Solar Panel Cost Guide in North Weeki Wachee, FL (2024 Update)
- North Weeki Wachee Solar Installation Cost: $12,554
- 25-Year Savings: $21,168
- Payback Period: 10.1 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 North Weeki Wachee
Let’s have a look at the average cost of solar panels in North Weeki Wachee.
Currently, the national average cost of solar panels is $2.66 per watt. However, in North Weeki Wachee, the typical cost of a solar system is 3 per watt.To cover the typical energy usage of the average home in North Weeki Wachee, most homeowners require a 5.6-kilowatt system. Using the figure above, a solar installation costs around $12,554, or $17,952 before the federal solar tax credit of 0 is applied.
The true cost of your system can be above or below the average in North Weeki Wachee depending on a variety of factors, such as the brand of solar panels you choose and the solar contractor you hire.For many homeowners, the upfront investment in solar power is worth paying. On average North Weeki Wachee homeowners see about $22,000 in savings on energy bills over 20 years.
For a personalized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in North Weeki Wachee
| Year | Return on Investment |
|---|---|
| 1 years | $-10,917 |
| 3 years | $-7,641 |
| 5 years | $-4,365 |
| 7 years | $-1,089 |
| 9 years | $2,187 |
| 11 years | $5,463 |
| 13 years | $8,739 |
| 15 years | $12,014 |
| 17 years | $15,290 |
| 19 years | $18,566 |
| 21 years | $21,842 |
| 23 years | $25,118 |
| 25 years | $28,394 |
Top Solar Installers in North Weeki Wachee
Putting up solar panels on your own can be a time-consuming task, which is why hiring a solar installer is a good option for many homeowners. The expertise that solar installers offer can be helpful as well, especially if you don’t quite know what kind of solar equipment you need.
If you're looking for a solar installer in North Weeki Wachee, the EcoWatch team has organized a list of our top suggestions here:
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in North Weeki Wachee
Factors that Affect Solar Panel Costs in North Weeki Wachee
For many North Weeki Wachee homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in North Weeki Wachee, with typical prices between $20,000 to $40,000. There are numerous factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. Because of that, it’s crucial to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like North Weeki Wachee, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a big investment. That’s why many North Weeki Wachee homeowners decide to finance their solar panel systems to offset upfront costs.Although solar loans make going solar more accessible for North Weeki Wachee homeowners, they can also raise 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 cut back on how much interest you have to pay.
Solar Panel Installation Company
Finally, the company you choose to install your solar panel system can impact your pricing. North Weeki Wachee’s solar companies all have different labor costs and add varying upcharges to equipment. You may come across national solar installers that have lower prices due to 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 | $19,337 | 10.5 years |
| 8 kW | $3.27 | $18,336 | $26,142 | 10.3 years |
| 10 kW | $3.21 | $22,470 | $33,126 | 10.1 years |
| 12 kW | $3.15 | $26,425 | $40,291 | 9.9 years |
| 14 kW | $3.08 | $30,200 | $47,635 | 9.7 years |
| 16 kW | $3.02 | $33,795 | $55,159 | 9.5 years |
| 18 kW | $2.95 | $37,210 | $62,863 | 9.3 years |
| 20 kW | $2.89 | $40,446 | $70,747 | 9.1 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be a challenge, we have some tips to help you, such as:
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, durability and energy efficiency. They will come at different price points as well. The company you choose affects which solar panel brands you have access to.
- Installation Process: When making the switch to solar, it’s important to maintain an open line of communication with your solar panel company. Make sure you understand how the installation process will go and the completion timeline.
- Warranty: If you’re concerned about the longevity of your solar panels, verifying that your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Contract: Before signing a contract with a solar company, make sure to look it over completely so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's North Weeki Wachee, FL Solar Cost FAQs
How much does it cost to install solar panels in North Weeki Wachee?
The average cost of solar panels in North Weeki Wachee 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 use.
What other factors should I consider in addition to cost when buying solar panels?
The initial cost is a very important factor to consider, but whether it’s the most important for you depends on your goals for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Do solar panels increase your home value?
Solar panels can increase your home value remarkably as long as you buy or finance your panels and don’t go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount 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.