Solar Panel Cost Guide in Hudson, FL (2024 Update)
- Hudson Solar Installation Cost: $12,515
- 25-Year Savings: $23,456
- Payback Period: 9.4 Years
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Average Cost of Solar Panels in Hudson
Let’s take a look at the average cost of solar in Hudson.
While the national average of solar panels is $2.66 per watt, solar panels in Hudson generally cost about 3.To account for the typical energy needs of the average home in Hudson, most homeowners require a 5.6-kilowatt system. Using the figure above, a solar installation costs around $12,515, or $17,896 before the federal solar tax credit of 0 is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Hudson homeowners. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.For most homeowners, the upfront cost of solar power is worth paying. On average homeowners in Hudson see about $24,000 in savings on utility bills over 20 years.
You can click the button below to get connected with a top solar company in Hudson for a quote for your home.
Solar savings over time in Hudson
Year | Return on Investment |
---|---|
1 years | $-10,740 |
3 years | $-7,191 |
5 years | $-3,641 |
7 years | $-92 |
9 years | $3,458 |
11 years | $7,007 |
13 years | $10,557 |
15 years | $14,107 |
17 years | $17,656 |
19 years | $21,206 |
21 years | $24,755 |
23 years | $28,305 |
25 years | $31,854 |
Top Solar Installers in Hudson
Many homeowners decide to use a solar panel company since installing solar panels yourself can be challenging. Companies can also provide access to various kinds of the best solar panels and help you pick which one will be right for your family.
If you're looking for a solar installer in Hudson, the EcoWatch team has compiled a list of our top suggestions here:
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 Hudson
Factors that Affect Solar Panel Costs in Hudson
For many Hudson homeowners, the decision to install solar panels depends on cost. However, the range of solar installation costs can be quite wide in Hudson, with typical prices between $20,000 to $40,000. There are various factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar panel system you need, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $3,210. The brand and kind of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are available from most installers in Hudson, which can lower, or in some cases completely eliminate, your upfront costs to make solar more affordable.While solar loans make switching to solar energy more accessible for Hudson homeowners, they can also raise the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar panel installation company you choose will influence your total cost to make the switch to solar power. Different companies will charge different amounts for the equipment and labor.You may see national solar installers that have lower prices because of their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials 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 | $21,873 | 9.8 years |
8 kW | $3.27 | $18,336 | $29,523 | 9.6 years |
10 kW | $3.21 | $22,470 | $37,353 | 9.4 years |
12 kW | $3.15 | $26,425 | $45,363 | 9.2 years |
14 kW | $3.08 | $30,200 | $53,553 | 9.0 years |
16 kW | $3.02 | $33,795 | $61,922 | 8.8 years |
18 kW | $2.95 | $37,210 | $70,471 | 8.6 years |
20 kW | $2.89 | $40,446 | $79,200 | 8.5 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Warranty: Many companies offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Although reading through a contract can take a lot of time, it’s important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you opt for.
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 Hudson, FL Solar Cost FAQs
What is the average cost of installing solar panels in Hudson?
This is a hard question to answer precisely, because the cost depends on many factors. Broadly 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 other solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Is it better to lease or buy solar panels in Hudson?
Leasing solar panels can be an appealing choice, as it typically comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better option if you want to get the most savings.
Can you sell solar power back to the grid in Hudson?
Most states offer net metering programs of some kind. Through these, you can either be compensated for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy needs 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 install between 20 and 35 panels to cover 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.