Solar Panel Cost Guide in East Milton, FL (2024 Update)

  • East Milton Solar Installation Cost: $13,049
  • 25-Year Savings: $25,553
  • Payback Period: 9.1 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 East Milton

Let’s have a look at the average cost of solar panels in East Milton.

The average cost of solar panels in East Milton is 3 per watt.Since a 5.8-kW system is needed to cover the energy costs of a typical home in East Milton, the average price of going solar will be about $13,049 after claiming the federal solar tax credit of 0.

The true cost of your system can be higher or lower than the average in East Milton depending on a few factors, such as the model of solar panels you choose and the solar company you hire.For many homeowners, the upfront investment in solar power is worth paying. On average you could be looking at about $23,000 in savings on energy bills over 20 years.

You can click the button below to get connected with a top solar company in East Milton that can help you get a more accurate cost estimate for your home.

Solar savings over time in East Milton

Year Return on Investment
1 years $-11,290
3 years $-7,771
5 years $-4,253
7 years $-734
9 years $2,784
11 years $6,303
13 years $9,821
15 years $13,340
17 years $16,858
19 years $20,377
21 years $23,895
23 years $27,414
25 years $30,933

Top Solar Installers in East Milton

Many homeowners opt for a solar installation company since trying to install solar panels on your own can be challenging. The payback period on an investment in solar panels will vary depending on factors like your roof configuration and energy needs, but going with a solar installer can shorten it. Your provider will be able to help you apply for incentives available in your area.

You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some near you:

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 East Milton

Factors that Affect Solar Panel Costs in East Milton

For many East Milton homeowners, the decision to go solar rests on cost. However, the range of solar installation costs can be quite wide in East Milton, with typical prices between $20,000 to $40,000. There are a number of factors that significantly influence the price you’ll pay, which we'll go over below.

Solar Equipment

Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. For that reason, it’s a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use.The kind of solar panels and equipment you want is another factor that will substantially influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Plus, solar equipment is more than 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 researching a solar system that falls within your budget.

Solar Financing Terms

For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are available from most installers in East Milton, which can bring down, or in some cases eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also increases your total costs, so it’s crucial to consider that as well. You can always reduce the total you pay in interest and in some cases even your APR by making a larger down payment.

Solar Panel Installation Company

The final key cost factor you should take into consideration is the installer you choose. Given the massive popularity of clean energy solutions in East Milton, you’ll have many options to choose from, but each comes at various price points for labor and equipment.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and choose a company that provides the products, warranties and services you want and also is within your budget.

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 $23,006 9.5 years
8 kW $3.27 $18,336 $31,034 9.3 years
10 kW $3.21 $22,470 $39,242 9.1 years
12 kW $3.15 $26,425 $47,630 8.9 years
14 kW $3.08 $30,200 $56,197 8.7 years
16 kW $3.02 $33,795 $64,944 8.6 years
18 kW $2.95 $37,210 $73,871 8.4 years
20 kW $2.89 $40,446 $82,978 8.2 years

How to Save on Solar Panels

There are a lot of 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:

  • Installation Process: Get detailed information from your solar company about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
  • Reputation: Companies that have been in business for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
  • Warranty: If you care about the longevity of your solar panel system, ensuring your company offers a 25-year, all-inclusive warranty can help put you at ease.
  • Contract: It’s important to look over your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about the cost.

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 East Milton, FL Solar Cost FAQs

What is the average cost of installing solar panels in East Milton?

The average cost of solar panels in East Milton 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 such as the model of solar panels you want, what size system you need and how much energy you consume.

Should I lease or buy solar panels in East Milton?

Leasing solar panels can be an appealing choice, as it commonly comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better option if you want to get the most savings.

Is switching to solar power worth it?

Solar panels can be a good investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already pretty low, solar panels might not be for you.

How long do solar panels last in East Milton?

On average, solar panels can last 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 level 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.

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