Solar Panel Cost Guide in Mascotte, FL (2024 Update)
- Mascotte Solar Installation Cost: $12,571
- 25-Year Savings: $22,367
- Payback Period: 9.7 Years
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Average Cost of Solar Panels in Mascotte
Find out what the average cost of solar panel installation is in Mascotte.
The average cost of solar panels in Mascotte is 3 per watt.To account for the typical energy usage of the average home in Mascotte, most homeowners require a 5.6-kilowatt system. Using the per-watt figure above, a solar installation costs around $12,571, or $17,977 before the federal solar tax credit of 0 is applied.
The true cost of your system can be above or below the average in Mascotte based on a variety of factors, such as the kind of solar panels you choose and the solar contractor you hire.Despite the high initial cost, the average Mascotte homeowner can save about $23,000 on their energy bills over 20 years, which is one of the advantages of solar.
For a customized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Mascotte
| Year | Return on Investment |
|---|---|
| 1 years | $-10,797 |
| 3 years | $-7,247 |
| 5 years | $-3,697 |
| 7 years | $-148 |
| 9 years | $3,402 |
| 11 years | $6,951 |
| 13 years | $10,501 |
| 15 years | $14,050 |
| 17 years | $17,600 |
| 19 years | $21,150 |
| 21 years | $24,699 |
| 23 years | $28,249 |
| 25 years | $31,798 |
Top Solar Installers in Mascotte
Although you can install solar panels by yourself, it takes extra labor and knowledge. That's why most people choose to hire a solar panel installer. Plus, if you aren’t sure what brand of solar panels and equipment you want, a solar expert can help you find the right equipment for you after a site survey and consultation.
If you're on the hunt for a solar company in Mascotte, the EcoWatch team has organized 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
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 Mascotte
Factors that Affect Solar Panel Costs in Mascotte
For many Mascotte homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Mascotte, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power production use 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.The solar equipment you choose can increase or decrease your cost 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 over time on your energy bills. In addition, extra products, like solar batteries, can bring your total well above the Mascotte average.
Solar Financing Terms
Most solar companies in Mascotte have solar loans, which reduce your upfront costs of installing solar.However, the interest on solar loans also increases your total costs, so it’s vital to take that into consideration as well. You can always lower the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you choose will play a role in your total cost to make the switch to solar energy. Different companies will bill different amounts for the equipment and labor.You may see national solar installers that have lower prices because of their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $20,591 | 10.1 years |
| 8 kW | $3.27 | $18,336 | $27,815 | 9.9 years |
| 10 kW | $3.21 | $22,470 | $35,218 | 9.7 years |
| 12 kW | $3.15 | $26,425 | $42,801 | 9.5 years |
| 14 kW | $3.08 | $30,200 | $50,563 | 9.3 years |
| 16 kW | $3.02 | $33,795 | $58,506 | 9.2 years |
| 18 kW | $2.95 | $37,210 | $66,628 | 9.0 years |
| 20 kW | $2.89 | $40,446 | $74,930 | 8.8 years |
How to Save on Solar Panels
The solar panel company you choose will impact not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are several important things you should take into account, including:
- Contract: Though reading through a contract can take a lot of time, 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.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, including when the site survey will be completed and how long it will take.
- Solar Panel Brands: Different companies will offer different brands and models of panels. If you prefer a specific brand, make sure the solar company you’re considering has it.
- Warranty: If you’re worried about the endurance of your solar system, making sure your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
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 Mascotte, FL Solar Cost FAQs
What is the average cost of installing solar panels in Mascotte?
This is a tough question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $16,050 for a 5-kW system and $32,100 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Should I lease or buy solar panels in Mascotte?
Leasing solar panels can be an option if you can’t pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your home value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Do solar panels increase your property value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Mascotte is currently $323,351, which means you can expect a value of about $13,257 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Mascotte is a rewarding investment.
How often do you have to replace solar panels?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can replace them after having them for that long or you can keep using them at a lower efficiency.
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.