Solar Panel Cost Guide in Flagler Estates, FL (2023 Update)
- Flagler Estates Solar Installation Cost: $9,599
- 25-Year Savings: $19,560
- Payback Period: 8.2 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Flagler Estates
Let's have a look at the average cost of solar in Flagler Estates.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Flagler Estates, the average cost of a solar system is 2.53 per watt. The average solar panel system size in Flagler Estates is around 5.4 kilowatts, meaning a cost of about $9,599 for a solar installation, or $13,727 before the 30% federal solar tax credit is applied.
These figures are only estimates, and the cost of going solar for you may vary based on the amount of energy your home requires and what company you choose to go with. For most homeowners, the upfront investment in solar is worth paying. On average you could be looking at about $20,000 in savings on energy bills over 20 years.
To get a free estimate from a pre-vetted solar installer in Flagler Estates, you can click the button below.
Solar savings over time in Flagler Estates
| Year | Return on Investment |
|---|---|
| 1 years | $-8,432 |
| 3 years | $-6,100 |
| 5 years | $-3,767 |
| 7 years | $-1,434 |
| 9 years | $898 |
| 11 years | $3,231 |
| 13 years | $5,564 |
| 15 years | $7,896 |
| 17 years | $10,229 |
| 19 years | $12,562 |
| 21 years | $14,895 |
| 23 years | $17,227 |
| 25 years | $19,560 |
Top Solar Installers in Flagler Estates
Although you can install solar panels yourself, it requires extra energy and knowledge. For that reason, most people choose a solar panel installer. Another benefit of going with a solar company is that they can help you optimize your investment by cutting back on future costs of repairs and replacements due to warranties and giving you information on local incentives you can take advantage of.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some in Flagler Estates:
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 Flagler Estates
Factors that Affect Solar Panel Costs in Flagler Estates
There are many factors that can affect your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
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 power your household consumes, the larger your system will likely need to be. You can expect to pay about $2,530 per kilowatt in Flagler Estates. The type of solar panels and equipment you choose is another factor that will substantially influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more expensive. 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 looking for a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a significant investment. That's why many Flagler Estates homeowners choose to finance their solar panel systems to make paying for solar more affordable. However, the interest on solar loans also increases your total costs, so it's crucial to consider that as well. You can always reduce the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar installer you go with to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar installation companies operating in Flagler Estates, and each can charge different amounts for labor and equipment. Additionally, some companies in Flagler Estates are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you 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 | $2.63 | $11,051 | $21,222 | 8.6 years |
| 8 kW | $2.58 | $14,451 | $28,580 | 8.4 years |
| 10 kW | $2.53 | $17,710 | $36,079 | 8.2 years |
| 12 kW | $2.48 | $20,827 | $43,720 | 8.1 years |
| 14 kW | $2.43 | $23,802 | $51,503 | 7.9 years |
| 16 kW | $2.38 | $26,636 | $59,427 | 7.7 years |
| 18 kW | $2.33 | $29,328 | $67,493 | 7.6 years |
| 20 kW | $2.28 | $31,878 | $75,700 | 7.4 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be difficult, we have some tips to help you, such as:
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years in most cases offer quality solar panel installation and expertise.
- Contract: It's important to read through your solar installer's contract well to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you opt for.
- Warranty: Each company may offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
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 Flagler Estates, FL Solar Cost FAQs
What is the average cost of installing solar panels in Flagler Estates?
This is a hard question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $12,650 for a 5-kW system and $25,300 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have above-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Can you get solar panels for free in Flagler Estates?
A solar panel system isn't free in Flagler Estates, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
How much can I save on energy bills after switching to solar?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Flagler Estates, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy needs and the average daily 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 get 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.