Solar Panel Cost Guide in Beverly Hills, FL (2025 Update)
- Beverly Hills Solar Installation Cost: $12,573
- 25-Year Savings: $23,862
- Payback Period: 9.3 Years
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Average Cost of Solar Panels in Beverly Hills
Find out what the average cost of solar panels are in Beverly Hills.
The national average cost of solar panels is $2.66 per watt, but in Beverly Hills it’s 3 per watt.Using this figure, a typical 5.6-kW system would cost about $12,573 before the 0 federal solar tax credit is applied.
The actual price you pay can be higher or lower than the average in Beverly Hills based on several factors, such as the model of solar panels you choose and the solar installer you hire.Even with the large initial cost, the average Beverly Hills homeowner can save about $24,000 on their power bills over 20 years, which is one of the benefits of solar.
To receive a free quote from a highly rated solar company in Beverly Hills, you can click the button below.
Solar savings over time in Beverly Hills
| Year | Return on Investment |
|---|---|
| 1 years | $-10,798 |
| 3 years | $-7,248 |
| 5 years | $-3,699 |
| 7 years | $-149 |
| 9 years | $3,400 |
| 11 years | $6,950 |
| 13 years | $10,499 |
| 15 years | $14,049 |
| 17 years | $17,599 |
| 19 years | $21,148 |
| 21 years | $24,698 |
| 23 years | $28,247 |
| 25 years | $31,797 |
Top Solar Installers in Beverly Hills
Although you can install solar panels yourself, it takes extra time and handiness. That's one of the reasons most homeowners choose a solar panel installer. Another perk of utilizing a solar installer is that they can help you optimize your ROI by cutting back on future costs of repairs and replacements because of warranties and giving you information on local incentives you can take advantage of.
Working with a vetted solar installer can make going solar easier. Here are our recommendations:
See all of the solar companies in Beverly Hills
Factors that Affect Solar Panel Costs in Beverly Hills
Cost is usually one of the most important factors for homeowners considering investing in solar. There are a few major factors that affect your total cost in Beverly Hills: solar equipment and system size, financing options and the solar installation company you choose. We’ll discuss each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of installing solar panels. Because of that, it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use.The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for 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, higher efficiency could save you more over time on your electric bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Beverly Hills average.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That’s why many Beverly Hills homeowners choose to finance their solar panel systems to make paying for solar more affordable.You’ll have to consider the long-term cost of loans, including the amount of 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 above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
The solar installer you hire to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar panel companies in Beverly Hills, and each can charge different amounts for labor and equipment.The company’s size sometimes plays the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of greater resources and better pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger companies.
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 | $22,193 | 9.7 years |
| 8 kW | $3.27 | $18,336 | $29,950 | 9.5 years |
| 10 kW | $3.21 | $22,470 | $37,886 | 9.3 years |
| 12 kW | $3.15 | $26,425 | $46,003 | 9.1 years |
| 14 kW | $3.08 | $30,200 | $54,299 | 8.9 years |
| 16 kW | $3.02 | $33,795 | $62,775 | 8.7 years |
| 18 kW | $2.95 | $37,210 | $71,431 | 8.6 years |
| 20 kW | $2.89 | $40,446 | $80,267 | 8.4 years |
How to Save on Solar Panels
There are numerous companies to choose from in Beverly Hills, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. While there are many options for which kind of solar panel you can get, not every company will have the exact one you may want or need, so be sure to peruse their list of offerings before making your decision.
- Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
- Warranty: If you’re concerned about the durability of your solar system, verifying that your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can check your installer’s reputation is by reading reviews.
EcoWatch's Beverly Hills, FL Solar Cost FAQs
What is the average cost of installing solar panels in Beverly Hills?
The average cost of solar panels in Beverly Hills 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 certain factors like the kind of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Beverly Hills?
Leasing solar panels can be an attractive choice, because it typically 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 incentives and your home value won’t increase. Buying solar panels is a better option if you want to get the most savings.
How will solar panels impact how much my home is worth?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Beverly Hills is currently $240,733, so you can look forward to a value of about $9,870 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Beverly Hills is a worthwhile investment.
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.
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.