Solar Panel Cost Guide in Glenvar Heights, FL (2024 Update)
- Glenvar Heights Solar Installation Cost: $12,014
- 25-Year Savings: $19,689
- Payback Period: 10.3 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Glenvar Heights
Let’s have a look at the average cost of solar panels in Glenvar Heights.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Glenvar Heights, the average cost of a solar system is 3 per watt.The average solar panel system size in Glenvar Heights is around 5.3 kilowatts, meaning a cost of about $12,014 for a solar installation, or $17,180 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Glenvar Heights homeowners. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.Many homeowners find adopting solar power is a rewarding investment. The average homeowner in Glenvar Heights can save around $21,000 on their power bills over 20 years.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Glenvar Heights
Year | Return on Investment |
---|---|
1 years | $-10,641 |
3 years | $-7,894 |
5 years | $-5,146 |
7 years | $-2,399 |
9 years | $348 |
11 years | $3,095 |
13 years | $5,843 |
15 years | $8,590 |
17 years | $11,337 |
19 years | $14,084 |
21 years | $16,832 |
23 years | $19,579 |
25 years | $22,326 |
Top Solar Installers in Glenvar Heights
When making the switch to solar, many homeowners decide to go with a solar company since overseeing your solar installation yourself can be a challenging project. Solar warranties and repairs are often included in the cost of installation when you hire a solar company too, which can save you more money after your upfront investment.
If you're searching for a solar company in Glenvar Heights, the EcoWatch team has put together a list of our top suggestions here:
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 Glenvar Heights
Factors that Affect Solar Panel Costs in Glenvar Heights
While the average cost of a solar system in Glenvar Heights is $12,014, your final cost may be higher or lower than that. There are several factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
When it comes to estimating the cost of solar panels in Glenvar Heights, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy usage, which you can gauge by looking at past energy bills. Your total cost can increase by about $3,210 for each additional kilowatt you need.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Glenvar Heights, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited 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
If paying for solar panels out of pocket is out of reach, solar loans are an affordable choice because they cut back your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Glenvar Heights is the company you get to install your solar system. Similar to choosing a company to install new cabinets, for example, there’s no shortage of solar installers that provide a range of services at different price points.Larger national companies usually have lower costs, but some local companies compete with 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 | $18,699 | 10.7 years |
8 kW | $3.27 | $18,336 | $25,291 | 10.5 years |
10 kW | $3.21 | $22,470 | $32,063 | 10.3 years |
12 kW | $3.15 | $26,425 | $39,015 | 10.1 years |
14 kW | $3.08 | $30,200 | $46,147 | 9.9 years |
16 kW | $3.02 | $33,795 | $53,459 | 9.7 years |
18 kW | $2.95 | $37,210 | $60,950 | 9.5 years |
20 kW | $2.89 | $40,446 | $68,621 | 9.3 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be difficult, we have some tips to help you, such as:
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like EcoWatch.
- Contract: When looking through your solar company’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you choose.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
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 Glenvar Heights, FL Solar Cost FAQs
What is the average cost of installing solar panels in Glenvar Heights?
The average cost of solar panels in Glenvar Heights 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 things like the type of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Glenvar Heights?
You can’t get solar panels for free in Glenvar Heights. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
Can solar panels completely eradicate my energy bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners throughout Glenvar Heights, that will require at least a 10-kW system. Not all homes can accommodate 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 often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.