Solar Panel Cost Guide in Dundee, FL (2024 Update)
- Dundee Solar Installation Cost: $12,358
- 25-Year Savings: $22,407
- Payback Period: 9.6 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Dundee
Find out how much it might cost to go solar in Dundee.
The average cost of a solar system in Dundee is 3 per watt.The average Dundee homeowner needs a 5.5-kilowatt system, which would cost about $12,358 with the federal tax credit, or $17,672 before the 0 tax credit is applied.
These figures are only estimates, and the cost of going solar for you will look different based on factors unique to your home and what company you choose to go with.For many homeowners, the upfront cost of solar power is worth paying. On average Dundee homeowners see about $23,000 in savings on utility bills over 20 years.
You can click the button below to get connected with a pre-vetted solar installer in Dundee for a quote for your home.
Solar savings over time in Dundee
| Year | Return on Investment |
|---|---|
| 1 years | $-10,583 |
| 3 years | $-7,034 |
| 5 years | $-3,484 |
| 7 years | $65 |
| 9 years | $3,615 |
| 11 years | $7,164 |
| 13 years | $10,714 |
| 15 years | $14,264 |
| 17 years | $17,813 |
| 19 years | $21,363 |
| 21 years | $24,912 |
| 23 years | $28,462 |
| 25 years | $32,011 |
Top Solar Installers in Dundee
Although you can install solar panels by yourself, it requires extra effort and handiness. Because of that, most homeowners choose to go with a solar panel installer. A solar company can also help save you money over time by offering warranties, repairs and system component replacements.
Working with a professional solar company can help you make the most of your investment in solar. Here are our recommendations:
Best National Provider
SunPower
- 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
- 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
See all of the solar companies in Dundee
Factors that Affect Solar Panel Costs in Dundee
While the average cost of a solar system in Dundee is $12,358, your final cost may be above or below the average. There are several factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power generation need 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 panels and equipment you want is another factor that will greatly impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Furthermore, solar equipment goes beyond just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking for a solar system that’s in your budget.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are provided by most installers in Dundee, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible.While solar loans make adopting solar energy more accessible for Dundee homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Dundee is the company you hire to install your solar system. Similar to choosing a company to build a deck or pool, for example, there are plenty of solar installers that provide a range of services at different price points.Additionally, some companies in Dundee have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $21,049 | 10.0 years |
| 8 kW | $3.27 | $18,336 | $28,425 | 9.8 years |
| 10 kW | $3.21 | $22,470 | $35,980 | 9.6 years |
| 12 kW | $3.15 | $26,425 | $43,716 | 9.4 years |
| 14 kW | $3.08 | $30,200 | $51,631 | 9.2 years |
| 16 kW | $3.02 | $33,795 | $59,726 | 9.0 years |
| 18 kW | $2.95 | $37,210 | $68,000 | 8.8 years |
| 20 kW | $2.89 | $40,446 | $76,455 | 8.6 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Reputation: Make sure your solar company has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
- Warranty: A high-quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: When going solar, it’s necessary to keep an open line of communication with your solar panel company. Make sure you understand how the installation process works and the project completion timeline.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you hire.
Best National Provider
SunPower
- 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
- 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
EcoWatch's Dundee, FL Solar Cost FAQs
What is the average cost of installing solar panels in Dundee?
The average cost of solar panels in Dundee 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 stuff like the type of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Dundee?
Solar panels aren’t free in Dundee, 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 Dundee?
Most states have net metering programs of some kind. Through these, you can receive compensation for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Dundee?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can opt to replace them after having them for that long or you can continue to use them at a lower efficiency.
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.