Solar Panel Cost Guide in Naranja, FL (2024 Update)
- Naranja Solar Installation Cost: $11,950
- 25-Year Savings: $19,488
- Payback Period: 10.3 Years
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Average Cost of Solar Panels in Naranja
Find out what the average cost of solar panel installation is in Naranja.
In Naranja, solar panels cost about 3 per watt on average.To account for the typical energy usage of the average home in Naranja, most homeowners require a 5.3-kilowatt system. Using the figure above, a solar installation costs about $11,950, or $17,088 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The exact cost of making the switch to solar can vary quite a bit depending on multiple factors, such as what size system you need, your energy consumption and what installation company you go with.Many homeowners find adopting solar power is a sound investment. The average homeowner in Naranja can save around $21,000 on their energy bills over 20 years.
To calculate your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Naranja
| Year | Return on Investment |
|---|---|
| 1 years | $-10,576 |
| 3 years | $-7,829 |
| 5 years | $-5,082 |
| 7 years | $-2,335 |
| 9 years | $412 |
| 11 years | $3,160 |
| 13 years | $5,907 |
| 15 years | $8,654 |
| 17 years | $11,401 |
| 19 years | $14,149 |
| 21 years | $16,896 |
| 23 years | $19,643 |
| 25 years | $22,390 |
Top Solar Installers in Naranja
Although it's possible to install solar panels on your own, it requires extra effort and knowledge. For that reason, the majority of homeowners choose to go with a solar panel installer. Plus, if you aren’t sure what type of solar panels and equipment you want, a solar expert can help you figure that out after a site survey and consultation.
If you’d like to go solar but still aren’t sure which solar installer to go with, here are our suggestions for providers near you:
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 Naranja
Factors that Affect Solar Panel Costs in Naranja
For many Naranja homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Naranja, with typical prices between $20,000 to $40,000. There are numerous factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. For that reason, it’s crucial to accurately ascertain 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 pick also changes the cost. Typically, 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 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
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are offered by most installers in Naranja, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible.While solar loans make switching to solar energy more accessible for Naranja homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar panel installer you select will influence your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor.Larger national companies generally have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have access to 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 | $18,591 | 10.7 years |
| 8 kW | $3.27 | $18,336 | $25,147 | 10.5 years |
| 10 kW | $3.21 | $22,470 | $31,884 | 10.3 years |
| 12 kW | $3.15 | $26,425 | $38,800 | 10.1 years |
| 14 kW | $3.08 | $30,200 | $45,895 | 9.9 years |
| 16 kW | $3.02 | $33,795 | $53,171 | 9.7 years |
| 18 kW | $2.95 | $37,210 | $60,626 | 9.5 years |
| 20 kW | $2.89 | $40,446 | $68,261 | 9.3 years |
How to Save on Solar Panels
The solar installer you choose will impact not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should consider, including:
- Warranty: An all-inclusive, long-term warranty can help keep your solar panels running smoothly and save you money on part replacement and repairs.
- Contract: Read the contract terms carefully to make sure you understand the cost breakdown, project timeline rebates and warranties.
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
- Installation Process: An important thing to understand when adopting solar energy is the installation process itself. Be sure to align on any details you need to know with your solar installer, such as what permits you should acquire and how long the project will take.
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 Naranja, FL Solar Cost FAQs
How much does it cost to install solar panels in Naranja?
The average cost of solar panels in Naranja 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 such as the model of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Naranja?
Leasing solar panels can be an option if you can’t afford to 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 home 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.
Can solar panels eliminate my energy bills?
Solar panels can potentially eliminate your electricity bills depending on where you’re located 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 $1,087.07 per year.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the average daily 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 buy between 20 and 35 panels to account for 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.