Solar Panel Cost Guide in Port Orange, FL (2023 Update)
- Port Orange Solar Installation Cost: $9,693
- 25-Year Savings: $19,138
- Payback Period: 8.4 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Port Orange
We break down average solar pricing in Port Orange.
In Port Orange, solar panels cost about 2.53 per watt on average. The average Port Orange homeowner needs a 5.5-kilowatt system, which would cost about $9,687 with the federal tax credit, or $13,852 before the 30% tax credit is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Port Orange homeowners. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. But, once you've paid the initial cost of installation, the payback for most homeowners is quite fruitful, with a net average savings of about $20,000 over 20 years on power bills.
To see your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Port Orange
| Year | Return on Investment |
|---|---|
| 1 years | $-9,597 |
| 3 years | $-9,404 |
| 5 years | $-9,212 |
| 7 years | $-9,020 |
| 9 years | $-8,828 |
| 11 years | $-8,636 |
| 13 years | $-8,443 |
| 15 years | $-8,251 |
| 17 years | $-8,059 |
| 19 years | $-7,867 |
| 21 years | $-7,675 |
| 23 years | $-7,482 |
| 25 years | $-7,290 |
Top Solar Installers in Port Orange
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Taking advantage of an installer can make switching to solar power much easier. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long term due to their warranties, repair services and expert design.
If you're searching for a solar company in Port Orange, we've organized a list of our top suggestions here:
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 Port Orange
Factors that Affect Solar Panel Costs in Port Orange
For many Port Orange homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Port Orange, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to pay about $2,530 per kilowatt in Port Orange. The brand of solar panels and equipment you want is another factor that will largely impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Moreover, solar equipment goes beyond just the solar panels themselves. You'll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when searching for a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are offered by most installers in Port Orange, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more affordable. When considering your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar panel installer you select will impact your total cost to make the switch to solar power. Different companies will bill different amounts for the equipment and labor. The company's size sometimes plays the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to access to greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.
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 | $20,556 | 8.7 years |
| 8 kW | $2.58 | $14,451 | $27,691 | 8.6 years |
| 10 kW | $2.53 | $17,710 | $34,968 | 8.4 years |
| 12 kW | $2.48 | $20,827 | $42,387 | 8.2 years |
| 14 kW | $2.43 | $23,802 | $49,947 | 8.1 years |
| 16 kW | $2.38 | $26,636 | $57,649 | 7.9 years |
| 18 kW | $2.33 | $29,328 | $65,493 | 7.7 years |
| 20 kW | $2.28 | $31,878 | $73,478 | 7.6 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because choosing a company can be a challenge, we have some tips to help you, such as:
- Warranty: A comprehensive, 25-year warranty can help keep your solar system running smoothly and save you money on part replacement and repairs.
- Contract: Look through the contract terms thoroughly to make sure you understand how much it will cost, completion timeline incentives and warranties.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. Even though there are many options for which model of solar panel you can get, not every company will have the exact one you may want or need, so make sure you ask for their list of offerings before making your decision.
- Reputation: Your solar installer should have a good reputation as a company and have proven expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
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 Port Orange, FL Solar Cost FAQs
How much does it cost to install solar panels in Port Orange?
The average cost of solar panels in Port Orange is about $12,650 for a 5-kW system and $25,300 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Port Orange?
You can't get solar panels for free in Port Orange. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Can solar panels significantly reduce my power bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Port Orange, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Port Orange?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
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.