Solar Panel Cost Guide in West Lealman, FL (2024 Update)
- West Lealman Solar Installation Cost: $11,854
- 25-Year Savings: $25,783
- Payback Period: 8.4 Years
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Average Cost of Solar Panels in West Lealman
We break down average solar pricing in West Lealman.
The average cost of a solar panel system in West Lealman is 3 per watt.The average West Lealman homeowner needs a 5.3-kilowatt system, which would cost about $11,854 with the federal tax credit, or $16,951 before the 0 tax credit is applied.
The true cost of your system can be higher or lower than the average in West Lealman depending on several factors, such as the kind of solar panels you choose and the solar company you hire.Despite the significant upfront cost, the average West Lealman homeowner can save around $27,000 on their power bills over 20 years, which is one of the benefits of solar.
For a free quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in West Lealman
| Year | Return on Investment |
|---|---|
| 1 years | $-10,079 |
| 3 years | $-6,529 |
| 5 years | $-2,980 |
| 7 years | $570 |
| 9 years | $4,119 |
| 11 years | $7,669 |
| 13 years | $11,218 |
| 15 years | $14,768 |
| 17 years | $18,318 |
| 19 years | $21,867 |
| 21 years | $25,417 |
| 23 years | $28,966 |
| 25 years | $32,516 |
Top Solar Installers in West Lealman
Although it's possible to install solar panels by yourself, it takes extra effort and know-how. Because of that, almost all homeowners choose to hire a solar panel installer. Solar installers provide key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
If you're on the hunt for a solar company in West Lealman, the EcoWatch team has compiled a list of our top suggestions here:
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 West Lealman
Factors that Affect Solar Panel Costs in West Lealman
The cost of installing a solar system in West Lealman can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is the size of the system you need, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
When it comes to estimating the price of solar panels in West Lealman, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home’s energy consumption, which you can gauge by looking at past electricity bills. Your overall cost can increase by about $3,210 for each additional kilowatt you need.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like West Lealman, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are offered by most installers in West Lealman, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible.While solar loans make going solar more accessible for West Lealman homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The final significant cost factor you should take into consideration is the installer you choose. Given the massive popularity of renewable energy solutions in West Lealman, you’ll have a great number of options to choose from, but each comes at varying price points for labor and equipment.Additionally, some companies in West Lealman have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.
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 | $25,929 | 8.8 years |
| 8 kW | $3.27 | $18,336 | $34,932 | 8.6 years |
| 10 kW | $3.21 | $22,470 | $44,114 | 8.4 years |
| 12 kW | $3.15 | $26,425 | $53,476 | 8.3 years |
| 14 kW | $3.08 | $30,200 | $63,018 | 8.1 years |
| 16 kW | $3.02 | $33,795 | $72,740 | 7.9 years |
| 18 kW | $2.95 | $37,210 | $82,641 | 7.8 years |
| 20 kW | $2.89 | $40,446 | $92,722 | 7.6 years |
How to Save on Solar Panels
The solar installer you go with will be a major factor in determining not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should take into account, including:
- Contract: When looking over your solar installer’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios like a system component breaking or the company going out of business.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should secure and how long the project will take.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years most likely provide good-quality solar panel installation and expertise.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you go with.
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 West Lealman, FL Solar Cost FAQs
How much does it cost to install solar panels in West Lealman?
The average cost of solar panels in West Lealman 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 model of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in West Lealman?
You can’t get solar panels for free in West Lealman. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Is it worth going solar in West Lealman?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
How long do solar panels last in West Lealman?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of 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 keep using 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.