Solar Panel Cost Guide in Punta Gorda, FL (2025 Update)
- Punta Gorda Solar Installation Cost: $11,931
- 25-Year Savings: $22,412
- Payback Period: 9.9 Years
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Average Cost of Solar Panels in Punta Gorda
Find out what the average cost of installing solar panels is in Punta Gorda.
In Punta Gorda, solar panels cost about 3 per watt on average.Because a 5.3-kW system is needed to cover the energy needs of a typical home in Punta Gorda, the average price of going solar will be about $11,931 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of how much solar panels could cost. The exact cost of installing solar panels can vary based on several factors, such as what size system you need, your energy usage and what company you go with.With average savings of about $21,000 on electricity bills over 20 years, many homeowners in Punta Gorda find investing in solar can pay off big.
To calculate your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Punta Gorda
| Year | Return on Investment |
|---|---|
| 1 years | $-10,557 |
| 3 years | $-7,810 |
| 5 years | $-5,062 |
| 7 years | $-2,315 |
| 9 years | $433 |
| 11 years | $3,180 |
| 13 years | $5,928 |
| 15 years | $8,675 |
| 17 years | $11,423 |
| 19 years | $14,170 |
| 21 years | $16,917 |
| 23 years | $19,665 |
| 25 years | $22,412 |
Top Solar Installers in Punta Gorda
Trying to install solar panels by yourself can be a stressful undertaking, which is why getting a solar installation company is a good option for many homeowners. Plus, if you’re unsure what type of solar panels and equipment you need, a solar expert can help you figure that out after a site survey and consultation.
If you're on the hunt for a solar company in Punta Gorda, we've put together a list of our top suggestions here:
See all of the solar companies in Punta Gorda
Factors that Affect Solar Panel Costs in Punta Gorda
For many Punta Gorda homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Punta Gorda, 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
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. For that reason, it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use.The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for 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 over time on your electric bills. In addition, extra products, like solar batteries, can bump up your total well above the Punta Gorda average.
Solar Financing Terms
Many homeowners find the average cost of solar in Punta Gorda to be prohibitively costly, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to higher prices over time due to interest.However, the interest on solar loans also increases your overall costs, so it’s important to take that into consideration as well. You can always bring down the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you hire to handle your switch to green energy can have an effect on your total costs. There are about 3 solar installation companies in Punta Gorda, and each can charge varying amounts for labor and equipment.Larger national companies generally have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional 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 | $19,874 | 10.3 years |
| 8 kW | $3.27 | $18,336 | $26,858 | 10.1 years |
| 10 kW | $3.21 | $22,470 | $34,021 | 9.9 years |
| 12 kW | $3.15 | $26,425 | $41,365 | 9.7 years |
| 14 kW | $3.08 | $30,200 | $48,888 | 9.5 years |
| 16 kW | $3.02 | $33,795 | $56,591 | 9.3 years |
| 18 kW | $2.95 | $37,210 | $64,474 | 9.1 years |
| 20 kW | $2.89 | $40,446 | $72,537 | 8.9 years |
How to Save on Solar Panels
The solar company you opt for will influence not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should take into account, such as:
- Installation Process: When making the switch to solar power, it’s crucial to keep an open line of communication with your solar panel installer. Make sure you understand how the installation process will go and the project timeline.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to get the job done well. Another way you can look into your installer’s reputation is by reading reviews.
- Warranty: Companies typically offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose affects which solar panel brands you have access to.
EcoWatch's Punta Gorda, FL Solar Cost FAQs
How much does it cost to install solar panels in Punta Gorda?
The average cost of solar panels in Punta Gorda 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 like the type of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Punta Gorda?
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 home 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 bang for your buck from going solar.
Does Punta Gorda have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future power bills.
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 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.