Solar Panel Cost Guide in Arcadia, FL (2024 Update)
- Arcadia Solar Installation Cost: $12,279
- 25-Year Savings: $21,634
- Payback Period: 9.8 Years
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Average Cost of Solar Panels in Arcadia
See how much it might cost to switch to solar power in Arcadia.
The national average cost of solar panels is $2.66 per watt, but in Arcadia it’s 3 per watt.The average Arcadia homeowner needs a 5.5-kilowatt system, which would cost about $12,279 with the federal tax credit, or $17,559 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The true cost of going solar can vary depending on a few factors, such as how many panels you need, your energy usage and what installation company you go with.With average savings of about $22,000 on energy bills over 20 years, many homeowners in Arcadia find installing solar panels can pay off big.
For a free quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in 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 Arcadia
Trying to put up solar panels yourself can be a challenging task, which is why getting a solar installer is a good option for many homeowners. Another benefit of using a solar installer is that they can help you make the most of your ROI by bringing down your future costs of repairs and replacements because of warranties and informing you of local incentives you can take advantage of.
If you're looking for a solar company in Arcadia, we've put together 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 Arcadia
Factors that Affect Solar Panel Costs in Arcadia
For many Arcadia 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 Arcadia, with typical prices between $20,000 to $40,000. There are a few 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 home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $3,210. The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get 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 energy bills. In addition, add-on products, like solar batteries, can bring your total well above the Arcadia average.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are provided by most installers in Arcadia, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable.Although solar loans make going solar more accessible for Arcadia homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Arcadia is the company you choose to install your PV system. Similar to choosing a company to install new cabinets, for example, you’ll have no shortage of solar installers that offer a range of services for different budgets.Additionally, some companies in Arcadia are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. 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 | $20,358 | 10.2 years |
| 8 kW | $3.27 | $18,336 | $27,504 | 10.0 years |
| 10 kW | $3.21 | $22,470 | $34,830 | 9.8 years |
| 12 kW | $3.15 | $26,425 | $42,335 | 9.6 years |
| 14 kW | $3.08 | $30,200 | $50,020 | 9.4 years |
| 16 kW | $3.02 | $33,795 | $57,884 | 9.2 years |
| 18 kW | $2.95 | $37,210 | $65,929 | 9.0 years |
| 20 kW | $2.89 | $40,446 | $74,153 | 8.8 years |
How to Save on Solar Panels
There are many companies available in Arcadia, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Contract: Before signing a contract with a solar company, make sure you look it over completely so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what the warranty covers and what services you can expect from them.
- Solar Panel Brands: Different companies will carry various brands and models of panels. If you prefer a specific brand, make sure the solar panel company you’re considering has it.
- Warranty: Companies typically offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
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 Arcadia, FL Solar Cost FAQs
How much does it cost to install solar panels in Arcadia?
The average cost of solar panels in Arcadia is about $16,050 for a 5-kW system and $32,100 for a 10-kW system before the ITC, but the real cost will depend on things such as the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important consideration when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Arcadia?
Solar panels can be a fruitful investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your electricity bills are already fairly low, solar panels might not be for you.
How long do solar panels last in Arcadia?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount 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.
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.