Solar Panel Cost Guide in Kissimmee, FL (2024 Update)
- Kissimmee Solar Installation Cost: $12,187
- 25-Year Savings: $22,215
- Payback Period: 9.6 Years
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Average Cost of Solar Panels in Kissimmee
Find out what the average cost of solar panel installation is in Kissimmee.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Kissimmee, the average cost of solar panels is 3 per watt.Because a 5.4-kW system is needed to cover the energy needs of a typical home in Kissimmee, the average price of going solar will be about $12,187 after claiming the federal solar tax credit of 0.
These figures are just averages, and the cost of going solar for you will most likely vary based on factors unique to your home and what company you want to go with.With typical savings of about $22,000 on energy bills over 20 years, many homeowners in Kissimmee find investing in solar can be quite rewarding.
To see your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Kissimmee
| Year | Return on Investment |
|---|---|
| 1 years | $-10,452 |
| 3 years | $-6,981 |
| 5 years | $-3,510 |
| 7 years | $-39 |
| 9 years | $3,432 |
| 11 years | $6,903 |
| 13 years | $10,374 |
| 15 years | $13,845 |
| 17 years | $17,316 |
| 19 years | $20,787 |
| 21 years | $24,258 |
| 23 years | $27,728 |
| 25 years | $31,199 |
Top Solar Installers in Kissimmee
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can use up a lot of your time and energy. Going with a solar company can make your switch to solar power much easier. The payback period of solar panels will vary based on factors like your roof configuration and energy consumption, but working with a solar installer can shorten it. Your provider will be able to help you identify incentives available in your area.
You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some near you:
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 Kissimmee
Factors that Affect Solar Panel Costs in Kissimmee
For many Kissimmee homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Kissimmee, with typical prices between $20,000 to $40,000. There are various factors that considerably influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a few different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with better 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.The brand and type of equipment you choose for your solar system can raise or lower 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 a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
If paying for a solar system out of pocket is difficult, solar loans are a popular option because they cut back your upfront costs and let you pay for your system over a term of, on average, between five and seven years.When estimating your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.
Solar Panel Installation Company
A final factor to consider when trying to figure out the cost of solar for your home or business in Kissimmee is the company you choose to install your PV system. Similar to choosing a company to install new cabinets, for instance, there are plenty of solar installers that offer a range of services at different costs.You may notice national solar installers that have lower prices due to their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $21,180 | 10.0 years |
| 8 kW | $3.27 | $18,336 | $28,599 | 9.8 years |
| 10 kW | $3.21 | $22,470 | $36,199 | 9.6 years |
| 12 kW | $3.15 | $26,425 | $43,978 | 9.4 years |
| 14 kW | $3.08 | $30,200 | $51,937 | 9.2 years |
| 16 kW | $3.02 | $33,795 | $60,075 | 9.0 years |
| 18 kW | $2.95 | $37,210 | $68,393 | 8.8 years |
| 20 kW | $2.89 | $40,446 | $76,891 | 8.6 years |
How to Save on Solar Panels
The solar company you opt for will be a major factor in determining not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should keep in mind, including:
- Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: Make sure you’re aligned with the company in regard to how the installation process will go and what needs to be done before your solar panels are installed, such as updating your electrical system or roof.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years most likely provide good-quality solar panel installation and expertise.
- Contract: Read the contract terms closely to make sure you understand how much it will cost, project completion timeline rebates and warranties.
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 Kissimmee, FL Solar Cost FAQs
What is the average cost of installing solar panels in Kissimmee?
The average cost of solar panels in Kissimmee is about $16,050 for a 5-kW system and $32,100 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Kissimmee?
Leasing solar panels can be an option if you can’t afford to pay upfront or secure a solar loan, but since you don’t own the system, you don’t have access to many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
How much can I save on power bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $1,173.37 per year.
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.