Solar Panel Cost Guide in Marianna, FL (2024 Update)
- Marianna Solar Installation Cost: $13,112
- 25-Year Savings: $25,631
- Payback Period: 9.1 Years
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Average Cost of Solar Panels in Marianna
We go over average solar pricing in Marianna.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Marianna, the average cost of a solar system is 3 per watt.The average solar panel system size in Marianna is around 5.8 kilowatts, meaning a cost of about $13,112 for a solar installation, or $18,750 before the 0 federal solar tax credit is applied.
How much you pay can be higher or lower than the average in Marianna based on several factors, such as the brand of solar panels you choose and the solar company you hire.But, after you've paid the upfront cost of installation, the return on investment for most homeowners is quite fruitful, with a net average savings of about $23,000 over 20 years on utility bills.
Click the button below to get connected to a vetted solar panel company in Marianna for a personalized quote.
Solar savings over time in Marianna
| Year | Return on Investment |
|---|---|
| 1 years | $-11,196 |
| 3 years | $-7,362 |
| 5 years | $-3,529 |
| 7 years | $304 |
| 9 years | $4,137 |
| 11 years | $7,971 |
| 13 years | $11,804 |
| 15 years | $15,637 |
| 17 years | $19,471 |
| 19 years | $23,304 |
| 21 years | $27,137 |
| 23 years | $30,970 |
| 25 years | $34,804 |
Top Solar Installers in Marianna
Many homeowners choose to use a solar installation company since trying to install solar panels by yourself can be time-consuming. The payback period on a solar system will vary depending on factors like your location and energy use, but working with a solar company can shorten it. Your provider will be able to help you apply for incentives available in your area.
There are several licensed solar professionals that can install solar panels for you. 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 Marianna
Factors that Affect Solar Panel Costs in Marianna
Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few primary factors that determine your overall cost in Marianna: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. That’s why it’s a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.There are a lot of different solar panel brands and the one you pick also changes the cost. Generally, the brands that have better efficiency tend to also be more expensive. Additionally, the type of equipment you’re looking to get can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in Marianna have solar loans, which reduce the initial cost of installing solar.It’s wise to include the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
Finally, the company you choose to install your solar panel system can influence the cost. Marianna’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies usually have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have 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 | $22,958 | 9.5 years |
| 8 kW | $3.27 | $18,336 | $30,971 | 9.3 years |
| 10 kW | $3.21 | $22,470 | $39,163 | 9.1 years |
| 12 kW | $3.15 | $26,425 | $47,534 | 8.9 years |
| 14 kW | $3.08 | $30,200 | $56,086 | 8.7 years |
| 16 kW | $3.02 | $33,795 | $64,817 | 8.6 years |
| 18 kW | $2.95 | $37,210 | $73,728 | 8.4 years |
| 20 kW | $2.89 | $40,446 | $82,819 | 8.2 years |
How to Save on Solar Panels
There are many companies to choose from in Marianna, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Solar Panel Brands: The kind of solar panel you want plays a part in which company you should choose, since different companies have different panels.
- 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.
- Contract: Though reading through a contract can be tedious, it’s important to do it fully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
- Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
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 Marianna, FL Solar Cost FAQs
How much does it cost to install solar panels in Marianna?
The average cost of solar panels in Marianna 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 Marianna?
Solar panels aren’t free in Marianna, 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 you can take advantage of.
Can solar panels significantly reduce my electricity bills?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $1,232.65 per year.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can keep using them at a lower efficiency.
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.