Is $34,000 to install a solar panel system producing 16000kwh per year a fair price?
Project Details
I am looking for a system to cover 16000kwh per year. I am considering if it would be better to order panels myself and find an installer or if there are better companies in south Florida.
Quote Details
Solar panel installation with a buyout option after 5 years. - Estimated annual production: 16,000 kWh - Monthly payment: $188 - Annual escalation rate: 2.99% - Buyout option available after 5 years at depreciated value (estimated 50%)
You say...
Vote Distribution
These ratings are not endorsed by Quote Critic. They are submitted by other Quote Critic users like you.
More Details
Category
Solar
Price
$34,000
Quote Date
May 18, 2026
Location
Florida
Battery Storage?
No
Comments
No comments yet
Sign in to share your thoughts and ask questions.
Similar Quotes
Install a 16kW solar system with a Powerwall
This quote is for the installation of a 16kW solar panel system with a Powerwall battery. - System Size: 16kW - Solar Panels: REC 400w - Annual Production: 24,000kWh - Battery Storage: 1 Powerwall
Purchase a solar system with 9,100 kwh annual production
Outright purchase of a solar panel system. - Estimated annual production of 9,100 kWh - Alternative to a monthly lease agreement
Install a solar panel system with battery storage
This quote is for a solar panel system with battery storage, where the company owns the system and provides electricity. The system is estimated to produce 25,816 kWh annually, offsetting 75% of the estimated 34,600 kWh annual usage. The Year 1 total monthly payment is $482.68, which includes a 5% ACH discount. The annual payment escalator is 2.99%. A deposit of $0.00 is due today. The quote includes a 90% performance guarantee for 25 years, a 25-year warranty on parts, labor, and workmanship (including the battery), and a 10-year warranty on solar roof fasteners. The Year 1 solar rate is $0.150/kWh and the Year 1 battery service is $159.98/month.