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.
While the national average of solar panels is $2.66 per watt, solar panels in Four Corners generally cost around 3.The average solar panel system size in Four Corners is around 5.5 kilowatts, meaning a cost of about $12,353 for a solar installation, or $17,665 before the 0 federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you’ll end up paying for solar may vary based on your household energy consumption, the type of solar system you want, your solar contractor and more.Many homeowners find going solar is a fruitful investment. The average homeowner in Four Corners can save about $24,000 on their power bills over 20 years.
You can click the button below to get connected with a vetted solar company in Four Corners that can help you get a more accurate cost estimate for your home.
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
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a pain. Going with a solar company can make your switch to solar power much easier. Solar warranties and repairs are typically included in the cost of installation when you hire a solar contractor as well, which can save you more money over time.
Working with a licensed solar company can help your solar project go smoothly. 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 Four Corners
Factors that Affect Solar Panel Costs in Four Corners
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few primary factors that affect your total cost in Four Corners: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
When it comes to estimating the price of a solar panel system in Four Corners, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy consumption, which you can figure out by looking at past energy bills. Your overall cost can increase by around $3,210 for each additional kilowatt you need.The type of solar panels and equipment you get is another factor that will greatly influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Furthermore, solar equipment goes beyond just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are provided by most installers in Four Corners, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more accessible.It’s wise to include the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Four Corners is the company you get to install your PV system. Similar to choosing a company to renovate your kitchen, for instance, you’ll have no shortage of solar installers that provide a range of services for different budgets.The size of the company sometimes plays the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have 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 discount 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 model of solar panels and the installer you choose considerably affects your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years in most cases provide good-quality solar panel installation and expertise.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be done and what the project timeline is.
- Solar Panel Brands: The kind of solar panel you’d like to install plays a part in which company you should opt for, since different companies offer different panels.
- Contract: Read the contract terms thoroughly to make sure you understand the cost breakdown, completion timeline rebates and warranties.
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 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 real cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Four Corners?
Leasing solar panels can be an option if you can’t afford to pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
Does Four Corners have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future utility bills.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can keep using 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.