Solar Panel Cost Guide in Orange City, FL (2024 Update)
- Orange City Solar Installation Cost: $12,298
- 25-Year Savings: $21,096
- Payback Period: 10.0 Years
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Average Cost of Solar Panels in Orange City
We go over average solar pricing in Orange City.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Orange City, the typical cost of a solar system is 3 per watt.Since a 5.5-kW system is needed to cover the energy needs of a typical home in Orange City, the average price of going solar will be about $12,298 after claiming the federal solar tax credit of 0.
How much you pay can be higher or lower than the average in Orange City depending on a few factors, such as the type of solar panels you choose and the solar company you hire.Despite the high upfront cost, the average Orange City homeowner can save around $21,000 on their electricity bills over 20 years, which is one of the advantages of solar.
To get a free estimate from a highly rated solar company in Orange City, you can click the button below.
Solar savings over time in Orange City
| Year | Return on Investment |
|---|---|
| 1 years | $-10,791 |
| 3 years | $-7,776 |
| 5 years | $-4,761 |
| 7 years | $-1,747 |
| 9 years | $1,268 |
| 11 years | $4,283 |
| 13 years | $7,298 |
| 15 years | $10,312 |
| 17 years | $13,327 |
| 19 years | $16,342 |
| 21 years | $19,356 |
| 23 years | $22,371 |
| 25 years | $25,386 |
Top Solar Installers in Orange City
When making the switch to solar, many homeowners opt to hire a solar company since putting up a solar system yourself can be a difficult project. Solar warranties and repairs are usually included in the cost of installation when you opt for a solar contractor as well, which can save you more money after your upfront investment.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Orange City
Factors that Affect Solar Panel Costs in Orange City
For many Orange City homeowners, the decision to install a solar energy system comes down to cost. However, the range of solar installation costs can be quite wide in Orange City, with typical prices between $20,000 to $40,000. There are various factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of a solar system in Orange City, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy consumption, which you can figure out by looking at past power bills. Your overall cost can increase by around $3,210 for each additional kilowatt you need.The type of 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. However, higher efficiency could save you more in the long run on your electric bills. In addition, extra products, like solar batteries, can bump up your total well above the Orange City average.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That’s why many Orange City homeowners choose to finance their solar panel systems to make paying for solar more affordable.When estimating your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
The final major cost factor you should take into consideration is the installer you choose. Given the massive popularity of renewable energy solutions in Orange City, you’ll have plenty of options to choose from, but each comes at various price points for labor and equipment.You may notice national solar installers that have lower prices because of their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions to compete with those major players.
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 | $19,732 | 10.4 years |
| 8 kW | $3.27 | $18,336 | $26,669 | 10.2 years |
| 10 kW | $3.21 | $22,470 | $33,786 | 10.0 years |
| 12 kW | $3.15 | $26,425 | $41,082 | 9.8 years |
| 14 kW | $3.08 | $30,200 | $48,558 | 9.6 years |
| 16 kW | $3.02 | $33,795 | $56,214 | 9.4 years |
| 18 kW | $2.95 | $37,210 | $64,050 | 9.2 years |
| 20 kW | $2.89 | $40,446 | $72,065 | 9.0 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose plays a role in which solar panel brands you have access to.
- Reputation: Long-running 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 quality aftercare and customer support, such as part repairs and replacements.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project timeline.
- Warranty: Warranties that cover defective panels and repairs over a couple decades are the best you can get in the business, and offering that kind of warranty is one sign of a good company.
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 Orange City, FL Solar Cost FAQs
How much does it cost to install solar panels in Orange City?
This is a difficult question to answer precisely, because the cost depends on many 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. It will cost more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.
Should I lease or buy solar panels in Orange City?
Leasing solar panels can be an option if you can’t afford to pay upfront or secure a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your property 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.
How will installing solar panels impact my home 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 Orange City is currently $351,091, so you could be looking at a value of about $14,395 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Orange City is a rewarding investment.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the average daily sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.
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.