Solar Panel Cost Guide in Bellview, FL (2024 Update)
- Bellview Solar Installation Cost: $13,072
- 25-Year Savings: $30,909
- Payback Period: 9.1 Years
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Average Cost of Solar Panels in Bellview
Let’s have a look at the average cost of solar in Bellview.
The national average cost of solar panels is $2.66 per watt, but in Bellview it’s 3 per watt.The average Bellview homeowner needs a 5.8-kilowatt system, which would cost about $13,072 with the federal tax credit, or $18,693 before the 0 tax credit is applied.
The true cost of your system can be above or below the average in Bellview based 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 upfront cost of installation, the payback for most homeowners is quite good, with a net average savings of about $23,000 over 20 years on utility bills.
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Solar savings over time in Bellview
| Year | Return on Investment |
|---|---|
| 1 years | $-11,313 |
| 3 years | $-7,794 |
| 5 years | $-4,276 |
| 7 years | $-757 |
| 9 years | $2,761 |
| 11 years | $6,280 |
| 13 years | $9,798 |
| 15 years | $13,317 |
| 17 years | $16,835 |
| 19 years | $20,354 |
| 21 years | $23,872 |
| 23 years | $27,391 |
| 25 years | $30,909 |
Top Solar Installers in Bellview
Putting up solar panels yourself can be a difficult undertaking, which is why hiring a solar installer is a good option for many homeowners. The expertise that solar installers offer can be invaluable as well, especially if you don’t quite know what type of solar equipment you need.
If you're looking for a solar installer in Bellview, 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 Bellview
Factors that Affect Solar Panel Costs in Bellview
There are a number of criteria that can determine your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
When it comes to estimating the price of a solar panel system in Bellview, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy consumption, which you can figure out by looking at past power bills. Your total cost can increase by about $3,210 for each additional kilowatt you need.The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your energy bills. In addition, add-on products, like solar batteries, can bring your total well above the Bellview average.
Solar Financing Terms
Most solar installers in Bellview provide solar loans, which reduce the initial cost of installing solar.However, the interest on solar loans also increases your all-in costs, so it’s vital to take that into consideration as well. You can always reduce the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The remaining significant cost factor you should take into consideration is the installer you choose. Given the massive popularity of green energy solutions in Bellview, you’ll have plenty of options to choose from, but each comes at different price points for labor and equipment.Additionally, some companies in Bellview have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save 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 | $22,941 | 9.5 years |
| 8 kW | $3.27 | $18,336 | $30,947 | 9.3 years |
| 10 kW | $3.21 | $22,470 | $39,133 | 9.1 years |
| 12 kW | $3.15 | $26,425 | $47,499 | 8.9 years |
| 14 kW | $3.08 | $30,200 | $56,045 | 8.8 years |
| 16 kW | $3.02 | $33,795 | $64,770 | 8.6 years |
| 18 kW | $2.95 | $37,210 | $73,675 | 8.4 years |
| 20 kW | $2.89 | $40,446 | $82,760 | 8.2 years |
How to Save on Solar Panels
Since the kind of solar panels and the installer you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Installation Process: Homeowners should make sure they understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Warranty: Warranties that cover panel repairs and maintenance over around 25 years are the best you can get in the business, and offering such a warranty is one mark of a good company.
- 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 positive reviews from past customers.
- Contract: It’s important to read through your solar installer’s contract well to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
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 Bellview, FL Solar Cost FAQs
How much does it cost to install solar panels in Bellview?
The average cost of solar panels in Bellview is about $16,050 for a 5-kW system and $32,100 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Bellview?
You can’t get solar panels for free in Bellview. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
How will having solar panels impact my home value?
Solar panels can increase the value of your home considerably as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
What solar power system size is right for 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.