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
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Average Cost of Solar Panels in DeLand
Let’s take a look at the average cost of solar in DeLand.
In DeLand, solar panels cost about 3 per watt on average.Because a 5.5-kW system is needed to cover the energy consumption of a typical home in DeLand, the average price of going solar will be about $12,298 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 installing solar panels can vary quite a bit based on several factors, such as how many panels you need, your energy usage and what installation company you go with.Despite the large upfront cost, the average DeLand homeowner can save about $22,000 on their power bills over 20 years, which is one of the perks of solar.
To see your potential ROI and connect with a local solar installer, 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
Although you can install solar panels on your own, it requires extra effort and expertise. Because of that, the majority of homeowners choose to hire a solar panel installer. Companies can also provide access to various kinds of the best solar panels and help you choose which one will be right for your family.
There are a number of licensed solar professionals that can help you install your solar system. 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 DeLand
Factors that Affect Solar Panel Costs in DeLand
While the average cost of a solar system in DeLand is $12,298, your final cost may be higher or lower than that. There are several factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.
Solar Equipment
One of the most important 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 power your household uses, the larger your system will likely need to be. You can expect to spend around $3,210 per kilowatt in DeLand.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 opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your power bills. Additionally, extra products, like solar batteries, can bring your total well above the DeLand average.
Solar Financing Terms
Most solar companies in DeLand offer solar loans, which reduce the initial cost of installing a solar system.You’ll have to consider the long-term cost of financing options, including the total 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 considerably.
Solar Panel Installation Company
The remaining major cost factor you should take into consideration is the installer you choose. Given the massive popularity of green energy solutions in DeLand, you’ll have many options to choose from, but each comes at varying price points for labor and equipment.Larger national companies generally have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on 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 | $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
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you pick the right company for you, here are some tips to keep in mind:
- Reputation: Companies that have been in business for many years 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.
- Contract: When looking over your solar company’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios like a system component breaking or the company going out of business.
- Installation Process: Make sure you’re on the same page with the installer with regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating your electrical system or roof.
- Warranty: Warranties that provide coverage for replacement parts and repairs over a couple decades are the gold standard in the business, and offering that kind of warranty is one indication of a quality company.
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 DeLand, FL Solar Cost FAQs
What is the average cost of installing solar panels in DeLand?
This is a difficult question to answer precisely, because the cost depends on many factors. Broadly 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 additional solar equipment or higher quality panels, or if you have above-average energy consumption. On the other hand, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in DeLand?
Leasing solar panels can be an option if you can’t afford to pay upfront or secure a solar loan, but since you don’t own the system, you can’t take advantage of 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 savings from going solar.
Does DeLand have a net metering program?
The majority of states have net metering programs of some kind. Through these, you can get paid 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.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage and how much 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 account for 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.