost of a solar system in Gonzalez is 3 per watt.To account for the typical energy usage of the average home in Gonzalez, most homeowners require a 5.8-kilowatt system. Using the figure above, a solar installation costs around $13,072, or $18,693 before the federal solar tax credit of 0 is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Gonzalez homeowners. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.With average savings of about $23,000 on energy bills over 20 years, many homeowners in Gonzalez find investing in solar can pay off big.
Click the button below to get connected to a top solar panel company in Gonzalez for a personalized estimate.
Solar savings over time in Gonzalez
| Year | Return on Investment |
|---|---|
| 1 years | $-11,313 |
| 3 years | $-7,794 |
| 5 years | $-4,276 |
| 7 years | $-757 |
| 9 years | $2,761 |
| 11 years | $6,280 |
| 13 years | $9,798 |
| 15 years | $13,317 |
| 17 years | $16,835 |
| 19 years | $20,354 |
| 21 years | $23,872 |
| 23 years | $27,391 |
| 25 years | $30,909 |
Top Solar Installers in Gonzalez
When making the switch to solar, many homeowners decide to go with a solar installation company since installing solar panels yourself can be a time-consuming project. Also, companies with a high reputation that are more expensive upfront could actually save you money in the long term because of their warranties, repair services and expert design.
Working with a licensed solar company can help you make the most of your investment in solar. Here are our recommendations:
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 Gonzalez
Factors that Affect Solar Panel Costs in Gonzalez
The cost of installing a solar system in Gonzalez can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
The size of the solar system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $3,210. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Gonzalez, 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
If paying for a solar system in cash is too expensive, solar loans are a solid route because they reduce your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.It’s a good idea to include 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 off the loan.
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 Gonzalez is the company you get to install your solar panel system. Similar to choosing a company to install new cabinets, for example, there are plenty of solar installers that provide a range of services for different budgets.Additionally, some companies in Gonzalez have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you 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 | $22,788 | 9.5 years |
| 8 kW | $3.27 | $18,336 | $30,744 | 9.3 years |
| 10 kW | $3.21 | $22,470 | $38,879 | 9.2 years |
| 12 kW | $3.15 | $26,425 | $47,194 | 9.0 years |
| 14 kW | $3.08 | $30,200 | $55,689 | 8.8 years |
| 16 kW | $3.02 | $33,795 | $64,364 | 8.6 years |
| 18 kW | $2.95 | $37,210 | $73,218 | 8.4 years |
| 20 kW | $2.89 | $40,446 | $82,252 | 8.2 years |
How to Save on Solar Panels
The solar installer you choose will impact not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should keep in mind, such as:
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Even though there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to take a look at their list of options before deciding.
- Contract: Look through the contract terms carefully to make sure you understand the cost breakdown, project completion timeline rebates and warranties.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar company, such as what permits you should acquire and what the project timeline is.
- Warranty: An all-inclusive, long-term warranty can help keep your solar system running for a long time and save you money on part replacement and repairs.
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 Gonzalez, FL Solar Cost FAQs
What is the average cost of installing solar panels in Gonzalez?
The average cost of solar panels in Gonzalez 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 certain factors like the type of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to consider when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How will installing solar panels impact how much my home is worth?
Solar panels can increase your property’s value significantly 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?
To figure out how many solar panels you need, you need to know how much energy your home uses 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.