Solar Panel Cost Guide in Fellsmere, FL (Feb 2023)
- Fellsmere Solar Installation Cost: $9,422
- 25-Year Savings: $21,492
- Payback Period: 7.6 Years
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Top Solar Installers in Fellsmere
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can use up a lot of your time and energy. Going with a solar panel installer can make converting to solar power much easier. Plus, if you aren't sure what kind of solar panels and equipment you want, a solar expert can help you figure that out after a site survey and consultation.
There are several licensed solar professionals that can help you install your solar panels. Here are our suggestions:
See all of the solar companies in Fellsmere
Factors that Affect Solar Panel Costs in Fellsmere
While the average cost of a solar system in Fellsmere is $9,422, 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 residential solar panel installation. Below are some of the more crucial things to keep in mind.
When it comes to estimating the price of a solar panel system in Fellsmere, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home's energy consumption, which you can gauge by looking at past power bills. Your overall cost can increase by around $2,530 for each additional kilowatt you need. The type 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, higher efficiency could save you more over time on your power bills. In addition, extra products, like solar batteries, can bring your total well above the Fellsmere average.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are available from most installers in Fellsmere, which can lower, or in some cases totally eliminate, your upfront costs to make solar more affordable. However, the interest on solar loans also increases your all-in costs, so it's crucial to consider that as well. You can always reduce the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
Finally, the company you get to install your solar system can influence how much you pay. Fellsmere's solar companies all have different labor costs and add varying upcharges to equipment. You may come across national solar installers that have lower prices because of their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions to compete with those major players.
Solar Panel Cost Data by System Size
|System size||Cost per system watt||Solar system cost||25-Year savings||Payback period|
|6 kW||$2.63||$11,051||$23,782||7.9 years|
|8 kW||$2.58||$14,451||$31,992||7.8 years|
|10 kW||$2.53||$17,710||$40,345||7.6 years|
|12 kW||$2.48||$20,827||$48,839||7.5 years|
|14 kW||$2.43||$23,802||$57,474||7.3 years|
|16 kW||$2.38||$26,636||$66,252||7.2 years|
|18 kW||$2.33||$29,328||$75,171||7.0 years|
|20 kW||$2.28||$31,878||$84,232||6.9 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. Because choosing a company can be a tough decision, we have some tips to help you, such as:
- Contract: Look through the contract terms thoroughly to make sure you understand the total cost, project completion timeline rebates and warranties.
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: Different companies carry various brands and types of panels. If you prefer a specific brand, make sure the solar installer you're considering has it.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years most likely provide good-quality solar panel installation and expertise.
EcoWatch's Fellsmere, FL Solar Cost FAQs
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.