Solar Panel Cost Guide in West Vero Corridor, FL (2025 Update)
- West Vero Corridor Solar Installation Cost: $11,965
- 25-Year Savings: $22,328
- Payback Period: 9.4 Years
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Average Cost of Solar Panels in West Vero Corridor
We go over average solar pricing in West Vero Corridor.
In West Vero Corridor, solar panels cost about 3 per watt on average.To cover the typical energy needs of the average home in West Vero Corridor, most homeowners require a 5.3-kilowatt system. Using the per-watt figure above, a solar installation costs about $11,965, or $17,110 before the federal solar tax credit of 0 is applied.
These figures are only averages, and the cost of going solar for you will most likely differ based on the amount of energy your home requires and what company you choose to go with.For most homeowners, the upfront investment in solar is worth paying. On average West Vero Corridor homeowners see about $23,000 in savings on electricity bills over 20 years.
To receive a free estimate from a vetted solar company in West Vero Corridor, you can click the button below.
Solar savings over time in West Vero Corridor
| Year | Return on Investment |
|---|---|
| 1 years | $-10,591 |
| 3 years | $-7,844 |
| 5 years | $-5,097 |
| 7 years | $-2,350 |
| 9 years | $398 |
| 11 years | $3,145 |
| 13 years | $5,892 |
| 15 years | $8,639 |
| 17 years | $11,387 |
| 19 years | $14,134 |
| 21 years | $16,881 |
| 23 years | $19,628 |
| 25 years | $22,376 |
Top Solar Installers in West Vero Corridor
Although it's possible to install solar panels yourself, it takes extra energy and know-how. That's why the majority of homeowners choose a solar panel installer. The payback period on a solar system will vary based on factors like your roof configuration and energy usage, but going with a solar company can help you reach a break-even point sooner. Your provider will be able to help you get the most out of incentives available in your area.
If you're on the hunt for a solar company in West Vero Corridor, the EcoWatch team has put together a list of our top suggestions here:
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 West Vero Corridor
Factors that Affect Solar Panel Costs in West Vero Corridor
For many West Vero Corridor homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in West Vero Corridor, with typical prices between $20,000 to $40,000. There are several factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
One of the most significant 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 uses, the larger your system will likely need to be. You can expect to pay about $3,210 per kilowatt in West Vero Corridor.The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your power bills. In addition, add-on products, like solar batteries, can bring your total well above the West Vero Corridor average.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are provided by most installers in West Vero Corridor, which can lower, or in some cases completely eliminate, your upfront costs to make solar more affordable.When considering your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in West Vero Corridor is the company you hire to install your PV system. Similar to choosing a company to renovate your kitchen, for instance, you’ll have many options for solar installers that provide a range of services for different budgets.Additionally, some companies in West Vero Corridor are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could end up saving you 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 | $21,764 | 9.8 years |
| 8 kW | $3.27 | $18,336 | $29,378 | 9.6 years |
| 10 kW | $3.21 | $22,470 | $37,172 | 9.4 years |
| 12 kW | $3.15 | $26,425 | $45,146 | 9.2 years |
| 14 kW | $3.08 | $30,200 | $53,299 | 9.0 years |
| 16 kW | $3.02 | $33,795 | $61,632 | 8.9 years |
| 18 kW | $2.95 | $37,210 | $70,145 | 8.7 years |
| 20 kW | $2.89 | $40,446 | $78,838 | 8.5 years |
How to Save on Solar Panels
Since the model of solar panels and the installer you choose significantly affects your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Warranty: Companies typically offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: When going solar, it’s essential to maintain an open line of communication with your solar company. Make sure you understand how the installation process works and the project completion timeline.
- Contract: Review the contract terms carefully to make sure you understand the cost breakdown, completion timeline incentives and warranties.
- Solar Panel Brands: The brand of solar panel you want to get plays a role in which company you should go with, since different companies provide different panels.
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 West Vero Corridor, FL Solar Cost FAQs
What is the average cost of installing solar panels in West Vero Corridor?
This is a difficult question to answer exactly, because the cost depends on many factors. Generally 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 be more expensive if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in West Vero Corridor?
Solar panels aren’t free in West Vero Corridor, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
How will installing solar panels impact the value of my home?
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 West Vero Corridor is currently $542,437, so you can expect a value of about $22,240 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in West Vero Corridor is a fruitful investment.
How long do solar panels last in West Vero Corridor?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level 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.