Solar Panel Cost Guide in Winter Beach, FL (2024 Update)
- Winter Beach Solar Installation Cost: $11,965
- 25-Year Savings: $19,728
- Payback Period: 10.3 Years
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Average Cost of Solar Panels in Winter Beach
Let’s take a look at the average cost of solar in Winter Beach.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Winter Beach, the average cost of a solar system is 3 per watt.Because a 5.3-kW system is needed to cover the energy needs of a typical home in Winter Beach, the average price of going solar will be about $11,965 after claiming the federal solar tax credit of 0.
The true cost of your system can be above or below the average in Winter Beach depending on a few factors, such as the model of solar panels you choose and the solar company you hire.With average savings of about $21,000 on electricity bills over 20 years, many homeowners in Winter Beach find investing in solar can be quite rewarding.
To see your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Winter Beach
| Year | Return on Investment |
|---|---|
| 1 years | $-10,591 |
| 3 years | $-7,844 |
| 5 years | $-5,097 |
| 7 years | $-2,350 |
| 9 years | $398 |
| 11 years | $3,145 |
| 13 years | $5,892 |
| 15 years | $8,639 |
| 17 years | $11,387 |
| 19 years | $14,134 |
| 21 years | $16,881 |
| 23 years | $19,628 |
| 25 years | $22,376 |
Top Solar Installers in Winter Beach
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a headache. Taking advantage of a solar company can make swapping over to solar power much easier. Another great thing about choosing a reputable solar installer is that it'll likely provide warranties and free repairs, which help protect your solar investment.
You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some near you:
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 Winter Beach
Factors that Affect Solar Panel Costs in Winter Beach
Though the average cost of a solar system in Winter Beach is $11,965, your final cost may be higher or lower than that. There are many factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to pay around $3,210 per kilowatt in Winter Beach.The solar equipment you choose can increase or decrease your cost 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, extra products, like solar batteries, can bump up your total well above the Winter Beach average.
Solar Financing Terms
Most solar companies in Winter Beach have solar loans, which reduce the initial cost of installing solar.You’ll have to consider the long-term cost of financing options, including the total interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in Winter Beach is the company you get to install your solar panel system. Similar to choosing a company to renovate your kitchen, for instance, you’ll have no shortage of solar installers that provide a range of services at different price points.You may notice national solar installers that have lower prices due to their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials 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 | $18,834 | 10.7 years |
| 8 kW | $3.27 | $18,336 | $25,472 | 10.5 years |
| 10 kW | $3.21 | $22,470 | $32,289 | 10.3 years |
| 12 kW | $3.15 | $26,425 | $39,286 | 10.1 years |
| 14 kW | $3.08 | $30,200 | $46,463 | 9.8 years |
| 16 kW | $3.02 | $33,795 | $53,820 | 9.6 years |
| 18 kW | $2.95 | $37,210 | $61,356 | 9.4 years |
| 20 kW | $2.89 | $40,446 | $69,072 | 9.2 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 pick the right company for you, here are some tips to keep in mind:
- Warranty: An all-inclusive, long-term warranty can help keep your solar system running for a long time and save you money on part replacement and repairs.
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years likely offer quality solar panel installation and expertise.
- Contract: Read the contract terms thoroughly to make sure you understand the cost breakdown, project completion timeline rebates and warranties.
- Installation Process: An important thing to understand when adopting solar energy is the installation process itself. Be sure to align on any details you should know with your solar company, such as what permits you should acquire and what the project timeline is.
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 Winter Beach, FL Solar Cost FAQs
How much does it cost to install solar panels in Winter Beach?
The average cost of solar panels in Winter Beach 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 kind of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to consider when buying solar panels?
Cost is definitely one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase the value of your home?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Winter Beach is currently $532,966, which means you could be looking at a value of about $21,852 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Winter Beach is a worthwhile investment.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption 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 install 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.