Solar Panel Cost Guide in Sebring, FL (2023 Update)
- Sebring Solar Installation Cost: $9,617
- 25-Year Savings: $22,668
- Payback Period: 7.4 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Sebring
See how much it might cost to switch to solar power in Sebring.
The average cost of a solar panel system in Sebring is 2.53 per watt. The average Sebring homeowner needs a 5.4-kilowatt system, which would cost about $9,617 with the federal tax credit, or $13,752 before the 30% tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar will differ based on your household energy consumption, the type of equipment you choose, your solar contractor and more. With average savings of about $23,000 on utility bills over 20 years, many homeowners in Sebring find investing in solar has a decent ROI.
Click the button below to get connected to a vetted solar installer in your area for a personalized estimate.
Solar savings over time in Sebring
| Year | Return on Investment |
|---|---|
| 1 years | $-8,325 |
| 3 years | $-5,742 |
| 5 years | $-3,160 |
| 7 years | $-577 |
| 9 years | $2,006 |
| 11 years | $4,589 |
| 13 years | $7,172 |
| 15 years | $9,754 |
| 17 years | $12,337 |
| 19 years | $14,920 |
| 21 years | $17,503 |
| 23 years | $20,085 |
| 25 years | $22,668 |
Top Solar Installers in Sebring
DIY solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Going with an installer can make your swap to solar power much easier. Plus, if you'd like to maximize your investment in solar, going with a solar company can help with that as well. Different providers can offer repairs, expertise on how to install solar panels and sometimes even information on local incentives and net metering programs.
You can get a free estimate from a local solar installer on how much your investment in solar could cost for your home. Here are some near you:
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 Sebring
Factors that Affect Solar Panel Costs in Sebring
Even though the average cost of a solar system in Sebring is $9,617, your final cost may be higher or lower than that. There are many factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
The size of the solar energy 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, you can expect your total to increase by about $2,530. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your electric bills. In addition, extra products, like solar batteries, can bring your total well above the Sebring average.
Solar Financing Terms
Many homeowners find the average cost of solar in Sebring to be prohibitively steep, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides access to financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to paying more over time due to interest. 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 remaining key cost factor you should consider is the installer you choose. Given the massive popularity of sustainable energy solutions in Sebring, you'll have many options to choose from, but each comes at various price points for labor and equipment. Additionally, some companies in Sebring know more about local solar incentives and can help you make good use of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $24,635 | 7.7 years |
| 8 kW | $2.58 | $14,451 | $33,131 | 7.6 years |
| 10 kW | $2.53 | $17,710 | $41,767 | 7.4 years |
| 12 kW | $2.48 | $20,827 | $50,546 | 7.3 years |
| 14 kW | $2.43 | $23,802 | $59,466 | 7.1 years |
| 16 kW | $2.38 | $26,636 | $68,528 | 7.0 years |
| 18 kW | $2.33 | $29,328 | $77,732 | 6.8 years |
| 20 kW | $2.28 | $31,878 | $87,077 | 6.7 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 decide on 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 energy efficiency. They will come at different costs as well. The company you choose affects which solar panel brands you have access to.
- Contract: Before signing a contract with a solar company, be sure to look it over completely so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Warranty: Companies typically offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Reputation: Your solar installer should have a sound reputation as a company and have demonstrated 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 Sebring, FL Solar Cost FAQs
What is the average cost of installing solar panels in Sebring?
This is a tough question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $12,650 for a 5-kW system and $25,300 for a 10-kW system after the ITC is applied. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
What other factors should I consider apart from cost when buying solar panels?
Cost is a key factor to consider, but whether it's the most important for you depends on your goals for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Is going solar worth it?
Whether or not solar panels are worth it depends on some different factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level 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.