Solar Panel Cost Guide in East Lake-Orient Park, FL (2025 Update)
- East Lake-Orient Park Solar Installation Cost: $12,394
- 25-Year Savings: $16,463
- Payback Period: 11.8 Years
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Average Cost of Solar Panels in East Lake-Orient Park
See how much it might cost to install solar panels in East Lake-Orient Park.
The average cost of a solar panel system in East Lake-Orient Park is 3 per watt.Since a 5.5-kW system is needed to cover the energy costs of a typical home in East Lake-Orient Park, the average price of going solar will be about $12,394 after claiming the federal solar tax credit of 0.
Remember that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy needs, the type of equipment you choose, your solar contractor and more.With average savings of about $19,000 on energy bills over 20 years, many homeowners in East Lake-Orient Park find installing solar panels has a decent ROI.
For a customized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in East Lake-Orient Park
Year | Return on Investment |
---|---|
1 years | $-11,069 |
3 years | $-8,418 |
5 years | $-5,767 |
7 years | $-3,116 |
9 years | $-466 |
11 years | $2,185 |
13 years | $4,836 |
15 years | $7,486 |
17 years | $10,137 |
19 years | $12,788 |
21 years | $15,439 |
23 years | $18,089 |
25 years | $20,740 |
Top Solar Installers in East Lake-Orient Park
Although you can install solar panels yourself, it takes extra energy and know-how. Because of that, almost all homeowners choose a solar panel installer. Since solar panels are exposed to rain, snow, hail and wind, depending on the climate, warranties and repairs from your solar installer can help you get the most out of your investment in solar panels by reducing potential costs down the line.
There are various licensed solar professionals that can take care of your solar installation project. 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 East Lake-Orient Park
Factors that Affect Solar Panel Costs in East Lake-Orient Park
There are several factors that can play into your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,210.There are a lot of different solar panel brands and the one you choose also affects the cost. Generally, the brands that have better efficiency tend to also be more expensive. In addition, the type of equipment you choose 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
Many homeowners find the average cost of solar in East Lake-Orient Park to be too steep, even if the investment pays off over time. Fortunately, nearly every solar company in the area offers financing options. Solar loans remarkably decrease upfront costs in most cases, but they also result in a higher cost over time due to interest.However, the interest on solar loans also increases your overall costs, so it’s important to include that in your estimate as well. You can always bring down the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panel system can play a role in determining your pricing. East Lake-Orient Park’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in East Lake-Orient Park have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save 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 | $14,513 | 12.3 years |
8 kW | $3.27 | $18,336 | $19,710 | 12.0 years |
10 kW | $3.21 | $22,470 | $25,087 | 11.8 years |
12 kW | $3.15 | $26,425 | $30,643 | 11.6 years |
14 kW | $3.08 | $30,200 | $36,380 | 11.3 years |
16 kW | $3.02 | $33,795 | $42,296 | 11.1 years |
18 kW | $2.95 | $37,210 | $48,392 | 10.9 years |
20 kW | $2.89 | $40,446 | $54,667 | 10.6 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose has an impact on your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Although reading through a contract can take a lot of time, it’s important to do it thoroughly so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Reputation: Long-running companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. Even though there are many options for which model of solar panel you can get, not every company will have the exact one you may want or need, so be sure to peruse their list of offerings before making your decision.
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 East Lake-Orient Park, FL Solar Cost FAQs
What is the average cost of installing solar panels in East Lake-Orient Park?
The average cost of solar panels in East Lake-Orient Park is about $16,050 for a 5-kW system and $32,100 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in East Lake-Orient Park?
Solar panels aren’t free in East Lake-Orient Park, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Is going solar worth it?
Solar panels can be a good investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your energy bills are already reasonably low, solar panels might not be for you.
How often do you have to replace solar panels?
On average, solar panels can last 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.