Solar Panel Cost Guide in West Deland, FL (Mar 2023)
- West Deland Solar Installation Cost: $9,687
- 25-Year Savings: $21,917
- Payback Period: 7.7 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in West Deland
Find out what the average cost of installing solar panels is in West Deland.
The national average cost of solar panels is $2.66 per watt, but in West Deland it's 2.53 per watt. Because a 5.5-kW system is needed to cover the energy costs of a typical home in West Deland, the average price of going solar will be about $9,687 after claiming the federal solar tax credit of 30%.
Keep in mind that the figures above are only estimates based on the average West Deland homeowner. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. For many homeowners, the upfront investment in solar is worth paying. On average you could be looking at about $22,000 in savings on utility bills over 20 years.
Click the button below to get connected to a vetted solar panel company in your area for a personalized estimate.
Solar savings over time in West Deland
| Year | Return on Investment |
|---|---|
| 1 years | $-8,423 |
| 3 years | $-5,895 |
| 5 years | $-3,367 |
| 7 years | $-838 |
| 9 years | $1,690 |
| 11 years | $4,219 |
| 13 years | $6,747 |
| 15 years | $9,275 |
| 17 years | $11,804 |
| 19 years | $14,332 |
| 21 years | $16,860 |
| 23 years | $19,389 |
| 25 years | $21,917 |
Top Solar Installers in West Deland
Installing solar panels by yourself can be a challenging project, which is why hiring a solar installation company is a good option for many homeowners. Solar warranties and repairs are often included in the cost of installation when you hire a solar company as well, which can save you more money after your upfront investment.
If you'd like to start using solar energy but still aren't sure which solar panel installer to go with, here are our suggestions for providers in West Deland:
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 West Deland
Factors that Affect Solar Panel Costs in West Deland
While the average cost of a solar system in West Deland is $9,687, your final cost may be higher or lower than that. There are several factors that can have a sizable impact on the cost of a residential solar panel installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household consumes, the larger your system will likely need to be. You can expect to spend around $2,530 per kilowatt in West Deland. The 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 power bills. Additionally, extra products, such as solar batteries, can bring your total well above the West Deland average.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are available from most installers in West Deland, which can bring down, or in some cases eliminate, your upfront costs to make solar more accessible. Even though solar loans make going solar more accessible for West Deland homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The remaining major cost factor you should consider is the installer you choose. Given the massive popularity of green energy solutions in West Deland, you'll have many options to choose from, but each comes at various price points for labor and equipment. The size of the company sometimes plays the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices because they have more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower 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 | $23,596 | 8.0 years |
| 8 kW | $2.58 | $14,451 | $31,745 | 7.8 years |
| 10 kW | $2.53 | $17,710 | $40,035 | 7.7 years |
| 12 kW | $2.48 | $20,827 | $48,467 | 7.5 years |
| 14 kW | $2.43 | $23,802 | $57,041 | 7.4 years |
| 16 kW | $2.38 | $26,636 | $65,756 | 7.2 years |
| 18 kW | $2.33 | $29,328 | $74,613 | 7.1 years |
| 20 kW | $2.28 | $31,878 | $83,612 | 6.9 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be a tough decision, we have some tips to help you, such as:
- Contract: Before signing a contract with a solar installer, make sure you 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.
- Solar Panel Brands: The type of solar panel you need to install plays a part in which installer you should opt for, since different companies have access to different panels.
- Warranty: Warranties that provide coverage for replacement parts and repairs over a couple decades are the best you can get in the business, and offering that kind of warranty is one sign of a quality company.
- Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to align on any details you should know with your solar installer, such as what permits you should acquire and what the project timeline is.
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 West Deland, FL Solar Cost FAQs
How much does it cost to install solar panels in West Deland?
The average cost of solar panels in West Deland is about $12,650 for a 5-kW system and $25,300 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the type of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in West Deland?
You can't get solar panels for free in West Deland. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.
Do solar panels increase your property value?
Solar panels can increase the value of your home significantly as long as you buy or finance your panels and don't choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home 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.