Solar Panel Cost Guide in Celebration, FL (2024 Update)
- Celebration Solar Installation Cost: $12,187
- 25-Year Savings: $22,642
- Payback Period: 9.4 Years
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Average Cost of Solar Panels in Celebration
Let’s take a look at the average cost of solar panels in Celebration.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Celebration, the typical cost of solar panels is 3 per watt.The average solar panel system size in Celebration is around 5.4 kilowatts, meaning a cost of about $12,187 for a solar installation, or $17,427 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of installing solar panels can vary based on several factors, such as what size system you need, your energy usage and what installation company you go with.But, after you've paid the initial cost of installation, the ROI for most homeowners is typically 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 Celebration
| Year | Return on Investment |
|---|---|
| 1 years | $-10,412 |
| 3 years | $-6,863 |
| 5 years | $-3,313 |
| 7 years | $236 |
| 9 years | $3,786 |
| 11 years | $7,336 |
| 13 years | $10,885 |
| 15 years | $14,435 |
| 17 years | $17,984 |
| 19 years | $21,534 |
| 21 years | $25,083 |
| 23 years | $28,633 |
| 25 years | $32,183 |
Top Solar Installers in Celebration
DIY solar panel installation is a possibility, but it's an undertaking that can use up a lot of your time and energy. Using a solar company can make converting to solar power much easier. Another good thing about using a top solar installer is that it'll usually provide warranties and free repairs, which help protect your solar system over time.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Celebration
Factors that Affect Solar Panel Costs in Celebration
For many Celebration homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Celebration, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,210.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 over time on your energy bills. In addition, extra products, such as solar batteries, can bump up your total well above the Celebration average.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That’s why many Celebration homeowners choose to finance their solar panel systems to offset upfront costs.However, the interest on solar loans also adds to your overall 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 final significant cost factor you should keep in mind is the installer you choose. Given the massive popularity of sustainable energy solutions in Celebration, you’ll have plenty of options to choose from, but each comes at different price points for labor and equipment.Larger national companies generally have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle charger installation, they might be cheaper overall.
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 | $21,652 | 9.8 years |
| 8 kW | $3.27 | $18,336 | $29,229 | 9.6 years |
| 10 kW | $3.21 | $22,470 | $36,986 | 9.4 years |
| 12 kW | $3.15 | $26,425 | $44,922 | 9.3 years |
| 14 kW | $3.08 | $30,200 | $53,038 | 9.1 years |
| 16 kW | $3.02 | $33,795 | $61,334 | 8.9 years |
| 18 kW | $2.95 | $37,210 | $69,810 | 8.7 years |
| 20 kW | $2.89 | $40,446 | $78,465 | 8.5 years |
How to Save on Solar Panels
There are a lot of companies to choose from in Celebration, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Warranty: If you care about the endurance of your solar panels, verifying that your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years most likely provide good-quality solar panel installation and expertise.
- Solar Panel Brands: Different companies will carry different brands and models of panels. If you prefer a specific brand, make sure the solar company you’re considering has it.
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be done and how long it will take.
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 Celebration, FL Solar Cost FAQs
What is the average cost of installing solar panels in Celebration?
This is a tough question to answer exactly, 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. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have above-average energy consumption. On the flip side, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Is cost the most important thing to think about when buying solar panels?
The upfront cost is a key factor to consider, but whether it’s the most important for you depends on your goals for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
How will solar panels impact my home value?
Solar panels can increase your home value significantly 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."
How often do you have to replace solar panels?
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 larger level 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.