Solar Panel Cost Guide in Hialeah Gardens, FL (2024 Update)
- Hialeah Gardens Solar Installation Cost: $12,068
- 25-Year Savings: $19,647
- Payback Period: 10.3 Years
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Average Cost of Solar Panels in Hialeah Gardens
Find out what the average cost of solar panel installation is in Hialeah Gardens.
The national average cost of solar panels is $2.66 per watt, but in Hialeah Gardens it’s 3 per watt.Using this figure, a typical 5.4-kW system would cost about $12,068 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much solar panels could cost. The actual cost of installing solar panels can vary quite a bit based on a few factors, such as what size system you need, your energy usage and what company you go with.Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Hialeah Gardens can save around $21,000 on their electricity bills over 20 years.
For a free quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Hialeah Gardens
| Year | Return on Investment |
|---|---|
| 1 years | $-10,695 |
| 3 years | $-7,947 |
| 5 years | $-5,200 |
| 7 years | $-2,453 |
| 9 years | $294 |
| 11 years | $3,042 |
| 13 years | $5,789 |
| 15 years | $8,536 |
| 17 years | $11,283 |
| 19 years | $14,031 |
| 21 years | $16,778 |
| 23 years | $19,525 |
| 25 years | $22,272 |
Top Solar Installers in Hialeah Gardens
When going solar, many homeowners opt to use a solar company since putting up a solar system yourself can be a time-consuming project. Another good thing about going with a reliable solar installer is that it'll provide warranties and free repairs, which help protect your solar investment.
If you’d like to make the switch to solar but still aren’t sure which solar panel company to go with, here are our recommendations for providers in Hialeah Gardens:
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Hialeah Gardens
Factors that Affect Solar Panel Costs in Hialeah Gardens
While the average cost of a solar system in Hialeah Gardens is $12,068, your final cost may differ. There are many factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more important things to consider.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power production use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,210.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Hialeah Gardens, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in Hialeah Gardens provide solar loans, which reduce your upfront costs of installing a solar system.You’ll have to consider the long-term cost of loans, including the amount of 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 above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The solar panel installer you pick will play a role in your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.The size of the company can sometimes play the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to 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 names.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.34 | $14,021 | $18,553 | 10.8 years |
| 8 kW | $3.27 | $18,336 | $25,097 | 10.6 years |
| 10 kW | $3.21 | $22,470 | $31,821 | 10.3 years |
| 12 kW | $3.15 | $26,425 | $38,724 | 10.1 years |
| 14 kW | $3.08 | $30,200 | $45,808 | 9.9 years |
| 16 kW | $3.02 | $33,795 | $53,071 | 9.7 years |
| 18 kW | $2.95 | $37,210 | $60,513 | 9.5 years |
| 20 kW | $2.89 | $40,446 | $68,136 | 9.3 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since picking a company can be a tough decision, we have some tips to help you, such as:
- Solar Panel Brands: Different companies will have various brands and kinds of panels. If you want a specific brand, make sure the solar installer you’re considering has it.
- Warranty: Warranties that provide coverage for defective panels and repairs over a long period of time such as 25 years are the gold standard in the business, and offering that kind of warranty is one indication of a quality company.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should acquire and what the project timeline is.
- Reputation: Long-standing companies likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Hialeah Gardens, FL Solar Cost FAQs
How much does it cost to install solar panels in Hialeah Gardens?
This is a tough question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $16,050 for a 5-kW system and $32,100 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Hialeah Gardens?
Solar panels aren’t free in Hialeah Gardens, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Is going solar worth it?
Solar panels can be a fruitful investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already reasonably low, solar panels might not be for you.
How long do solar panels last in Hialeah Gardens?
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.