Solar Panel Cost Guide in Kendale Lakes, FL (2024 Update)
- Kendale Lakes Solar Installation Cost: $12,011
- 25-Year Savings: $19,692
- Payback Period: 10.3 Years
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Average Cost of Solar Panels in Kendale Lakes
Let’s take a look at the average cost of solar panels in Kendale Lakes.
The national average cost of solar panels is $2.66 per watt, but in Kendale Lakes it’s 3 per watt.Because a 5.3-kW system is needed to cover the energy consumption of a typical home in Kendale Lakes, the average price of going solar will be about $12,011 after claiming the federal solar tax credit of 0.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy use, the type of solar panels you want to get, your solar contractor and more.With typical savings of about $21,000 on energy bills over 20 years, many homeowners in Kendale Lakes find installing solar panels can be quite rewarding.
You can click the button below to get connected with a top solar company in Kendale Lakes for a quote for your home.
Solar savings over time in Kendale Lakes
| Year | Return on Investment |
|---|---|
| 1 years | $-10,637 |
| 3 years | $-7,890 |
| 5 years | $-5,143 |
| 7 years | $-2,395 |
| 9 years | $352 |
| 11 years | $3,099 |
| 13 years | $5,846 |
| 15 years | $8,594 |
| 17 years | $11,341 |
| 19 years | $14,088 |
| 21 years | $16,835 |
| 23 years | $19,583 |
| 25 years | $22,330 |
Top Solar Installers in Kendale Lakes
Trying to put up solar panels by yourself can be a challenging task, which is why getting a solar installer is a good option for many homeowners. 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.
You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some in Kendale Lakes:
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 Kendale Lakes
Factors that Affect Solar Panel Costs in Kendale Lakes
Although the average cost of a solar system in Kendale Lakes is $12,011, your actual cost may be higher or lower than that. There are quite a few factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more important things to consider.
Solar Equipment
The size of the solar energy system you need to offset your energy usage, 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 around $3,210. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Kendale Lakes, where sunlight is abundant, efficiency can quickly pay off. In addition, 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
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are available from most installers in Kendale Lakes, which can bring down, or in some cases eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also adds to your total costs, so it’s important to include that in your estimate as well. You can always reduce the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you pick will affect your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor.Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and go with the company that offers the products, warranties and services you’re looking for and also is 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 | $18,709 | 10.7 years |
| 8 kW | $3.27 | $18,336 | $25,305 | 10.5 years |
| 10 kW | $3.21 | $22,470 | $32,080 | 10.3 years |
| 12 kW | $3.15 | $26,425 | $39,036 | 10.1 years |
| 14 kW | $3.08 | $30,200 | $46,171 | 9.9 years |
| 16 kW | $3.02 | $33,795 | $53,486 | 9.7 years |
| 18 kW | $2.95 | $37,210 | $60,981 | 9.5 years |
| 20 kW | $2.89 | $40,446 | $68,655 | 9.3 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years likely provide high-quality solar panel installation and expertise.
- Installation Process: An important thing 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 secure and how long the project will take.
- Warranty: If you’re concerned about the durability of your solar panel system, checking if your company offers a 25-year, all-inclusive warranty can help put you at ease.
- 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 brand of solar panel you can get, not every company will have the exact one you may want or need, so make sure you ask for their list of offerings before making your decision.
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 Kendale Lakes, FL Solar Cost FAQs
What is the average cost of installing solar panels in Kendale Lakes?
The average cost of solar panels in Kendale Lakes 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 stuff such as the kind of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Kendale Lakes?
Leasing solar panels can be an option if you can’t pay upfront or get a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Is going solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and how much direct sunlight your roof gets.
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household 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.