Solar Panel Cost Guide in Orange Park, FL (2024 Update)
- Orange Park Solar Installation Cost: $12,787
- 25-Year Savings: $19,850
- Payback Period: 10.7 Years
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Average Cost of Solar Panels in Orange Park
Find out what the average cost of a solar system is in Orange Park.
Although the national average of solar panels is $2.66 per watt, solar panels in Orange Park typically cost around 3.The average solar panel system size in Orange Park is around 5.7 kilowatts, meaning a cost of about $12,787 for a solar installation, or $18,285 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The true cost of installing solar panels can vary quite a bit based on several factors, such as what size system you need, your energy consumption and what solar installer you go with.With average savings of about $20,000 on power bills over 20 years, many homeowners in Orange Park find investing in solar can pay off big.
Click the button below to get connected to a reputable solar panel company in Orange Park for a customized quote.
Solar savings over time in Orange Park
| Year | Return on Investment |
|---|---|
| 1 years | $-11,277 |
| 3 years | $-8,258 |
| 5 years | $-5,239 |
| 7 years | $-2,220 |
| 9 years | $799 |
| 11 years | $3,818 |
| 13 years | $6,837 |
| 15 years | $9,856 |
| 17 years | $12,875 |
| 19 years | $15,894 |
| 21 years | $18,913 |
| 23 years | $21,932 |
| 25 years | $24,951 |
Top Solar Installers in Orange Park
Many homeowners choose to use a solar panel installer since trying to install solar panels on your own can be a lot of work. Plus, if you aren’t sure what type of solar panels and equipment you may need, a solar company can help you figure that out after a site survey and consultation.
There are a number of licensed solar professionals that can take care of your solar installation project. 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 Orange Park
Factors that Affect Solar Panel Costs in Orange Park
There are a number of criteria that can influence your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power production need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,210.There are several different solar panel brands and the one you choose also affects the cost. Usually, the brands that are more efficient tend to also be more expensive. Additionally, the type of equipment you’re looking to get can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Solar panels can save you money on energy bills over time, but they can also be a significant investment. That’s why many Orange Park homeowners decide to finance their solar panel systems to make paying for solar more affordable.When considering your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The solar company you opt for to handle your switch to renewable energy can play a part in your total costs. There are about 3 solar panel companies in Orange Park, and each can charge varying amounts for labor and equipment.Larger national companies generally have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric car 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 | $17,533 | 11.1 years |
| 8 kW | $3.27 | $18,336 | $23,737 | 10.9 years |
| 10 kW | $3.21 | $22,470 | $30,121 | 10.7 years |
| 12 kW | $3.15 | $26,425 | $36,684 | 10.5 years |
| 14 kW | $3.08 | $30,200 | $43,428 | 10.3 years |
| 16 kW | $3.02 | $33,795 | $50,351 | 10.0 years |
| 18 kW | $2.95 | $37,210 | $57,453 | 9.8 years |
| 20 kW | $2.89 | $40,446 | $64,736 | 9.6 years |
How to Save on Solar Panels
Since the kind 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 things to keep in mind to help with your decision:
- Contract: It’s important to look over your solar installer’s contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Warranty: Each company may offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: Make sure you’re on the same page with the company in regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years most likely provide quality solar panel installation and expertise.
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 Orange Park, FL Solar Cost FAQs
What is the average cost of installing solar panels in Orange Park?
The average cost of solar panels in Orange Park 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 such as the type of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
The initial cost is a crucial factor to consider, but whether it’s the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Do solar panels increase your property value?
Solar panels can increase the value of your home considerably as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
How long do solar panels last in Orange Park?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.