Solar Panel Cost Guide in New Smyrna Beach, FL (Feb 2023)
- New Smyrna Beach Solar Installation Cost: $9,687
- 25-Year Savings: $18,685
- Payback Period: 8.5 Years
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Top Solar Installers in New Smyrna Beach
When going solar, many homeowners prefer to use a solar installer since installing a solar system yourself can be a difficult project. Plus, if you're not certain what type of solar panels and equipment you may need, a solar installer can help you figure that out after a site survey and consultation.
If you'd like to make the switch to solar but still aren't certain which solar system installer to go with, here are our recommendations for providers near you:
See all of the solar companies in New Smyrna Beach
Factors that Affect Solar Panel Costs in New Smyrna Beach
The cost of installing a solar system in New Smyrna Beach can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. That's why it's important to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like New Smyrna Beach, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in New Smyrna Beach offer solar loans, which reduce the initial cost of installing solar. When estimating your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in New Smyrna Beach is the company you get to install your solar panel system. Similar to choosing a company to install new cabinets, for example, you'll have many options for solar installers that offer a range of services for different budgets. Additionally, some companies in New Smyrna Beach have more knowledge about local solar incentives and can help you take advantage 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||$2.63||$11,051||$20,053||8.9 years|
|8 kW||$2.58||$14,451||$27,021||8.7 years|
|10 kW||$2.53||$17,710||$34,130||8.5 years|
|12 kW||$2.48||$20,827||$41,381||8.4 years|
|14 kW||$2.43||$23,802||$48,774||8.2 years|
|16 kW||$2.38||$26,636||$56,308||8.0 years|
|18 kW||$2.33||$29,328||$63,984||7.9 years|
|20 kW||$2.28||$31,878||$71,802||7.7 years|
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Installation Process: When going solar, it's crucial to maintain an open line of communication with your solar company. Confirm that you understand how the installation process will go and the completion timeline.
- Contract: Before you sign a contract with a solar company, make sure to read it through carefully so you understand the terms. Also, ask questions if you're not certain about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years likely offer quality solar panel installation and expertise.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you opt for.
EcoWatch's New Smyrna Beach, FL Solar Cost FAQs
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.