Solar Panel Cost Guide in Angola, IN (2024 Update)
- Angola Solar Installation Cost: $25,917
- 25-Year Savings: $27,457
- Payback Period: 14.6 Years
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Average Cost of Solar Panels in Angola
Find out what the average cost of a solar system is in Angola.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Angola, the average cost of solar panels is 4 per watt.To account for the typical energy usage of the average home in Angola, most homeowners require a 9.0-kilowatt system. Using the figure above, a solar installation costs about $25,917, or $37,061 before the federal solar tax credit of 0 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 based on several factors, such as what size system you need, your energy usage and what installation company you go with.Many homeowners find going solar is a fruitful investment. The average homeowner in Angola can save around $19,000 on their electricity bills over 20 years.
You can click the button below to get connected with a vetted solar company in Angola that can help you get a more accurate cost estimate for your home.
Solar savings over time in Angola
| Year | Return on Investment |
|---|---|
| 1 years | $-24,197 |
| 3 years | $-20,758 |
| 5 years | $-17,318 |
| 7 years | $-13,879 |
| 9 years | $-10,439 |
| 11 years | $-7,000 |
| 13 years | $-3,561 |
| 15 years | $-121 |
| 17 years | $3,318 |
| 19 years | $6,758 |
| 21 years | $10,197 |
| 23 years | $13,637 |
| 25 years | $17,076 |
Top Solar Installers in Angola
Trying to put up solar panels yourself can be a difficult undertaking, which is why hiring a solar installation company is a good option for many homeowners. Some solar installers, especially local ones, can help you better understand incentives in Angola, optimizing your ROI.
If you're searching for a solar installer in Angola, we've organized a list of our top suggestions here:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Angola
Factors that Affect Solar Panel Costs in Angola
Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that will push your cost above or below the average in Angola: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
The size of the solar energy system you need for your household, 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 $4,100. The brand and kind of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Most solar companies in Angola offer solar loans, which reduce the initial cost of installing solar panels.However, the interest on solar loans also adds to your overall costs, so it’s vital to keep that in mind as well. You can always bring down the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The solar panel installation company you choose will affect your total cost to go solar. Different companies will charge different amounts for the equipment and labor.Larger national companies usually have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric car charger installation, they might be cheaper overall.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $4.26 | $17,909 | $11,590 | 15.2 years |
| 8 kW | $4.18 | $23,419 | $15,913 | 14.9 years |
| 10 kW | $4.10 | $28,700 | $20,465 | 14.6 years |
| 12 kW | $4.02 | $33,751 | $25,247 | 14.3 years |
| 14 kW | $3.94 | $38,573 | $30,259 | 14.0 years |
| 16 kW | $3.85 | $43,165 | $35,500 | 13.7 years |
| 18 kW | $3.77 | $47,527 | $40,971 | 13.4 years |
| 20 kW | $3.69 | $51,660 | $46,671 | 13.1 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. Since selecting a company can be difficult, we have some tips to help you, such as:
- Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like EcoWatch.
- Contract: It’s important to read through your solar installer’s contract closely to understand what services they will provide, what the warranty covers and what you can expect about the cost.
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. While there are many options for which model of solar panel you can get, not every company will have the exact one you may want or need, so make sure you peruse their list of offerings before making your decision.
- Warranty: If you care about the endurance of your solar system, checking if your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Angola, IN Solar Cost FAQs
How much does it cost to install solar panels in Angola?
The average cost of solar panels in Angola is about $20,500 for a 5-kW system and $41,000 for a 10-kW system before the ITC, but the actual cost will depend on things like the type of solar panels you want, what size system you need and how much energy you consume.
What other factors should I consider aside from cost when buying solar panels?
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 places 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.
Can you sell solar power back to the grid in Angola?
Most states have net metering programs of some kind. Through these, you can either be compensated for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
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 amount 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.