Solar Panel Cost Guide in Apopka, FL (2023 Update)
- Apopka Solar Installation Cost: $12,301
- 25-Year Savings: $21,560
- Payback Period: 9.8 Years
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Updated October 25, 2023
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Average Cost of Solar Panels in Apopka
We break down average solar pricing in Apopka.
While the national average of solar panels is $2.66 per watt, solar panels in Apopka generally cost about 2.53.The average solar panel system size in Apopka 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 averages, and how much solar costs for you will most likely differ based on your energy needs and what company you go with.Even with the significant upfront cost, the average Apopka homeowner can save about $22,000 on their electricity bills over 20 years, which is one of the benefits of solar.
To get a free estimate from a top solar installation company in Apopka, you can click the button below.
Solar savings over time in Apopka
Year | Return on Investment |
---|---|
1 years | $-10,606 |
3 years | $-7,217 |
5 years | $-3,828 |
7 years | $-439 |
9 years | $2,950 |
11 years | $6,339 |
13 years | $9,728 |
15 years | $13,117 |
17 years | $16,506 |
19 years | $19,895 |
21 years | $23,285 |
23 years | $26,674 |
25 years | $30,063 |
Top Solar Installers in Apopka
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Hiring a solar panel installer can make swapping over to solar power much easier. Solar installers offer key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
There are a number of 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
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 Apopka
Factors that Affect Solar Panel Costs in Apopka
For many Apopka homeowners, the decision to install solar panels depends on cost. However, the range of solar installation costs can be quite wide in Apopka, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
The size of the solar energy system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $2,530. The kind of solar equipment you choose can increase or decrease your cost 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, higher efficiency could save you more over time on your power bills. In addition, add-on products, like solar batteries, can bring your total well above the Apopka average.
Solar Financing Terms
Many homeowners find the average cost of solar in Apopka to be prohibitively expensive, 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 in most cases, but they also lead to a higher cost over time because of interest.When considering your overall cost, you should also calculate the interest you'll pay if you go with 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 evaluate the cost of solar for your home or business in Apopka is the company you get to install your PV system. As with choosing a company to install new cabinets, for example, there's no shortage of solar installers that offer a range of services at different price points.Additionally, some companies in Apopka know more 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 | $20,234 | 10.2 years |
8 kW | $3.27 | $18,336 | $27,338 | 10.0 years |
10 kW | $3.21 | $22,470 | $34,622 | 9.8 years |
12 kW | $3.15 | $26,425 | $42,086 | 9.6 years |
14 kW | $3.08 | $30,200 | $49,729 | 9.4 years |
16 kW | $3.02 | $33,795 | $57,553 | 9.2 years |
18 kW | $2.95 | $37,210 | $65,556 | 9.1 years |
20 kW | $2.89 | $40,446 | $73,738 | 8.9 years |
How to Save on Solar Panels
Since the brand of solar panels and the company you choose significantly affects your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Solar Panel Brands: The type of solar panel you'd like plays a role in which installer you should choose, since different companies provide different panels.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar installer, such as what permits you should acquire and how long the project will take.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years likely provide high-quality solar panel installation and expertise.
- Contract: Before signing a contract with a solar installer, make sure to read it through completely so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
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 Apopka, FL Solar Cost FAQs
What is the average cost of installing solar panels in Apopka?
This is a tough question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $12,650 for a 5-kW system and $25,300 for a 10-kW system after the ITC is applied. You can expect to pay 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 choose a smaller solar panel system or less expensive solar panels.
Is cost the most important thing to keep in mind when buying solar panels?
Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Apopka?
Most states offer net metering programs of some kind. Through these, you can get paid for the extra power your system generates 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 long do solar panels last in Apopka?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can decide to replace them after having 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.