Solar Panel Cost Guide in Micco, FL (2024 Update)

  • Micco Solar Installation Cost: $11,321
  • 25-Year Savings: $20,236
  • Payback Period: 9.7 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Micco

Find out what the average cost of solar panels are in Micco.

While the national average of solar panels is $2.66 per watt, solar panels in Micco generally cost around 3.The average Micco homeowner needs a 5.0-kilowatt system, which would cost about $11,321 with the federal tax credit, or $16,189 before the 0 tax credit is applied.

Remember that the numbers above are only averages. The price you’ll end up paying for solar may vary based on your household energy consumption, the type of solar system you want to get, your solar contractor and more.For most homeowners, the upfront cost of solar power is worth paying. On average you could be looking at about $22,000 in savings on energy bills over 20 years.

Click the button below to get connected to a highly rated solar installer in your area for a customized estimate.

Solar savings over time in Micco

Year Return on Investment
1 years $-9,948
3 years $-7,200
5 years $-4,453
7 years $-1,706
9 years $1,041
11 years $3,789
13 years $6,536
15 years $9,283
17 years $12,030
19 years $14,778
21 years $17,525
23 years $20,272
25 years $23,019

Top Solar Installers in Micco

Many homeowners opt for a solar installer since installing solar panels by yourself can be a lot of work. Another good thing about going with a top solar installer is that it'll usually provide warranties and free repairs, which help protect your solar system over time.

If you're on the hunt for a solar company in Micco, we've compiled a list of our top suggestions here:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • 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 Micco

Factors that Affect Solar Panel Costs in Micco

The cost of installing a solar system in Micco can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is your system size, and other factors include equipment choices, financing options and the solar company you choose.

Solar Equipment

System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That’s why it’s crucial to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use.There are several different solar panel brands and the one you choose also affects the cost. Generally speaking, the brands that are more efficient tend to also cost more. In addition, the type of equipment you choose can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

If paying for solar panels in cash is difficult, solar loans are an affordable option because they decrease your upfront costs and let you pay for your system over a term of, on average, between five and seven years.While solar loans make switching to solar energy more accessible for Micco homeowners, they can also raise the total you pay for your system due to interest. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.

Solar Panel Installation Company

The final significant cost factor you should consider is the installer you choose. Given the massive popularity of clean energy solutions in Micco, you’ll have lots of options to choose from, but each comes at different price points for labor and equipment.You may see national solar installers that have lower prices due to their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those major players.

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 $20,702 10.1 years
8 kW $3.27 $18,336 $27,963 9.9 years
10 kW $3.21 $22,470 $35,403 9.7 years
12 kW $3.15 $26,425 $43,023 9.5 years
14 kW $3.08 $30,200 $50,822 9.3 years
16 kW $3.02 $33,795 $58,802 9.1 years
18 kW $2.95 $37,210 $66,961 8.9 years
20 kW $2.89 $40,446 $75,300 8.7 years

How to Save on Solar Panels

Since the type of solar panels and the company you choose has an impact on your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:

  • Contract: Review the contract terms thoroughly to make sure you understand the total cost, completion timeline rebates and warranties.
  • Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to do the job well. Another way you can check your installer’s reputation is by reading reviews.
  • Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar company, such as what permits you should acquire and how long the project will take.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

EcoWatch's Micco, FL Solar Cost FAQs

What is the average cost of installing solar panels in Micco?

This is a tough question to answer exactly, because the cost depends on a few different 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. It will be more expensive if you want other solar equipment or more efficient panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.

Should I lease or buy solar panels in Micco?

Leasing solar panels can be an attractive choice, because it often comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better way to go if you want to get the most savings.

Can solar panels completely eradicate my energy bills?

It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Micco, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.

What solar power system size is right for my home?

The exact number of solar panels you need depends on your household energy needs 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 get 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.

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