Solar Panel Cost Guide in Port Salerno, FL (2023 Update)
- Port Salerno Solar Installation Cost: $9,500
- 25-Year Savings: $19,658
- Payback Period: 8.1 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Port Salerno
Let's have a look at the average cost of solar in Port Salerno.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Port Salerno, the typical cost of a solar system is 2.53 per watt. The average solar panel system size in Port Salerno is around 5.4 kilowatts, meaning a cost of about $9,493 for a solar installation, or $13,575 before the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll pay for solar will differ based on your household energy needs, the type of solar system you want, your solar contractor and more. But, once you've paid the upfront cost of installation, the return on investment for most homeowners is quite good, with a net average savings of about $21,000 over 20 years on utility bills.
For a free quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Port Salerno
| Year | Return on Investment |
|---|---|
| 1 years | $-9,403 |
| 3 years | $-9,209 |
| 5 years | $-9,014 |
| 7 years | $-8,820 |
| 9 years | $-8,626 |
| 11 years | $-8,431 |
| 13 years | $-8,237 |
| 15 years | $-8,042 |
| 17 years | $-7,848 |
| 19 years | $-7,654 |
| 21 years | $-7,459 |
| 23 years | $-7,265 |
| 25 years | $-7,070 |
Top Solar Installers in Port Salerno
DIY solar panel installation is a possibility, but it's an undertaking that can be a pain. Hiring a solar company can make your swap to solar power much easier. A solar installer can also help save you money over time by providing warranties, repairs and component replacements.
Working with a licensed solar company can help you make the most of your investment in solar. 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
See all of the solar companies in Port Salerno
Factors that Affect Solar Panel Costs in Port Salerno
There are a number of factors that can determine your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
One of the most important factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to pay around $2,530 per kilowatt in Port Salerno. The brand and kind of equipment you choose for your solar system can increase or decrease 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 limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be challenging. Solar loans are available from most installers in Port Salerno, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more affordable. It's wise to add the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay off the loan.
Solar Panel Installation Company
The solar installation company you choose will impact your total cost to go solar. Different companies will charge different amounts for the equipment and labor. The size of the company sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing due to access to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger companies.
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 | $21,562 | 8.5 years |
| 8 kW | $2.58 | $14,451 | $29,033 | 8.3 years |
| 10 kW | $2.53 | $17,710 | $36,645 | 8.1 years |
| 12 kW | $2.48 | $20,827 | $44,399 | 8.0 years |
| 14 kW | $2.43 | $23,802 | $52,295 | 7.8 years |
| 16 kW | $2.38 | $26,636 | $60,333 | 7.7 years |
| 18 kW | $2.33 | $29,328 | $68,512 | 7.5 years |
| 20 kW | $2.28 | $31,878 | $76,832 | 7.3 years |
How to Save on Solar Panels
There are many companies available in Port Salerno, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. A couple of 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 previous customers.
- Contract: It's important to look over your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what you can expect about your solar system's energy production.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. Although there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to ask for their list of offerings before making your decision.
- Warranty: If you're concerned about the endurance of your solar system, checking if your company offers a 25-year, all-inclusive warranty can help put you at ease.
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 Salerno, FL Solar Cost FAQs
What is the average cost of installing solar panels in Port Salerno?
This is a hard question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $12,650 for a 5-kW system and $25,300 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 consumption. Conversely, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Port Salerno?
You can't get solar panels for free in Port Salerno. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.
Does Port Salerno have a net metering program?
Most states offer net metering programs of some kind. Through these, you can either receive compensation for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the amount of sunlight your roof gets. You can 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 install between 20 and 35 panels to cover 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.