Solar Panel Cost Guide in Bardmoor, FL (2024 Update)
- Bardmoor Solar Installation Cost: $11,854
- 25-Year Savings: $25,783
- Payback Period: 8.4 Years
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Average Cost of Solar Panels in Bardmoor
Let’s take a look at the average cost of solar in Bardmoor.
In Bardmoor, solar panels cost about 3 per watt on average.The average solar panel system size in Bardmoor is around 5.3 kilowatts, meaning a cost of about $11,854 for a solar installation, or $16,951 before the 0 federal solar tax credit is applied.
The true cost of your system can be higher or lower than the average in Bardmoor based on a few factors, such as the brand of solar panels you choose and the solar contractor you hire.For most homeowners, the upfront investment in solar is worth paying. On average you could be looking at about $27,000 in savings on energy bills over 20 years.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Bardmoor
| Year | Return on Investment |
|---|---|
| 1 years | $-10,079 |
| 3 years | $-6,529 |
| 5 years | $-2,980 |
| 7 years | $570 |
| 9 years | $4,119 |
| 11 years | $7,669 |
| 13 years | $11,218 |
| 15 years | $14,768 |
| 17 years | $18,318 |
| 19 years | $21,867 |
| 21 years | $25,417 |
| 23 years | $28,966 |
| 25 years | $32,516 |
Top Solar Installers in Bardmoor
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Using an installer can make swapping over to solar power much easier. Since solar panels are exposed to the elements every day, warranties and repairs from your solar installer can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
If you're on the hunt for a solar installer in Bardmoor, we've compiled 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 Bardmoor
Factors that Affect Solar Panel Costs in Bardmoor
For many Bardmoor homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in Bardmoor, with typical prices between $20,000 to $40,000. There are several factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the most significant 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.There are a lot of different solar panel brands and the one you choose also affects the cost. In many cases, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you’re looking to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in Bardmoor provide solar loans, which reduce your upfront costs of installing solar.However, the interest on solar loans also increases your total costs, so it’s vital to keep that in mind as well. You can always reduce the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The solar panel installation company you select will impact your total cost to go solar. Different companies will bill different amounts for the equipment and labor.The size of the company can sometimes play the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to more 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 promotion 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 | $25,929 | 8.8 years |
| 8 kW | $3.27 | $18,336 | $34,932 | 8.6 years |
| 10 kW | $3.21 | $22,470 | $44,114 | 8.4 years |
| 12 kW | $3.15 | $26,425 | $53,476 | 8.3 years |
| 14 kW | $3.08 | $30,200 | $63,018 | 8.1 years |
| 16 kW | $3.02 | $33,795 | $72,740 | 7.9 years |
| 18 kW | $2.95 | $37,210 | $82,641 | 7.8 years |
| 20 kW | $2.89 | $40,446 | $92,722 | 7.6 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. While there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so be sure to peruse their list of options before making your decision.
- Contract: Look through the contract terms carefully to make sure you understand the total cost, completion timeline rebates and warranties.
- Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should acquire and what the project timeline is.
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 Bardmoor, FL Solar Cost FAQs
What is the average cost of installing solar panels in Bardmoor?
The average cost of solar panels in Bardmoor 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 stuff like the model of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Bardmoor?
Leasing solar panels can be an option if you can’t pay upfront or get a solar loan, but since you don’t own the system, you don’t have access to 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.
Is making the switch to solar worth it?
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 energy bills are already fairly low, solar panels might not be for you.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.