Solar Panel Cost Guide in Bloomingdale, FL (2025 Update)
- Bloomingdale Solar Installation Cost: $12,394
- 25-Year Savings: $16,463
- Payback Period: 11.8 Years
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Average Cost of Solar Panels in Bloomingdale
Find out how much it might cost to switch to solar power in Bloomingdale.
In Bloomingdale, solar panels cost about 3 per watt on average.To cover the typical energy needs of the average home in Bloomingdale, most homeowners require a 5.5-kilowatt system. Using the figure above, a solar installation costs about $12,394, or $17,723 before the federal solar tax credit of 0 is applied.
The actual price you pay can be higher or lower than the average in Bloomingdale based on several factors, such as the kind of solar panels you choose and the solar contractor you hire.Many homeowners find going solar is a sound investment. The average homeowner in Bloomingdale can save around $19,000 on their energy bills over 20 years.
You can click the button below to get connected with a top solar company in Bloomingdale for a quote for your home.
Solar savings over time in Bloomingdale
Year | Return on Investment |
---|---|
1 years | $-11,069 |
3 years | $-8,418 |
5 years | $-5,767 |
7 years | $-3,116 |
9 years | $-466 |
11 years | $2,185 |
13 years | $4,836 |
15 years | $7,486 |
17 years | $10,137 |
19 years | $12,788 |
21 years | $15,439 |
23 years | $18,089 |
25 years | $20,740 |
Top Solar Installers in Bloomingdale
Putting up solar panels on your own can be a stressful project, which is why using a solar installer is a good option for many homeowners. Plus, warranties and repairs from your solar panel installer can protect your investment and bring down the cost of maintenance over time.
If you’d like to make the switch to solar but still aren’t certain which solar system company to go with, here are our recommendations for providers 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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Bloomingdale
Factors that Affect Solar Panel Costs in Bloomingdale
Although the average cost of a solar system in Bloomingdale is $12,394, your final cost may be higher or lower than that. There are several factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
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 ascertain the size of the solar energy system needed for your home by figuring out your energy needs.The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof 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 additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are offered by most installers in Bloomingdale, which can reduce, 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 getting a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The solar company you choose to handle your switch to renewable energy can play a role in your total costs. There are about 3 solar installation companies in Bloomingdale, and each can charge varying amounts for labor and equipment.The size of the company sometimes plays the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing due to greater resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount 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 | $14,513 | 12.3 years |
8 kW | $3.27 | $18,336 | $19,710 | 12.0 years |
10 kW | $3.21 | $22,470 | $25,087 | 11.8 years |
12 kW | $3.15 | $26,425 | $30,643 | 11.6 years |
14 kW | $3.08 | $30,200 | $36,380 | 11.3 years |
16 kW | $3.02 | $33,795 | $42,296 | 11.1 years |
18 kW | $2.95 | $37,210 | $48,392 | 10.9 years |
20 kW | $2.89 | $40,446 | $54,667 | 10.6 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because selecting a company can be a tough decision, we have some tips to help you, such as:
- Installation Process: One of the most important things to understand when adopting solar power is the installation process itself. Be sure to align on any details you need to know with your solar installer, such as what permits you should secure and how long the project will take.
- Contract: When looking through your solar company’s contract, ask for clarification about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
- 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 considerable role in the company you hire.
- Warranty: Warranties that provide coverage for replacement parts and repairs over a couple decades are the best you can get in the business, and offering that kind of warranty is one mark of a good company.
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Bloomingdale, FL Solar Cost FAQs
How much does it cost to install solar panels in Bloomingdale?
This is a tough question to answer precisely, because the cost depends on a variety of 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 be more expensive if you want extra solar equipment or more efficient panels, or if you have above-average energy usage. Conversely, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Bloomingdale?
Leasing solar panels can be an appealing choice, because it commonly comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better option if you want to get the most savings.
Do solar panels increase the value of your home?
Solar panels can increase your home value significantly as long as you buy or finance your panels and don’t go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
How long do solar panels last in Bloomingdale?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.