Solar Panels Cost 8.5k-17k in Bunnell, FL | October, 2024

Solar Panels Cost $8.5k-$17k in Bunnell, FL | October, 2024

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How much do solar panels cost in Bunnell, FL in 2024?

Currently, in Bunnell, FL in the month of October, 2024, the cost per each watt for solar is $3.06/W.

In accordance with this price, expect to spend $3,060, on average, for every 1000 watts (or 1 kW) of solar energy your solar system will need to produce. After receiving the 30% federal tax credit, you can expect to spend about $10,710, in Bunnell, for a 5 kW solar panel install. To ensure your energy requirements are met, you may require a larger system.

Select your county from the menu on the left to find the average roof size and maximum solar panel system capacity for homes in your area. Displayed below is a breakdown of the price, payback period, and 20-year average savings for a 5 kW system in your county.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Bunnell: $10,710US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Bunnell: 5 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Bunnell: $24,970US Average: $15,784

Solar Potential in Bunnell

Estimated system size and solar electricity production per median viable roof in
Bunnell.

Roof size 1,305sq. ft.
Capacity 18.25kW DC
Electricity 23.9kkWh AC per yr.

Electricity Costs in Bunnell, FL & What that Means for Your Solar Panel Pricing

An electricity consumer in Bunnell usually uses 1,086 kWh per month, leading to an average electric bill of $167.79. These figures also cover apartments and other smaller living spaces with lower energy requirements.

The mean rate for electricity in Bunnell, FL in October, 2024 is 15.45¢ per kWh.

To meet all of the energy requirements of a typical user in Bunnell, a solar power system of 8 kW or larger is required. The cost of a an 8 kW solar system is approximately $24,480 before any incentives, but the federal tax credit gives you back 30%, reducing your total to $17,136.

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Average solar panel costs by system size in Bunnell

Below and to the left, the pricing details for different sizes of the solar panel systems installed in Bunnell is displayed. Of course, with a larger solar system, you'll see a greater initial expense, but the advantages consist of greater energy savings and greater income tax credits.

The cost and benefit breakdown for solar panels, shown in the calculator down and to the right, is based on an average electric bill of $167.79 in Bunnell. For a more precise estimate, change the $167.79 with your usual electricity bill amount.

System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $1,006 a year
Est. Price
$8,568
Savings from a 4kWthis system
  • Est. yearly production 6,709 kWh
  • Est. monthly savings $84
  • Full payback in 4 years
Environmental Impacts
  • Reduces CO2 emissions by 2.06 tons a year
  • Equivalent to planting 94 trees a year
  • Equivalent to driving 5,091 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,258 a year
Est. Price
$10,710
Savings from a 5kWthis system
  • Est. yearly production 8,386 kWh
  • Est. monthly savings $105
  • Full payback in 5 years
Environmental Impacts
  • Reduces CO2 emissions by 2.57 tons a year
  • Equivalent to planting 118 trees a year
  • Equivalent to driving 6,364 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,510 a year
Est. Price
$12,852
Savings from a 6kWthis system
  • Est. yearly production 10,064 kWh
  • Est. monthly savings $126
  • Full payback in 6 years
Environmental Impacts
  • Reduces CO2 emissions by 3.09 tons a year
  • Equivalent to planting 142 trees a year
  • Equivalent to driving 7,637 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,761 a year
Est. Price
$14,994
Savings from a 7kWthis system
  • Est. yearly production 11,741 kWh
  • Est. monthly savings $147
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 3.6 tons a year
  • Equivalent to planting 165 trees a year
  • Equivalent to driving 8,910 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $2,013 a year
Est. Price
$17,136
Savings from a 8kWthis system
  • Est. yearly production 13,418 kWh
  • Est. monthly savings $168
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 4.11 tons a year
  • Equivalent to planting 189 trees a year
  • Equivalent to driving 10,183 mi less a year

Bunnell Solar Panel Installation Incentives & Rebates | 2024

The REAP Grant currently offers between 80% and 100% coverage for the installation costs of solar or wind turbines for rural small businesses and farms. If you think you might be eligible, try our REAP Grant eligibility tool to verify your qualification.

