Solar Panel Cost Guide in St Augustine Shores, FL (2023 Update)
- St Augustine Shores Solar Installation Cost: $9,599
- 25-Year Savings: $19,560
- Payback Period: 8.2 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in St Augustine Shores
We break down average solar pricing in St Augustine Shores.
Currently, the national average cost of solar panels is $2.66 per watt. However, in St Augustine Shores, the typical cost of solar panels is 2.53 per watt. To cover the typical energy usage of the average home in St Augustine Shores, most homeowners require a 5.4-kilowatt system. Using the per-watt figure above, a solar installation costs about $9,599, or $13,727 before the federal solar tax credit of 30% is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The exact cost of going solar can vary depending on multiple factors, such as how many panels you need, your energy usage and what installation company you go with. For most homeowners, the upfront cost of solar is worth paying. On average homeowners in St Augustine Shores see about $20,000 in savings on electricity bills over 20 years.
To calculate your potential savings and connect with a local solar company, click the button below.
Solar savings over time in St Augustine Shores
| Year | Return on Investment |
|---|---|
| 1 years | $-8,432 |
| 3 years | $-6,100 |
| 5 years | $-3,767 |
| 7 years | $-1,434 |
| 9 years | $898 |
| 11 years | $3,231 |
| 13 years | $5,564 |
| 15 years | $7,896 |
| 17 years | $10,229 |
| 19 years | $12,562 |
| 21 years | $14,895 |
| 23 years | $17,227 |
| 25 years | $19,560 |
Top Solar Installers in St Augustine Shores
Trying to install solar panels yourself can be a time-consuming undertaking, which is why using a solar installer is a good option for many homeowners. A solar installer can also help save you money over time by offering warranties, repairs and component replacements.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some nearby:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 St Augustine Shores
Factors that Affect Solar Panel Costs in St Augustine Shores
Cost is typically one of the most important factors for homeowners wanting to invest in solar. There are a few primary factors that will push your cost above or below the average in St Augustine Shores: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. For that reason, it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use. There are several different solar panel brands and the one you choose also affects the cost. In general, the brands that offer higher efficiency tend to also cost more. Plus, the type of equipment you're looking to get can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for a solar system out of pocket is out of reach, solar loans are an affordable route because they decrease your upfront costs and let you pay for your system over a term of, on average, between five and seven years. It's a good idea to include 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 off the loan.
Solar Panel Installation Company
The last key cost factor you should take into consideration is the installer you choose. Given the massive popularity of sustainable energy solutions in St Augustine Shores, you'll have plenty of options to choose from, but each comes at various price points for labor and equipment. You may see national solar installers that have lower prices due to 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 major players.
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 | $21,222 | 8.6 years |
| 8 kW | $2.58 | $14,451 | $28,580 | 8.4 years |
| 10 kW | $2.53 | $17,710 | $36,079 | 8.2 years |
| 12 kW | $2.48 | $20,827 | $43,720 | 8.1 years |
| 14 kW | $2.43 | $23,802 | $51,503 | 7.9 years |
| 16 kW | $2.38 | $26,636 | $59,427 | 7.7 years |
| 18 kW | $2.33 | $29,328 | $67,493 | 7.6 years |
| 20 kW | $2.28 | $31,878 | $75,700 | 7.4 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be a challenge, we have some tips to help you, such as:
- Solar Panel Brands: The type of solar panel you'd like plays a role in which installer you should opt for, since different companies provide different panels.
- Warranty: A comprehensive, long-term warranty can help keep your solar panel system running for years to come and save you money on repairs and maintenance.
- Contract: Look through the contract terms carefully to make sure you understand the cost breakdown, project completion timeline incentives and warranties.
- Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the project timeline.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 St Augustine Shores, FL Solar Cost FAQs
How much does it cost to install solar panels in St Augustine Shores?
This is a difficult 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 other solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Is cost the most important thing to consider when buying solar panels?
The initial cost is a very important factor to consider, but whether it's the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Is it worth going solar in St Augustine Shores?
Solar panels can be a fruitful investment for a majority of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your power bills are already reasonably low, solar panels might not be for you.
How long do solar panels last in St Augustine Shores?
On average, the lifespan of solar panels is 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 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.