Solar Panel Cost Guide in Bayshore Gardens, FL (2024 Update)
- Bayshore Gardens Solar Installation Cost: $12,301
- 25-Year Savings: $22,040
- Payback Period: 10.5 Years
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Average Cost of Solar Panels in Bayshore Gardens
Find out what the average cost of installing solar panels is in Bayshore Gardens.
The average cost of a solar panel system in Bayshore Gardens is 3 per watt.The average solar panel system size in Bayshore Gardens is around 5.5 kilowatts, meaning a cost of about $12,301 for a solar installation, or $17,590 before the 0 federal solar tax credit is applied.
The true cost of your system can go higher or lower than the average in Bayshore Gardens depending on a variety of factors, such as the model of solar panels you choose and the solar company you hire.With average savings of about $20,000 on power bills over 20 years, many homeowners in Bayshore Gardens find installing solar panels can be quite rewarding.
Click the button below to get connected to a top solar company in your area for a customized quote.
Solar savings over time in Bayshore Gardens
| Year | Return on Investment |
|---|---|
| 1 years | $-10,927 |
| 3 years | $-8,180 |
| 5 years | $-5,432 |
| 7 years | $-2,685 |
| 9 years | $62 |
| 11 years | $2,809 |
| 13 years | $5,556 |
| 15 years | $8,304 |
| 17 years | $11,051 |
| 19 years | $13,798 |
| 21 years | $16,545 |
| 23 years | $19,293 |
| 25 years | $22,040 |
Top Solar Installers in Bayshore Gardens
Although you can install solar panels on your own, it requires extra effort and knowledge. Because of that, most homeowners choose to go with a solar panel installer. Since solar panels are exposed to rain, snow, hail and wind, depending on the climate, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
You can get a free estimate from a local solar installer on how much your investment in solar could cost for your home. Here are some in Bayshore Gardens:
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 Bayshore Gardens
Factors that Affect Solar Panel Costs in Bayshore Gardens
The cost of installing a solar system in Bayshore Gardens can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. Because of that, it’s a priority to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs.Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Bayshore Gardens, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are provided by most installers in Bayshore Gardens, which can lower, or in some cases completely eliminate, your upfront costs to make solar more affordable.You’ll have to consider the long-term cost of loans, 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 principal cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The remaining significant cost factor you should take into consideration is the installer you choose. Given the massive popularity of clean energy solutions in Bayshore Gardens, you’ll have many options to choose from, but each comes at varying price points for labor and equipment.Additionally, some companies in Bayshore Gardens know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. 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 | $17,938 | 11.0 years |
| 8 kW | $3.27 | $18,336 | $24,277 | 10.8 years |
| 10 kW | $3.21 | $22,470 | $30,795 | 10.5 years |
| 12 kW | $3.15 | $26,425 | $37,493 | 10.3 years |
| 14 kW | $3.08 | $30,200 | $44,371 | 10.1 years |
| 16 kW | $3.02 | $33,795 | $51,429 | 9.9 years |
| 18 kW | $2.95 | $37,210 | $58,667 | 9.7 years |
| 20 kW | $2.89 | $40,446 | $66,084 | 9.5 years |
How to Save on Solar Panels
There are many companies available in Bayshore Gardens, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be tough, so here are some tips to help you decide:
- Warranty: Warranties that provide coverage for panel repairs and maintenance over around 25 years are the gold standard in the business, and offering such a warranty is one mark of a good company.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. Although there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to take a look at their list of offerings before deciding.
- Contract: Although reading through a contract can take a lot of time, it’s important to do it carefully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- Installation Process: Make sure you’re on the same page with the installer with regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating or replacing your electrical system or roof.
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 Bayshore Gardens, FL Solar Cost FAQs
What is the average cost of installing solar panels in Bayshore Gardens?
The average cost of solar panels in Bayshore Gardens 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 model of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to think about when buying solar panels?
The upfront cost is a crucial factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Does Bayshore Gardens have a net metering program?
The majority of states offer net metering programs of some kind. Through these, you can either get paid for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage and how much 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 buy 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.