Solar Panel Cost Guide in Southeast Arcadia, FL (2024 Update)
- Southeast Arcadia Solar Installation Cost: $12,279
- 25-Year Savings: $22,654
- Payback Period: 9.5 Years
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Average Cost of Solar Panels in Southeast Arcadia
See how much it might cost to switch to solar power in Southeast Arcadia.
The national average cost of solar panels is $2.66 per watt, but in Southeast Arcadia it’s 3 per watt.Using this figure, a typical 5.5-kW system would cost about $12,279 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Southeast Arcadia homeowner. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.Many homeowners find installing solar panels is a fruitful investment. The average homeowner in Southeast Arcadia can save about $22,000 on their electricity bills over 20 years.
Click the button below to get connected to a top solar company in Southeast Arcadia for a custom quote.
Solar savings over time in Southeast Arcadia
| Year | Return on Investment |
|---|---|
| 1 years | $-10,905 |
| 3 years | $-8,158 |
| 5 years | $-5,410 |
| 7 years | $-2,663 |
| 9 years | $84 |
| 11 years | $2,831 |
| 13 years | $5,578 |
| 15 years | $8,326 |
| 17 years | $11,073 |
| 19 years | $13,820 |
| 21 years | $16,567 |
| 23 years | $19,315 |
| 25 years | $22,062 |
Top Solar Installers in Southeast Arcadia
Although it's possible to install solar panels yourself, it takes extra time and know-how. That's one of the reasons almost all homeowners choose to go with a solar panel installer. Another great thing about going with a reputable solar installer is that it'll provide warranties and free repairs, which help protect your solar investment.
If you’d like to go solar but still aren’t certain which solar panel company to go with, here are our recommendations for providers nearby:
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 Southeast Arcadia
Factors that Affect Solar Panel Costs in Southeast Arcadia
There are several criteria that can determine your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to pay around $3,210 per kilowatt in Southeast Arcadia.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Southeast Arcadia, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Southeast Arcadia to be too costly, even if the investment pays off over time. Thankfully, almost every solar company in the area provides access to financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also lead to paying more over time because of interest.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you opt for 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 hire to handle your switch to solar energy can play a part in your total costs. There are about 3 solar installation companies operating throughout Southeast Arcadia, 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 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 | $21,479 | 9.9 years |
| 8 kW | $3.27 | $18,336 | $28,998 | 9.7 years |
| 10 kW | $3.21 | $22,470 | $36,697 | 9.5 years |
| 12 kW | $3.15 | $26,425 | $44,576 | 9.3 years |
| 14 kW | $3.08 | $30,200 | $52,634 | 9.1 years |
| 16 kW | $3.02 | $33,795 | $60,872 | 8.9 years |
| 18 kW | $2.95 | $37,210 | $69,290 | 8.7 years |
| 20 kW | $2.89 | $40,446 | $77,888 | 8.5 years |
How to Save on Solar Panels
The solar company you go with will affect 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 a few important things you should take into account, such as:
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be done and how long it will take.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. Even though there are many options for which type of solar panel you can get, not every company will have the exact one you may want or need, so be sure to ask for their list of options before making your decision.
- Reputation: Companies that have been operating for many years likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Contract: When reading over your solar company’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system component breaking or the company going out of business.
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 Southeast Arcadia, FL Solar Cost FAQs
What is the average cost of installing solar panels in Southeast Arcadia?
The average cost of solar panels in Southeast Arcadia 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 certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Southeast Arcadia?
Leasing solar panels can be an option if you can’t afford to pay upfront or secure a solar loan, but since you don’t own the system, you can’t take advantage of 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 you sell solar power back to the grid in Southeast Arcadia?
Most states offer net metering programs of some kind. Through these, you can receive compensation for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.