Solar Panel Cost Guide in Heathrow, FL (2023 Update)
- Heathrow Solar Installation Cost: $9,904
- 25-Year Savings: $20,799
- Payback Period: 8.1 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Heathrow
Let's take a look at the average cost of solar in Heathrow.
The national average cost of solar panels is $2.66 per watt, but in Heathrow it's 2.53 per watt. Using this figure, a typical 5.6-kW system would cost about $9,900 before the 30% federal solar tax credit is applied.
The true cost of your system can go higher or lower than the average in Heathrow depending on a variety of factors, such as the kind of solar panels you choose and the solar company you hire. Even with the significant initial cost, the average Heathrow homeowner can save about $21,000 on their power bills over 20 years, which is one of the perks of solar.
For a free quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Heathrow
| Year | Return on Investment |
|---|---|
| 1 years | $-9,802 |
| 3 years | $-9,597 |
| 5 years | $-9,392 |
| 7 years | $-9,187 |
| 9 years | $-8,983 |
| 11 years | $-8,778 |
| 13 years | $-8,573 |
| 15 years | $-8,369 |
| 17 years | $-8,164 |
| 19 years | $-7,959 |
| 21 years | $-7,755 |
| 23 years | $-7,550 |
| 25 years | $-7,345 |
Top Solar Installers in Heathrow
Trying to install solar panels by yourself can be a dangerous undertaking, which is why getting a solar installer is a good option for many homeowners. Local solar installation companies can also help you maximize your return on investment by assisting with any local incentives and by offering warranties and repairs.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some nearby:
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 Heathrow
Factors that Affect Solar Panel Costs in Heathrow
There are many criteria that can influence your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to spend about $2,530 per kilowatt in Heathrow. The model of solar panels and equipment you choose is another factor that will significantly influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Furthermore, solar equipment consists of more than just the solar panels themselves. You'll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking for a solar system that falls within your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Heathrow to be prohibitively steep, even if the investment pays off over time. Thankfully, nearly every solar installer in the area offers financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also result in higher prices over time because of interest. Even though solar loans make going solar more accessible for Heathrow homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar installer you hire to handle your switch to sustainable energy can have an effect on your total costs. There are about 3 solar installation companies in Heathrow, and each can charge different amounts for labor and equipment. The size of the company sometimes plays the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger companies.
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 | $21,890 | 8.4 years |
| 8 kW | $2.58 | $14,451 | $29,471 | 8.2 years |
| 10 kW | $2.53 | $17,710 | $37,192 | 8.1 years |
| 12 kW | $2.48 | $20,827 | $45,056 | 7.9 years |
| 14 kW | $2.43 | $23,802 | $53,061 | 7.7 years |
| 16 kW | $2.38 | $26,636 | $61,208 | 7.6 years |
| 18 kW | $2.33 | $29,328 | $69,497 | 7.4 years |
| 20 kW | $2.28 | $31,878 | $77,927 | 7.3 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since selecting a company can be difficult, we have some tips to help you, such as:
- Solar Panel Brands: Different companies carry various brands and types of panels. If you want a specific brand, make sure the solar panel company you're considering has it.
- Contract: It's important to read your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about your solar system's energy production.
- Reputation: Your solar installer should have a solid 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 certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
- Warranty: Warranties that cover replacement parts and repairs over a couple decades are the gold standard in the business, and offering that kind of warranty is one indication of a good company.
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 Heathrow, FL Solar Cost FAQs
How much does it cost to install solar panels in Heathrow?
This is a hard question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $12,650 for a 5-kW system and $25,300 for a 10-kW system after the ITC is applied. It will cost more if you want extra 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 opt for a smaller solar panel system or less efficient solar panels.
What other factors should I consider other than cost when buying solar panels?
Cost is a very important factor to consider, but whether it's the most important for you depends on why you decided to go solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
How much can I save on electricity bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on where you're located and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,098.05 per year.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.