Solar Panel Cost Guide in Bagdad, FL (2024 Update)

  • Bagdad Solar Installation Cost: $13,049
  • 25-Year Savings: $25,553
  • Payback Period: 9.1 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Bagdad

Find out what the average cost of a solar system is in Bagdad.

In Bagdad, solar panels cost about 3 per watt on average.Using this figure, a typical 5.8-kW system would cost about $13,049 before the 0 federal solar tax credit is applied.

These figures are only averages, and the cost of going solar for you will look different based on factors unique to your home and what company you want to go with.Many homeowners find installing solar panels is a solid investment. The average homeowner in Bagdad can save around $23,000 on their electricity bills over 20 years.

To get a free quote from a top solar installer in Bagdad, you can click the button below.

Solar savings over time in Bagdad

Year Return on Investment
1 years $-11,290
3 years $-7,771
5 years $-4,253
7 years $-734
9 years $2,784
11 years $6,303
13 years $9,821
15 years $13,340
17 years $16,858
19 years $20,377
21 years $23,895
23 years $27,414
25 years $30,933

Top Solar Installers in Bagdad

When switching to solar energy, many homeowners choose to use a solar company since installing solar panels yourself can be a time-consuming project. Plus, if you’re not certain what kind of solar panels and equipment you want, a solar installer can help you find the right equipment for you after a site survey and consultation.

If you’d like to make the switch to solar but still aren’t certain which solar system installer to go with, here are our recommendations for providers in Bagdad:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • 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 Bagdad

Factors that Affect Solar Panel Costs in Bagdad

Cost is typically one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that will push your cost above or below the average in Bagdad: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.

Solar Equipment

The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,210.The kind of solar panels and equipment you choose is another factor that will considerably impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more pricey. Further, solar equipment consists of more than 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

Most solar installers in Bagdad have solar loans, which reduce the initial cost of installing solar panels.However, the interest on solar loans also increases your total costs, so it’s vital to include that in your estimate as well. You can always reduce the total you pay in interest and sometimes even your APR by putting more money down.

Solar Panel Installation Company

A final consideration when trying to estimate the cost of solar for your home or business in Bagdad is the company you choose to install your PV system. As with choosing a company to build a deck or pool, for instance, you’ll have no shortage of solar installers that offer a range of services at different price points.The size of the company sometimes plays the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to greater resources and better 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 down to compete with bigger companies.

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 $23,006 9.5 years
8 kW $3.27 $18,336 $31,034 9.3 years
10 kW $3.21 $22,470 $39,242 9.1 years
12 kW $3.15 $26,425 $47,630 8.9 years
14 kW $3.08 $30,200 $56,197 8.7 years
16 kW $3.02 $33,795 $64,944 8.6 years
18 kW $2.95 $37,210 $73,871 8.4 years
20 kW $2.89 $40,446 $82,978 8.2 years

How to Save on Solar Panels

The solar installer you go with will be a major factor in determining not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should consider, including:

  • Contract: When looking over your solar company’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
  • Reputation: Your solar installer should have a good reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from previous customers.
  • Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you hire.
  • Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

EcoWatch's Bagdad, FL Solar Cost FAQs

What is the average cost of installing solar panels in Bagdad?

The average cost of solar panels in Bagdad 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 such as the kind of solar panels you want, what size system you need and how much energy you use.

What other factors should I consider aside from cost when buying solar panels?

The initial cost is a key factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to think about are the quality and durability of your solar panels.

Is it worth going solar in Bagdad?

Solar panels can be a fruitful investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already pretty low, solar panels might not be for you.

How often do you have to replace solar panels?

Even though 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 the amount of energy they produce will have decreased significantly after that point. You can choose to replace them after having them for that long or you can continue to use 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.

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