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
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Average Cost of Solar Panels in Crestview
Find out what the average cost of a solar system is in Crestview.
The national average cost of solar panels is $2.66 per watt, but in Crestview it’s 3 per watt.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.
The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of making the switch to solar can vary based on a few factors, such as what size system you need, your energy consumption and what solar installer you go with.Many homeowners find going solar is a fruitful investment. The average homeowner in Crestview can save about $22,000 on their electricity bills over 20 years.
Click the button below to get connected to a vetted solar company in your area for a customized estimate.
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
Although you can install solar panels on your own, it involves extra energy and handiness. Because of that, most people choose to go with a solar panel installer. Solar warranties and repairs are often included in the cost of installation when you sign a contract with a solar company too, which can save you more money after your upfront investment.
There are a number of licensed solar professionals that can install solar panels for you. 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 Crestview
Factors that Affect Solar Panel Costs in Crestview
The cost of installing a solar system in Crestview can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The most significant one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation 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.There are several different solar panel brands and the one you choose also changes the cost. In many cases, the brands that have better efficiency tend to also cost more. In addition, the type of equipment you’re looking to get can affect your total cost. If you just need panels, your system will be much 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 difficult. Solar loans are offered by most installers in Crestview, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also adds to your all-in costs, so it’s vital to take that into consideration as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Crestview is the company you hire to install your PV system. Similar to choosing a company to install new cabinets, for example, there are plenty of solar installers that provide a range of services for different budgets.You may see national solar installers that have lower prices because of their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those larger 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 | $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
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since picking a company can be a challenge, we have some tips to help you, such as:
- Warranty: Companies typically offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Contract: It’s important to look over your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years most likely offer quality solar panel installation and expertise.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
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 Crestview, FL Solar Cost FAQs
What is the average cost of installing solar panels in Crestview?
The average cost of solar panels in Crestview is about $16,050 for a 5-kW system and $32,100 for a 10-kW system before the ITC, but the actual cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Crestview?
Leasing solar panels can be an option if you are unable to pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
Can solar panels completely eradicate my energy bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Crestview, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can replace them once you've had them for that long or you can keep using them at a lower efficiency.
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.