Solar Panel Cost Guide in Villas, FL (2023 Update)
- Villas Solar Installation Cost: $9,461
- 25-Year Savings: $19,379
- Payback Period: 8.2 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Villas
We break down average solar pricing in Villas.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Villas, the average cost of a solar system is 2.53 per watt. To cover the typical energy usage of the average home in Villas, most homeowners require a 5.3-kilowatt system. Using the per-watt figure above, a solar installation costs around $9,457, or $13,524 before the federal solar tax credit of 30% 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 solar panels you want, your solar contractor and more. For most homeowners, the upfront cost of solar power is worth paying. On average you could be looking at about $21,000 in savings on electricity bills over 20 years.
To see your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Villas
| Year | Return on Investment |
|---|---|
| 1 years | $-9,365 |
| 3 years | $-9,173 |
| 5 years | $-8,980 |
| 7 years | $-8,788 |
| 9 years | $-8,596 |
| 11 years | $-8,403 |
| 13 years | $-8,211 |
| 15 years | $-8,019 |
| 17 years | $-7,827 |
| 19 years | $-7,634 |
| 21 years | $-7,442 |
| 23 years | $-7,250 |
| 25 years | $-7,058 |
Top Solar Installers in Villas
Although you can install solar panels by yourself, it involves extra time and handiness. That's why the majority of homeowners choose to go with a solar panel installer. A solar company can also help save you money over the lifespan of your system by providing warranties, repairs and component replacements.
There are several licensed solar professionals that can help you install your solar panels. Here are our suggestions:
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 Villas
Factors that Affect Solar Panel Costs in Villas
The cost of installing a solar system in Villas can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is the size of the system you need, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
The size of the solar panel system you need for your home, 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 around $2,530. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Villas, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don't have a lot of 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 solar out of pocket can be challenging. Solar loans are available from most installers in Villas, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more accessible. You'll have to consider the long-term cost of financing options, including the total interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or finding a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The solar panel installer you select will influence your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor. The company's size sometimes plays the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to greater resources and bulk pricing. Smaller local companies might be more costly, but they generally 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 | $21,340 | 8.5 years |
| 8 kW | $2.58 | $14,451 | $28,737 | 8.4 years |
| 10 kW | $2.53 | $17,710 | $36,275 | 8.2 years |
| 12 kW | $2.48 | $20,827 | $43,955 | 8.0 years |
| 14 kW | $2.43 | $23,802 | $51,777 | 7.9 years |
| 16 kW | $2.38 | $26,636 | $59,740 | 7.7 years |
| 18 kW | $2.33 | $29,328 | $67,845 | 7.5 years |
| 20 kW | $2.28 | $31,878 | $76,092 | 7.4 years |
How to Save on Solar Panels
The solar installer 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 have access to. When choosing a solar company, there are several important things you should keep in mind, such as:
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you opt for.
- Contract: Although reading through a contract can be tedious, it's important to do it fully so you can make sure you understand how much the equipment and services will cost and the terms of the warranty.
- Installation Process: Make sure you're on the same page with the installer in regard to how the installation process will go and what you need to do before your solar system is installed, such as updating your electrical system or roof.
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
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 Villas, FL Solar Cost FAQs
What is the average cost of installing solar panels in Villas?
The average cost of solar panels in Villas is about $12,650 for a 5-kW system and $25,300 for a 10-kW system before the ITC, but the real cost will depend on things like the model of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider in addition to cost when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Can solar panels eliminate my energy bills?
Solar panels can potentially eliminate your electricity bills depending on where you're located and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,079.70 per year.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy consumption 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 get 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.