Solar Panel Cost Guide in Four Corners, FL (2024 Update)
- Four Corners Solar Installation Cost: $12,353
- 25-Year Savings: $23,438
- Payback Period: 9.3 Years
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Average Cost of Solar Panels in Four Corners
Find out what the average cost of solar panels are in Four Corners.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Four Corners, the average cost of a solar system is 3 per watt.Using this figure, a typical 5.5-kW system would cost about $12,353 before the 0 federal solar tax credit is applied.
The actual price you pay can be higher or lower than the average in Four Corners based on a few factors, such as the model of solar panels you choose and the solar installer you hire.For most homeowners, the upfront investment in solar panels is worth paying. On average Four Corners homeowners see about $24,000 in savings on utility bills over 20 years.
To receive a free quote from a highly rated solar installer in Four Corners, you can click the button below.
Solar savings over time in Four Corners
| Year | Return on Investment |
|---|---|
| 1 years | $-10,578 |
| 3 years | $-7,028 |
| 5 years | $-3,479 |
| 7 years | $71 |
| 9 years | $3,620 |
| 11 years | $7,170 |
| 13 years | $10,719 |
| 15 years | $14,269 |
| 17 years | $17,818 |
| 19 years | $21,368 |
| 21 years | $24,918 |
| 23 years | $28,467 |
| 25 years | $32,017 |
Top Solar Installers in Four Corners
Putting up solar panels yourself can be a challenging undertaking, which is why using a solar installation company is a good option for many homeowners. Solar companies provide key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.
You can work with a local solar installer to get a free quote on how much solar panels could cost for your home. Here are some near you:
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 Four Corners
Factors that Affect Solar Panel Costs in Four Corners
Though the average cost of a solar system in Four Corners is $12,353, your final cost may be higher or lower than that. There are quite a few factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more important things to consider.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to pay about $3,210 per kilowatt in Four Corners.There are a lot of different solar panel brands and the one you choose also changes the cost. Usually, the brands that have better efficiency tend to also cost more. In addition, the type of equipment you’re looking to install can affect your total cost. If you only 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 Four Corners to be prohibitively costly, even if the investment pays off over time. Fortunately, nearly every solar installer in the area offers financing options. Solar loans drastically decrease upfront costs in most cases, but they also lead to paying more over time due to interest.While solar loans make adopting solar energy more accessible for Four Corners homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar panel companies operating in Four Corners, and each can charge different amounts for labor and equipment.The size of the company can sometimes play the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger names.
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 | $22,184 | 9.7 years |
| 8 kW | $3.27 | $18,336 | $29,939 | 9.5 years |
| 10 kW | $3.21 | $22,470 | $37,873 | 9.3 years |
| 12 kW | $3.15 | $26,425 | $45,987 | 9.1 years |
| 14 kW | $3.08 | $30,200 | $54,280 | 8.9 years |
| 16 kW | $3.02 | $33,795 | $62,754 | 8.8 years |
| 18 kW | $2.95 | $37,210 | $71,407 | 8.6 years |
| 20 kW | $2.89 | $40,446 | $80,240 | 8.4 years |
How to Save on Solar Panels
Since the kind of solar panels and the installer you choose has an impact on your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: Companies that have been in business for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Installation Process: Make sure you’re aligned with the company with regard to how the installation process will go and what needs to be done before your solar panels are installed, such as updating or replacing your electrical system or roof.
- 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 large role in the company you hire.
- Contract: Before signing a contract with a solar company, make sure you read it through carefully so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
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 Four Corners, FL Solar Cost FAQs
What is the average cost of installing solar panels in Four Corners?
The average cost of solar panels in Four Corners is about $16,050 for a 5-kW system and $32,100 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Four Corners?
Leasing solar panels can be an attractive choice, as it often comes with low or $0 upfront payments. The drawback 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 get the most savings.
Can you sell solar power back to the grid in Four Corners?
The majority of states have net metering programs of some kind. Through these, you can either be compensated for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Four Corners?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can decide to replace them after having them for that long or you can continue to use them at a lower efficiency.
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.