Solar Panel Cost Guide in Butler Beach, FL (2024 Update)
- Butler Beach Solar Installation Cost: $12,181
- 25-Year Savings: $19,558
- Payback Period: 10.4 Years
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Average Cost of Solar Panels in Butler Beach
We break down average solar pricing in Butler Beach.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Butler Beach, the typical cost of solar panels is 3 per watt.To cover the typical energy needs of the average home in Butler Beach, most homeowners require a 5.4-kilowatt system. Using the per-watt figure above, a solar installation costs about $12,181, or $17,419 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of how much a solar panel system could cost. The exact cost of making the switch to solar can vary depending on a few factors, such as how many panels you need, your energy usage and what company you go with.But, after you've paid the upfront cost of installation, the savings for most homeowners is quite good, with a net average savings of about $20,000 over 20 years on energy bills.
To get a free quote from a pre-vetted solar installation company in Butler Beach, you can click the button below.
Solar savings over time in Butler Beach
| Year | Return on Investment |
|---|---|
| 1 years | $-10,807 |
| 3 years | $-8,060 |
| 5 years | $-5,313 |
| 7 years | $-2,565 |
| 9 years | $182 |
| 11 years | $2,929 |
| 13 years | $5,676 |
| 15 years | $8,424 |
| 17 years | $11,171 |
| 19 years | $13,918 |
| 21 years | $16,665 |
| 23 years | $19,413 |
| 25 years | $22,160 |
Top Solar Installers in Butler Beach
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Hiring an installer can make converting to solar power much easier. Another upside of utilizing a solar installer is that they can help you make the most of your ROI by bringing down your future costs of repairs and replacements due to warranties and informing you of local incentives you can take advantage of.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some in Butler Beach:
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 Butler Beach
Factors that Affect Solar Panel Costs in Butler Beach
For many Butler Beach homeowners, the decision to install solar panels comes down to cost. However, the range of solar installation costs can be quite wide in Butler Beach, 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
When it comes to estimating the cost of a solar panel system in Butler Beach, one of the most crucial 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 usage, which you can figure out by looking at past electricity bills. Your overall cost can increase by about $3,210 for each additional kilowatt you need.There are several different solar panel brands and the one you pick also affects the cost. In general, the brands that are more efficient tend to also be more expensive. In addition, the type of equipment you choose can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are provided by most installers in Butler Beach, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more affordable.You’ll have to consider the long-term cost of financing options, 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 getting a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The solar installation company you pick will influence your total cost to go solar. Different companies will charge different amounts for the equipment and labor.Larger national companies generally have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric car charger installation, they might be cheaper overall.
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 | $18,252 | 10.9 years |
| 8 kW | $3.27 | $18,336 | $24,696 | 10.7 years |
| 10 kW | $3.21 | $22,470 | $31,319 | 10.4 years |
| 12 kW | $3.15 | $26,425 | $38,122 | 10.2 years |
| 14 kW | $3.08 | $30,200 | $45,105 | 10.0 years |
| 16 kW | $3.02 | $33,795 | $52,268 | 9.8 years |
| 18 kW | $2.95 | $37,210 | $59,610 | 9.6 years |
| 20 kW | $2.89 | $40,446 | $67,132 | 9.4 years |
How to Save on Solar Panels
The solar company you choose will impact not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should consider, such as:
- Installation Process: Make sure you’re aligned with the company regarding how the installation process will go and what needs to be done before your solar panels are installed, such as updating or replacing your electrical system or roof.
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years likely provide quality solar panel installation and expertise.
- Warranty: Companies typically offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Contract: When reading over your solar company’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios like a system part breaking or the company going out of business.
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 Butler Beach, FL Solar Cost FAQs
How much does it cost to install solar panels in Butler Beach?
This is a tough question to answer exactly, because the cost depends on a variety of factors. Generally 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 consumption. On the other hand, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Is cost the most important consideration when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Butler Beach?
Solar panels can be a good investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already pretty low, solar panels might not be for you.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally 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.
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.