The federal government offers a 30% tax credit for residential solar systems, making solar attractive and practical for a variety of homeowners. Additionally, numerous state and local programs aim to promote further adoption of solar energy.

Various utilities and government entities in Florida provide 19 solar rebate and incentive programs.

Beaches Energy Services - Residential Energy Efficiency Rebate Program

Value:Up to $300

Residential Beaches Energy Services customers undertaking energy efficiency improvements may be entitled to rebates. Available incentive programs and eligible projects will vary from time to time. Current programs target insulation/weatherization, windows, and HVAC systems and components with efficiency certifications. Customers may apply online within 60 days of project installation. However, they must submit the rebate paperwork before the project is completed. Once an application is approved, BES will either pay the rebate directly or apply it as a bill credit. Information on current programs is available from the BES website.

Clay Electric Cooperative, Inc - Energy Smart Energy Efficiency Rebate Program

Value:Up to $600

Residential Clay Electric Cooperative members undertaking energy efficiency improvements may be entitled to rebates. Available incentive programs and eligible projects will vary from time to time. Current programs include windows/screens, insulation/weatherization up to R-19, heat pumps, and solar water heating. Special financing may be available through CEC for these and other energy efficiency projects. Once an application is approved, CEC will apply the rebate amount as a monthly bill credit. Information on current programs is available from the CEC website.

Florida Keys Electric Cooperative - Residential Rebate Program

Value:Up to $500

Residential customers with the Florida Keys Electric Cooperative may be entitled to rebates on energy-efficient systems and components. Available programs will vary from time to time. Current rebate offers include HVAC, ductwork, insulation/weatherization, windows, roofing, and weather-stripping. Customers must apply for a rebate before purchasing the applicable product(s). The application process involves a property audit with an FKEC professional; only improvements the auditor recommends will be approved for incentives. There is no fee or required purchase commitment to have an audit done. Additional information is available from the FKEC website.

Clay Electric Cooperative, Inc - Solar Thermal Loans

Value:Up to $1,000

Residential and commercial Clay Electric Cooperative members may be eligible for special financing on energy-efficient thermal upgrades, including solar water and pool heating. Interest rates will vary but remain consistently low. Applicants should have been CEC members for more than one year. A $25 administrative processing fee should be attached to the application paperwork. Reviewers will consider credit and CEC bill payment history. Members are also required to undergo an energy audit to verify solar access. Additional information is available from the CEC website.

Clay Electric Cooperative, Inc - Solar Thermal Loans

Value:Up to $7,500

Residential and commercial Clay Electric Cooperative members may be eligible for special financing on energy-efficient thermal upgrades, including solar water and pool heating. Interest rates will vary but remain consistently low. Applicants should have been CEC members for more than one year. A $25 administrative processing fee should be attached to the application paperwork. Reviewers will consider credit and CEC bill payment history. Members are also required to undergo an energy audit to verify solar access. Additional information is available from the CEC website.

Solar Contractor Licensing

Value:Varies

Florida has offered dedicated solar contracting licenses in some form for the past several decades. Current licensing options allow a contractor to conduct a broad variety of solar work, including PV systems, water heating, pool heating, and HVAC on any property type. Despite the scope of Florida licensure, solar contractors may need to yield to roofing contractors for some panel installations. Applicants for licensure should have four years of practical and/or educational experience and at least one year of supervision experience. They must also pass an exam. Additional information is available through the FLASEIA website.

JEA - Clean Power Program

Value:Varies

The Jackson Energy Authority has previously agreed to renewable energy and anti-pollution goals in conjunction with the American Lung Association and Sierra Club. The first of these goals, set in 1999, required the Authority to generate 7.5% of its energy from renewable sources by 2015. Currently, the JEA grid can distribute 95 MW of renewably-sourced energy per year from area solar farms, biomass/biogas plants, and wind turbines.

