Solar Panel Cost Guide in Southeast Arcadia, FL (2024 Update)
- Southeast Arcadia Solar Installation Cost: $12,279
- 25-Year Savings: $22,654
- Payback Period: 9.5 Years
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Average Cost of Solar Panels in Southeast Arcadia
See how much it might cost to switch to solar power in Southeast Arcadia.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Southeast Arcadia, the average cost of a solar system is 3 per watt.The average solar panel system size in Southeast Arcadia is around 5.5 kilowatts, meaning a cost of about $12,279 for a solar installation, or $17,559 before the 0 federal solar 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 use, the type of solar panels you choose, your solar contractor and more.But, once you've paid the initial cost of installation, the return on investment for most homeowners is quite rewarding, with a net average savings of about $22,000 over 20 years on electricity bills.
Click the button below to get connected to a reputable solar panel company in your area for a customized quote.
Solar savings over time in Southeast Arcadia
| Year | Return on Investment |
|---|---|
| 1 years | $-10,905 |
| 3 years | $-8,158 |
| 5 years | $-5,410 |
| 7 years | $-2,663 |
| 9 years | $84 |
| 11 years | $2,831 |
| 13 years | $5,578 |
| 15 years | $8,326 |
| 17 years | $11,073 |
| 19 years | $13,820 |
| 21 years | $16,567 |
| 23 years | $19,315 |
| 25 years | $22,062 |
Top Solar Installers in Southeast Arcadia
Many homeowners choose to hire a solar installer since figuring out how to install solar panels yourself can be hard. Another good thing about using a reliable solar installer is that it'll usually provide warranties and free repairs, which help protect your investment.
If you're looking for a solar installer in Southeast Arcadia, we've organized a list of our top suggestions here:
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 Southeast Arcadia
Factors that Affect Solar Panel Costs in Southeast Arcadia
For many Southeast Arcadia homeowners, the decision to install a solar energy system rests on cost. However, the range of solar installation costs can be quite wide in Southeast Arcadia, with typical prices between $20,000 to $40,000. There are a few 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 going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to pay around $3,210 per kilowatt in Southeast Arcadia.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Southeast Arcadia, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are provided by most installers in Southeast Arcadia, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible.It’s a good idea to factor the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Southeast Arcadia is the company you hire to install your solar panel system. Similar to choosing a company to build a deck or pool, for example, there’s no shortage of solar installers that offer a range of services for different budgets.You may come across national solar installers that have lower prices because of their larger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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 | $21,479 | 9.9 years |
| 8 kW | $3.27 | $18,336 | $28,998 | 9.7 years |
| 10 kW | $3.21 | $22,470 | $36,697 | 9.5 years |
| 12 kW | $3.15 | $26,425 | $44,576 | 9.3 years |
| 14 kW | $3.08 | $30,200 | $52,634 | 9.1 years |
| 16 kW | $3.02 | $33,795 | $60,872 | 8.9 years |
| 18 kW | $2.95 | $37,210 | $69,290 | 8.7 years |
| 20 kW | $2.89 | $40,446 | $77,888 | 8.5 years |
How to Save on Solar Panels
The solar company you opt for will be a major factor in determining not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, such as:
- Installation Process: Make sure you’re aligned with the company with regard to how the installation process will go and what needs to be done before your solar system is installed, such as updating or replacing your electrical system or roof.
- Solar Panel Brands: Different companies will have different brands and types of panels. If you want a specific brand, make sure the solar panel company you’re considering has it.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years in most cases provide good-quality solar panel installation and expertise.
- Contract: It’s important to look over your solar installer’s contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system’s energy production.
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 Southeast Arcadia, FL Solar Cost FAQs
How much does it cost to install solar panels in Southeast Arcadia?
The average cost of solar panels in Southeast Arcadia 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 model of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Southeast Arcadia?
Leasing solar panels can be an attractive choice, as it commonly comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better way to go if you want to get the most savings.
Does Southeast Arcadia have a net metering program?
Each state has some form 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 electricity bills.
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
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.