Solar Panel Cost Guide in Bonita Springs, FL (2024 Update)

  • Bonita Springs Solar Installation Cost: $12,004
  • 25-Year Savings: $19,432
  • Payback Period: 10.4 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Bonita Springs

Find out what the average cost of solar panel installation is in Bonita Springs.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Bonita Springs, the average cost of a solar system is 3 per watt.To cover the typical energy usage of the average home in Bonita Springs, most homeowners require a 5.3-kilowatt system. Using the figure above, a solar installation costs around $12,004, or $17,166 before the federal solar tax credit of 0 is applied.

The prices above are just estimates to give you an idea of the cost of a solar energy system. The actual cost of making the switch to solar can vary quite a bit based on several factors, such as how many panels you need, your energy usage and what company you go with.Despite the significant upfront cost, the average Bonita Springs homeowner can save around $21,000 on their electricity bills over 20 years, which is one of the advantages of solar.

For a customized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.

Solar savings over time in Bonita Springs

Year Return on Investment
1 years $-10,630
3 years $-7,883
5 years $-5,136
7 years $-2,388
9 years $359
11 years $3,106
13 years $5,853
15 years $8,601
17 years $11,348
19 years $14,095
21 years $16,842
23 years $19,589
25 years $22,337

Top Solar Installers in Bonita Springs

Although it's possible to install solar panels yourself, it requires extra energy and know-how. That's why the majority of homeowners choose to hire a solar panel installer. Another good thing about using a reputable solar installer is that it'll usually provide warranties and free repairs, which help protect your solar system over time.

Working with a licensed solar installer can make going solar easier. Here are our recommendations:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

See all of the solar companies in Bonita Springs

Factors that Affect Solar Panel Costs in Bonita Springs

There are several criteria that can determine your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.

Solar Equipment

The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production require 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 kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more in the long run on your electric bills. In addition, add-on products, like solar batteries, can bring your total well above the Bonita Springs average.

Solar Financing Terms

Many homeowners find the average cost of solar in Bonita Springs to be prohibitively expensive, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to paying more over time due to interest.Though solar loans make going solar more accessible for Bonita Springs homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

The solar company you choose will play a role in your total cost to make the switch to solar . Different companies will bill different amounts for the equipment and labor.You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions 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 $18,429 10.8 years
8 kW $3.27 $18,336 $24,932 10.6 years
10 kW $3.21 $22,470 $31,614 10.4 years
12 kW $3.15 $26,425 $38,477 10.2 years
14 kW $3.08 $30,200 $45,519 10.0 years
16 kW $3.02 $33,795 $52,740 9.8 years
18 kW $2.95 $37,210 $60,142 9.6 years
20 kW $2.89 $40,446 $67,723 9.3 years

How to Save on Solar Panels

Since the kind of solar panels and the installation company you choose has an impact on your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:

  • Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and energy needs. Even though there are many options for which brand of solar panel you can get, not every company will have the exact one you may want or need, so make sure you take a look at their list of offerings before deciding.
  • Warranty: If you’re concerned about the endurance of your solar panels, ensuring your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
  • Contract: Review the contract terms carefully to make sure you understand how much it will cost, completion timeline incentives and warranties.
  • Installation Process: When going solar, it’s necessary to maintain an open line of communication with your solar company. Make sure you understand how the installation process will go and the completion timeline.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

EcoWatch's Bonita Springs, FL Solar Cost FAQs

What is the average cost of installing solar panels in Bonita Springs?

The average cost of solar panels in Bonita Springs is about $16,050 for a 5-kW system and $32,100 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you consume.

Are solar panels free in Bonita Springs?

A solar panel system isn’t free in Bonita Springs, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.

Can you sell solar power back to the grid in Bonita Springs?

Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future utility bills.

How many solar panels should I get to power my home?

The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to cover their typical energy usage.

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.

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