Solar Panel Cost Guide in Flagler Beach, FL (2024 Update)
- Flagler Beach Solar Installation Cost: $12,266
- 25-Year Savings: $19,491
- Payback Period: 10.5 Years
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Average Cost of Solar Panels in Flagler Beach
Let’s take a look at the average cost of solar in Flagler Beach.
The average cost of solar panels in Flagler Beach is 3 per watt.Because a 5.5-kW system is needed to cover the energy needs of a typical home in Flagler Beach, the average price of going solar will be about $12,266 after claiming the federal solar tax credit of 0.
Bear in mind that the figures above are only estimates based on the average Flagler Beach homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.With typical savings of about $20,000 on power bills over 20 years, many homeowners in Flagler Beach find investing in solar has a decent ROI.
You can click the button below to get connected with a vetted solar installer in Flagler Beach for a quote for your home.
Solar savings over time in Flagler Beach
| Year | Return on Investment |
|---|---|
| 1 years | $-10,892 |
| 3 years | $-8,145 |
| 5 years | $-5,398 |
| 7 years | $-2,651 |
| 9 years | $96 |
| 11 years | $2,844 |
| 13 years | $5,591 |
| 15 years | $8,338 |
| 17 years | $11,085 |
| 19 years | $13,833 |
| 21 years | $16,580 |
| 23 years | $19,327 |
| 25 years | $22,074 |
Top Solar Installers in Flagler Beach
Trying to put up solar panels by yourself can be a difficult project, which is why getting a solar installation company is a good option for many homeowners. Plus, if you aren’t sure what kind of solar panels and equipment you need, a solar installer can help you find the right equipment for you after a site survey and consultation.
Working with a licensed solar installer can help you make the most of your investment in solar. 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 Flagler Beach
Factors that Affect Solar Panel Costs in Flagler Beach
For many Flagler Beach homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Flagler Beach, with typical prices between $20,000 to $40,000. There are numerous factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. Because of that, it’s a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs.The brand and type of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Most solar companies in Flagler Beach offer solar loans, which reduce your upfront costs of installing a solar system.Even though solar loans make going solar more accessible for Flagler Beach homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The final significant cost factor you should consider is the installer you choose. Given the massive popularity of renewable energy solutions in Flagler Beach, you’ll have lots of 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 undercut 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 car 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 | $18,028 | 10.9 years |
| 8 kW | $3.27 | $18,336 | $24,396 | 10.7 years |
| 10 kW | $3.21 | $22,470 | $30,945 | 10.5 years |
| 12 kW | $3.15 | $26,425 | $37,673 | 10.3 years |
| 14 kW | $3.08 | $30,200 | $44,581 | 10.1 years |
| 16 kW | $3.02 | $33,795 | $51,669 | 9.9 years |
| 18 kW | $2.95 | $37,210 | $58,936 | 9.7 years |
| 20 kW | $2.89 | $40,446 | $66,384 | 9.5 years |
How to Save on Solar Panels
The solar installer you choose will influence not only your overall 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 keep in mind, including:
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you hire.
- 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 you can expect about the cost.
- Installation Process: When going solar, it’s necessary to maintain an open line of communication with your solar installer. Make sure you understand how the installation process will go and the project completion timeline.
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
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 Flagler Beach, FL Solar Cost FAQs
What is the average cost of installing solar panels in Flagler Beach?
This is a difficult question to answer exactly, because the cost depends on many 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 be more expensive if you want additional solar equipment or higher quality panels, or if you have above-average energy consumption. Conversely, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in Flagler Beach?
Leasing solar panels can be an attractive 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 way to go if you want to maximize your savings.
How will installing solar panels impact my home value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Flagler Beach is currently $504,266, which means you can look forward to a value of about $20,675 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Flagler Beach is a fruitful investment.
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 the amount of 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 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.