Solar Panel Cost Guide in Goulds, FL (2024 Update)
- Goulds Solar Installation Cost: $11,968
- 25-Year Savings: $19,726
- Payback Period: 10.3 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Goulds
We break down average solar pricing in Goulds.
The average cost of solar panels in Goulds is 3 per watt.To cover the typical energy needs of the average home in Goulds, most homeowners require a 5.3-kilowatt system. Using the per-watt figure above, a solar installation costs around $11,968, or $17,114 before the federal solar tax credit of 0 is applied.
Keep in mind that the figures above are only estimates based on the average Goulds homeowner. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.With typical savings of about $21,000 on electricity bills over 20 years, many homeowners in Goulds find investing in solar can be quite rewarding.
To receive a free quote from a highly rated solar installer in Goulds, you can click the button below.
Solar savings over time in Goulds
| Year | Return on Investment |
|---|---|
| 1 years | $-10,594 |
| 3 years | $-7,847 |
| 5 years | $-5,100 |
| 7 years | $-2,352 |
| 9 years | $395 |
| 11 years | $3,142 |
| 13 years | $5,889 |
| 15 years | $8,637 |
| 17 years | $11,384 |
| 19 years | $14,131 |
| 21 years | $16,878 |
| 23 years | $19,625 |
| 25 years | $22,373 |
Top Solar Installers in Goulds
Many homeowners opt for a solar installer since trying to install solar panels yourself can be a lot of work. Also, companies with a high reputation that are more expensive upfront could actually save you money in the long term with their warranties, repair services and expert design.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some 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
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 Goulds
Factors that Affect Solar Panel Costs in Goulds
Even though the average cost of a solar system in Goulds is $11,968, your final cost may be above or below the average. 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 take into consideration.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power production need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,210.The brand and kind of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a big investment. That’s why many Goulds homeowners decide to finance their solar panel systems to offset upfront costs.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 off the loan.
Solar Panel Installation Company
The remaining major cost factor you should consider is the installer you choose. Given the massive popularity of renewable energy solutions in Goulds, you’ll have many options to choose from, but each comes at varying price points for labor and equipment.Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and go with the company that offers the products, warranties and services you want and also fits within your budget.
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 | $18,827 | 10.7 years |
| 8 kW | $3.27 | $18,336 | $25,462 | 10.5 years |
| 10 kW | $3.21 | $22,470 | $32,276 | 10.3 years |
| 12 kW | $3.15 | $26,425 | $39,271 | 10.1 years |
| 14 kW | $3.08 | $30,200 | $46,445 | 9.9 years |
| 16 kW | $3.02 | $33,795 | $53,799 | 9.6 years |
| 18 kW | $2.95 | $37,210 | $61,333 | 9.4 years |
| 20 kW | $2.89 | $40,446 | $69,047 | 9.2 years |
How to Save on Solar Panels
There are a lot of companies available in Goulds, 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:
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to get the job done well. Another way you can look into your installer’s reputation is by reading reviews.
- Contract: Review the contract terms closely to make sure you understand the total cost, project timeline rebates and warranties.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose affects which solar panel brands you have access to.
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 Goulds, FL Solar Cost FAQs
How much does it cost to install solar panels in Goulds?
This is a difficult question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $16,050 for a 5-kW system and $32,100 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Goulds?
Solar panels aren’t free in Goulds, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Is it worth going solar in Goulds?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and the amount of direct sunlight your roof gets.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and the amount of sunlight your roof gets. You can take a 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 buy 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.