Solar Panel Cost Guide in Orlovista, FL (2024 Update)
- Orlovista Solar Installation Cost: $12,301
- 25-Year Savings: $21,159
- Payback Period: 10.0 Years
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Average Cost of Solar Panels in Orlovista
Let’s have a look at the average cost of solar in Orlovista.
The average cost of solar panels in Orlovista is 3 per watt.Since a 5.5-kW system is needed to cover the energy usage of a typical home in Orlovista, the average price of going solar will be about $12,301 after claiming the federal solar tax credit of 0.
The true cost of your system can be higher or lower than the average in Orlovista based on a variety of factors, such as the kind of solar panels you choose and the solar installer you hire.Many homeowners find installing a solar panel system is a sound investment. The average homeowner in Orlovista can save around $21,000 on their energy bills over 20 years.
Click the button below to get connected to a vetted solar installer in Orlovista for a customized estimate.
Solar savings over time in Orlovista
| Year | Return on Investment |
|---|---|
| 1 years | $-10,526 |
| 3 years | $-6,977 |
| 5 years | $-3,427 |
| 7 years | $122 |
| 9 years | $3,672 |
| 11 years | $7,222 |
| 13 years | $10,771 |
| 15 years | $14,321 |
| 17 years | $17,870 |
| 19 years | $21,420 |
| 21 years | $24,969 |
| 23 years | $28,519 |
| 25 years | $32,069 |
Top Solar Installers in Orlovista
Trying to install solar panels on your own can be a stressful task, which is why hiring a solar installer is a good option for many homeowners. Another upside of working with a solar company is that they can help you optimize your ROI by lowering your future costs of repairs and replacements because of warranties and informing you of local incentives you can take advantage of.
If you’d like to make the switch to solar but still aren’t certain which solar panel company to go with, here are our recommendations for providers in Orlovista:
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 Orlovista
Factors that Affect Solar Panel Costs in Orlovista
The cost of installing a solar system in Orlovista can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to spend around $3,210 per kilowatt in Orlovista.The kind of solar panels and equipment you get is another factor that will largely affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Moreover, solar equipment goes beyond just the solar panels themselves. You’ll also need to think about 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
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are offered by most installers in Orlovista, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more affordable.When estimating your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar panel installer you select will impact your total cost to go solar. Different companies will charge different amounts for the equipment and labor.Larger national companies typically have lower costs, but some local companies undercut 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 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 | $19,795 | 10.4 years |
| 8 kW | $3.27 | $18,336 | $26,753 | 10.2 years |
| 10 kW | $3.21 | $22,470 | $33,891 | 10.0 years |
| 12 kW | $3.15 | $26,425 | $41,209 | 9.8 years |
| 14 kW | $3.08 | $30,200 | $48,706 | 9.6 years |
| 16 kW | $3.02 | $33,795 | $56,383 | 9.4 years |
| 18 kW | $2.95 | $37,210 | $64,240 | 9.2 years |
| 20 kW | $2.89 | $40,446 | $72,276 | 9.0 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you hire.
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Warranty: Each company may offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
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 Orlovista, FL Solar Cost FAQs
How much does it cost to install solar panels in Orlovista?
The average cost of solar panels in Orlovista 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 things such as the type of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Orlovista?
Leasing solar panels can be an appealing choice, as it typically 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.
How will having solar panels impact my property value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Orlovista is currently $353,828, which means you can look forward to a value of about $14,507 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Orlovista is a worthwhile investment.
How long do solar panels last in Orlovista?
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 choose to replace them once you've had 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.