Solar Panel Cost Guide in LaBelle, FL (2024 Update)
- LaBelle Solar Installation Cost: $12,265
- 25-Year Savings: $22,256
- Payback Period: 9.6 Years
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Average Cost of Solar Panels in LaBelle
Let’s have a look at the average cost of solar in LaBelle.
The average cost of a solar panel system in LaBelle is 3 per watt.The average solar panel system size in LaBelle is around 5.5 kilowatts, meaning a cost of about $12,265 for a solar installation, or $17,539 before the 0 federal solar tax credit is applied.
These figures are just estimates, and the cost of going solar for you may look different based on your specific situation and what company you want to go with.For most homeowners, the upfront investment in solar power is worth paying. On average homeowners in LaBelle see about $22,000 in savings on energy bills over 20 years.
For a personalized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in LaBelle
| Year | Return on Investment |
|---|---|
| 1 years | $-10,891 |
| 3 years | $-8,143 |
| 5 years | $-5,395 |
| 7 years | $-2,647 |
| 9 years | $101 |
| 11 years | $2,849 |
| 13 years | $5,597 |
| 15 years | $8,344 |
| 17 years | $11,092 |
| 19 years | $13,840 |
| 21 years | $16,588 |
| 23 years | $19,336 |
| 25 years | $22,084 |
Top Solar Installers in LaBelle
Installing solar panels on your own can be a stressful undertaking, which is why using a solar installer is a good option for many homeowners. Companies can also offer access to various kinds of the best solar panels and help you decide which one will be best for your family.
There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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 LaBelle
Factors that Affect Solar Panel Costs in LaBelle
The cost of installing a solar system in LaBelle can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is the size of the system you need, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production require better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,210.There are a lot of different solar panel brands and the one you pick also changes the cost. In general, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you choose can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Many homeowners find the average cost of solar in LaBelle to be prohibitively steep, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides financing options. Solar loans drastically decrease upfront costs in most cases, but they also result in higher prices over time because of interest.When estimating your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar installer you choose to handle your switch to clean energy can play a part in your total costs. There are about 3 solar panel companies operating throughout LaBelle, and each can charge different amounts for labor and equipment.Additionally, some companies in LaBelle have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $21,068 | 10.0 years |
| 8 kW | $3.27 | $18,336 | $28,450 | 9.8 years |
| 10 kW | $3.21 | $22,470 | $36,012 | 9.6 years |
| 12 kW | $3.15 | $26,425 | $43,754 | 9.4 years |
| 14 kW | $3.08 | $30,200 | $51,675 | 9.2 years |
| 16 kW | $3.02 | $33,795 | $59,777 | 9.0 years |
| 18 kW | $2.95 | $37,210 | $68,058 | 8.8 years |
| 20 kW | $2.89 | $40,446 | $76,518 | 8.6 years |
How to Save on Solar Panels
The solar installer you opt for will affect not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should consider, such as:
- Reputation: Your solar installer should have a sound 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 certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should secure and how long the project will take.
- Solar Panel Brands: The model of solar panel you’d like plays a role in which installer you should choose, since different companies offer different panels.
- Contract: Review the contract terms closely to make sure you understand the overall cost, completion timeline incentives and warranties.
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 LaBelle, FL Solar Cost FAQs
How much does it cost to install solar panels in LaBelle?
The average cost of solar panels in LaBelle is about $16,050 for a 5-kW system and $32,100 for a 10-kW system before the ITC, but the actual cost will depend on things like the model of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in LaBelle?
Leasing solar panels can be an appealing choice, because it usually comes with low or $0 upfront payments. The drawback 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.
Does LaBelle have a net metering program?
The majority of states offer net metering programs of some kind. Through these, you can get paid for the extra power your system produces or or receive credits to put toward future energy 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?
To figure out how many solar panels you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household 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.