Solar Panel Cost Guide in Nassau Village-Ratliff, FL (2024 Update)

  • Nassau Village-Ratliff Solar Installation Cost: $12,658
  • 25-Year Savings: $20,498
  • Payback Period: 10.4 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Nassau Village-Ratliff

Let’s have a look at the average cost of solar in Nassau Village-Ratliff.

The average cost of a solar system in Nassau Village-Ratliff is 3 per watt.The average Nassau Village-Ratliff homeowner needs a 5.6-kilowatt system, which would cost about $12,658 with the federal tax credit, or $18,101 before the 0 tax credit is applied.

These figures are only averages, and how much solar costs for you will most likely differ based on factors unique to your home and what company you want to go with.Despite the high initial cost, the average Nassau Village-Ratliff homeowner can save about $21,000 on their electricity bills over 20 years, which is one of the perks of solar.

For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.

Solar savings over time in Nassau Village-Ratliff

Year Return on Investment
1 years $-11,285
3 years $-8,538
5 years $-5,790
7 years $-3,043
9 years $-296
11 years $2,451
13 years $5,199
15 years $7,946
17 years $10,693
19 years $13,440
21 years $16,188
23 years $18,935
25 years $21,682

Top Solar Installers in Nassau Village-Ratliff

When going solar, many homeowners decide to go with a solar company since handling can be a difficult project. Some solar companies, particularly local ones, can help you make the most of incentives in Nassau Village-Ratliff, therefore optimizing your ROI.

Working with a vetted solar installer can help your solar project go smoothly. Here are our recommendations:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • 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 Nassau Village-Ratliff

Factors that Affect Solar Panel Costs in Nassau Village-Ratliff

Though the average cost of a solar system in Nassau Village-Ratliff is $12,658, your final cost may be higher or lower than that. 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 crucial things to take into consideration.

Solar Equipment

The size of the solar panel system you need for your home, 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. The brand and kind of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also increase the cost.

Solar Financing Terms

Most solar installers in Nassau Village-Ratliff provide solar loans, which reduce the initial cost of installing solar panels.However, the interest on solar loans also adds to your all-in costs, so it’s crucial 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 remaining key cost factor you should keep in mind is the installer you choose. Given the massive popularity of sustainable energy solutions in Nassau Village-Ratliff, you’ll have a great number of options to choose from, but each comes at varying price points for labor and equipment.Additionally, some companies in Nassau Village-Ratliff know more about local solar incentives and can help you learn about 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 $18,436 10.8 years
8 kW $3.27 $18,336 $24,941 10.6 years
10 kW $3.21 $22,470 $31,626 10.4 years
12 kW $3.15 $26,425 $38,491 10.2 years
14 kW $3.08 $30,200 $45,535 10.0 years
16 kW $3.02 $33,795 $52,759 9.8 years
18 kW $2.95 $37,210 $60,163 9.6 years
20 kW $2.89 $40,446 $67,746 9.3 years

How to Save on Solar Panels

The solar company you opt for will affect 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 some important things you should keep in mind, such as:

  • Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and energy efficiency. They will come at different price points as well. The company you choose affects which solar panel brands you have access to.
  • Reputation: Well-established companies likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
  • Warranty: A comprehensive, 25-year warranty can help keep your solar panels running for a long time and save you money on part replacement and repairs.
  • Contract: Read the contract terms carefully to make sure you understand the overall cost, project completion timeline incentives and warranties.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

EcoWatch's Nassau Village-Ratliff, FL Solar Cost FAQs

What is the average cost of installing solar panels in Nassau Village-Ratliff?

This is a hard question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $16,050 for a 5-kW system and $32,100 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you want a smaller solar panel system or less expensive solar panels.

Is cost the most important thing to keep in mind when buying solar panels?

Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.

Can you sell solar power back to the grid in Nassau Village-Ratliff?

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 give you credit toward your future electricity bills.

What solar power system size is right for my home?

To figure out how many solar panels you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average household 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.

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