Solar Panel Cost Guide in Macclenny, FL (2024 Update)
- Macclenny Solar Installation Cost: $12,971
- 25-Year Savings: $20,619
- Payback Period: 10.5 Years
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Average Cost of Solar Panels in Macclenny
We break down average solar pricing in Macclenny.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Macclenny, the typical cost of solar panels is 3 per watt.To cover the typical energy usage of the average home in Macclenny, most homeowners require a 5.8-kilowatt system. Using the per-watt figure above, a solar installation costs around $12,971, or $18,549 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The exact cost of making the switch to solar can vary based on a few factors, such as how many panels you need, your energy consumption and what solar installer you go with.With average savings of about $20,000 on utility bills over 20 years, many homeowners in Macclenny find investing in solar can be quite rewarding.
To calculate your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Macclenny
| Year | Return on Investment |
|---|---|
| 1 years | $-11,598 |
| 3 years | $-8,850 |
| 5 years | $-6,103 |
| 7 years | $-3,356 |
| 9 years | $-609 |
| 11 years | $2,138 |
| 13 years | $4,886 |
| 15 years | $7,633 |
| 17 years | $10,380 |
| 19 years | $13,127 |
| 21 years | $15,875 |
| 23 years | $18,622 |
| 25 years | $21,369 |
Top Solar Installers in Macclenny
Although it's possible to install solar panels on your own, it takes extra labor and expertise. Because of that, most homeowners choose to hire a solar panel installer. A solar installer can also help save you money in the long run by offering warranties, repairs and system component replacements.
There are a number of licensed solar professionals that can help you install your solar system. 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 Macclenny
Factors that Affect Solar Panel Costs in Macclenny
Although the average cost of a solar system in Macclenny is $12,971, your actual cost may differ. There are several factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
When it comes to estimating the price of a solar panel system in Macclenny, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home’s energy usage, which you can figure out by looking at past energy bills. Your total cost can increase by about $3,210 for each additional kilowatt you need.The solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more in the long run on your power bills. Additionally, extra products, like solar batteries, can bump up your total well above the Macclenny average.
Solar Financing Terms
Many homeowners find the average cost of solar in Macclenny to be prohibitively steep, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides access to financing options. Solar loans remarkably decrease upfront costs in most cases, but they also result in higher prices over time due to 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 more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar company you pick will affect your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.Larger national companies typically have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional 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 | $18,035 | 10.9 years |
| 8 kW | $3.27 | $18,336 | $24,407 | 10.7 years |
| 10 kW | $3.21 | $22,470 | $30,958 | 10.5 years |
| 12 kW | $3.15 | $26,425 | $37,689 | 10.3 years |
| 14 kW | $3.08 | $30,200 | $44,599 | 10.1 years |
| 16 kW | $3.02 | $33,795 | $51,690 | 9.9 years |
| 18 kW | $2.95 | $37,210 | $58,960 | 9.7 years |
| 20 kW | $2.89 | $40,446 | $66,410 | 9.5 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be a tough decision, we have some tips to help you, such as:
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and energy efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years in most cases offer quality solar panel installation and expertise.
- Contract: Even though reading through a contract can be tedious, it’s important to do it fully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
- Installation Process: Make sure you’re on the same page with the company regarding how the installation process will go and what needs to be done before your solar panel system is installed, such as updating your electrical system or roof.
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 Macclenny, FL Solar Cost FAQs
What is the average cost of installing solar panels in Macclenny?
The average cost of solar panels in Macclenny 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 kind of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to consider when buying solar panels?
The initial cost is a crucial factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Can solar panels completely eradicate my electricity bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Macclenny, 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.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy usage and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to account for their typical energy usage.
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.