Solar Panel Cost Guide in Casselberry, FL (2023 Update)
- Casselberry Solar Installation Cost: $9,900
- 25-Year Savings: $20,801
- Payback Period: 8.1 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Casselberry
Find out how much it might cost to switch to solar power in Casselberry.
The average cost of a solar panel system in Casselberry is 2.53 per watt. Using this figure, a typical 5.6-kW system would cost about $9,900 before the 30% federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of making the switch to solar can vary based on a few factors, such as how many panels you need, your energy usage and what solar installer you go with. For most homeowners, the upfront investment in solar is worth paying. On average homeowners in Casselberry see about $21,000 in savings on energy bills over 20 years.
To get a free quote from a pre-vetted solar company in Casselberry, you can click the button below.
Solar savings over time in Casselberry
| Year | Return on Investment |
|---|---|
| 1 years | $-8,672 |
| 3 years | $-6,216 |
| 5 years | $-3,760 |
| 7 years | $-1,304 |
| 9 years | $1,152 |
| 11 years | $3,608 |
| 13 years | $6,064 |
| 15 years | $8,521 |
| 17 years | $10,977 |
| 19 years | $13,433 |
| 21 years | $15,889 |
| 23 years | $18,345 |
| 25 years | $20,801 |
Top Solar Installers in Casselberry
Installing solar panels yourself can be a difficult undertaking, which is why using a solar installation company is a good option for many homeowners. Some solar installers, particularly local ones, can help you take advantage of incentives in Casselberry, optimizing your ROI.
Working with a professional solar company can help you make the most of your investment in solar. Here are our recommendations:
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 Casselberry
Factors that Affect Solar Panel Costs in Casselberry
Though the average cost of a solar system in Casselberry is $9,900, your final cost may be higher or lower than that. There are quite a few factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
When it comes to estimating the cost of solar panels in Casselberry, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy usage, which you can gauge by looking at past energy bills. Your total cost can increase by about $2,530 for each additional kilowatt you need. The brand and kind of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a 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 greater 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
For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are available from most installers in Casselberry, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable. However, the interest on solar loans also adds to your all-in costs, so it's important to consider that as well. You can always lower the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you go with to handle your switch to solar energy can play a part in your total costs. There are about 3 solar panel companies in Casselberry, and each can charge different amounts for labor and equipment. The company's size can sometimes play the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower 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 | $2.63 | $11,051 | $21,888 | 8.4 years |
| 8 kW | $2.58 | $14,451 | $29,468 | 8.2 years |
| 10 kW | $2.53 | $17,710 | $37,189 | 8.1 years |
| 12 kW | $2.48 | $20,827 | $45,052 | 7.9 years |
| 14 kW | $2.43 | $23,802 | $53,056 | 7.7 years |
| 16 kW | $2.38 | $26,636 | $61,202 | 7.6 years |
| 18 kW | $2.33 | $29,328 | $69,490 | 7.4 years |
| 20 kW | $2.28 | $31,878 | $77,919 | 7.3 years |
How to Save on Solar Panels
Since the type of solar panels and the installer you choose significantly influences your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: When looking through your solar installer's contract, ask questions 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: Different companies carry various brands and kinds of panels. If you want a specific brand, make sure the solar company you're considering has it.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panel system running for years to come and save you money on part replacement and repairs.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years most likely offer high-quality solar panel installation and expertise.
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 Casselberry, FL Solar Cost FAQs
How much does it cost to install solar panels in Casselberry?
The average cost of solar panels in Casselberry is about $12,650 for a 5-kW system and $25,300 for a 10-kW system before the ITC, but the real cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Casselberry?
Solar panels aren't free in Casselberry, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Can solar panels significantly reduce my energy bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Casselberry, 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.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home needs 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 household 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.