Solar Panel Cost Guide in North Brooksville, FL (2024 Update)
- North Brooksville Solar Installation Cost: $12,554
- 25-Year Savings: $22,523
- Payback Period: 9.7 Years
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Average Cost of Solar Panels in North Brooksville
Here’s how much it might cost to switch to solar power in North Brooksville.
The national average cost of solar panels is $2.66 per watt, but in North Brooksville it’s 3 per watt.The average solar panel system size in North Brooksville is around 5.6 kilowatts, meaning a cost of about $12,554 for a solar installation, or $17,952 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average North Brooksville homeowner. The cost of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.Despite the large upfront cost, the average North Brooksville homeowner can save about $23,000 on their energy bills over 20 years, which is one of the perks of solar.
To see your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in North Brooksville
| Year | Return on Investment |
|---|---|
| 1 years | $-10,780 |
| 3 years | $-7,230 |
| 5 years | $-3,681 |
| 7 years | $-131 |
| 9 years | $3,419 |
| 11 years | $6,968 |
| 13 years | $10,518 |
| 15 years | $14,067 |
| 17 years | $17,617 |
| 19 years | $21,166 |
| 21 years | $24,716 |
| 23 years | $28,266 |
| 25 years | $31,815 |
Top Solar Installers in North Brooksville
Although it's possible to install solar panels yourself, it requires extra time and expertise. That's why the majority of homeowners choose to hire a solar panel installer. Plus, if you aren’t sure what kind of solar panels and equipment you may need, a solar expert can help you find the right equipment for you after a site survey and consultation.
There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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 North Brooksville
Factors that Affect Solar Panel Costs in North Brooksville
For many North Brooksville homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in North Brooksville, with typical prices between $20,000 to $40,000. There are several factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the cost of a solar system in North Brooksville, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy consumption, which you can figure out by looking at past power bills. Your overall cost can increase by about $3,210 for each additional kilowatt you need.The model of solar panels and equipment you choose is another factor that will significantly influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more costly. Moreover, solar equipment consists of more than just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when researching a solar system that falls within your budget.
Solar Financing Terms
Most solar installers in North Brooksville have solar loans, which reduce your upfront costs of installing a solar system.It’s a good idea to add 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 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 panels can play a part in determining the cost. North Brooksville’s solar companies all have different labor costs and add varying upcharges to equipment. You may see national solar installers that have lower prices because of their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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 | $20,791 | 10.1 years |
| 8 kW | $3.27 | $18,336 | $28,081 | 9.9 years |
| 10 kW | $3.21 | $22,470 | $35,550 | 9.7 years |
| 12 kW | $3.15 | $26,425 | $43,200 | 9.5 years |
| 14 kW | $3.08 | $30,200 | $51,029 | 9.3 years |
| 16 kW | $3.02 | $33,795 | $59,038 | 9.1 years |
| 18 kW | $2.95 | $37,210 | $67,226 | 8.9 years |
| 20 kW | $2.89 | $40,446 | $75,595 | 8.7 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be a tough decision, we have some tips to help you, such as:
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the completion timeline.
- Contract: Read the contract terms closely to make sure you understand the overall cost, project completion timeline incentives and warranties.
- Reputation: Long-standing companies likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Warranty: Warranties that provide coverage for replacement parts and repairs over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one mark of a good company.
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 North Brooksville, FL Solar Cost FAQs
What is the average cost of installing solar panels in North Brooksville?
This is a difficult question to answer exactly, because the cost depends on many 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 above-average energy consumption. On the flip side, 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 North Brooksville?
Leasing solar panels can be an appealing 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 option if you want to get the most savings.
Can you sell solar power back to the grid in North Brooksville?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future utility bills.
How often do you have to replace solar panels?
Even though 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 decide to replace them after having them for that long or you can continue to use 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.