Solar Panel Cost Guide in Cooper City, FL (2024 Update)
- Cooper City Solar Installation Cost: $12,084
- 25-Year Savings: $19,635
- Payback Period: 10.4 Years
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Average Cost of Solar Panels in Cooper City
Find out what the average cost of installing solar panels is in Cooper City.
The average cost of a solar panel system in Cooper City is 3 per watt.To cover the typical energy usage of the average home in Cooper City, most homeowners require a 5.4-kilowatt system. Using the figure above, a solar installation costs around $12,084, or $17,280 before the federal solar tax credit of 0 is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy needs, the type of solar system you choose, your solar contractor and more.But, once you've paid the initial cost of installation, the savings for most homeowners is typically rewarding, with a net average savings of about $21,000 over 20 years on energy bills.
For a personalized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Cooper City
| Year | Return on Investment |
|---|---|
| 1 years | $-10,710 |
| 3 years | $-7,963 |
| 5 years | $-5,216 |
| 7 years | $-2,469 |
| 9 years | $279 |
| 11 years | $3,026 |
| 13 years | $5,773 |
| 15 years | $8,520 |
| 17 years | $11,268 |
| 19 years | $14,015 |
| 21 years | $16,762 |
| 23 years | $19,509 |
| 25 years | $22,257 |
Top Solar Installers in Cooper City
Installing solar panels yourself can be a stressful project, which is why getting a solar installation company is a good option for many homeowners. Local solar companies can also help you optimize your return on investment by walking you through any local incentives you can take advantage of and by providing warranties and repairs.
Working with a vetted solar company can make going solar easier. Here are our recommendations:
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 Cooper City
Factors that Affect Solar Panel Costs in Cooper City
The cost of installing a solar system in Cooper City can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The most significant one is the size of the system you need, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. That’s why it’s crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.The kind 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. However, more efficient panels could save you more in the long run on your energy bills. In addition, add-on products, like solar batteries, can bump up your total well above the Cooper City average.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are offered by most installers in Cooper City, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable.However, the interest on solar loans also adds to your overall costs, so it’s crucial to include that in your estimate as well. You can always reduce the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you choose to handle your switch to clean energy can play a role in your total costs. There are about 3 solar installation companies operating in Cooper City, and each can charge different amounts for labor and equipment.The company’s size sometimes plays the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices because of access to 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 promotion can bring their pricing lower to compete with bigger names.
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 | $18,511 | 10.8 years |
| 8 kW | $3.27 | $18,336 | $25,041 | 10.6 years |
| 10 kW | $3.21 | $22,470 | $31,750 | 10.4 years |
| 12 kW | $3.15 | $26,425 | $38,640 | 10.2 years |
| 14 kW | $3.08 | $30,200 | $45,709 | 9.9 years |
| 16 kW | $3.02 | $33,795 | $52,957 | 9.7 years |
| 18 kW | $2.95 | $37,210 | $60,386 | 9.5 years |
| 20 kW | $2.89 | $40,446 | $67,994 | 9.3 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you pick the right company for you, here are some tips to keep in mind:
- 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 mark of a good company.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years in most cases offer high-quality solar panel installation and expertise.
- Solar Panel Brands: The brand of solar panel you want to install plays a role in which company you should opt for, since different companies provide different panels.
- Installation Process: Make sure you’re aligned with the installer regarding how the installation process will go and what needs to be done before your solar panel system is installed, such as updating or replacing your electrical system or roof.
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 Cooper City, FL Solar Cost FAQs
What is the average cost of installing solar panels in Cooper City?
The average cost of solar panels in Cooper City 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 things such as the kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Cooper City?
A solar panel system isn’t free in Cooper City, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Can you sell solar power back to the grid in Cooper City?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future power bills.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy needs and the amount of 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.