JEA - Solar Incentive Program

Value:Varies

Residential Jackson Energy Authority customers who purchase and install new solar water heaters may be eligible for a $400 incentive. Eligible projects include both new installation and retrofits. Only water heaters may earn rebates; pool heaters are not applicable. Incentives may be prorated if their total exceeds that of the combined purchase price and installation costs. Additional information is available from the JEA website.

Clay Electric Cooperative, Inc - Energy Conservation Loans

Value:Varies

Residential and commercial Clay Electric Cooperative members may be eligible for special financing on various energy efficiency projects. The maximum available principal is $7,500 with varying interest rates and payment plans. The program is only applicable to residents of fourteen northern peninsular counties, including the cities of Gainesville, Lake City, Keystone Heights, and Salt Springs. Administrative and processing fees are $25. Additional information is available from the CEC website.

Clay Electric Cooperative, Inc - Energy Smart Solar Water Heater Rebate Program

Value:Varies

Residential Clay Electric Cooperative members may be entitled to rebates should they install a new active or passive solar water heater. Rebate amounts vary depending on capacity, but they top out at $600 for a 60,000 BTU system. Qualifying systems should satisfy state standards and be installed by a participating solar contractor. Additional information is available from the CEC website.

Beaches Energy Services - Solar Water Heating Rebate Program

Value:Varies

Residential Beaches Energy Services customers may be entitled to a $500 one-time rebate upon installation of a new solar water heater. A qualifying system must meet FSEC state standards, and its installation should be supervised by a state-licensed solar contractor. Within 60 days of the water heater's installation, customers may download an incentive application form from the BES website. Applications will be reviewed and rebates awarded within four to six weeks.

Florida Keys Electric Cooperative - Solar Loan Program

Value:Varies

Residential or commercial Lakeland Electric customers may be eligible for specialized energy efficiency loans to fund improvement projects. Loans are interest-free and may be in any amount from $500 to $5,000. Funding can be used to purchase and install solar panels, wind turbines, heat pumps, solar thermal systems, HVAC systems, windows, or insulation/weatherization. Processing fees apply at the beginning of the loan; they will appear as a charge on customer utility bills. Monthly payments after fees will be collected by LE's banking partners. Additional information is available through the LE website.

Solar and Energy Loan Fund (SELF)

Value:Varies

Florida has operated the statewide Solar and Energy Loan Fund (SELF) since 2010. SELF operates as a nonprofit agency offering special financing to certain homeowners to make energy efficiency improvements. SELF loans can pay for new HVAC, roofing, insulation, windows/doors, and accessibility products. Loans may also be used to install new solar PV, water heating, or space heating systems. Interest rates may vary, but they will remain consistently low. The maximum principal is currently $50,000. Additional information is available from the SELF website.

Solar Equipment Certification

Value:Varies

The Florida Solar Energy Center, or FSEC, was established by an act of the state legislature in 1976. FSEC is responsible for establishing and updating state certification standards and codes for solar panels and related equipment used in the state. Any manufacturer may apply for FSEC certification. The Center will test product samples under both normal operation and extreme conditions. Periodic re-tests may be conducted to ensure continued compliance with amended standards. Additional information is available from the FSEC website.

Hillsborough County - Solar and Wind Standards

Value:Varies

Hillsborough County has its own "renewable energy codes" which property owners installing a new PV, solar thermal, or small wind system must meet. Below is a sampling of the most important regulations. For on-ground solar energy systems on farms or other lots of at least five acres, new systems may have a maximum height of 15 feet with all wiring located underground. They should be fenced in and "set back" at least 50 feet from all lot lines. For small wind energy systems, height limits of 45 feet in residential areas and 120 feet in other areas apply. The county requires turbine noise to be kept to a minimum and all precautions to be taken to protect birds and other wildlife. Regulations are not limited to the above. Additional information and guidelines are available from the county website.

