Solar Panel Cost Guide in Crestview, FL (2024 Update)

  • Crestview Solar Installation Cost: $13,054
  • 25-Year Savings: $22,720
  • Payback Period: 9.9 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Crestview

Find out what the average cost of a solar system is in Crestview.

In Crestview, solar panels cost about 3 per watt on average.Because a 5.8-kW system is needed to cover the energy needs of a typical home in Crestview, the average price of going solar will be about $13,054 after claiming the federal solar tax credit of 0.

Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar will differ based on your household energy consumption, the type of equipment you want, your solar contractor and more.Many homeowners find going solar is a solid investment. The average homeowner in Crestview can save around $22,000 on their electricity bills over 20 years.

You can click the button below to get connected with a pre-vetted solar company in Crestview that can help you get a more accurate cost estimate for your home.

Solar savings over time in Crestview

Year Return on Investment
1 years $-11,294
3 years $-7,776
5 years $-4,257
7 years $-739
9 years $2,780
11 years $6,298
13 years $9,817
15 years $13,335
17 years $16,854
19 years $20,372
21 years $23,891
23 years $27,409
25 years $30,928

Top Solar Installers in Crestview

Many homeowners choose to use a solar panel company since figuring out how to install solar panels yourself can be hard. Solar warranties and repairs are ordinarily included in the cost of installation when you go with a solar company too, which can save you more money after your upfront investment.

If you're searching for a solar company in Crestview, the EcoWatch team has compiled a list of our top suggestions here:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • 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 Crestview

Factors that Affect Solar Panel Costs in Crestview

Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that determine your overall cost in Crestview: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.

Solar Equipment

One of the most significant factors to consider when it comes to the cost of adopting solar energy 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 spend around $3,210 per kilowatt in Crestview.There are a lot of different solar panel brands and the one you pick also affects the cost. Usually, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you’re looking to install can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are provided by most installers in Crestview, which can bring down, or in some cases eliminate, your upfront costs to make solar more accessible.It’s wise to factor the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it’ll take to pay back the loan.

Solar Panel Installation Company

A final factor to consider when trying to figure out the cost of solar for your home or business in Crestview is the company you get to install your solar system. Similar to choosing a company to renovate your kitchen, for example, you’ll have no shortage of solar installers that offer a range of services at different price points.Additionally, some companies in Crestview have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, 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 $3.34 $14,021 $20,070 10.3 years
8 kW $3.27 $18,336 $27,119 10.1 years
10 kW $3.21 $22,470 $34,349 9.9 years
12 kW $3.15 $26,425 $41,758 9.7 years
14 kW $3.08 $30,200 $49,346 9.5 years
16 kW $3.02 $33,795 $57,115 9.3 years
18 kW $2.95 $37,210 $65,063 9.1 years
20 kW $2.89 $40,446 $73,191 8.9 years

How to Save on Solar Panels

There are many companies available in Crestview, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:

  • Warranty: A comprehensive, 25-year warranty can help keep your solar panels running for a long time and save you money on repairs and maintenance.
  • Contract: Although reading through a contract can take a lot of time, it’s important to do it carefully so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
  • Reputation: Long-running companies likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
  • Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you opt for.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

EcoWatch's Crestview, FL Solar Cost FAQs

What is the average cost of installing solar panels in Crestview?

This is a hard question to answer exactly, because the cost depends on a few different 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 cost more if you want extra solar equipment or more efficient panels, or if you have above-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or less expensive solar panels.

Should I lease or buy solar panels in Crestview?

Leasing solar panels can be an appealing choice, as it usually comes with low or $0 upfront payments. The drawback 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.

Can solar panels completely eradicate my energy bills?

It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Crestview, 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 check with a local solar installer to see how many panels can fit on your roof.

How long do solar panels last in Crestview?

On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down 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.

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