Solar Panel Cost Guide in June Park, FL (2024 Update)
- June Park Solar Installation Cost: $11,321
- 25-Year Savings: $21,780
- Payback Period: 9.2 Years
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Average Cost of Solar Panels in June Park
We break down average solar pricing in June Park.
Currently, the national average cost of solar panels is $2.66 per watt. However, in June Park, the typical cost of a solar system is 3 per watt.Because a 5.0-kW system is needed to cover the energy costs of a typical home in June Park, the average price of going solar will be about $11,321 after claiming the federal solar tax credit of 0.
These figures are just estimates, and your own solar costs may differ based on your energy needs and what company you want to go with.Many homeowners find going solar is a sound investment. The average homeowner in June Park can save about $23,000 on their electricity bills over 20 years.
For a personalized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in June Park
Year | Return on Investment |
---|---|
1 years | $-9,948 |
3 years | $-7,200 |
5 years | $-4,453 |
7 years | $-1,706 |
9 years | $1,041 |
11 years | $3,789 |
13 years | $6,536 |
15 years | $9,283 |
17 years | $12,030 |
19 years | $14,778 |
21 years | $17,525 |
23 years | $20,272 |
25 years | $23,019 |
Top Solar Installers in June Park
Trying to put up solar panels by yourself can be a stressful task, which is why getting a solar installer is a good option for many homeowners. Another perk of using a solar company is that they can help you maximize your investment by reducing your future costs of repairs and replacements due to warranties and helping you learn about local incentives you can take advantage of.
Working with a vetted solar installer can help your solar project go smoothly. Here are our recommendations:
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 June Park
Factors that Affect Solar Panel Costs in June Park
Cost is usually one of the most important factors for homeowners considering investing in solar. There are a few major factors that determine your overall cost in June Park: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to pay about $3,210 per kilowatt in June Park.There are several different solar panel brands and the one you choose also changes the cost. Usually, the brands that are more efficient tend to also cost more. Additionally, the type of equipment you’re looking to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for solar panels in cash is too expensive, solar loans are a popular choice because they lower your upfront costs and let you pay for your system over five to seven years on average.It’s wise to add 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 last key cost factor you should take into consideration is the installer you choose. Given the massive popularity of renewable energy solutions in June Park, you’ll have plenty of options to choose from, but each comes at varying price points for labor and equipment.Larger national companies generally have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle charger installation, they might be cheaper overall.
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 | $22,541 | 9.6 years |
8 kW | $3.27 | $18,336 | $30,415 | 9.4 years |
10 kW | $3.21 | $22,470 | $38,468 | 9.2 years |
12 kW | $3.15 | $26,425 | $46,701 | 9.0 years |
14 kW | $3.08 | $30,200 | $55,113 | 8.8 years |
16 kW | $3.02 | $33,795 | $63,706 | 8.7 years |
18 kW | $2.95 | $37,210 | $72,478 | 8.5 years |
20 kW | $2.89 | $40,446 | $81,430 | 8.3 years |
How to Save on Solar Panels
The solar company you go with will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should take into account, such as:
- Contract: Though reading through a contract can be tedious, it’s important to do it fully so you can make sure you understand what services your solar company will provide and the terms of the warranty.
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
- Reputation: Your solar installer should have a good reputation as a company and have demonstrated expertise in the field. A couple of ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Warranty: If you care about the endurance of your solar system, making sure your installer offers a 25-year, all-inclusive warranty can help put you at ease.
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 June Park, FL Solar Cost FAQs
What is the average cost of installing solar panels in June Park?
This is a difficult question to answer precisely, because the cost depends on a variety of 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 extra solar equipment or higher quality panels, or if you have above-average energy usage. Conversely, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Are solar panels free in June Park?
Solar panels aren’t free in June Park, 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.
Can solar panels eliminate my energy bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout June Park, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
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 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.