Florida PACE programs

Value:Varies

Through the Florida PACE program, both residential and commercial property owners may utilize an "open marketplace" to acquire offers and financing on energy efficiency improvement projects. Effectively, PACE loans come from the state government. Payments are not collected by conventional means; rather, local assessors will service the loan by placing a non-accelerated lien (senior to mortgages) on the property. This means that should the owner sell or transfer their property, payments will become the responsibility of the new owner. PACE markets are only open in certain Florida counties, and each market operates under differing policies. For residential PACE applicants, certain safeguards including loss reserve funds and disclosures are in place per FHFA directives. Both Fannie Mae and Freddie Mac cannot acquire a mortgage with a PACE lien due to its seniority. Additional information is available through the Florida PACE website.

Broward County - Rooftop Solar System Permit Standard

Value:Varies

To promote the adoption and installation of solar systems, Broward County has adopted a solar rights ordinance. No association or municipality may enact a complete ban on rooftop solar panels. However, the county has established a set of "solar codes" for new renewable energy installations to follow. For example, solar panels cannot extend five feet higher than a flat roof or above the apex of a slanted roof. Solar permits in the county do not override reasonable regulations which may be set by HOAs or localities. Further, they may not be used by themselves to justify landscaping for solar access (i.e. tree removal or trimming.) Additional information is available from the county website.

Energy Conservation in Public Buildings

Value:Varies

A 2007 law requires the Floridian government to adopt energy-efficient building and generation standards. Currently, the state must cut its greenhouse gas emissions by 40% by 2025. Any new construction should be designed to achieve an optimum ratio of LEED certification level to project cost. Where it is financially sustainable, new state buildings and public schools should seek to adopt at least a solar thermal system for water and space heating. Compliance is enforced through a group of specialized green building inspectors trained at local community colleges. Occasionally, the state may enter contracts with existing buildings to provide assistance with energy efficiency and other sustainable improvements.

Broward County Online Solar Permitting

Value:Varies

Go SOLAR is the new online portal for solar equipment permits in Broward County. Any residential or small business property may use the system for their regulatory needs when installing a new PV system. Go SOLAR's design has allowed the county to condense solar permit applications to one common form. Applicants are limited to selecting from a finite list of "pre-authorized" designs and plans; while they may submit their own documentation for a custom design, they must do so in person. Additional information is available through the portal itself.

Are solar panels worth it in Florida?

If you plan to own your residence longer than the solar system's payback period, solar panels are a wise investment in Bunnell. A 5 kW system in Bunnell, FL will enable you to save the average homeowner, on average, $29,559.6 over a 20 period and the average break even point is 5 years.

The cost of not having solar panels in Bunnell, FL

Without solar panels or another backup power source, you miss out on the savings discussed previously and are entirely on your electric utility for electricity. Recent news examples have revealed that complete dependence on your utility provider isn't always the most favorable condition.

Bunnell utilities have reported 0.81 outages per customer per year over the past few years. On average, an outage lasts 80.06 minutes. Major events such as wildlife damage, grid management errors or thunderstorms can significantly extend these time frames.

A solar panel system, whether or not it has a backup battery, could help reduce the impact of future outages you might experience.

Power Outages

Currently, 0 customers are being tracked in Flagler County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Bunnell, FL?

Your Energy Needs - Even if the initial expense is greater, the price per watt decreases with larger solar panel systems. Individuals often discover that setting up a solar system that can offset their entire electric bill is advantageous, ensuring optimal savings.

Make & Model - Just like any other product, solar panels are available in a wide variety of makes and models. Considering the system preferences that your installer may have, it's important to select a reputable contractor. For a superior long-term experience, buyers should consider better quality models.

Solar Panel Type - For good reasons, monocrystalline panels have become the industry standard. They come with a higher price, but they generate more energy. Many solar panel installers choose this material.

Your Property - Each property and home has its own characteristics. Factors such as trees, sloped land, or additional considerations can make the installation more challenging. Nowadays, most solar installers can assess your home with satellite images and incorporate these considerations in the first cost estimate.

Labor Rates - The costs connected to the varying wages offered by companies to their employees are passed on to the consumers. Companies that invest in higher wages usually see higher reviews for their work and customer service.

