Solar Panel Cost Guide in June Park, FL (2023 Update)
- June Park Solar Installation Cost: $8,926
- 25-Year Savings: $21,777
- Payback Period: 7.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in June Park
Find out how much it might cost to install solar panels 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 2.53 per watt. The average solar panel system size in June Park is around 5.0 kilowatts, meaning a cost of about $8,926 for a solar installation, or $12,764 before the 30% federal solar tax credit is applied.
How much you pay can go above or below the average in June Park depending on several factors, such as the kind of solar panels you choose and the solar contractor you hire. For many homeowners, the upfront cost of solar is worth paying. On average homeowners in June Park see about $23,000 in savings on energy bills over 20 years.
To receive a free quote from a pre-vetted solar installer in June Park, you can click the button below.
Solar savings over time in June Park
| Year | Return on Investment |
|---|---|
| 1 years | $-7,698 |
| 3 years | $-5,241 |
| 5 years | $-2,785 |
| 7 years | $-329 |
| 9 years | $2,127 |
| 11 years | $4,583 |
| 13 years | $7,040 |
| 15 years | $9,496 |
| 17 years | $11,952 |
| 19 years | $14,408 |
| 21 years | $16,865 |
| 23 years | $19,321 |
| 25 years | $21,777 |
Top Solar Installers in June Park
Although you can install solar panels on your own, it involves extra labor and expertise. That's why the majority of homeowners choose to go with a solar panel installer. Plus, if you're not certain what brand of solar panels and equipment you need, a solar installer can help you find the right equipment for you after a site survey and consultation.
If you're searching for a solar company in June Park, we've put together 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
See all of the solar companies in June Park
Factors that Affect Solar Panel Costs in June Park
There are a number of factors 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 panels.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. That's why it's important to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use. The model of solar panels and equipment you get is another factor that will significantly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment is more than just the solar panels themselves. You'll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that falls within your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in June Park to be prohibitively steep, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also result in higher prices over time because of interest. It's a good idea to factor 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 back the loan.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in June Park is the company you get to install your solar system. As with choosing a company to build a deck or pool, for example, there's no shortage of solar installers that offer a range of services at different price points. The company's size sometimes plays the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices because they have greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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 | $25,512 | 7.6 years |
| 8 kW | $2.58 | $14,451 | $34,299 | 7.4 years |
| 10 kW | $2.53 | $17,710 | $43,228 | 7.3 years |
| 12 kW | $2.48 | $20,827 | $52,299 | 7.1 years |
| 14 kW | $2.43 | $23,802 | $61,511 | 7.0 years |
| 16 kW | $2.38 | $26,636 | $70,865 | 6.8 years |
| 18 kW | $2.33 | $29,328 | $80,361 | 6.7 years |
| 20 kW | $2.28 | $31,878 | $89,998 | 6.5 years |
How to Save on Solar Panels
The solar installer you opt for will impact not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should take into account, including:
- Warranty: If you're concerned about the durability of your solar system, making sure your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
- Contract: It's important to read your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose plays a role in 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
EcoWatch's June Park, FL Solar Cost FAQs
How much does it cost to install solar panels in June Park?
The average cost of solar panels in June Park is about $12,650 for a 5-kW system and $25,300 for a 10-kW system before the ITC, but the real cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider apart from cost when buying solar panels?
The upfront cost is a very important factor to consider, but whether it's the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
How will solar panels impact my property value?
Solar panels can increase the value of your home remarkably as long as you buy or finance your panels and don't go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.