If you are looking to invest in solar panels in Florida, you may want to know more about the average costs that are associated with installing one of these systems. When installing solar power across Florida the overall costs of the equipment used can vary based off of the roof type, the building and the equipment that you plan on using for the installation process. The height and installation quality can also factor into the overall cost of solar.
The short answer on the cost of solar panels in Florida is that they typically range between $3.25 and $3.85 a watt for power. Although the overall cost of a solar power system didn’t seem quite expensive upfront, when you consider the total amount of money that you are spending on regular energy, you can start to see how this system could easily pay back the energy costs in your home and save you a ton of money.
If a small one-story home has an energy bill of around $170 per month, this could put you at around $2040 per year. With a solar system that is set to last over 25 years, you could be paying up to $51,000 to a utility company and that’s only if your rates were to stay the same.
With the average utility company raising its rates 6.5% to 6.7% each year, picking up a solar panel array in Florida can ultimately lead to a cost savings by locking in your price for power.
With a relatively small selection of solar panels that could cost around $28,000 out of pocket, you could save $35,000+ by the time that you reach the 25th year of owning your solar panels.
By looking into the overall cost of solar panels in Florida, you can start to see how you can save money with one of these systems as well as help the environment.
At Efficient Home Services of Florida our goal is to transform your home into an energy efficient one and then equip it with the best solar panels in Florida. While most companies will install solar panels only. We make sure your home is energy efficient first so you can maximize your savings – contact us today!