Solar Panel Cost Guide in Fruitland Park, FL (2024 Update)
- Fruitland Park Solar Installation Cost: $12,571
- 25-Year Savings: $22,546
- Payback Period: 9.7 Years
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Average Cost of Solar Panels in Fruitland Park
We go over average solar pricing in Fruitland Park.
The national average cost of solar panels is $2.66 per watt, but in Fruitland Park it’s 3 per watt.The average Fruitland Park homeowner needs a 5.6-kilowatt system, which would cost about $12,571 with the federal tax credit, or $17,977 before the 0 tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Fruitland Park homeowners. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor.Many homeowners find installing solar panels is a solid investment. The average homeowner in Fruitland Park can save around $23,000 on their electricity bills over 20 years.
To get a free quote from a top solar installer in Fruitland Park, you can click the button below.
Solar savings over time in Fruitland Park
| Year | Return on Investment |
|---|---|
| 1 years | $-10,852 |
| 3 years | $-7,413 |
| 5 years | $-3,974 |
| 7 years | $-535 |
| 9 years | $2,904 |
| 11 years | $6,343 |
| 13 years | $9,782 |
| 15 years | $13,221 |
| 17 years | $16,659 |
| 19 years | $20,098 |
| 21 years | $23,537 |
| 23 years | $26,976 |
| 25 years | $30,415 |
Top Solar Installers in Fruitland Park
Putting up solar panels on your own can be a stressful undertaking, which is why using a solar installer is a good option for many homeowners. Another perk of utilizing a solar installer is that they can help you optimize your investment by reducing your future costs of repairs and replacements due to warranties and giving you information on local incentives you can take advantage of.
If you’d like to start using solar energy but still aren’t certain which solar system installer to go with, here are our suggestions for providers nearby:
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 Fruitland Park
Factors that Affect Solar Panel Costs in Fruitland Park
There are many factors that can determine your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to pay about $3,210 per kilowatt in Fruitland Park.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Fruitland Park, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Fruitland Park to be too costly, even if the investment pays off over time. Fortunately, almost every solar company in the area provides access to financing options. Solar loans substantially decrease upfront costs in most cases, but they also lead to a higher cost over time due to interest.It’s a good idea to factor 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 how long it’ll take to pay off the loan.
Solar Panel Installation Company
Finally, the company you choose to install your solar system can influence the cost. Fruitland Park’s solar companies all have different labor costs and add varying upcharges to equipment. You may notice national solar installers that have lower prices due to 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 | $3.34 | $14,021 | $20,783 | 10.1 years |
| 8 kW | $3.27 | $18,336 | $28,071 | 9.9 years |
| 10 kW | $3.21 | $22,470 | $35,538 | 9.7 years |
| 12 kW | $3.15 | $26,425 | $43,185 | 9.5 years |
| 14 kW | $3.08 | $30,200 | $51,011 | 9.3 years |
| 16 kW | $3.02 | $33,795 | $59,017 | 9.1 years |
| 18 kW | $2.95 | $37,210 | $67,204 | 8.9 years |
| 20 kW | $2.89 | $40,446 | $75,569 | 8.7 years |
How to Save on Solar Panels
There are a large number of companies available in Fruitland Park, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Solar Panel Brands: Different companies have various brands and types of panels. If you prefer a specific brand, make sure the solar panel installer you’re considering has it.
- Reputation: Your solar installer should have a sound reputation as a company and have proven expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Even though reading through a contract can take a lot of time, it’s important to do it carefully so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
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 Fruitland Park, FL Solar Cost FAQs
How much does it cost to install solar panels in Fruitland Park?
The average cost of solar panels in Fruitland Park 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 certain factors like the model of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Fruitland Park?
A solar panel system isn’t free in Fruitland Park, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
How much can I save on energy bills after switching to solar?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Fruitland Park, 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.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can 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.