Solar Panel Cost Guide in Willow Oak, FL (2024 Update)
- Willow Oak Solar Installation Cost: $12,358
- 25-Year Savings: $17,177
- Payback Period: 11.5 Years
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Average Cost of Solar Panels in Willow Oak
Find out how much it might cost to switch to solar power in Willow Oak.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Willow Oak, the typical cost of a solar system is 3 per watt.Using this figure, a typical 5.5-kW system would cost about $12,358 before the 0 federal solar tax credit is applied.
How much you pay can go above or below the average in Willow Oak depending on several factors, such as the model of solar panels you choose and the solar contractor you hire.But, after you've paid the initial cost of installation, the ROI for most homeowners is quite rewarding, with a net average savings of about $20,000 over 20 years on electricity bills.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Willow Oak
| Year | Return on Investment |
|---|---|
| 1 years | $-11,033 |
| 3 years | $-8,382 |
| 5 years | $-5,731 |
| 7 years | $-3,081 |
| 9 years | $-430 |
| 11 years | $2,221 |
| 13 years | $4,871 |
| 15 years | $7,522 |
| 17 years | $10,173 |
| 19 years | $12,824 |
| 21 years | $15,474 |
| 23 years | $18,125 |
| 25 years | $20,776 |
Top Solar Installers in Willow Oak
When switching to solar energy, many homeowners choose to hire a solar company since handling can be a time-consuming project. Local solar installers can also help you maximize your return on investment by assisting with any local incentives you can take advantage of and by offering warranties and repairs.
You can work with a local solar installer to get a free estimate on the cost of solar panels for your home. Here are some in Willow Oak:
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 Willow Oak
Factors that Affect Solar Panel Costs in Willow Oak
For many Willow Oak homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Willow Oak, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the cost of solar panels in Willow Oak, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy consumption, which you can determine by looking at past power bills. Your overall cost can increase by around $3,210 for each additional kilowatt you need.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Willow Oak, where sunlight is abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don’t have a lot of 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
Many homeowners find the average cost of solar in Willow Oak to be prohibitively expensive, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides access to financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to a higher cost over time due to interest.It’s wise to add the interest you’ll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
The solar installer you hire to handle your switch to clean energy can play a role in your total costs. There are about 3 solar installation companies operating throughout Willow Oak, and each can charge different amounts for labor and equipment.Some companies 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 find a company that has 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 | $15,344 | 11.9 years |
| 8 kW | $3.27 | $18,336 | $20,818 | 11.7 years |
| 10 kW | $3.21 | $22,470 | $26,471 | 11.5 years |
| 12 kW | $3.15 | $26,425 | $32,305 | 11.2 years |
| 14 kW | $3.08 | $30,200 | $38,318 | 11.0 years |
| 16 kW | $3.02 | $33,795 | $44,511 | 10.8 years |
| 18 kW | $2.95 | $37,210 | $50,884 | 10.6 years |
| 20 kW | $2.89 | $40,446 | $57,437 | 10.3 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because choosing a company can be a challenge, we have some tips to help you, such as:
- Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
- Warranty: Warranties that provide coverage for replacement parts and repairs over around 25 years are the gold standard in the business, and offering that kind of warranty is one sign of a good company.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the completion timeline.
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 Willow Oak, FL Solar Cost FAQs
What is the average cost of installing solar panels in Willow Oak?
This is a tough question to answer exactly, because the cost depends on a few different factors. Broadly speaking, it costs about $16,050 for a 5-kW system and $32,100 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have above-average energy needs. On the flip side, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Are solar panels free in Willow Oak?
You can’t get solar panels for free in Willow Oak. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Willow Oak?
Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and how much sunlight your roof gets. You can 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 buy between 20 and 35 panels to account for 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.