Solar Panel Cost Guide in Alafaya, FL (2023 Update)
- Alafaya Solar Installation Cost: $9,687
- 25-Year Savings: $21,402
- Payback Period: 7.8 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Alafaya
Find out what the average cost of installing solar panels is in Alafaya.
In Alafaya, solar panels cost about 2.53 per watt on average. The average solar panel system size in Alafaya is around 5.5 kilowatts, meaning a cost of about $9,687 for a solar installation, or $13,852 before the 30% federal solar tax credit is applied.
These figures are only estimates, and the cost of going solar for you will vary based on your energy needs and what company you go with. Many homeowners find installing a solar panel system is a rewarding investment. The average homeowner in Alafaya can save about $22,000 on their electricity bills over 20 years.
You can click the button below to get connected with a pre-vetted solar company in Alafaya for a quote for your home.
Solar savings over time in Alafaya
| Year | Return on Investment |
|---|---|
| 1 years | $-8,444 |
| 3 years | $-5,957 |
| 5 years | $-3,470 |
| 7 years | $-982 |
| 9 years | $1,505 |
| 11 years | $3,992 |
| 13 years | $6,479 |
| 15 years | $8,966 |
| 17 years | $11,453 |
| 19 years | $13,940 |
| 21 years | $16,427 |
| 23 years | $18,915 |
| 25 years | $21,402 |
Top Solar Installers in Alafaya
When switching to solar energy, many homeowners prefer to hire a solar installer since putting up a solar system yourself can be a difficult project. Plus, if you're not certain what type of solar panels and equipment you may need, a solar company can help you figure that out after a site survey and consultation.
There are various licensed solar professionals that can help you install your solar system. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Alafaya
Factors that Affect Solar Panel Costs in Alafaya
There are several criteria that can play into your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to spend about $2,530 per kilowatt in Alafaya. There are several different solar panel brands and the one you pick also changes the cost. In general, the brands that are more efficient tend to also cost more. Plus, the type of equipment you choose can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for solar panels out of pocket is out of reach, solar loans are an affordable route because they cut back your upfront costs and allow you to pay for your system over five to seven years on average. You'll have to consider the long-term cost of financing options, including the amount of interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
The solar installer you choose will impact your total cost to make the switch to solar . Different companies will charge different amounts for the equipment and labor. Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and choose a company that offers the products, warranties and services you're looking for and also is within your budget.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.63 | $11,051 | $23,023 | 8.1 years |
| 8 kW | $2.58 | $14,451 | $30,980 | 8.0 years |
| 10 kW | $2.53 | $17,710 | $39,079 | 7.8 years |
| 12 kW | $2.48 | $20,827 | $47,320 | 7.6 years |
| 14 kW | $2.43 | $23,802 | $55,703 | 7.5 years |
| 16 kW | $2.38 | $26,636 | $64,227 | 7.3 years |
| 18 kW | $2.33 | $29,328 | $72,893 | 7.2 years |
| 20 kW | $2.28 | $31,878 | $81,701 | 7.0 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be difficult, we have some tips to help you, such as:
- Installation Process: Make sure you're on the same page with the company in regard to how the installation process will go and what needs to be done before your solar system is installed, such as repairing your electrical system or roof.
- Contract: It's important to look over your solar installer's contract fully to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years likely offer high-quality solar panel installation and expertise.
- Solar Panel Brands: The model of solar panel you want plays a role in which company you should go with, since different companies have different panels.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Alafaya, FL Solar Cost FAQs
What is the average cost of installing solar panels in Alafaya?
The average cost of solar panels in Alafaya is about $12,650 for a 5-kW system and $25,300 for a 10-kW system before the ITC, but the actual cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Alafaya?
A solar panel system isn't free in Alafaya, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Is it worth going solar in Alafaya?
Solar panels can be a good investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already fairly low, solar panels might not be for you.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.
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.