Solar Panel Cost Guide in Jacksonville Beach, FL (2024 Update)
- Jacksonville Beach Solar Installation Cost: $12,489
- 25-Year Savings: $20,204
- Payback Period: 10.4 Years
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Average Cost of Solar Panels in Jacksonville Beach
Here’s how much it might cost to install solar panels in Jacksonville Beach.
The national average cost of solar panels is $2.66 per watt, but in Jacksonville Beach it’s 3 per watt.To account for the typical energy needs of the average home in Jacksonville Beach, most homeowners require a 5.6-kilowatt system. Using the figure above, a solar installation costs about $12,489, or $17,859 before the federal solar tax credit of 0 is applied.
The actual price you pay can be above or below the average in Jacksonville Beach depending on several factors, such as the brand of solar panels you choose and the solar company you hire.Many homeowners find installing a solar panel system is a sound investment. The average homeowner in Jacksonville Beach can save around $21,000 on their power bills over 20 years.
Click the button below to get connected to a vetted solar company in your area for a personalized quote.
Solar savings over time in Jacksonville Beach
| Year | Return on Investment |
|---|---|
| 1 years | $-11,096 |
| 3 years | $-8,309 |
| 5 years | $-5,522 |
| 7 years | $-2,736 |
| 9 years | $51 |
| 11 years | $2,838 |
| 13 years | $5,625 |
| 15 years | $8,411 |
| 17 years | $11,198 |
| 19 years | $13,985 |
| 21 years | $16,772 |
| 23 years | $19,558 |
| 25 years | $22,345 |
Top Solar Installers in Jacksonville Beach
Trying to install solar panels by yourself can be a time-consuming undertaking, which is why using a solar installer is a good option for many homeowners. The payback period on an investment in solar panels will vary based on factors like your location and energy consumption, but going with a solar company can shorten that period. Your provider will be able to help you apply for incentives available in your area.
If you’d like to start using solar energy but still aren’t sure which solar installer to go with, here are our suggestions for providers near you:
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 Jacksonville Beach
Factors that Affect Solar Panel Costs in Jacksonville Beach
Cost is typically one of the most important factors for homeowners wanting to invest in solar. There are a few primary factors that affect your total cost in Jacksonville Beach: solar equipment and system size, financing options and the solar installation company you choose. We’ll go over each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. Because of that, it’s crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Jacksonville Beach, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system out of pocket is too expensive, solar loans are a solid option because they cut back your upfront costs and allow you to pay for your system over five to seven years on average.However, the interest on solar loans also adds to your all-in costs, so it’s vital to consider that as well. You can always reduce the total you pay in interest and sometimes even your APR by putting more money down.
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 Jacksonville Beach, you’ll have a great number of options to choose from, but each comes at various price points for labor and equipment.You may come across 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 | $18,414 | 10.8 years |
| 8 kW | $3.27 | $18,336 | $24,912 | 10.6 years |
| 10 kW | $3.21 | $22,470 | $31,589 | 10.4 years |
| 12 kW | $3.15 | $26,425 | $38,446 | 10.2 years |
| 14 kW | $3.08 | $30,200 | $45,483 | 10.0 years |
| 16 kW | $3.02 | $33,795 | $52,700 | 9.8 years |
| 18 kW | $2.95 | $37,210 | $60,096 | 9.6 years |
| 20 kW | $2.89 | $40,446 | $67,672 | 9.4 years |
How to Save on Solar Panels
Since the type of solar panels and the installation company you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: Though reading through a contract can take a lot of time, it’s important to do it thoroughly so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- Warranty: Warranties that cover panel repairs and maintenance over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one sign of a quality company.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you go with.
- Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like the EcoWatch team.
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 Jacksonville Beach, FL Solar Cost FAQs
How much does it cost to install solar panels in Jacksonville Beach?
This is a hard question to answer exactly, because the cost depends on a few different 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. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you want a smaller solar panel system or less efficient solar panels.
Is cost the most important consideration when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How will installing solar panels impact my property value?
Solar panels can increase the value of your home considerably as long as you buy or finance your panels and don’t opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
What solar power system size is right for 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 generally produce about 250 to 400 watt-hours per hour, the average house 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.