Solar Panel Cost Guide in Beacon Square, FL (2025 Update)
- Beacon Square Solar Installation Cost: $12,515
- 25-Year Savings: $25,262
- Payback Period: 8.9 Years
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Average Cost of Solar Panels in Beacon Square
Find out what the average cost of solar panels are in Beacon Square.
In Beacon Square, solar panels cost about 3 per watt on average.Since a 5.6-kW system is needed to cover the energy costs of a typical home in Beacon Square, the average price of going solar will be about $12,515 after claiming the federal solar tax credit of 0.
The actual price you pay can be higher or lower than the average in Beacon Square depending on a variety of factors, such as the model of solar panels you choose and the solar installer you hire.But, once you've paid the initial cost of installation, the ROI for most homeowners is usually fruitful, with a net average savings of about $25,000 over 20 years on electricity bills.
To get a free estimate from a highly rated solar installation company in Beacon Square, you can click the button below.
Solar savings over time in Beacon Square
| Year | Return on Investment |
|---|---|
| 1 years | $-10,740 |
| 3 years | $-7,191 |
| 5 years | $-3,641 |
| 7 years | $-92 |
| 9 years | $3,458 |
| 11 years | $7,007 |
| 13 years | $10,557 |
| 15 years | $14,107 |
| 17 years | $17,656 |
| 19 years | $21,206 |
| 21 years | $24,755 |
| 23 years | $28,305 |
| 25 years | $31,854 |
Top Solar Installers in Beacon Square
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Going with a solar company can make your switch to solar power much easier. 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.
Working with a licensed solar company can make going solar easier. Here are our recommendations:
See all of the solar companies in Beacon Square
Factors that Affect Solar Panel Costs in Beacon Square
There are many criteria that can play into your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the notable 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 raise costs. For each additional kilowatt you need, your cost can go up by about $3,210.The brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often come at a higher price 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 more savings over time. Plus, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That’s why many Beacon Square homeowners choose to finance their solar panel systems to make paying for 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 above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The solar company you go with to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar panel companies operating throughout Beacon Square, and each can charge different amounts for labor and equipment.You may see national solar installers that have lower prices due to their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $23,818 | 9.3 years |
| 8 kW | $3.27 | $18,336 | $32,117 | 9.1 years |
| 10 kW | $3.21 | $22,470 | $40,595 | 8.9 years |
| 12 kW | $3.15 | $26,425 | $49,254 | 8.7 years |
| 14 kW | $3.08 | $30,200 | $58,092 | 8.6 years |
| 16 kW | $3.02 | $33,795 | $67,110 | 8.4 years |
| 18 kW | $2.95 | $37,210 | $76,307 | 8.2 years |
| 20 kW | $2.89 | $40,446 | $85,685 | 8.0 years |
How to Save on Solar Panels
There are numerous companies to choose from in Beacon Square, 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:
- Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
- Warranty: Many companies offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you opt for.
- Contract: Although reading through a contract can be tedious, it’s important to do it carefully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
EcoWatch's Beacon Square, FL Solar Cost FAQs
What is the average cost of installing solar panels in Beacon Square?
This is a difficult question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $16,050 for a 5-kW system and $32,100 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or higher quality panels, or if you have above-average energy needs. Conversely, you can spend less if you want a smaller solar panel system or less expensive solar panels.
What other factors should I consider apart from cost when buying solar panels?
Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and the amount of direct sunlight your roof gets.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely 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.