Solar Panel Cost Guide in Casselberry, FL (2024 Update)
- Casselberry Solar Installation Cost: $12,566
- 25-Year Savings: $20,797
- Payback Period: 10.2 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Casselberry
We break down average solar pricing in Casselberry.
The average cost of a solar panel system in Casselberry is 3 per watt.Using this figure, a typical 5.6-kW system would cost about $12,566 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Casselberry homeowners. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.With average savings of about $21,000 on power bills over 20 years, many homeowners in Casselberry find installing solar panels can be quite rewarding.
To see your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Casselberry
| Year | Return on Investment |
|---|---|
| 1 years | $-10,973 |
| 3 years | $-7,786 |
| 5 years | $-4,600 |
| 7 years | $-1,413 |
| 9 years | $1,773 |
| 11 years | $4,959 |
| 13 years | $8,146 |
| 15 years | $11,332 |
| 17 years | $14,519 |
| 19 years | $17,705 |
| 21 years | $20,892 |
| 23 years | $24,078 |
| 25 years | $27,264 |
Top Solar Installers in Casselberry
Installing solar panels on your own can be a dangerous task, which is why getting a solar installation company is a good option for many homeowners. Also, if you’d like to maximize your investment in solar, going with a solar company can help with that too. Different providers can offer repairs, expertise on installation and sometimes even information on local incentives.
There are various licensed solar professionals that can help you install your solar system. Here are our suggestions:
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 Casselberry
Factors that Affect Solar Panel Costs in Casselberry
Cost is typically one of the most important factors for homeowners wanting to invest in solar. There are a few major factors that will push your cost above or below the average in Casselberry: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
One of the most important 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 power your household consumes, the larger your system will likely need to be. You can expect to spend about $3,210 per kilowatt in Casselberry.The type of solar panels and equipment you choose is another factor that will considerably impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Further, solar equipment consists of more than just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that’s in your budget.
Solar Financing Terms
If paying for solar panels in cash is difficult, solar loans are a popular route because they reduce your upfront costs and let you pay for your system over five to seven years on average.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you’re only able to 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 interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The solar installer you hire to handle your switch to solar energy can play a role in your total costs. There are about 3 solar panel companies operating in Casselberry, and each can charge different amounts for labor and equipment.The company’s size can sometimes play the most significant role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to more resources and better 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 names.
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 | $18,918 | 10.6 years |
| 8 kW | $3.27 | $18,336 | $25,583 | 10.4 years |
| 10 kW | $3.21 | $22,470 | $32,429 | 10.2 years |
| 12 kW | $3.15 | $26,425 | $39,454 | 10.0 years |
| 14 kW | $3.08 | $30,200 | $46,659 | 9.8 years |
| 16 kW | $3.02 | $33,795 | $54,043 | 9.6 years |
| 18 kW | $2.95 | $37,210 | $61,607 | 9.4 years |
| 20 kW | $2.89 | $40,446 | $69,351 | 9.2 years |
How to Save on Solar Panels
There are a lot of companies available in Casselberry, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- 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.
- Solar Panel Brands: The model of solar panel you want to install plays a part in which company you should choose, since different companies provide different panels.
- Contract: Before signing a contract with a solar installer, be sure to read it through completely so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
- Installation Process: When going solar, it’s necessary to keep an open line of communication with your solar installer. Make sure you understand how the installation process will go and the completion timeline.
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 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 $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 things like the kind of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Casselberry?
Leasing solar panels can be an appealing choice, as it typically 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 tax rebates and credits and your home value won’t increase. Buying solar panels is a better option if you want to maximize your savings.
Is it worth going solar in Casselberry?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy needs and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to cover their typical energy usage.
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.