Solar Panel Cost Guide in Azalea Park, FL (2023 Update)
- Azalea Park Solar Installation Cost: $9,687
- 25-Year Savings: $21,167
- Payback Period: 7.9 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated May 04, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Azalea Park
Let's have a look at the average cost of solar panels in Azalea Park.
In Azalea Park, solar panels cost about 2.53 per watt on average. Using this figure, a typical 5.5-kW system would cost about $9,687 before the 30% federal solar tax credit is applied.
The true price you pay can be above or below the average in Azalea Park based on a few factors, such as the model of solar panels you choose and the solar contractor you hire. Many homeowners find adopting solar power is a rewarding investment. The average homeowner in Azalea Park can save around $21,000 on their energy bills over 20 years.
To calculate your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Azalea Park
| Year | Return on Investment |
|---|---|
| 1 years | $-8,453 |
| 3 years | $-5,985 |
| 5 years | $-3,516 |
| 7 years | $-1,048 |
| 9 years | $1,420 |
| 11 years | $3,889 |
| 13 years | $6,357 |
| 15 years | $8,825 |
| 17 years | $11,294 |
| 19 years | $13,762 |
| 21 years | $16,231 |
| 23 years | $18,699 |
| 25 years | $21,167 |
Top Solar Installers in Azalea Park
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Hiring a solar company can make swapping over to solar power much easier. Another good thing about going with a reliable solar installer is that it'll provide warranties and free repairs, which help protect your solar system over time.
There are a number of licensed solar professionals that can take care of your solar installation project. 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 Azalea Park
Factors that Affect Solar Panel Costs in Azalea Park
There are several criteria that can influence your total 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
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. That's why it's crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs. The brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Azalea Park to be too costly, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to paying more over time due to interest. 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 can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The solar installer you choose to handle your switch to green energy can have an effect on your total costs. There are about 3 solar panel companies operating in Azalea Park, and each can charge different amounts for labor and equipment. The company's size can sometimes play the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.
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 | $22,766 | 8.2 years |
| 8 kW | $2.58 | $14,451 | $30,638 | 8.0 years |
| 10 kW | $2.53 | $17,710 | $38,651 | 7.9 years |
| 12 kW | $2.48 | $20,827 | $46,806 | 7.7 years |
| 14 kW | $2.43 | $23,802 | $55,103 | 7.5 years |
| 16 kW | $2.38 | $26,636 | $63,542 | 7.4 years |
| 18 kW | $2.33 | $29,328 | $72,122 | 7.2 years |
| 20 kW | $2.28 | $31,878 | $80,844 | 7.1 years |
How to Save on Solar Panels
There are numerous companies to choose from in Azalea Park, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the project completion timeline.
- Warranty: If you care about the endurance of your solar energy system, making sure your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you hire.
- Contract: It's important to read your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
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 Azalea Park, FL Solar Cost FAQs
What is the average cost of installing solar panels in Azalea Park?
The average cost of solar panels in Azalea Park is about $12,650 for a 5-kW system and $25,300 for a 10-kW system before the ITC, but the real cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Azalea Park?
Leasing solar panels can be an appealing choice, because it typically comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better way to go if you want to get the most savings.
How will installing solar panels impact my property value?
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 Azalea Park is currently $136,202, which means you can look forward to a value of about $5,584 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Azalea Park is a fruitful investment.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and the average daily 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.