Solar Panel Cost Guide in Maitland, FL (Mar 2023)
- Maitland Solar Installation Cost: $9,687
- 25-Year Savings: $20,889
- Payback Period: 7.9 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated March 14, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Maitland
Find out what the average cost of solar panel installation is in Maitland.
While the national average of solar panels is $2.66 per watt, solar panels in Maitland typically cost about 2.53. Because a 5.5-kW system is needed to cover the energy consumption of a typical home in Maitland, the average price of going solar will be about $9,687 after claiming the federal solar tax credit of 30%.
These figures are just estimates, and your own solar costs will most likely differ based on the amount of energy your home requires and what company you choose to go with. Many homeowners find adopting solar power is a solid investment. The average homeowner in Maitland can save about $21,000 on their energy bills over 20 years.
To see your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Maitland
| Year | Return on Investment |
|---|---|
| 1 years | $-8,464 |
| 3 years | $-6,018 |
| 5 years | $-3,572 |
| 7 years | $-1,126 |
| 9 years | $1,320 |
| 11 years | $3,766 |
| 13 years | $6,212 |
| 15 years | $8,658 |
| 17 years | $11,104 |
| 19 years | $13,551 |
| 21 years | $15,997 |
| 23 years | $18,443 |
| 25 years | $20,889 |
Top Solar Installers in Maitland
When switching to solar energy, many homeowners opt to hire a solar company since overseeing your solar installation yourself can be a challenging project. Also, if you'd like to maximize your investment in solar, opting for a solar company can help with that as well. Different providers can offer repairs, expertise on solar panel installation and sometimes even information on local incentives, rebates and net metering programs.
Working with a licensed solar installer can help you make the most of your investment in solar. Here are our recommendations:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Maitland
Factors that Affect Solar Panel Costs in Maitland
There are a number of criteria that can affect your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
The size of the solar panel system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $2,530. There are several different solar panel brands and the one you choose also affects the cost. Usually, the brands that have better efficiency tend to also cost more. In addition, 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
For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are available from most installers in Maitland, which can bring down, or in some cases eliminate, your upfront costs to make solar more accessible. Although solar loans make switching to solar energy more accessible for Maitland homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
Finally, the company you choose to install your solar panels can impact the cost. Maitland's solar companies all have different labor costs and add varying upcharges to equipment. Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and go with the company that has the products, warranties and services you're looking for and also fits within your budget.
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 | $22,460 | 8.2 years |
| 8 kW | $2.58 | $14,451 | $30,231 | 8.1 years |
| 10 kW | $2.53 | $17,710 | $38,142 | 7.9 years |
| 12 kW | $2.48 | $20,827 | $46,196 | 7.8 years |
| 14 kW | $2.43 | $23,802 | $54,391 | 7.6 years |
| 16 kW | $2.38 | $26,636 | $62,728 | 7.5 years |
| 18 kW | $2.33 | $29,328 | $71,207 | 7.3 years |
| 20 kW | $2.28 | $31,878 | $79,827 | 7.1 years |
How to Save on Solar Panels
Since the model of solar panels and the installation company you choose has an impact on your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: Although reading through a contract can be tedious, it's important to do it fully so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Reputation: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. Two 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 satisfied reviews from previous customers.
- Solar Panel Brands: Different companies will have various brands and types of panels. If you prefer a specific brand, make sure the solar panel installer you're considering has it.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panels running smoothly and save you money on part replacement and repairs.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 Maitland, FL Solar Cost FAQs
How much does it cost to install solar panels in Maitland?
This is a hard question to answer precisely, because the cost depends on a variety of factors. Generally speaking, it costs about $12,650 for a 5-kW system and $25,300 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or more efficient panels, or if you have above-average energy consumption. On the other hand, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Maitland?
Solar panels aren't free in Maitland, 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 you can take advantage of.
Do solar panels increase how much your home is worth?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Maitland is currently $297,636, so you could be looking at a value of about $12,203 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Maitland is a worthwhile investment.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the amount of 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 get 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.