Solar Panel Cost Guide in Bellview, FL (2023 Update)
- Bellview Solar Installation Cost: $10,303
- 25-Year Savings: $25,535
- Payback Period: 7.2 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Bellview
Find out what the average cost of a solar system is in Bellview.
In Bellview, solar panels cost about 2.53 per watt on average. The average Bellview homeowner needs a 5.8-kilowatt system, which would cost about $10,307 with the federal tax credit, or $14,739 before the 30% tax credit is applied.
These figures are only estimates, and the cost of going solar for you may differ based on the amount of energy your home requires and what company you want to go with. Despite the significant initial cost, the average Bellview homeowner can save about $23,000 on their power bills over 20 years, which is one of the perks of solar.
Click the button below to get connected to a vetted solar company in Bellview for a custom quote.
Solar savings over time in Bellview
| Year | Return on Investment |
|---|---|
| 1 years | $-8,544 |
| 3 years | $-5,025 |
| 5 years | $-1,507 |
| 7 years | $2,012 |
| 9 years | $5,530 |
| 11 years | $9,049 |
| 13 years | $12,567 |
| 15 years | $16,086 |
| 17 years | $19,605 |
| 19 years | $23,123 |
| 21 years | $26,642 |
| 23 years | $30,160 |
| 25 years | $33,679 |
Top Solar Installers in Bellview
Many homeowners opt for a solar panel installer since trying to install solar panels on your own can be challenging. Companies can also have access to a large variety of the best solar panels and help you pick which one will be right for you.
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 nearby:
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
For many Bellview homeowners, the decision to go solar depends on cost. However, the range of solar installation costs can be quite wide in Bellview, with typical prices between $20,000 to $40,000. There are a number of factors that greatly influence the price you'll pay, which we'll go over below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to pay around $2,530 per kilowatt in Bellview. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your electric bills. Additionally, add-on products, like solar batteries, can bump up your total well above the Bellview average.
Solar Financing Terms
If paying for solar panels in cash is difficult, solar loans are an affordable route because they reduce your upfront costs and allow you to pay for your system over five to seven years on average. When estimating your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
A final factor to consider when trying to figure out the cost of solar for your home or business in Bellview is the company you get to install your PV system. As with choosing a company to install new cabinets, for example, there's no shortage of solar installers that offer a range of services for different budgets. Additionally, some companies in Bellview are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. 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 | $2.63 | $11,051 | $25,911 | 7.5 years |
| 8 kW | $2.58 | $14,451 | $34,831 | 7.3 years |
| 10 kW | $2.53 | $17,710 | $43,893 | 7.2 years |
| 12 kW | $2.48 | $20,827 | $53,097 | 7.0 years |
| 14 kW | $2.43 | $23,802 | $62,442 | 6.9 years |
| 16 kW | $2.38 | $26,636 | $71,929 | 6.8 years |
| 18 kW | $2.33 | $29,328 | $81,558 | 6.6 years |
| 20 kW | $2.28 | $31,878 | $91,328 | 6.5 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be difficult, we have some tips to help you, such as:
- Reputation: Your solar installer should have a sound reputation as a company and have proven expertise in the field. Two 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.
- Warranty: Warranties that cover defective panels and repairs over a long period of time such as 25 years are the gold standard in the business, and offering such a warranty is one mark of a good company.
- Contract: Look through the contract terms closely to make sure you understand the cost breakdown, completion timeline incentives and warranties.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you hire.
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?
This is a tough question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $12,650 for a 5-kW system and $25,300 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Is cost the most important thing to keep in mind when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on power bills after installing solar panels?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Bellview, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
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 opt to replace them after having them for that long or you can keep using 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.