Solar Panel Cost Guide in Oakleaf Plantation, FL (2024 Update)
- Oakleaf Plantation Solar Installation Cost: $12,787
- 25-Year Savings: $19,740
- Payback Period: 10.7 Years
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Average Cost of Solar Panels in Oakleaf Plantation
We break down average solar pricing in Oakleaf Plantation.
The average cost of a solar system in Oakleaf Plantation is 3 per watt.The average Oakleaf Plantation homeowner needs a 5.7-kilowatt system, which would cost about $12,787 with the federal tax credit, or $18,285 before the 0 tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The true cost of making the switch to solar can vary quite a bit based on a few factors, such as how many panels you need, your energy usage and what company you go with.For most homeowners, the upfront cost of solar power is worth paying. On average homeowners in Oakleaf Plantation see about $20,000 in savings on electricity bills over 20 years.
Click the button below to get connected to a top solar company in your area for a personalized estimate.
Solar savings over time in Oakleaf Plantation
| Year | Return on Investment |
|---|---|
| 1 years | $-11,323 |
| 3 years | $-8,394 |
| 5 years | $-5,466 |
| 7 years | $-2,537 |
| 9 years | $391 |
| 11 years | $3,319 |
| 13 years | $6,248 |
| 15 years | $9,176 |
| 17 years | $12,105 |
| 19 years | $15,033 |
| 21 years | $17,961 |
| 23 years | $20,890 |
| 25 years | $23,818 |
Top Solar Installers in Oakleaf Plantation
Many homeowners choose to hire a solar panel company since trying to install solar panels by yourself can be a labor-intensive endeavor. Because solar panels are exposed to temperature swings and extreme weather, warranties and repairs from your solar installer can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
Working with a vetted solar company can help your solar project go smoothly. Here are our recommendations:
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 Oakleaf Plantation
Factors that Affect Solar Panel Costs in Oakleaf Plantation
For many Oakleaf Plantation homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Oakleaf Plantation, with typical prices between $20,000 to $40,000. There are numerous factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
The size of the solar system you need to offset your energy usage, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $3,210. There are many different solar panel brands and the one you pick also affects the cost. In many cases, the brands that have better efficiency tend to also cost more. In addition, the type of equipment you’re looking to get can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for a solar system out of pocket is out of reach, solar loans are a popular choice because they decrease your upfront costs and allow you to pay for your system over five to seven years on average.However, the interest on solar loans also increases your total costs, so it’s vital to include that in your estimate as well. You can always lower the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The solar panel installer you pick will influence your total cost to make the switch to solar . Different companies will charge different amounts for the equipment and labor.Larger national companies typically have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric car charger installation, they might be cheaper overall.
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 | $17,417 | 11.1 years |
| 8 kW | $3.27 | $18,336 | $23,583 | 10.9 years |
| 10 kW | $3.21 | $22,470 | $29,928 | 10.7 years |
| 12 kW | $3.15 | $26,425 | $36,453 | 10.5 years |
| 14 kW | $3.08 | $30,200 | $43,157 | 10.3 years |
| 16 kW | $3.02 | $33,795 | $50,042 | 10.1 years |
| 18 kW | $2.95 | $37,210 | $57,106 | 9.9 years |
| 20 kW | $2.89 | $40,446 | $64,350 | 9.6 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, including when the site survey will be done and how long it will take.
- Contract: Before signing a contract with a solar company, make sure you read it through completely so you understand the terms. Also, ask questions if you aren’t sure about some of the terms, such as what to do if a part breaks or malfunctions and what services you can expect from them.
- Solar Panel Brands: Different companies will carry different brands and kinds of panels. If you know you want a specific brand, make sure the solar panel installer you’re considering has it.
- Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
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 Oakleaf Plantation, FL Solar Cost FAQs
How much does it cost to install solar panels in Oakleaf Plantation?
The average cost of solar panels in Oakleaf Plantation 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 such as the model of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider apart from cost when buying solar panels?
Cost is without a doubt one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average house 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.