Solar Panel Cost Guide in Sawgrass, FL (2024 Update)
- Sawgrass Solar Installation Cost: $12,181
- 25-Year Savings: $20,151
- Payback Period: 10.2 Years
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Average Cost of Solar Panels in Sawgrass
Find out how much it might cost to make the switch to solar in Sawgrass.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Sawgrass, the average cost of a solar system is 3 per watt.The average Sawgrass homeowner needs a 5.4-kilowatt system, which would cost about $12,181 with the federal tax credit, or $17,419 before the 0 tax credit is applied.
These figures are just estimates, and your own solar costs may vary based on factors unique to your home and what company you choose to go with.Despite the significant upfront cost, the average Sawgrass homeowner can save around $21,000 on their energy bills over 20 years, which is one of the positives of solar.
To calculate your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Sawgrass
| Year | Return on Investment |
|---|---|
| 1 years | $-10,807 |
| 3 years | $-8,060 |
| 5 years | $-5,313 |
| 7 years | $-2,565 |
| 9 years | $182 |
| 11 years | $2,929 |
| 13 years | $5,676 |
| 15 years | $8,424 |
| 17 years | $11,171 |
| 19 years | $13,918 |
| 21 years | $16,665 |
| 23 years | $19,413 |
| 25 years | $22,160 |
Top Solar Installers in Sawgrass
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can use up a lot of your time and energy. Going with an installer can make swapping over to solar power much easier. Also, if you’d like to maximize your investment in solar energy, opting for a solar installer can help with that too. Different providers can offer repairs, expertise on installation and sometimes even information on local incentives and net metering programs.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some near you:
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 Sawgrass
Factors that Affect Solar Panel Costs in Sawgrass
Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that will push your cost above or below the average in Sawgrass: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
When it comes to estimating the price of a solar panel system in Sawgrass, one of the most important 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 usage, which you can gauge by looking at past power bills. Your overall cost can increase by around $3,210 for each additional kilowatt you need.The brand and type of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
If paying for a solar system out of pocket is difficult, solar loans are a solid choice because they decrease your upfront costs and let you pay for your system over five to seven years on average.However, the interest on solar loans also increases your overall costs, so it’s vital to take that into consideration as well. You can always lower the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you hire to handle your switch to clean energy can play a role in your total costs. There are about 3 solar installation companies in Sawgrass, and each can charge varying amounts for labor and equipment.Larger national companies usually have lower costs, but some local companies compete with them by promoting 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 | $18,908 | 10.6 years |
| 8 kW | $3.27 | $18,336 | $25,570 | 10.4 years |
| 10 kW | $3.21 | $22,470 | $32,412 | 10.2 years |
| 12 kW | $3.15 | $26,425 | $39,433 | 10.0 years |
| 14 kW | $3.08 | $30,200 | $46,635 | 9.8 years |
| 16 kW | $3.02 | $33,795 | $54,016 | 9.6 years |
| 18 kW | $2.95 | $37,210 | $61,577 | 9.4 years |
| 20 kW | $2.89 | $40,446 | $69,318 | 9.2 years |
How to Save on Solar Panels
The solar installer you go with will influence not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, including:
- Solar Panel Brands: The brand of solar panel you’d like to get plays a part in which installer you should go with, since different companies have access to different panels.
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. A couple of 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 positive reviews from previous customers.
- Contract: Before you sign a contract with a solar installer, be sure to look it over carefully so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
- Warranty: If you care about the durability of your solar energy system, ensuring your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
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 Sawgrass, FL Solar Cost FAQs
How much does it cost to install solar panels in Sawgrass?
This is a hard question to answer exactly, because the cost depends on a variety of factors. Broadly 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 cost more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you want a smaller solar panel system or less efficient solar panels.
What other factors should I consider aside from cost when buying solar panels?
Cost is a key factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
How will having solar panels impact my home 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 Sawgrass is currently $521,182, which means you can expect a value of about $21,368 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Sawgrass is a rewarding investment.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can opt 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.