Solar Panel Cost Guide in Land O' Lakes, FL (2024 Update)
- Land O' Lakes Solar Installation Cost: $12,515
- 25-Year Savings: $21,340
- Payback Period: 10.0 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Land O' Lakes
Find out what the average cost of a solar system is in Land O' Lakes.
The average cost of solar panels in Land O' Lakes is 3 per watt.The average solar panel system size in Land O' Lakes is around 5.6 kilowatts, meaning a cost of about $12,515 for a solar installation, or $17,896 before the 0 federal solar tax credit is applied.
These figures are only estimates, and the cost of going solar for you may differ based on the amount of energy your home requires and what company you go with.With average savings of about $22,000 on utility bills over 20 years, many homeowners in Land O' Lakes find going solar can be quite rewarding.
You can click the button below to get connected with a vetted solar installer in Land O' Lakes that can help you get a more accurate cost estimate for your home.
Solar savings over time in Land O' Lakes
| 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 Land O' Lakes
When making the switch to solar, many homeowners opt to use a solar company since installing a solar system yourself can be a time-consuming project. The payback period on a solar system will vary depending on factors like your location and energy consumption, but working with a solar installer can shorten that period. Your provider will be able to help you apply for incentives available in your area.
If you’d like to make the switch to solar but still aren’t certain which solar company to go with, here are our suggestions for providers in Land O' Lakes:
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 Land O' Lakes
Factors that Affect Solar Panel Costs in Land O' Lakes
Even though the average cost of a solar system in Land O' Lakes is $12,515, your actual cost may be higher or lower than that. There are several factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more important things to take into consideration.
Solar Equipment
The size of the solar panel system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $3,210. There are several different solar panel brands and the one you pick also changes the cost. Usually, the brands that offer higher efficiency tend to also cost more. Additionally, the type of equipment you choose 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 a solar system out of pocket is difficult, solar loans are a popular choice because they cut back your upfront costs and let you pay for your system over a term of, on average, between five and seven years.However, the interest on solar loans also adds to your total costs, so it’s important to include that in your estimate as well. You can always reduce the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you go with to handle your switch to green energy can have an effect on your total costs. There are about 3 solar installation companies in Land O' Lakes, and each can charge different amounts for labor and equipment.Additionally, some companies in Land O' Lakes have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for that service. 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 | $19,593 | 10.4 years |
| 8 kW | $3.27 | $18,336 | $26,484 | 10.2 years |
| 10 kW | $3.21 | $22,470 | $33,554 | 10.0 years |
| 12 kW | $3.15 | $26,425 | $40,804 | 9.8 years |
| 14 kW | $3.08 | $30,200 | $48,234 | 9.6 years |
| 16 kW | $3.02 | $33,795 | $55,844 | 9.4 years |
| 18 kW | $2.95 | $37,210 | $63,633 | 9.2 years |
| 20 kW | $2.89 | $40,446 | $71,602 | 9.0 years |
How to Save on Solar Panels
There are numerous companies to choose from in Land O' Lakes, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project completion timeline.
- Contract: Before signing a contract with a solar installer, make sure to read it through completely so you understand the terms. Also, ask questions if you’re unsure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panel system running for years to come and save you money on repairs and maintenance.
- Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you go with.
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 Land O' Lakes, FL Solar Cost FAQs
What is the average cost of installing solar panels in Land O' Lakes?
The average cost of solar panels in Land O' Lakes is about $16,050 for a 5-kW system and $32,100 for a 10-kW system before the ITC, but the real cost will depend on things like the model of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider aside from cost when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can you sell solar power back to the grid in Land O' Lakes?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future power bills.
How many solar panels do I need to power my home?
To figure out what solar panel system size 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 typically 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.