Solar Panel Cost Guide in DeLand, FL (2024 Update)
- DeLand Solar Installation Cost: $12,298
- 25-Year Savings: $21,461
- Payback Period: 9.9 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 DeLand
Let’s take a look at the average cost of solar in DeLand.
Currently, the national average cost of solar panels is $2.66 per watt. However, in DeLand, the average cost of solar panels is 3 per watt.Using this figure, a typical 5.5-kW system would cost about $12,298 before the 0 federal solar tax credit is applied.
How much you pay can be above or below the average in DeLand based on a variety of factors, such as the kind of solar panels you choose and the solar installer you hire.But, once you've paid the upfront cost of installation, the payback for most homeowners is usually rewarding, with a net average savings of about $22,000 over 20 years on utility bills.
To receive a free quote from a vetted solar installer in DeLand, you can click the button below.
Solar savings over time in DeLand
| Year | Return on Investment |
|---|---|
| 1 years | $-10,623 |
| 3 years | $-7,274 |
| 5 years | $-3,925 |
| 7 years | $-576 |
| 9 years | $2,773 |
| 11 years | $6,122 |
| 13 years | $9,471 |
| 15 years | $12,820 |
| 17 years | $16,169 |
| 19 years | $19,517 |
| 21 years | $22,866 |
| 23 years | $26,215 |
| 25 years | $29,564 |
Top Solar Installers in DeLand
DIY solar panel installation is a way to cut costs, but it's an undertaking that can be a pain. Using a solar company can make your swap to solar power much easier. Also, companies with a good reputation that cost more upfront could actually save you money in the long run due to their warranties, repair services and expert design.
Working with a professional solar company can make going solar easier. 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
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 DeLand
Factors that Affect Solar Panel Costs in DeLand
The cost of installing a solar system in DeLand can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is the size of the system your home needs, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar 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 about $3,210 per kilowatt in DeLand.The kind of solar panels and equipment you get is another factor that will considerably affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Moreover, solar equipment goes beyond just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that’s in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in DeLand to be too costly, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides financing options. Solar loans drastically decrease upfront costs in most cases, but they also result in a higher cost over time due to interest.It’s wise to factor the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
Finally, the company you hire to install your solar panels can influence the cost. DeLand’s solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and find a company that has the products, warranties and services you want and also is within your budget.
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 | $20,132 | 10.3 years |
| 8 kW | $3.27 | $18,336 | $27,202 | 10.1 years |
| 10 kW | $3.21 | $22,470 | $34,452 | 9.9 years |
| 12 kW | $3.15 | $26,425 | $41,881 | 9.7 years |
| 14 kW | $3.08 | $30,200 | $49,491 | 9.5 years |
| 16 kW | $3.02 | $33,795 | $57,280 | 9.3 years |
| 18 kW | $2.95 | $37,210 | $65,249 | 9.1 years |
| 20 kW | $2.89 | $40,446 | $73,397 | 8.9 years |
How to Save on Solar Panels
The solar installer you opt for will impact not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should take into account, such as:
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Contract: It’s important to look over your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system’s energy production.
- Installation Process: When making the switch to solar energy, it’s necessary to keep an open line of communication with your solar company. Confirm that you understand how the installation process will go and the completion timeline.
- 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.
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 DeLand, FL Solar Cost FAQs
How much does it cost to install solar panels in DeLand?
This is a tough question to answer precisely, 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. It will cost more if you want additional solar equipment or more efficient panels, or if you have above-average energy usage. Conversely, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in DeLand?
Leasing solar panels can be an appealing choice, as it usually 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 incentives and your home value won’t increase. Buying solar panels is a better option if you want to maximize your savings.
Can you sell solar power back to the grid in DeLand?
Most states have net metering programs of some kind. Through these, you can either be compensated for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can 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 buy 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.