Permitting & Interconnection - Permitting and utility interconnection fees change locally and will impact your installation cost. Good installers will factor these costs into your preliminary quotes to prevent unexpected expenses.

See what solar panels cost in other FL cities

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Who are the best solar installers in Bunnell?

Freedom Forever

Temecula, CA(800) 685-1850

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.

Academy Energy Group

Newburgh, IN(812) 518-2150

Services

  • Auditing of energy requirements for independent energy generation.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.

Solar-Ray

Orlando, FL(407) 443-4404

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

Powur PBC

Del Mar, CA(866) 467-6987

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.

Solar Advantage

Odessa CDP, FL(813) 399-1231

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

ESA Solar Energy

Maitland, FL(407) 329-5480

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.

Plug PV

Albany, NY(518) 948-5316

Services

  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Monitoring of independent energy generation.
  • Installation of solar arrays.

Go Solar Power

Boca Raton, FL(800) 530-9597

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Sun4

Coral Gables, FL(786) 833-7864

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Reparation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Pure Energy

Gainesville, FL(352) 377-6527

Services

  • Consulting on all things solar related.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.

SunPro Solar

Mandeville, LA(866) 599-3643

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Monitoring of independent energy generation.
  • Auditing of energy requirements for independent energy generation.

Solar Energy World

Elkridge CDP, MD(866) 856-4580

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.

Dividend Finance

San Francisco, CA(415) 805-7000

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.

CES

Middletown, CT(860) 632-1682

Services

  • Auditing of energy requirements for independent energy generation.
  • Consulting on all things solar related.
  • Installation of solar arrays.

Palmetto Solar

Charleston, SC(855) 339-1831

Services

  • Reparation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Entero Energy

Austin, TX(512) 551-0742

Services

  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Solar systems for selling electricity back to the grid.
  • Monitoring of independent energy generation.
  • Installation of batteries for energy storage.
  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.

Silver Sun Solar

Deltona, FL(340) 227-7785

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

ConEdison Solutions

Valhalla CDP, NY(914) 286-7000

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Fluent Solar

Lindon, UT(866) 736-1253

Services

  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

Sunnova Energy

Houston, TX(866) 786-6682

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.

Sunrun

San Francisco, CA(833) 394-3384

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Monitoring of independent energy generation.
  • Installation of batteries for energy storage.

Sigora Solar

Charlottesville, VA(434) 465-6192

Services

  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.

Entegrity

Little Rock, AR(800) 700-1414

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

PE Solar

Tempe, AZ(480) 264-0690

Services

  • Consulting on all things solar related.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.

City Electric Supply

Dallas, TX(866) 634-9853

Services

  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

Advanced Roofing

Fort Lauderdale, FL(800) 638-6869

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Consulting on all things solar related.

LightEdison

Denver, CO(888) 966-6377

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Reparation of solar arrays.

Empire Solar Group

Salt Lake City, UT(800) 467-4562

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.

Precision Renewables

Snyderville CDP, UT(435) 602-4120

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.

A1A Solar Contracting

Jacksonville, FL(904) 468-7861

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Consulting on all things solar related.
  • Solar systems for selling electricity back to the grid.

Badass Energy

Claremont, CA(909) 320-9860

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Consulting on all things solar related.

FL Commercial Solar

Parkland, FL(954) 526-5030

Services

  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

Bunnell, FL Solar Panel Cost FAQs

  • The typical cost per watt for solar panels in Bunnell, FL as of October, 2024 is $3.06/W. With the federal tax credit, the cost of a 5 kW solar panel system in Bunnell, FL drops to roughly $10,710.

  • As of now, there are 19 rebates and incentives offered by various utilities and government entities in Florida. Additionally, the vast majority qualify for the 30% federal tax credit.

  • Even though paying cash yields the most savings, there are now several financing options for solar panels that also are financially sensible. Installers often have partnerships with financing companies and will include this information in your initial quotes.

  • Yes, the payback period for 5 kW solar energy systems in Bunnell, FL averages 5 years, with electricity savings of about $29,559.6 over 20 years.
Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-10-01