Solar Panel Cost Guide in Azalea Park, FL (2024 Update)
- Azalea Park Solar Installation Cost: $12,301
- 25-Year Savings: $21,159
- Payback Period: 10.0 Years
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Average Cost of Solar Panels in Azalea Park
We go over average solar pricing in Azalea Park.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Azalea Park, the average cost of a solar system is 3 per watt.Since a 5.5-kW system is needed to cover the energy needs of a typical home in Azalea Park, the average price of going solar will be about $12,301 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of how much solar panels could cost. The true cost of installing solar panels can vary based on a few factors, such as how many panels you need, your energy consumption and what company you go with.With average savings of about $21,000 on electricity bills over 20 years, many homeowners in Azalea Park find installing solar panels has a decent ROI.
For a customized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Azalea Park
| Year | Return on Investment |
|---|---|
| 1 years | $-10,526 |
| 3 years | $-6,977 |
| 5 years | $-3,427 |
| 7 years | $122 |
| 9 years | $3,672 |
| 11 years | $7,222 |
| 13 years | $10,771 |
| 15 years | $14,321 |
| 17 years | $17,870 |
| 19 years | $21,420 |
| 21 years | $24,969 |
| 23 years | $28,519 |
| 25 years | $32,069 |
Top Solar Installers in Azalea Park
Installing solar panels on your own can be a difficult project, which is why using a solar installation company is a good option for many homeowners. Companies can also have access to various kinds of the best solar panels and help you pick which one will be best for your family.
You can work with a local solar installer to get a free quote on how much solar panels could cost for your home. Here are some in Azalea Park:
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 Azalea Park
Factors that Affect Solar Panel Costs in Azalea Park
For many Azalea Park homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Azalea Park, with typical prices between $20,000 to $40,000. There are numerous factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That’s why it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.The brand of solar panels and equipment you want is another factor that will significantly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more pricey. Plus, solar equipment goes beyond just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that’s in your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are available from most installers in Azalea Park, which can reduce, or in some cases eliminate, your upfront costs to make solar more affordable.Even though solar loans make adopting solar energy more accessible for Azalea Park homeowners, they can also add to the total you pay for your system due to interest. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The last significant cost factor you should take into consideration is the installer you choose. Given the massive popularity of sustainable energy solutions in Azalea Park, you’ll have many options to choose from, but each comes at varying price points for labor and equipment.Additionally, some companies in Azalea Park are more knowledgeable about local solar incentives and can help you learn about 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 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 | $19,795 | 10.4 years |
| 8 kW | $3.27 | $18,336 | $26,753 | 10.2 years |
| 10 kW | $3.21 | $22,470 | $33,891 | 10.0 years |
| 12 kW | $3.15 | $26,425 | $41,209 | 9.8 years |
| 14 kW | $3.08 | $30,200 | $48,706 | 9.6 years |
| 16 kW | $3.02 | $33,795 | $56,383 | 9.4 years |
| 18 kW | $2.95 | $37,210 | $64,240 | 9.2 years |
| 20 kW | $2.89 | $40,446 | $72,276 | 9.0 years |
How to Save on Solar Panels
Since the kind of solar panels and the company you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should secure and what the project timeline is.
- Solar Panel Brands: The type of solar panel you want to install plays a part in which company you should go with, since different companies have different panels.
- Warranty: Warranties that cover replacement parts and repairs over a long period of time such as 25 years are the gold standard in the business, and offering that kind of warranty is one sign of a quality company.
- Contract: Before signing a contract with a solar installer, make sure to look it over carefully 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 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 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 $16,050 for a 5-kW system and $32,100 for a 10-kW system before the ITC, but the actual cost will depend on things like the kind 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 option if you are unable to pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
Do solar panels increase how much your home is worth?
Solar panels 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 $411,733, which means you could be looking at a value of about $16,881 more than houses without a solar system. The specific 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 needs and how much sunlight your roof gets. You can 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 install between 20 and 35 panels to cover 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.