Solar Panel Cost Guide in Gonzalez, FL (2023 Update)
- Gonzalez Solar Installation Cost: $10,303
- 25-Year Savings: $25,388
- Payback Period: 7.2 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Gonzalez
Find out what the average cost of a solar system is in Gonzalez.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Gonzalez, the typical cost of solar panels is 2.53 per watt. The average solar panel system size in Gonzalez is around 5.8 kilowatts, meaning a cost of about $10,307 for a solar installation, or $14,739 before the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar may vary based on your household energy needs, the type of solar panels you want to get, your solar contractor and more. Many homeowners find installing solar panels is a sound investment. The average homeowner in Gonzalez can save around $23,000 on their energy bills over 20 years.
Click the button below to get connected to a reputable solar installer in your area for a personalized quote.
Solar savings over time in Gonzalez
| Year | Return on Investment |
|---|---|
| 1 years | $-10,184 |
| 3 years | $-9,946 |
| 5 years | $-9,708 |
| 7 years | $-9,470 |
| 9 years | $-9,232 |
| 11 years | $-8,994 |
| 13 years | $-8,756 |
| 15 years | $-8,518 |
| 17 years | $-8,280 |
| 19 years | $-8,042 |
| 21 years | $-7,805 |
| 23 years | $-7,567 |
| 25 years | $-7,329 |
Top Solar Installers in Gonzalez
Trying to install solar panels yourself can be a challenging undertaking, which is why getting a solar installation company is a good option for many homeowners. The expertise that solar installers provide can be helpful as well, especially if you don't quite know what kind of solar equipment you need.
If you'd like to make the switch to solar but still aren't sure which solar panel company to go with, here are our suggestions for providers near you:
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 Gonzalez
Factors that Affect Solar Panel Costs in Gonzalez
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few major factors that will push your cost above or below the average in Gonzalez: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,530. There are several different solar panel brands and the one you pick also affects the cost. Generally speaking, the brands that are more efficient tend to also be more expensive. Additionally, the type of equipment you want 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 Gonzalez to be prohibitively expensive, even if the investment pays off over time. Fortunately, almost every solar company in the area provides access to financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also lead to higher prices over time because of interest. When figuring out your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying more upfront can lower the total interest paid over time.
Solar Panel Installation Company
The last key cost factor you should keep in mind is the installer you choose. Given the massive popularity of green energy solutions in Gonzalez, you'll have a great number of options to choose from, but each comes at various price points for labor and equipment. Additionally, some companies in Gonzalez are more knowledgeable about local solar incentives and can help you make good use of 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 help you save 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 | $25,758 | 7.5 years |
| 8 kW | $2.58 | $14,451 | $34,628 | 7.4 years |
| 10 kW | $2.53 | $17,710 | $43,639 | 7.2 years |
| 12 kW | $2.48 | $20,827 | $52,792 | 7.1 years |
| 14 kW | $2.43 | $23,802 | $62,087 | 6.9 years |
| 16 kW | $2.38 | $26,636 | $71,523 | 6.8 years |
| 18 kW | $2.33 | $29,328 | $81,101 | 6.6 years |
| 20 kW | $2.28 | $31,878 | $90,820 | 6.5 years |
How to Save on Solar Panels
There are many companies available in Gonzalez, 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: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you choose.
- Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Contract: Before you sign a contract with a solar company, make sure you look it over fully so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
- Installation Process: An important thing to understand when adopting solar energy is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should acquire and what the project timeline is.
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 Gonzalez, FL Solar Cost FAQs
How much does it cost to install solar panels in Gonzalez?
The average cost of solar panels in Gonzalez is about $12,650 for a 5-kW system and $25,300 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.
Are solar panels free in Gonzalez?
Solar panels aren't free in Gonzalez, 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.
Do solar panels increase how much your home is worth?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Gonzalez is currently $153,955, so you can expect a value of about $6,312 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Gonzalez is a fruitful investment.
How long do solar panels last in Gonzalez?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases 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.