Solar Panel Cost Guide in Middleburg, FL (2024 Update)
- Middleburg Solar Installation Cost: $12,787
- 25-Year Savings: $19,593
- Payback Period: 10.8 Years
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Average Cost of Solar Panels in Middleburg
Find out what the average cost of installing solar panels is in Middleburg.
In Middleburg, solar panels cost about 3 per watt on average.Because a 5.7-kW system is needed to cover the energy needs of a typical home in Middleburg, the average price of going solar will be about $12,787 after claiming the federal solar tax credit of 0.
Keep in mind that the figures above are only estimates based on the average energy use of Middleburg homeowners. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.With typical savings of about $20,000 on electricity bills over 20 years, many homeowners in Middleburg find going solar can pay off big.
To calculate your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Middleburg
| Year | Return on Investment |
|---|---|
| 1 years | $-11,345 |
| 3 years | $-8,462 |
| 5 years | $-5,579 |
| 7 years | $-2,696 |
| 9 years | $187 |
| 11 years | $3,070 |
| 13 years | $5,953 |
| 15 years | $8,837 |
| 17 years | $11,720 |
| 19 years | $14,603 |
| 21 years | $17,486 |
| 23 years | $20,369 |
| 25 years | $23,252 |
Top Solar Installers in Middleburg
When making the switch to solar, many homeowners prefer to hire a solar installer since DIY solar panel installation can be a time-consuming project. Plus, warranties and repairs from your solar panel installer can protect your investment and reduce the cost of maintenance over the lifespan of your panels.
You can work with a local solar installer to get a free quote on the cost of solar panels for your home. Here are some near you:
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 Middleburg
Factors that Affect Solar Panel Costs in Middleburg
Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few primary factors that affect your total cost in Middleburg: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
The size of the solar panel system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by around $3,210. Some solar brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Middleburg, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a big investment. That’s why many Middleburg homeowners decide to finance their solar panel systems to offset upfront costs.You’ll have to consider the long-term cost of financing options, including the total interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Middleburg is the company you get to install your solar panel system. Similar to choosing a company to install new cabinets, for instance, you’ll have no shortage of solar installers that offer a range of services for different budgets.Additionally, some companies in Middleburg are more knowledgeable about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, 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 | $17,263 | 11.2 years |
| 8 kW | $3.27 | $18,336 | $23,377 | 11.0 years |
| 10 kW | $3.21 | $22,470 | $29,670 | 10.8 years |
| 12 kW | $3.15 | $26,425 | $36,144 | 10.6 years |
| 14 kW | $3.08 | $30,200 | $42,797 | 10.3 years |
| 16 kW | $3.02 | $33,795 | $49,630 | 10.1 years |
| 18 kW | $2.95 | $37,210 | $56,642 | 9.9 years |
| 20 kW | $2.89 | $40,446 | $63,835 | 9.7 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 picking a company can be a challenge, we have some tips to help you, such as:
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like the EcoWatch team.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project timeline.
- Contract: Before you sign a contract with a solar company, make sure you read it through fully so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Solar Panel Brands: Different companies have various brands and kinds of panels. If you prefer a specific brand, make sure the solar installer you’re considering has it.
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 Middleburg, FL Solar Cost FAQs
How much does it cost to install solar panels in Middleburg?
The average cost of solar panels in Middleburg 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 type of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Middleburg?
A solar panel system isn’t free in Middleburg, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
How will solar panels impact my property value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Middleburg is currently $332,694, so you could be looking at a value of about $13,640 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Middleburg is a rewarding investment.
How long do solar panels last in Middleburg?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can decide to replace them once you've had 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.