Solar Panel Cost Guide in Butler Beach, FL (2023 Update)
- Butler Beach Solar Installation Cost: $9,599
- 25-Year Savings: $19,560
- Payback Period: 8.2 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Butler Beach
Find out how much it might cost to make the switch to solar in Butler Beach.
Although the national average of solar panels is $2.66 per watt, solar panels in Butler Beach generally cost about 2.53. The average solar panel system size in Butler Beach is around 5.4 kilowatts, meaning a cost of about $9,599 for a solar installation, or $13,727 before the 30% federal solar tax credit is applied.
How much you pay can go above or below the average in Butler Beach depending on a variety of factors, such as the type of solar panels you choose and the solar contractor you hire. With typical savings of about $20,000 on utility bills over 20 years, many homeowners in Butler Beach find installing solar panels can pay off big.
For a free quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Butler Beach
| Year | Return on Investment |
|---|---|
| 1 years | $-8,432 |
| 3 years | $-6,100 |
| 5 years | $-3,767 |
| 7 years | $-1,434 |
| 9 years | $898 |
| 11 years | $3,231 |
| 13 years | $5,564 |
| 15 years | $7,896 |
| 17 years | $10,229 |
| 19 years | $12,562 |
| 21 years | $14,895 |
| 23 years | $17,227 |
| 25 years | $19,560 |
Top Solar Installers in Butler Beach
Trying to put up solar panels yourself can be a difficult undertaking, which is why using a solar installation company is a good option for many homeowners. Since solar panels are exposed to temperature swings and extreme weather, warranties and repairs from your solar installer can help you get the most out of your investment in solar panels by reducing potential costs down the line.
If you'd like to make the switch to solar but still aren't certain which solar installer to go with, here are our recommendations for providers 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
See all of the solar companies in Butler Beach
Factors that Affect Solar Panel Costs in Butler Beach
Even though the average cost of a solar system in Butler Beach is $9,599, your actual cost may differ. There are several factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more electricity your household uses, the larger your system will likely need to be. You can expect to spend about $2,530 per kilowatt in Butler Beach. The brand of solar panels and equipment you want is another factor that will considerably influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more costly. Plus, solar equipment goes beyond just the solar panels themselves. You'll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when searching for a solar system that falls within your budget.
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 Butler Beach homeowners choose to finance their solar panel systems to make paying for solar more affordable. However, the interest on solar loans also adds to your overall costs, so it's important to take that into consideration as well. You can always reduce the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The solar panel installer you select will play a role in your total cost to go solar. Different companies will bill different amounts for the equipment and labor. The company's size can sometimes play the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower 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 | $2.63 | $11,051 | $21,222 | 8.6 years |
| 8 kW | $2.58 | $14,451 | $28,580 | 8.4 years |
| 10 kW | $2.53 | $17,710 | $36,079 | 8.2 years |
| 12 kW | $2.48 | $20,827 | $43,720 | 8.1 years |
| 14 kW | $2.43 | $23,802 | $51,503 | 7.9 years |
| 16 kW | $2.38 | $26,636 | $59,427 | 7.7 years |
| 18 kW | $2.33 | $29,328 | $67,493 | 7.6 years |
| 20 kW | $2.28 | $31,878 | $75,700 | 7.4 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 picking a company can be a tough decision, we have some tips to help you, such as:
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Although reading through a contract can be tedious, it's important to do it fully so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be done and how long it will take.
- Solar Panel Brands: Not all solar installers offer the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you hire.
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 Butler Beach, FL Solar Cost FAQs
What is the average cost of installing solar panels in Butler Beach?
The average cost of solar panels in Butler Beach is about $12,650 for a 5-kW system and $25,300 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the model of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important consideration when buying solar panels?
The upfront cost is a crucial factor to consider, but whether it's the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can trump the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Do solar panels increase the value of your home?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Butler Beach is currently $374,500, so you could be looking at a value of about $15,354 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Butler Beach is a worthwhile investment.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually 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.